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Streetwise Reports' Article Archives — October 2020 back to current month (26)

Acadia Healthcare Shares Rise 20% on Q3 Earnings and Positive Forward Guidance (10/30/2020)

Shares of Acadia Healthcare reached a new 52-week high after the company reported Q3/20 financial results that included a 7.5% YoY increase in revenue at its U.S. health facilities.

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Biotech Expects Interim Analysis Data from Phase 3 COVID-19 Study by Year-End (10/28/2020)

Revive Therapeutics anticipates that more than 200 patients will complete its Phase 3 clinical trial of Bucillamine in patients with mild-moderate COVID-19 by the end of December 2020 and stated that those results will help identify the best dosage levels for the rest of the trial.

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Exact Sciences Shares Rise 29% as Firm Announces Q3 Earnings, a Capital Raise and Two Acquisitions (10/27/2020)

Exact Sciences Corp. shares reached a new 52-week high after the maker of cancer screening test Cologuard reported Q3/20 financial results that included a greater than 86% increase in year-over-year revenue.

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Mirati Therapeutics' Shares Rise 12.5% on Positive Data from Cancer Studies (10/26/2020)

Mirati Therapeutics' shares reached a new 52-week high after the company reported preliminary data for Adagrasib (MRTX849) demonstrated durable anti-tumor activity in its non-small cell lung cancer and colorectal cancer studies.

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Biopharma White Paper Posits FDA Approval of Biogen's Alzheimer's Drug Likely Next Month (10/23/2020)

ProMIS Neurosciences cites "unequivocally positive data" and encouraging FDA actions with respect to the therapeutic.

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Align Technology Shares Head Straight Up on 20.9% Q3 Revenue Growth as Firm Celebrates its 9 Millionth Invisalign Patient (10/22/2020)

Shares of Align Technology traded 35% higher and climbed to a new 52-week high after the company reported Q3/20 financial results that included a 20.9% YoY increase in net revenues.

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Biotech Secures Supplier of Psilocybin, Other Psychedelics (10/21/2020)

Revive Therapeutics will use these products in future studies and clinical trials.

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Aptinyx Shares Trade 17% Higher on Positive Top-Line Data in Phase 2 PTSD Trial (10/20/2020)

Aptinyx shares set a new 52-week high price after the company reported statistically significant, top-line data from its Phase 2 Study of NYX-783 in patients diagnosed with post-traumatic stress disorder.

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BioSpecifics Technologies Agrees to $658 Million Buyout Offer from Endo Pharmaceuticals (10/19/2020)

Biospecifics Technologies shares traded 45% higher after the company reported that it agreed to be acquired by Endo Pharmaceuticals for $88.50 per share in an all cash transaction.

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With Bases Loaded, NervGen Swings for the Fences in Traumatic Brain Injury (10/19/2020)

Is there anything intracellular sigma peptide, the company's lead agent, can't do, asks Dr. KSS, MD, PhD, editor-in-chief of BioPub.co.

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Organogenesis Shares Rise 20% on Q3 Net Revenue Growth and FY Guidance (10/15/2020)

Shares of Organogenesis Holdings traded higher after the company reported preliminary Q3/20 financial results demonstrating a 55% increase in year-over-year revenue.

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Biopharma Announces Pulmonary Fibrosis Trial Now 25% Enrolled (10/14/2020)

Five sites in Australia and New Zealand are participating in this study of Algernon Pharmaceuticals' drug.

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Life Sciences Firm Lands Record 4 Metric Tons Order for Antibiotic-Free Feedstock (10/14/2020)

Avivagen Inc. reported that it has received a record purchase order for its OxC-beta™ product from UNAHCO.

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Phase 3 COVID-19 Study of Firm's Stem Cell Product Exceeds 50% Enrollment (10/14/2020)

The study design and goals and Mesoblast's next steps are reviewed in a Dawson James Securities report.

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Allscripts Agrees to Sell Its CarePort Health Business for $1.35 Billion (10/14/2020)

Shares of Allscripts Healthcare Solutions traded 30% higher after the company reported it has agreed to sell its CarePort Health business to WellSky Corp. for $1.35 billion.

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Altimmune Publishes Compelling Preclinical Data for Intranasal COVID-19 Vaccine Candidate (10/13/2020)

Altimmune Inc. shares traded 12% higher after the company published preclinical studies conducted together with the University of Alabama at Birmingham for AdCOVID, its intranasal COVID-19 vaccine candidate.

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CareDx Shares Trade Up 15% After Announcing 57% YoY Increase in Q3 Revenue (10/08/2020)

CareDx shares established a new 52-week high after the company reported that preliminary revenue in Q3/20 increased 57% year-over-year to $53.0 million.

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StreetSmart Live! Presents Algernon Pharmaceuticals (10/08/2020)

Algernon Pharmaceuticals CEO Christopher Moreau and guests fund manager Steve Palmer, Dr. Mark Swaim and Tony Pullen discuss the company's upcoming catalysts and events.

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Immunotherapy Firm Announces Positive Top-Line Trial Results for Severe and Critical COVID-19 Patients (10/07/2020)

The study data and potential near-term catalysts for Enlivex Therapeutics are covered in an H.C. Wainwright & Co. report.

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Creator of Antibiotic-Free Livestock Supplement Extends Reach in Mexico (10/07/2020)

Avivagen reports that it has gained both new customers and increased access to prospective ones.

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Ocular Therapeutix Shares Rise 25% After Firm Reports 250% Sequential Increase in Q3 Revenue (10/07/2020)

Ocular Therapeutix shares reached a new 52-week high after the company reported that preliminary net product revenue increased to $5.8-5.9 million during Q3/20, representing a more than 250% increase over the previous quarter.

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Biopharma's Multinational COVID-19 Study Hits 75% Enrollment Mark (10/05/2020)

Algernon Pharmaceuticals expects completion of the clinical trial next month and data readout by year-end.

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MyoKardia Shares Don't Skip a Beat on $13.1 Billion Acquisition by Bristol Myers Squibb (10/05/2020)

Shares of MyoKardia traded 58% higher after the company reported that Bristol Myers Squibb has agreed to acquire the firm for $13.1 billion, or $225.00 per share in cash.

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American Renal Associates Agrees to Private Equity Firm's $853 Million Buyout Offer (10/02/2020)

Shares of American Renal Associates traded 67% higher and set a new 52-week high after the company reported that it has entered into a definitive agreement to be acquired by a Nautic Partners LLC affiliate for $11.50 per share in cash.

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CloudMD: The Best Bet in Telehealth? (10/01/2020)

Peter Epstein of Epstein Research reviews the reasons he believes CloudMD is poised for substantial growth compared to peers.

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AMAG Pharma Receives $647 Million Takeover Bid from Luxembourg Firm (10/01/2020)

Shares of AMAG Pharmaceuticals traded 44% higher after the company reported it has agreed to be acquired by Covis Group S.à r.l. for $13.75 per share in cash, or approximately $498 million on a fully diluted basis.

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