Streetwise Reports' Article Archives — December 2021 back to current month (25)

Analyst: Drug a 'Hidden Gem for 2022' (12/31/2021)

Oppenheimer ranks Astria Therapeutics Outperform after learning about its drug for hereditary angioedema, saying "We stay bullish."

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Co.'s COVID-19 Test Detects Omicron Variant (12/30/2021)

H.C. Wainwright & Co. gives Sorrento Therapeutics a Buy rating after initial testing shows its COVISTIX detects COVID-19's Omicron variant.

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Co. Looks To US For Help Fighting Strokes (12/29/2021)

Canadian company Algernon Pharmaceuticals Inc. has applied to uplist to the Nasdaq in hopes of attracting U.S. investors to its mission to repurpose drugs.

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Co. Still Compelling After Drug Trial Failure (12/29/2021)

"Arcalyst remains the value driver" for Kiniksa Pharmaceuticals, and "we continue to hold a favorable view of the company," noted a Wedbush report.

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Co. Rated Outperform As Heart Failure Drug Nears Potential Approval (12/25/2021)

"Cytokinetics' pipeline of muscle-directed therapies has potential to address several diseases with high unmet medical need and may generate significant revenue across pipeline programs," noted an Oppenheimer report.

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Analyst: Question Lingers Over Biotech’s Cell Therapy (12/23/2021)

A DawsonJames report notes that Brainstorm Cell Therapeutics’ autologous stem cells in amyotrophic lateral sclerosis will need further study to prove their effectiveness.

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Coverage Initiated on Biopharma Co. After Turnaround Story (12/23/2021)

"With Acasti Pharma shares trading near cash levels yet current resources sufficient to achieve key development milestones across the pipeline over 2022-2023, we recommend investors build a position," noted an Oppenheimer report.

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Analyst Highlights Top Picks in Biotech for 2022 (12/20/2021)

Aldeyra Therapeutics, in the ophthalmology space, and SQZ Biotechnologies, in the cell therapy sector, have "advantages that their specific approaches allow," noted a BTIG report.

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FDA Grants Approval for CNS-Focused Biopharma Firm's Bipolar Disorder Drug (12/20/2021)

Intra-Cellular Therapies Inc. shares traded 19% higher to a new 52-week high after the company reported the U.S. FDA has approved the use of its CAPLYTA® (lumateperone) for treatment of adults with bipolar depression.

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Co. Launches Pivotal Phase in Alzheimer's Agitation Drug's Trial (12/17/2021)

BioXcel Therapeutics' lead drug candidate for agitation in Alzheimer's disease patients could serve a substantial market, noted an H.C. Wainwright & Co. report.

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Analyst Says Regeneron Could Be 'Biotech Champion' (12/17/2021)

Regeneron Pharmaceuticals Inc.'s stock was up 36% in 2021 while the NASDAQ Biotechnology Index remained flat, Oppenheimer analyst Hartaj Singh reported in a Dec. 16 research note.

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Co.'s Shares Gain 27% After FDA Nears Drug Approval (12/16/2021)

Shares of Calliditas Therapeutics AB traded higher after the company reported the U.S. FDA granted accelerated approval for its TARPEYO™ (budesonide) to reduce proteinuria in IgA nephropathy.

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Target Price Raised on Biotech Based on Management Update (12/13/2021)

During its recent R&D Day, Prometheus Biosciences announced new strong trial data, another new indication for its lead therapeutic candidate and progress in developing a subcutaneous formulation of it, according to an Oppenheimer report.

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Arena Pharma Takes Center Stage With Pfizer's $6.7B Cash Buyout (12/13/2021)

Arena Pharmaceuticals shares traded 80% higher after the company reported it agreed to be acquired by Pfizer Inc. for $100.00 per share in cash in a deal valued at $6.7 billion.

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Biopharma Explains How Its Technology Evolved, Describes Current Programs (12/11/2021)

F-star Therapeutics "has methodically delivered scientific/preclinical/early clinical data validating its platform bispecific technology," noted an Oppenheimer report.

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Biopharma's Anti-PD-L1 Antibody Advances in Two Oncologic Indications (12/10/2021)

Checkpoint Therapeutics' "cosibelimab represents a competitive asset on both efficacy and safety with an expected added advantage of lower net price," an H.C. Wainwright & Co. report noted.

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Biopharma Partners to Commercialize Enzyme Used for Kidney Transplant Patients (12/10/2021)

The partnership allows Hansa Biopharma to "enter new markets without the cost and risk of building out country-specific commercial organizations for a single product," an H.C. Wainwright & Co. report indicated.

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California-Based Biopharma Advances Lead Asset in COVID-19, Other Indications (12/08/2021)

Humanigen has applications for lenzilumab in the works with U.S., United Kingdom and European drug regulatory agencies, noted a ROTH Capital Partners report.

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CRO's Shares Rise 18% on Preliminary Q4/FY Financial Results (12/08/2021)

Shares of contract research organization Inotiv Inc. traded higher after the company reported select preliminary unaudited financial results for Q4/21 and FY/21 which included a 90.7% YoY increase in revenue and a 123.0% increase in gross profit.

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Biopharma Seeks to Add Idiopathic Hypersomnia to Narcolepsy Drug's Label (12/07/2021)

Harmony Biosciences Holdings intends to conduct a Phase Three trial next year to evaluate Wakix as a treatment for idiopathic hypersomnia, according to an Oppenheimer report.

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Partnership With Chewy.com Sends Pet Health Insurer's Shares to the Top of the Pack (12/07/2021)

Shares of pet healthcare insurer Trupanion Inc. reached a new 52-week high after the company reported it is teaming up with Chewy Inc. to offer an exclusive line of pet wellness and health insurance products to Chewy's 20,000,000 customers.

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Medical Device Firm Engages Distributor for Its TransDermal Infusion System (12/06/2021)

Sensus Healthcare's "needle-free treatment presents a clear competitive advantage in the aesthetic dermatology space," an H.C. Wainwright & Co. report noted.

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Phase Two Studies Start for Therapy for Chemo-Treated Breast Cancer Patients (12/06/2021)

New clinical trials for G1 Therapeutics’ Cosela are “central to our investment thesis,” H.C. Wainright & Co. noted in a new research report.

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Biopharma Launches Clinical Trial of Primary Asset in Endometrial Cancer (12/06/2021)

"Solid tumors offers a substantial opportunity for Karyopharm Therapeutics' Xpovio (selinexor) that perhaps investors have not yet realized," noted an H.C. Wainwright & Co. report.

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Biotech Firm’s T-Cell Therapy Gets Positive Results in B-Cell Non-Hodgkin’s Lymphoma Study (12/06/2021)

Adicet Bio Inc. shares traded 37% higher after the company reported positive interim data from its Phase 1 GLEAN Study of ADI-001, which the firm noted is the first-ever allogeneic, off-the-shelf, gamma delta CAR T investigational cell therapy.

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