Novartis Pelacarsen Trial Failure Triggers 10% Amgen Sell-Off
Novartis' failed cardiovascular trial for pelacarsen has roiled the biotech sector, causing a 10% drop in Amgen shares while Eli Lilly maintains…
Novartis' failed cardiovascular trial for pelacarsen has roiled the biotech sector, causing a 10% drop in Amgen shares while Eli Lilly maintains…
Certara's Q2 results highlight a company in transition, balancing strong software momentum against a services slowdown and restructuring costs, while maintaining a…
Veradermics and Absci lead a surge in hair-loss drug stocks, though clinical risks and the lack of insurance coverage for cosmetic treatments…
Biogen pivots toward immunology and nephrology, leveraging 10 Phase III programs and cost-saving initiatives to drive long-term growth and offset legacy portfolio…
BioMarin and Ascendis settle a global patent dispute over the drug Yuviwel, with BioMarin securing a 20% US royalty stream and Ascendis…
Renalytix shares gained 7% after UBS increased its voting stake to 6.62% and CEO James McCullough purchased additional shares, bolstering confidence in…
CRISPR Therapeutics and Viking Therapeutics offer strong long-term potential as clinical milestones and revenue recognition cycles align for 2027 growth.
Champions Oncology posted a 9% revenue increase to $15.2 million in Q1 fiscal 2027, driven by improved service margins and a surge…
Royalty Pharma pivots to Spinraza royalties to recoup its $500 million investment after the Phase 3 failure of Novartis's cardiovascular drug, pelacarsen.
Investors should avoid Teladoc and Recursion Pharmaceuticals as both companies grapple with declining revenue, stiff competition, and unproven business models in a…
Goldman Sachs analyst Salveen Richter initiates coverage on Latigo Biotherapeutics and Braveheart Bio, citing significant clinical potential and large addressable markets for…
Amgen's 6% premarket decline drags the Dow Jones lower, while Novartis trial failures trigger a broader sell-off in related biotech stocks including…