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Healthcare
SOC Telemed (TLMD) stock roars 342% higher after purchase offer
February 04, 2022 04:36 AM AEDT| By Rupam RoyHighlights SOC Telemed has entered into a definitive agreement to be acquired by Patient Square Capital. Telemed shareholders will receive US$3 in cash for each Class A common stock. The transaction is expected to close in the second quarter o.....
Why has Doximity (DOCS) stock declined & what’s next?
February 04, 2022 02:24 AM AEDT| By Rupam RoyThe Doximity, Inc. (NYSE: DOCS) stock has declined sharply from its 52-week high of US$107.79 in September 2021. The company debuted in the US stock market in June last year. The San Francisco-based telehealth company offers online services like v.....
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Moderna (MRNA) gets full approval for Spikevax, stock jumps 4.5%
February 01, 2022 08:22 AM AEDT| By Versha JainHighlights Moderna, Inc. (MRNA) received full FDA approval for Spikevax. The vaccine approval is for people aged 18 years and older. The stock surged more than 4.5% in the intraday session. The Moderna, Inc. (NASDAQ: MRNA) stock s.....
Why Aridis Pharmaceuticals (ARDS) soared on Thursday?
January 28, 2022 04:22 AM AEDT| By Rupam RoyHighlights Aridis said it received funding from Bill & Melinda Gates Foundation. The funds will be used to evaluate inhaled monoclonal antibodies. The ARDS stock returned over 30% gains in the past five days. The stocks of Aridis Phar.....
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Why Sierra Oncology (SRRA) stock jumped 59% today?
January 26, 2022 06:39 AM AEDT| By Rupam RoyHighlights Sierra reported US$104.7 million in cash and cash equivalents as of December 31, 2021. Sierra Oncology, Inc. announced positive data from its clinical trial of momelotinib. Under a deal, Oxford Finance, LLC will extend a loan of US$.....
Why Aptorum Group (APM) stock jumped 33% today?
January 21, 2022 06:32 AM AEDT| By Rupam RoyHighlights Aptorum Group has received FDA's Orphan Drug Designation for its SACT-1 drug. The Aptorum stock surged over 33% following the news. The company now plans to file an Investigational New Drug Application to start clinical trials of SA.....
Why NeuroMetrix (NURO) stock jumped over 40% today?
January 19, 2022 05:09 AM AEDT| By Rupam RoyHighlights NeuroMetrix has received FDA’s breakthrough designation for its Quell technology. The NURO stock rose over 41% after the news. It gained over 32% in the past 12 months. The NeuroMetrix, Inc. (NASDAQ: NURO) stock jumped ov.....
5 best US hospital stocks for 2022
January 15, 2022 07:51 PM AEDT| By Versha JainThe Omicron variant caused around 98% of Covid-19 cases in the previous week in the US as per the U.S. Centers for Disease Control and Prevention estimates released Tuesday. The infections are rising fast, surpassing the surge rate in the earlier v.....
Why is iSpecimen Inc’s stock trending? ISPC spikes 13% in premarket
January 14, 2022 05:50 AM AEDT| By Rupam RoyHighlights iSpecimen Inc. announced the expansion of its supplier capabilities on January 13 It is adding a reference lab in New York to support its customers engaged in Covid-19 research The company's revenue rose 21% in Q3, FY21 The sto.....
Why is Immuron Limited’s shares rocketing? Pharma stock IMRN spikes 89%
January 13, 2022 05:30 AM AEDT| By Rupam RoyHighlights The IMRN stock rallied over 89% in pre-market trading Wednesday The company has been awarded funding of A$6.2 million (US$4.45 million) by the US Department of Defense Under the agreement, the firm will examine the dosing regimen fo.....
Why is Immix Biopharma’s (IMMX) stock soaring? IMMX up 30% in premarket
January 13, 2022 03:44 AM AEDT| By Versha JainHighlights Immix Biopharma, Inc. (NASDAQ: IMMX) announced the study data of its lead candidate IMX-110 January 12. The stock jumped 30.94% at 8:43 am ET in pre-market Wednesday. The company had its IPO in December 2021. Immix Biopharma, I.....
Why Absci Corporation (ABSI) stock skyrocketed 60% Friday?
January 08, 2022 06:37 AM AEDT| By Rupam RoyHighlights The ABSI stock was up over 60% in premarket trading on Friday. Absci has signed up for research collaboration with Merck & Company, Inc. Merck will use Absci’s AI-powered “integrated drug creation” platform. .....
Why is Vocera Communications (VCRA) stock climbing today?
January 07, 2022 04:55 AM AEDT| By Rupam RoyHighlights Stryker Corporation will acquire Vocera Communications for US$2.97 billion. The medical technology company will acquire all the shares of Vocera. The Vocera (VCRA) stock gained over 43% over the past 12 months. Shares of Vocera.....
Why Freeline Therapeutics (FRLN) stock surged 38% today?
January 07, 2022 04:42 AM AEDT| By Versha JainHighlights Freeline Therapeutics Holdings plc (NASDAQ: FRLN) stock jumped 38.78% in premarket on Thursday. The healthcare company received FDA clearance for its investigational new drug (IND) application for FLT201. The stock gained over 6% in.....
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Mainz Biomed (MYNZ) zooms 58% higher after promising deal
January 06, 2022 06:22 AM AEDT| By Rupam RoyHighlights The company entered into a Technology Rights Agreement with Colombo’s Socpra Sciences Sante Et Humaines S.E.C. Its revenue was US$0.41 million for the six months ended June 30, 2021. The stock price surged more than 29% over t.....
Lixte Biotechnology (LIXT) stock skyrocketed 92% today - here’s why
January 06, 2022 04:03 AM AEDT| By Versha JainHighlights Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT) stock jumped 92.53% gain at 9:57 am ET. The company’s lead clinical compound LB-100 showed increased responsiveness to various cancers in preclinical studies. The stock was dow.....
Why Plus Therapeutics (PSTV) stock skyrocketed 63% Tuesday?
January 05, 2022 04:30 AM AEDT| By Versha JainHighlights Plus Therapeutics, Inc. (NASDAQ: PSTV) stock jumped 63.14% at 9:55 am ET on Tuesday. The company entered into a master services agreement (MSA) with IsoTherapeutics Group LLC. PSTV completed a technology transfer of analytical .....
Why Hoth Therapeutics (HOTH) stock jumped today?
January 05, 2022 03:47 AM AEDT| By Rupam RoyHighlights The company reported positive results regarding the efficacy of HT-ALZ. The data was generated using an Alzheimer's disease mouse model. Hoth Therapeutics reported a net loss of US$3.29 million, or US$0.14 per share, for the quarter.....
Why Immix Biopharma, Inc. (IMMX) stock soared 110% today?
January 04, 2022 04:38 AM AEDT| By Versha JainHighlights Immix Biopharma, Inc. (IMMX) stock jumped 110.29% at 9:38 am ET. The company received a Rare Pediatric Disease (RPD) designation for IMX-110. The company launched its IPO on Dec 16, 2021. Shares of Immix Biopharma, Inc. (N.....
Top biotechnology stocks to explore in 2022
January 01, 2022 06:58 AM AEDT| By Versha JainThe 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.....
