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Gates Foundation Deal Opens Things Up For OraSure
Tuesday, June 27, 2017 - 2:07pm | 616Canaccord Genuity said in note Tuesday the Gates Foundation agreement helps open up the spigot for OraSure Technologies, Inc. (NASDAQ: OSUR). The firm lifted its price target in the wake of the news. Canaccord noted that the deal is similar to Danaher Corporation (NYSE: DHR) unit Cepheid's TB...
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Inovio Shares Rise And Fall Like A Roller Coaster
Friday, May 26, 2017 - 9:09am | 432On Wednesday, Inovio Pharmaceuticals Inc (NASDAQ: INO) announced the results of a study on its HIV vaccine, PENNVAX-GP, stating the drug “produced amongst the highest overall levels of immune response rates ever demonstrated in a human study by an HIV vaccine.” Benzinga was unable to...
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Inovio's HIV Vaccine Elicits High Response Rates In Phase 1 Trial
Thursday, May 25, 2017 - 12:15pm | 563Following the results release of an early-stage study of Pennvax-GP, Inovio Pharmaceuticals Inc (NASDAQ: INO)'s HIV vaccine, H.C. Wainwright noted that the vaccine elicited high T-cell and antibody immune responses in healthy and uninfected adults. The Trial Analysts Raghuram Selvaraju and Yi Chen...
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Gilead's Q1 Fails To Impress, But Strength Of Pipeline Not Reflected In Current Share Price
Wednesday, May 3, 2017 - 11:46am | 355BMO Capital Markets' M. Ian Somaiya maintained a Market Perform rating on Gilead Sciences, Inc. (NASDAQ: GILD) with a price target boosted from $75 to $76 after the company reported its first quarter results. Gilead's reported revenues of $6.5 billion fell short of the $6.66 billion...
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Getting Into The Business Of Medical Marijuana: An Interview With IGC CEO Ram Mukunda
Wednesday, March 15, 2017 - 7:47am | 1143Engineering graduate Ram Mukunda spent more than 25 years working in Wall Street. He served in companies communications firms Intelsat SA (NYSE: I) and Startec, before making an incursion into the mining industry through a company he co-founded. India Globalization Capital, Inc. (NYSE: IGC) was...
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HIV Diagnoses Are Falling
Tuesday, December 8, 2015 - 10:31am | 436The Washington Post, citing a Centers for Disease Control and Prevention study, reported the number of annual HIV diagnoses has dropped by 19 percent between 2005 and 2014. Men who have sex with other men accounted for around 67 percent of all HIV diagnoses in 2014. HIV cases among women fell by...
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Oppenheimer Incrementally More Bullish on Gilead, Remains Cautious On Vertex
Tuesday, October 20, 2015 - 12:00pm | 622Wendy Lam of Oppenheimer maintained an Outperform rating on shares of Gilead Sciences, Inc. (NASDAQ: GILD) and Perform rating on shares of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX). Lam noted that Gilead's two core franchises offer a "durable foundation" of substantial...
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Gilead Sciences: Here's What A Bull And A Bear Are Saying
Wednesday, July 29, 2015 - 10:34am | 483Shares of Gilead Sciences, Inc. (NASDAQ: GILD) were trading higher by more than 4 percent Wednesday after the company reported better-than-expected earnings for its second quarter. Here are opposing views of what two of Wall Street's top analysts are saying. Bank Of America: Long-Term...
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Bristol-Myers' HIV-1 Drug Approved In Europe
Thursday, July 16, 2015 - 12:07pm | 329Shares of Bristol-Myers Squibb Co (NYSE: BMY) were boosted higher on Thursday after the company announced the European Commission approved its Evotaz for the treatment of HIV-1 in adults. Evotaz (atazanayir 300 mg and cobicistat 150 mg) is a daily tablet to be taken with other antiretroviral...
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Edible Marijuana Products Get The 'Okay' In Canada
Friday, June 12, 2015 - 8:34am | 327In 2009, a Canadian baker named Owen Smith was charged with trafficking and unlawful possession of marijuana for using cannabis oil to bake pot cookies. Smith was later acquitted, but a larger question loomed as to whether or not dispensaries in Canada should allow medical marijuana to be...
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New Potential HIV Vaccine Drug 'Absolutely 100% Effective' In Monkeys
Friday, February 20, 2015 - 8:22am | 473According to a recent article in Nature, an experimental drug being tested at the Scripps Research Institute in Florida has been effective in blocking HIV infection in monkeys. The new drug has yet to be tested on humans, but preliminary results in animal testing have researchers excited about...
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Have French Scientists Discovered A Cure For HIV?
Thursday, November 13, 2014 - 6:15pm | 659The current Ebola crisis has stolen headlines from other major diseases. One of them is HIV. On November 4, a group of French scientists brought HIV back to the forefront when they announced they had found the genetic mechanism for a “spontaneous cure” of the dreaded disease....
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Advances In HIV, Hep C Treatments Could Spark Renewed Interest In Biotech Stocks
Wednesday, June 18, 2014 - 9:38am | 768This month marks 33 years since the U.S. Centers for Disease Control and Prevention (CDC) reported on a rare lung infection affecting a group of gay men – one of the first known medical mentions of what later became known as the AIDS outbreak. The World Health Organization says that, over...
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Helping Patients More With Less Drugs: An Interview With CytoDyn's CEO
Wednesday, April 2, 2014 - 3:19pm | 549In a bull market, investors pile into large cap stocks to ride the wave. With the Standard & Poor's 500 Index up more than 22 percent for the last year of market action, that has certainly been the case. For the savvy investors, that offers promising opportunities in many small caps that...