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Healthcare
Why Absci Corporation (ABSI) stock skyrocketed 60% Friday?
January 07, 2022 11:37 AM PST| 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 06, 2022 09:55 AM PST| 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 06, 2022 09:42 AM PST| 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 05, 2022 11:22 AM PST| 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 05, 2022 09:03 AM PST| 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 04, 2022 09:30 AM PST| 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 04, 2022 08:47 AM PST| 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 03, 2022 09:38 AM PST| 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
December 31, 2021 11:58 AM PST| 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.....
Why is Can-Fite Biopharma (CANF) stock soaring Wednesday?
December 29, 2021 10:53 AM PST| By Rupam RoyHighlights 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 29, 2021 09:47 AM PST| By Versha JainHighlights 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 28, 2021 09:00 AM PST| By Rupam RoyHighlights 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 23, 2021 04:26 PM PST| By Rupam RoyHighlights 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 23, 2021 07:03 AM PST| By Rupam RoyHighlights 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 22, 2021 04:17 PM PST| By Team Kalkine MediaHighlights 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 22, 2021 03:51 PM PST| By Team Kalkine MediaThe 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 22, 2021 11:54 AM PST| By Rupam RoyHighlights 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 21, 2021 09:39 AM PST| By Sanjeeb BaruahShares 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 21, 2021 08:02 AM PST| By Versha JainHighlights 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 20, 2021 09:37 AM PST| By Versha JainShares 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...
