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Cannabis Based Pain Relief Solution Receives European Patent Approval
Friday, October 20, 2023 - 5:18pm | 622IGC Pharma, Inc. (NYSE American: IGC) has been granted European Patent No. 3193862 by the European Patent Office for its innovative "Cannabinoid Composition and Method for Treating Pain." The newly granted patent introduces a pioneering method for treating pain in humans. How It Works...
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Johnson & Johnson Lost Its Court Battle But Won The Q2 Match
Monday, July 24, 2023 - 12:04pm | 768Last Thursday, Johnson & Johnson (NASDAQ: JNJ) has topped earnings estimates and uplifted its full-year guidance on the back of a strong medtech sales momentum. The healthcare conglomerate reported strong results with plenty of legal anxiety in the air owed to thousands of lawsuits claiming its...
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How Technology And Economic Uncertainty Is Impacting The Life Sciences
Thursday, June 22, 2023 - 3:47pm | 1031By Lisa Om, VP of product marketing at USDM Life Sciences The pandemic hit life science companies hard, and just as they started to stabilize, a new wave of macroeconomic challenges is crushing the industry. Threats of a looming recession make funding hard to come by, and along with high...
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5 Biotech Stocks That Could Soar Thanks To These Disruptive Healthcare Technologies
Tuesday, June 20, 2023 - 5:14pm | 811In a recent report, Bank of America identified the “Disruptive Dozen” emerging technologies that have the most potential to disrupt and revolutionize the healthcare sector over the next years. New therapy for ALS (amyotrophic lateral sclerosis) and a blood test for Alzheimer’s...
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Burning Rock Narrows Losses With Drug Research As New Driver
Thursday, June 8, 2023 - 12:55pm | 1122Key Takeaways: Burning Rock’s net loss narrowed 29% to 185 million yuan in the first quarter from the same period a year earlier, helped by lower R&D and sales expenses Revenues from R&D services for drug companies more than doubled, becoming the company’s latest growth engine...
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This 12% Dividend Yield Stock Is Set For Payout On Tuesday: What Else To Watch Out For
Tuesday, March 7, 2023 - 8:32am | 398As markets continue to witness bouts of volatility led by economic data, Federal Reserve officials' remarks and inflation expectations, some investors continue to prefer buying and holding on to dividend-paying stocks that boast a higher yield. Let's take a look at some interesting stocks that will...
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MediPharm Labs Debuts On US Pharmaceutical Market With Submission Of FDA DMF
Wednesday, February 23, 2022 - 8:34am | 369CBD-based pharmaceutical company MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) has completed a Drug Master File (DMF) process for CBD Active Pharmaceutical Ingredient (API) for the US Federal Drug Administration (FDA). Why It Matters? The DMF will enable MediPharm to supply approved...
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Pharma, Biotech Stocks Start Week With A Bang After Biogen's Alzheimer's Approval
Tuesday, June 8, 2021 - 10:09am | 2329If you’re reading this, then apparently you weren’t affected by a global internet outage that hit many news websites. The outage appeared to hurt stock futures overnight, but things recovered to flat in the hours right before the open. Flat might be the word of the day, and maybe...
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After FDA Rejects Acadia Dementia Drug, Analysts Lament Lack Of Near-term Stock Drivers
Tuesday, April 6, 2021 - 5:36pm | 694ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) shares came under pressure Monday after the Food and Drug Administration (FDA) rejected its regulatory application seeking label expansion for its dementia drug. The Acadia Analysts: Goldman Sachs analyst Salveen Richter downgraded Acadia shares...
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Morphic Holding IPO: What You Need To Know
Wednesday, June 26, 2019 - 2:31pm | 416A biotech with licensing agreements with some of the big-name pharma companies such as AbbVie Inc (NYSE: ABBV) and Johnson & Johnson (NYSE: JNJ)'s Janssen unit is testing the IPO waters this week. IPO Terms Waltham, Massachusetts-based Morphic Holding is offering 5 million shares in an IPO...
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BridgeBio Pharma IPO: What You Need To Know
Wednesday, June 26, 2019 - 7:46am | 470The week will see the listing of a late entrant into the arena, but it nonetheless has an impressive pipeline of investigational assets targeting genetic diseases. The IPO Terms BridgeBio Pharma (NASDAQ: BBIO),founded in 2015 and headquartered in Palo Alto, California, is set to offer 15 million...
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Merck KGaA Signs Versum Buyout Deal; Entegris Receives Termination Payment
Friday, April 12, 2019 - 10:38am | 525Versum Materials (NYSE: VSM) has approved a "superior" buyout proposal from MERCK KGAA/S ADR (OTC: MKKGY) at $53 per share after backing out of a previously announced merger with Entegris Inc (NASDAQ: ENTG). What Happened The business combination received unanimous...
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Morgan Stanley: Veeva Systems' Share Price Fails To Reflect Growth, Margin Potential
Tuesday, January 30, 2018 - 10:40am | 383Veeva Systems Inc (NYSE: VEEV), a cloud-computing company focused on the pharma and life sciences industry, is an underpriced asset within the broader SaaS universe, according to Morgan Stanley. The Analyst Morgan Stanley analyst Stan Zlotsky upgraded Veeva Systems from Equal-weight to...
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Analyst: Radius Health Could Advance 50% With Osteoporosis Treatment, Breast Cancer Pipeline
Monday, January 29, 2018 - 12:50pm | 439Radius Health Inc (NASDAQ: RDUS) has multiple catalysts that could drive near-term upside in the shares of the company, according to Morgan Stanley. Radius Health is an integrated biopharma company that specializes in therapies for osteoporosis, oncology and endocrine diseases. The Analyst...
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Barclays Injects Allergan With An Upgrade, Says Valuation Model Has Improved
Monday, January 29, 2018 - 11:39am | 392Allergan plc Ordinary Shares (NYSE: AGN) is down 26 percent over the last six months, but one analyst said there's only upside to its sickly state. The biotech’s trajectory inspired an upgrade from a three-year Hold. The Rating Barclays analyst Douglas Tsao upgraded Allergan to a Buy...