Healthcare

Top biotechnology stocks to explore in 2022

January 01, 2022 06:58 AM AEDT| By Versha Jain

The biotechnology sector remained in focus in 2021 due to the pandemic. Vaccine development went into a war footing as companies developed drugs at a record pace. While more covid vaccines are still in the pipeline, Omicron’s advent has broug.....

Why is Can-Fite Biopharma (CANF) stock soaring Wednesday?

December 30, 2021 05:53 AM AEDT| By Rupam Roy

Highlights The company has filed patent applications in several countries for its lead drug for treating all solid tumors. The stock was up over 13% in intraday trading. The CANF stock grew over 6% over the last month. Can-Fite Biopharma .....

NRX Pharmaceuticals (NRXP) stock rise on BTD designation request

December 30, 2021 04:47 AM AEDT| By Versha Jain

Highlights NRX Pharmaceuticals, Inc. (NASDAQ: NRXP) files for Breakthrough Therapy Designation (BTD) for Zyesami (aviptadil) with the US Food and Drug Administration (FDA). The study for the ZYESAMI (Aviptadil) application showed two-.....

Why BiondVax Pharma (BVXV) stock jumped 31% today?

December 29, 2021 04:00 AM AEDT| By Rupam Roy

Highlights BiondVax announced the pricing of an underwritten public offering of its American Depository Shares (ADSs) on Monday. BiondVax is offering 3,813,560 shares for US$2.36 per share. The Israel-based BiondVax develops M-001 Universal Fl.....

Yearender: Top 5 healthcare stocks that grabbed limelight in 2021

December 24, 2021 11:26 AM AEDT| By Rupam Roy

Highlights UnitedHealth Group Incorporated (NYSE: UNH) will release its Q4 and fiscal 2021 results on Jan 19, 2022. The FDA authorized the emergency use of Pfizer's Paxlovid pill. Abbott Laboratories (NYSE: ABT) revenue surged over 23% YoY in .....

Why is Pasithea Therapeutics (KTTA) stock rising today?

December 24, 2021 02:03 AM AEDT| By Rupam Roy

Highlights Pasithea Therapeutics rallied over 28% in pre-market trading on Dec 23. Its wholly-owned subsidiary, Pasithea Clinics, has opened its second clinic in London. Pasithea opened its first clinic in the UK’s Knightsbridge in Oct 2.....

Why did Allakos (ALLK) stock crash today?

December 23, 2021 11:17 AM AEDT| By Team Kalkine Media

Highlights Allokos said that its lirentelimab treatment failed to meet the endpoints in clinical studies. The stocks were down 89.87% but climbed up from Tuesday’s close by 11.46% in afterhours. CEO Robert Alexander said the research tea.....

Pfizer gets FDA greenlight for first Covid-19 pill Paxlovid

December 23, 2021 10:51 AM AEDT| By Team Kalkine Media

The US Food and Drug Administration (FDA) on Wednesday allowed Pfizer Inc (NYSE: PFE) to market its first Covid-19 pill that will enable the newly infected patients to take the treatment at home. The authorization allows doctors to prescribe the P.....

Why BiondVax Pharmaceuticals (BVXV) stock rallied today?

December 23, 2021 06:54 AM AEDT| By Rupam Roy

Highlights BiondVax Pharmaceuticals Ltd. has signed a definitive agreement with Max Planck Society and University Medical Center Göttingen. BiondVax will collaborate with the two organizations to develop and commercialize Covid-19 nanosize.....

Cassava Sciences (SAVA) stock pops as social media chatter grows

December 22, 2021 04:39 AM AEDT| By Sanjeeb Baruah

Shares of biotechnology company Cassava Sciences (NASDAQ:SAVA) rose more than 20% on Tuesday morning as investor interest in the firm grew on social media. The Cassava (SAVA) stock saw the highest number of citat.....

Why Aridis Pharmaceuticals (ARDS) stock jumped more than 77%?

December 22, 2021 03:02 AM AEDT| By Versha Jain

Highlights Aridis Pharmaceuticals Inc. (NASDAQ: ARDS) announced on Tuesday that its monoclonal antibody cocktail retained effectiveness against various covid strains, including Omicron. The company had cash and cash equivalents of abo.....

Can-Fite Biopharma (CANF) stock jumped more than 70% today – Know Why

December 21, 2021 04:37 AM AEDT| By Versha Jain

Shares of Can-Fite Biopharma Ltd (AMEX: CANF) jumped more than 74% on Monday after the company announced positive results from its Phase II study for a liver cancer drug. The stock wa...

Why is Calliditas Therapeutics’ (CALT) stock rallying in pre-market?

December 17, 2021 04:46 AM AEDT| By Rupam Roy

The stocks of Calliditas Therapeutics AB (NASDAQ: CALT) were trending on Wall Street Thursday, a day after the US Food and Drug Administration (FDA) approved its delayed-release capsules, TARPEYO (budesonide). The stocks of the company were up over.....

Ocugen Inc (OCGN): Why is Covaxin developer’s stock up in pre-market?

December 16, 2021 02:49 AM AEDT| By Rupam Roy

Highlights Data showed that Ocugen's vaccine candidate, Covaxin, provides a strong immune memory against the virus. The OCGN stock was up over 5% in pre-market trading Wednesday, December 15. The OCGN stock gave a return of over 56% year-to-da.....

Genenta Science IPO: GNTA stock set to debut on NASDAQ

December 16, 2021 02:11 AM AEDT| By Versha Jain

Highlights Genenta Science S.p.A. is expected to list on NASDAQ under the ticker symbol GNTA on December 15. The company upsized its offering to 2.4 million American Depositary Shares (ADS), representing one ordinary share each. The is.....

Why is Galera Therapeutics' stock soaring? GRTX up over 150%

December 15, 2021 04:24 AM AEDT| By Versha Jain

Highlights Galera Therapeutics, Inc.’s stock jumped more than 150% in Tuesday's pre-market session. The company provided an update about its therapeutic avasopasem. The stock has declined 86.51% year-to-date. The Galera Therapeutics.....

Arena Pharmaceuticals (ARNA) jumps 95% on $6.7B Pfizer acquisition

December 14, 2021 04:36 AM AEDT| By Versha Jain

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) jumped 95.98% in pre-market, Monday, December 13, after the news of Pfizer acquiring Arena came in. The ARNA stock traded high at US$97.87 at 6:48 am ET. On December 12, 2021, Arena entered into an agreem.....