-
Opthea IPO: What Investors Should Know About The Genentech, Regeneron Challenger
Thursday, October 15, 2020 - 4:15pm | 696Opthea, an Australian clinical stage biotech company, is going public to help fund its Phase 3 trials and take on two large biotech companies. About Opthea: The main area of focus for Opthea Ltd (NASDAQ: OPT) is wet age-related macular degeneration, commonly referred to as AMD, and other...
-
IPO Outlook: Solar Power Company Array Technologies, Chinese Retailer Miniso Lead Possible 9 IPO Week
Sunday, October 11, 2020 - 1:52pm | 1239This week could see up to nine companies price their IPOs. Here is a look at the companies looking to go public this week. Codiak Biosciences: Clinical stage biopharmaceutical Codiak Biosciences (NASDAQ: CDAK) plans to sell 5.5 million shares at a price point of $14 to $16. The...
-
Regeneron Snags Upgrade On Reduced Prospects For Rival Eye Disorder Drug
Tuesday, February 25, 2020 - 12:46pm | 422One's pain is another's gain, and this phrase ringed in true in the case of Regeneron Pharmaceuticals Inc (NASDAQ: REGN). Jefferies deemed fit to upgrade shares on improved prospects for its eye disorder drug Eylea following disclosure of adverse events associated with Novartis AG's (...
-
Regeneron's Eylea Prefilled Syringe Clears FDA Hurdle
Tuesday, August 13, 2019 - 11:01am | 285Regeneron Pharmaceuticals Inc (NASDAQ: REGN) shares were trading higher Tuesday after Eylea, its product to treat retinal conditions, snagged another approval. What Happened Regeneron said Tuesday ahead of the market open that the FDA approved the Chemistry, Manufacturing and Controls Prior...
-
Clearside Biomedical Plunges 60% Following Phase 3 Study Results
Monday, November 5, 2018 - 4:40pm | 324Shares of Clearside Biomedical Inc (NASDAQ: CLSD), a biopharmaceutical company that focuses on the treatment of serious eye diseases, plunged 60 percent Monday after announcing disappointing results from a Phase 3 study. What Happened Clearside said in a press release its Phase 3 clinical...
-
Attention Biotech Investors: Mark Your Calendar For These August PDUFA Dates
Wednesday, August 1, 2018 - 7:38am | 1657Biotech stocks had a fairly decent run up in July after a nearly flat performance in June. The iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) is up about 5 percent. As the earnings season kicks into high gear and amid several other catalysts, August is likely to be an action-packed...
-
Canaccord Slices Regeneron Price Target 32% On Eylea, Dupixent Challenges
Wednesday, February 21, 2018 - 12:07pm | 379Regeneron Pharmaceuticals Inc (NASDAQ: REGN) shares fell 31 percent over the last six months, and the company's headwinds appear unending. The biotech firm lost an advocate Wednesday on the basis of a rough outlook for Eylea and Dupixent treatments. The Rating Canaccord Genuity analyst John...
-
The Prospects For CHS-3351, Coherus' Most Underappreciated Asset
Friday, May 5, 2017 - 11:17am | 375BMO Capital Markets said in a note CHS-3351 may be Coherus Biosciences Inc (NASDAQ: CHRS)'s most underappreciated asset. CHS-3351 is a biosimilar of ranibizumab, an mAb fragment against VEGF-A used to treat neovascular age-related macular degeneration, or AMD. Promising Potential Analyst Ian...
-
Alimera's Commercial Steroid Implant For Diabetic Macular Edema, Explored
Sunday, April 30, 2017 - 12:59pm | 628Initiating coverage of Alimera Sciences Inc (NASDAQ: ALIM) at a Buy rating and a $4 price target, Rodman & Renshaw said it views the company's commercialized product lluvien, which is a fluocinolone acetonide intravitreal implant, is differentiated from other corticosteroid treatment options...
-
Do Analysts See A Path Forward For Ophthotech's Fovista?
Friday, March 24, 2017 - 3:35pm | 452After the release of Ophthotech Corp (NASDAQ: OPHT)'s fourth-quarter results, Leerink weighed in on the possibility of a path forward for Fovista, the company's candidate for the treatment of wet age-related macular degeneration. The Disappointment The company announced disappointing...
-
Stay Of Court Injunction A Mild Positive For Regeneron
Thursday, February 9, 2017 - 1:02pm | 416Following a stay granted to allow Regeneron Pharmaceuticals Inc (NASDAQ: REGN)'s PCSK9 franchise Praluent to stay in the market, Credit Suisse said the development is a mild positive for the company. The firm said the company's shares would trade up 2–4 percent based on the headline news,...
-
Regeneron Eyes A Comeback In 2017
Tuesday, December 27, 2016 - 2:50pm | 371After a strong third quarter with a 7-percent revenue increase, Regeneron Pharmaceuticals Inc (NASDAQ: REGN) justifies a Buy rating from Argus analysts with a $450 target. Analysts also increased Regeneron's 2016 EPS estimate from $11 to $11.58 after the company's GAAP EPS rose 25 percent. Although...
-
One Way To Look At The Ophthotech-Regeneron Pair Trade
Monday, December 12, 2016 - 12:29pm | 284Opthotech Corp (NASDAQ: OPHT) shares plummeted 84.6 percent on Monday morning after the company reported negative results in its Phase III OPH1002 and OPH1003 studies. The two combination trials in wet age-related macular degeneration (AMD) failed to meet primary endpoints. “We found no...
-
Imprimis CEO Talks Phenomenal Quarter: 'Shocking' Statistics, Simplification And A Trifecta For Success
Thursday, December 1, 2016 - 1:03pm | 510Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) is a San Diego-based small-cap pharmaceutical company that specializes in the ophthalmology space. The company is coming off an impressive 81 percent year-over-year increase in revenues in its most recent quarter and clocked nearly a 20 percent...
-
Hard To See If Regeneron's Eylea Combo Study Failure Reads Through To Ophthotech's Fovista
Monday, October 3, 2016 - 11:57am | 339Regeneron Pharmaceuticals Inc (NASDAQ: REGN) announced that the Phase 2 CAPELLA trial of Eylea co-formulated with an anti-PDGFR-beta antibody, runicumab, did not meet the primary endpoint. Baird’s Brian P. Skorney maintained a Neutral rating on the company, with a price target of $448. He...