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Jazz Pharma To Buy Chimerix For $935 Million, Strengthening Rare Cancer Pipeline
Wednesday, March 5, 2025 - 9:41am | 378On Tuesday, Jazz Pharmaceuticals plc (NASDAQ:JAZZ) agreed to acquire Chimerix Inc (NASDAQ:CMRX) for $8.55 per share in cash, representing a total consideration of approximately $935 million. Both companies have approved the transaction, and it is expected to close in the second...
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Roche Touts Food Allergy Drug As Superior Than Oral Immunotherapy
Monday, March 3, 2025 - 11:12am | 432Roche Holdings AG (OTC:RHHBY) released data Sunday on its Stage 2 and Stage 3 of the National Institutes of Health (NIH)-sponsored phase 3 OUtMATCH study for Xolair (omalizumab) for one or more food allergies. Stage 2 of the OUtMATCH study showed Xolair was more effective with fewer side effects...
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Autoimmune Disease-Focused Aurinia Pharmaceuticals Reports Quarterly Profit, Revenue Outlook Below Expectations
Thursday, February 27, 2025 - 3:11pm | 343On Thursday, Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) reported fourth-quarter earnings of 1 cent per share, compared to a loss of 19 cents a year ago and the consensus loss of 2 cents. The biopharma company reported fourth-quarter sales of $59.9 million, up 33% year over year, almost in line with...
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Walgreens Boots Alliance Stock Is Up More Than 6% On Monday: Here's What Happened
Monday, February 24, 2025 - 7:23pm | 361Walgreens Boots Alliance Inc (NASDAQ:WBA) shares traded higher Monday following reports that multiple lenders are preparing to back a potential buyout from Sycamore Partners. What To Know: Morgan Stanley, UBS and private lenders are reportedly putting together a $10 billion package to back Sycamore...
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BioCryst Pharmaceuticals Unveils Latest Trial Data, Reports Mixed Q4 Earnings
Monday, February 24, 2025 - 12:49pm | 421On Monday, BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) released results from an interim analysis of the ongoing APeX-P trial. The study centered on an oral granule formulation of once-daily Orladeyo (berotralstat) in pediatric patients. The patients have hereditary angioedema (HAE) aged 2 to 12...
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Pfizer's Talzenna/Xtandi Combo Improves Survival Outcomes In Metastatic Castration-Resistant Prostate Cancer
Friday, February 14, 2025 - 12:48pm | 471On Thursday, Pfizer Inc. (NYSE:PFE) revealed results from the Phase 3 TALAPRO-2 study of Talzenna (talazoparib) in combination with Xtandi (enzalutamide). The trial demonstrated a statistically significant and clinically meaningful improvement in overall survival (OS) compared...
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Merck Vs. Pfizer: Which Pharmaceutical Giant Will Prevail In Q4 Earnings?
Monday, February 3, 2025 - 2:49pm | 862Merck & Co Inc (NYSE:MRK) and Pfizer Inc (NYSE:PFE) are duking it out for investor attention with fourth-quarter earnings being reported on Tuesday. Both pharmaceutical heavyweights have very different technical setups, leaving investors to wonder which stock will have the upper hand. Let's...
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Pfizer Trial For Colorectal Cancer Treatment Shows Improved Survival In Late-Stage Study
Monday, February 3, 2025 - 11:34am | 480On Monday, Pfizer Inc (NYSE:PFE) revealed topline results from the progression-free survival (PFS) analysis of the Phase 3 BREAKWATER study of Braftovi (encorafenib) in combination with cetuximab (marketed as Erbitux) and mFOLFOX6 (fluorouracil, leucovorin and oxaliplatin) for...
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AbbVie Vs. Novartis: Which Has The Technical Edge Before Q4 Earnings?
Thursday, January 30, 2025 - 3:39pm | 611As AbbVie Inc. (NYSE:ABBV) and Novartis AG (NYSE:NVS) prepare to report their fourth-quarter earnings before market open on Friday, investors are eyeing the technical setups of both pharmaceutical giants. While AbbVie is stuck in a stagnating trend, Novartis appears to have a stronger bullish...
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RFK Jr. And Big Pharma: Health Secretary Hopeful Answers Pointed Questions On Drugs, Insurance, Trump Exec Orders
Wednesday, January 29, 2025 - 5:43pm | 934Robert F. Kennedy Jr., President Donald Trump's pick for health secretary, addressed a wide range of medical-related topics on Wednesday during a confirmation hearing with the Senate Finance Committee. While Kennedy’s tone in each back-and-forth varied, depending on the senator, it was...
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Neurology-Focused Tiziana Life Confirms Discovery In Multiple Sclerosis Therapy Study
Thursday, January 23, 2025 - 11:55am | 411On Wednesday, Tiziana Life Sciences, Ltd. (NASDAQ:TLSA) announced the discovery of new immune biomarkers in patients with non-active secondary progressive multiple sclerosis (na-SPMS) treated with nasal foralumab. The company says the findings contribute substantially to understanding the...
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Sanofi Genzyme Facility Draws FDA Criticism Over Alleged Quality Lapses
Wednesday, January 22, 2025 - 4:25pm | 456The U.S. Food and Drug Administration (FDA) issued a warning letter to Sanofi SA’s (NASDAQ:SNY) Genzyme Corporation regarding significant violations at its Framingham, Massachusetts, facility. After an inspection conducted between June 12 and July 9, 2024 the agency flagged major concerns...
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Valneva Vaccine Shows Sustained Immune Response In Adolescents One Year After Single Shot
Tuesday, January 21, 2025 - 11:44am | 401On Tuesday, Valneva SE (NASDAQ:VALN) reported Phase 3 data in adolescents for its single-shot chikungunya virus (CHIKV) vaccine, Ixchiq. The vaccine showed a sustained 98.3% sero-response rate one year after the single vaccination. These results support and strengthen the pivotal data previously...
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HHS Challenges Vertex Over Fertility Services Program Tied To Casgevy Gene Therapy, Says Company Is 'Grasping at Straws'
Thursday, January 16, 2025 - 3:10pm | 564In a court filing on Monday, the Department of Health and Human Services (HHS) challenged Vertex Pharmaceuticals Inc (NASDAQ:VRTX), defending its stance that the company’s proposed fertility services program would breach anti-kickback laws. The program is tied to Vertex’s gene-editing...
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Eli Lilly Scoops Up Scorpion Therapeutics' Early-Stage Cancer Program For $2.5 Billion
Monday, January 13, 2025 - 11:20am | 337On Monday, Eli Lilly And Co (NYSE:LLY) agreed to acquire Scorpion Therapeutics, Inc’s PI3Kα inhibitor program STX-478. STX-478 is a once-daily oral, mutant-selective PI3Kα inhibitor currently being evaluated in a Phase 1/2 clinical trial for breast cancer and other advanced solid tumors....