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Neurocrine Biosciences Exceeds Expectations With Ingrezza Launch
Thursday, November 2, 2017 - 1:48pm | 661The performance of the tardive dyskinesia drug Ingrezza had sell-side analysts gushing over Neurocrine Biosciences, Inc. (NASDAQ: NBIX)'s third-quarter results. Given the buoyancy surrounding Ingrezza, analysts scrambled to designate Neurocrine as their top mid-cap pick. Ingrezza...
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What The GEN-003 News Means For Genocea
Tuesday, September 26, 2017 - 1:31pm | 411Genocea Biosciences Inc GNCA) announced late Monday that it is effecting a strategic shift to immuno-oncology. The company also said it would focus on the development of neoantigen cancer vaccines, including GEN-009, and that it would explore strategic alternatives for GEN-003. Reacting to the...
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Analysts Weigh In On Gilead-Kite Pharma Deal
Tuesday, August 29, 2017 - 12:07pm | 762The big news for the week in the biotech space is the huge $12 billion buyout of Kite Pharma Inc (NASDAQ: KITE) by Gilead Sciences, Inc. (NASDAQ: GILD). Gilead, Kite and other biotech investors are eager to know Wall Street’s take on the big deal and what it means for the market. Related Link...
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A Decade Of Sales Growth Lies Ahead For Vertex Pharmaceuticals
Wednesday, July 19, 2017 - 11:23am | 384Following strong Phase I and II data on Tuesday from three different triple combo regimens for cystic fibrosis, shares of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) rocketed 30 percent Wednesday to $162.07. The stock’s climb to a new all-time high was assisted by a string of analyst...
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La Jolla Pharma Could Nearly Triple, Cowen Says
Tuesday, February 9, 2016 - 11:54am | 260On Tuesday, Cowen and Company issued a company note on La Jolla Pharmaceutical Company (NASDAQ: LJPC) ahead of multiple drug trials for the company's pipeline. Currently, analysts at Cowen rate La Jolla Pharmaceutical as an Outperform with a $40 price target. Phil Nadeau and Cristina...
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BioMarin's Results Are In: What Do They Mean?
Thursday, June 18, 2015 - 10:31am | 441Encouraging early results from a trial of BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) dwarfism treatment sent the company's shares higher Thursday while analysts boosted their targets. Shares changed hands recently at $138.50, up 12 percent. BioMarin said a trial of its vosoritide drug in...
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Did The AAN Meeting Affect Biogen, PTC Therapeutics, GW Pharma Or Isis Pharma?
Monday, April 27, 2015 - 10:59am | 809The American Association of Neurology is hosting its annual meeting this week in Washington, DC. Through the end of this week, major biotechnology companies will be making presentations highlighting drug breakthroughs and updates. Analysts at Cowen & Co., led by Ritu Baral, highlighted what...
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Market Roundup (GENZ, SNY, BP, C, BAC, MOT, AAPL, KO)
Monday, July 26, 2010 - 3:27pm | 312Bloomberg has quoted unidentified sources as saying that Genzyme (NASDAQ: GENZ) has refused the takeover offer from Sanofi-Aventis (NYSE: SNY). GENZ is, maybe, holding out for a better offer. Analyst Phil Nadeau of Cowen & Co said that it is just a matter of time, “given that Genzyme has...
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GILD To Continue To Outpace Long-Term Street Estimates
Wednesday, January 27, 2010 - 2:12pm | 169Analyst Phil Nadeau of Caris & Company reiterates his "outperform" rating on Gilead Sciences (NASDAQ: GILD), while raising his estimates for the company. According to Caris & Company, GILD reported robust Q4 results, with total revenues and non-GAP EPS exceeding the estimates and the...