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Gilead Sciences Faces Wall Street Speculation About Obesity Drugs Despite Focus On Liver Treatments
Friday, June 21, 2024 - 11:42am | 718Gilead Sciences, Inc. (NASDAQ:GILD) witnessed a flurry of Wall Street speculation regarding its potential involvement in the obesity drug market. But, the biotech company, renowned for its cancer and HIV treatments, has not positioned itself as a contender in this lucrative field. Most recently,...
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Regeneron Pharmaceuticals Analysts React To Drug Trial Results: Why Whales Are Diving In
Friday, March 24, 2023 - 10:09am | 323Regeneron Pharmaceuticals Inc (NASDAQ: REGN) announced the Phase 3 trial of Dupixent (dupilumab), developed with Sanofi (NASDAQ: SNY), for uncontrolled chronic obstructive pulmonary disease (COPD) met its primary and secondary endpoints, which attracted investments from whales. Raymond...
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COVID-19 Vaccines To Generate over $10B Annual Revenue, Analyst Say
Thursday, November 5, 2020 - 5:24am | 563A successful COVID-19 vaccine could be a bumper revenue opportunity for the pharmaceutical companies, with the market estimated to generate at least $10 billion in revenue a year, according to analysts. The Thesis: Morgan Stanley and Credit Suisse analysts estimate that people will...
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Credit Suisse Upgrades Gilead On Remdesivir Commercial Opportunity
Monday, July 20, 2020 - 11:38am | 780The biotech sector is a surefire winner due to a two-pronged benefit from the coronavirus pandemic, according to an analyst at Credit Suisse. Biotechs To Outperform In Q2? The biotech sector is not only the likely source of the solution to the pandemicm but is also fairly...
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Some Biogen Analysts Unimpressed By Explanation For Aducanumab Filing Delay
Thursday, April 23, 2020 - 3:49pm | 785Biogen Inc (NASDAQ: BIIB) shares shed close to 10% Wednesday following the revelation that the BLA filing for the company's Alzheimer's investigational drug aducanumab will be delayed. The Biogen Analysts Barclays analyst Carter Gould maintained an Overweight rating on Biogen...
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Analysts: Galera Has Novel Pipeline For Radiation Oncology Market, Commercialization Remains Headwind
Monday, December 2, 2019 - 2:10pm | 467Galera Therapeutics Inc (NASDAQ: GRTX), a biopharma company working on novel therapeutics for transforming radiotherapy treatment in cancer, recently IPO'd, offering 5 million shares at $12 apiece. Following the expiry of the IPO quiet period, Citigroup analyst Yigal Nochomovitz initiated...
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Wall Street's Best Think Gilead Will Continue To Outperform The Market
Monday, July 27, 2015 - 4:12pm | 451Shares of Gilead Sciences, Inc. (NASDAQ: GILD) are down about 1.8 percent on Monday trading, ahead of the announcement of the company’s second quarter financial results, scheduled for after the market closes on Tuesday. According to Estimize, experts are projecting earnings of $2.64 per...
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Wall Street Mixed On Biogen Before Earnings
Thursday, July 23, 2015 - 5:39pm | 729Shares of Biogen Inc (NASDAQ: BIIB) fell 1.71 percent on Thursday's trading, ahead of the announcement of the company’s second quarter financial results, scheduled for before the market opens on Friday. According to Estimize, the Street is expecting to see 17 percent year-over-year growth...
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Deutsche Bank Bullish On Biogen: New Data Doesn't Change Probability Of Success For Alzheimer's
Wednesday, July 22, 2015 - 4:16pm | 278In a report issued Wednesday, Deutsche Bank analysts Robyn Karnauskas, Mohit Bansal and Evan Seigerman maintained a Buy rating and $460.00 price target on shares of Biogen Inc (NASDAQ: BIIB), following the results for its Phase 1 Alzheimer's study, in which a 6mg Aducanumab dose failed to...