Streetwise Biotech / Pharmaceuticals Articles
Global Specialty Pharma Co. Strongly Beats on Consensus Q2 Revenue and Earnings Estimates
Source: Streetwise Reports (8/18/21)
Paradigm Capital Inc. stated in a research report that Knight Therapeutics Inc. posted significantly better than expected operating and financial results in Q2/21 that greatly exceeded analysts' estimates. Meanwhile, insiders continue to add to their positions, and the company has filed a new NCIB allowing it to purchase up to 10% of the float during the next 12 months.
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Platform Therapeutics Co. Posts Positive Revenue Surprise in Q2 on Higher Dermatology Product Sales
Source: Streetwise Reports (8/18/21)
Dawson James Securities Inc. stated in a research update that Fortress Biotech Inc.'s dermatology business shows good growth potential and helped drive a positive revenue surprise in Q2/21. Dawson James has a "Buy" rating on the stock but noted that the real opportunity for the company lies with its vast pipeline and partnerships, which offer real upside potential.
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Travere Posts Positive Topline Data in Phase 3 IgA Nephropathy Study, Shares Trade Higher
Source: Streetwise Reports (8/16/21)
Travere Therapeutics shares traded 14% higher after the company reported positive interim results from its ongoing Phase 3 PROTECT study of sparsentan in treating IgA nephropathy, a chronic kidney disease that can lead to end-stage renal disease.
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Coverage Initiated on Developer of Treatment for Myelofibrosis, GvHD, COVID-19
Source: Streetwise Reports (8/11/21)
A BTIG report noted that CTI Biopharma's Pacritinib "has the potential to be a lead therapeutic in the myelofibrosis space and in additional indications that could provide material value to CTI and CTI's shares over time."
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Pharma Developer Licenses Patent for Treating Neuroendocrine Cancers from US Ivy League College
Source: Streetwise Reports (8/10/21)
Algernon Pharmaceuticals reported its acquisition of the exclusive rights from Dartmouth College for a method of use patent for use in treatment of neuroendocrine cancers expressing functional NMDA receptors.
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Fulcrum Shares Soar on Positive Interim Data in Phase 1 Sickle Cell Disease Study
Source: Streetwise Reports (8/10/21)
Fulcrum Therapeutics shares rose 125% and set a new 52-week high after the company reported Q2/21 financial results and released positive interim results from its Phase 1 sickle cell disease trial.
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Cortexyme Expects to Release Positive Topline Data from Ph. 2/3 Alzheimer's Trial by Late Autumn
Source: Streetwise Reports (8/9/21)
Shares of Cortexyme Inc. traded 47% higher to a new 52-week high after the company reported Q2/21 financial results and provided an update regarding its ongoing Alzheimer's and periodontal disease clinical trials.
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US-Based Biopharma 'In Full Reset Mode,' Analyst Says
Source: Streetwise Reports (8/4/21)
An H.C. Wainwright & Co. report notes that Agios Pharmaceuticals "is rapidly rebooting and has made critical progress on various fronts."
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Biopharma Makes 'Solid Clinical Progress' in Q2/21
Source: Streetwise Reports (8/4/21)
The highlights of Oryzon Genomics' Q2/21 clinical advancements were recapped in a Roth Capital Partners report.
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Novavax Shares Get a Boost as EC Orders up to 200 Million Doses of Its COVID-19 Vaccine
Source: Streetwise Reports (8/4/21)
Novavax Inc. shares traded nearly 19% higher after the company reported the finalization of an advance purchase agreement with the European Commission to provide up to 200 million doses of its COVID-19 Vaccine.
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Translate Bio Shares Rise 29% on Sanofi's $3.2 Billion Buyout Bid
Source: Streetwise Reports (8/3/21)
Shares of Translate Bio Inc. soared to a new 52-week high after the company reported it agreed to be acquired by its collaborative partner Sanofi SA for $38 per share in cash in a deal valued at $3.2 billion.
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Gene Editing May Terminate Virus Transmission, Combat Heart and Brain Disease With a Single Shot
Source: McAlinden Research for Streetwise Reports (8/2/21)
McAlinden Research Partners explores the acceleration of gene-editing technology and notes the market is poised to expand as the World Health Organization (WHO) creates new standards for companies to follow.
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Annovis Shares Rise on Positive Phase 2 Alzheimer's and Parkinson's Disease Trial Results
Source: Streetwise Reports (8/2/21)
Shares of Annovis Bio Inc. traded 20% higher after the company reported positive interim data from its Phase 2 clinical studies of ANVS401 (Posiphen) for treatment of Alzheimer's and Parkinson's diseases.
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Sorrento Therapeutics Proceeds with COVID-19 Drug Treatment Trial
Source: Streetwise Reports (7/28/21)
The latest developments concerning Sorrento Therapeutics, its product portfolio and partners are summarized in a Dawson James Securities report.
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Biopharma Creates New Business Unit Ahead of Commercial Product Launch
Source: Streetwise Reports (7/28/21)
The purpose of HTG Molecular Diagnostics' new therapeutics division and early interest in the biopharma's commercial-ready Transcriptome Panel are covered in an H.C. Wainwright & Co. report.
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Rritual Superfoods at Full-Throttle, Adding CVS, Amazon Along the US Distribution Superhighway
Source: Knox Henderson for Streetwise Reports (7/28/21)
Knox Henderson takes a close look at Rritual Superfoods and its plans to ramp up mass distribution.
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Small Bio-tech Gets $17.7 Million Backing from U.S. Department of Defense to Treat SARS-CoV-2 Delta Variant
Source: Streetwise Reports (7/20/21)
Immunome's proprietary discovery engine identifies novel therapeutic antibodies and their targets.
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Cytokinetics Shares Rise 41% on Positive Phase 2 Redwood-HCM Trial Data
Source: Streetwise Reports (7/19/21)
Cytokinetics Inc. shares reached a new 52-week high after the company reported positive topline results from its Phase 2 CK-274 hypertrophic cardiomyopathy clinical trial.
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Merger of Two Biopharmas 'Brings a New Dawn'
Source: Streetwise Reports (7/14/21)
The implications of the Aerpio Pharmaceuticals–Aadi Bioscience transaction and the outlook and future for the combined company's lead drug candidate are discussed in an H.C. Wainwright & Co. report.
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FDA, EMA Approve Drug Firm's Phase 3 Liver Cancer Trial Design
Source: Streetwise Reports (7/14/21)
The recent news regarding Can-Fite BioPharma is reviewed in a Dawson James Securities report.
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Alphatec Shares Rise After Firm Announces Strong Organic Revenue Growth in Q2
Source: Streetwise Reports (7/12/21)
Alphatec Holdings Inc. shares traded 12% higher after the company reported preliminary Q2/21 financial results that included a larger than 90% increase in YoY organic revenue.
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Pharma Company Working to Unlock Psychedelic Drug's Potential for Stroke Recovery
Source: Streetwise Reports (7/9/21)
Algernon Pharmaceuticals CEO Christopher J. Moreau and Dr. David Nutt, the company's research stroke consultant, discuss Algernon's upcoming Phase 1 study of DMT for stroke.
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Biopharma Files New Drug Application for Lead Clinical Product
Source: Streetwise Reports (7/7/21)
A review of Daré Bioscience's lead clinical product for bacterial vaginosis and a potential timeline to commercialization are provided in a Roth Capital Partners report.
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Biotech 'Strikes Again,' Identifies Gene Mutation that Protects Against Obesity
Source: Streetwise Reports (7/7/21)
The encouraging work Regeneron Pharmaceuticals completed thus far, and the next challenge in this program, are laid out in an H.C. Wainwright & Co. report.
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Biohaven Posts Revenue of $93 Million in Q2 for Its Migraine Medicine
Source: Streetwise Reports (7/7/21)
Shares of Biohaven Pharmaceutical Holding Co. Ltd. traded 12% higher to a new 52-week high after the company reported preliminary Q2/21 net product revenue of $93 million for NURTEC ODT, which it claims is the first and only FDA approved medicine for both acute and preventive migraine treatment.
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