MannKind Corp’s 126% Share Increase in October: Too Good to be True?
The maker of inhaled insulin product Afrezza, MannKind Corp. (NASDAQ:$MNKD) saw its shares rise by another 40% as of afternoon trading. In total, MannKind has seen a whopping 126% share price increase since the beginning …
Gilead Sciences COO Kevin Young to Retire
On Thursday, September 28, after Gilead Sciences’ (NASDAQ:$GILD) COO Kevin Young announced his plans to retire early next year, the biotech company’s shares dropped 4.7% in extremely heavy trade. Alethia Young, Credit Suisse analyst, says …
A Breakdown of Johnson & Johnson’s Major Sector Revenues Since 2Q17
As one of the largest pharmaceutical companies in the world, Johnson & Johnson (NASDAQ:$JNJ) operates in over 200 countries worldwide.
In 2Q17, the company reported revenues of $18.8 billion, a 2% increase from …
Shares of PTC Therapeutics Dropped Today, Here’s Why
As of 11:53 a.m. EDT on Tuesday, September 26, shares of PTC Therapeutics (NASDAQ:$PTCT) dropped 17.3%.
What Happened?
After briefing documents were released to the public, investors were left feeling hopeless that an …
Versartis Shares Plunged a Whopping 82% Today
Versartis Inc. (NASDAQ:$VSAR) shares plunged a whopping 82% late Thursday. Why? It all started after the California-based biopharmaceutical company announced that its drug Somavaratan failed to meet its endpoint in a phase 3 trial.
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Intercept Pharmaceuticals Plunged Today, Here’s Why
On Thursday, September 21, as of 3:26 p.m. EDT, Intercept Pharmaceuticals (NASDAQ:$ICPT) plunged 21%. What happened? Well, the fall began after the FDA released a safety announcement warning the public that when Intercept’s liver disease …
Pfizer Files Lawsuit Against Johnson & Johnson
Drugmaker giant Pfizer Inc. (NYSE:$PFE) has officially filed a lawsuit against Johnson & Johnson (NYSE:$JNJ) on claims that its rival’s contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales …
Nabriva Therapeutics Stock Increased Today, Here’s Why
If you’re looking to get into biotech investing, you might want to think about adding Nabriva Therapeutics (NASDAQ:$NBRV) to your investment portfolio. For the second day in a row, the company is witnessing double-digit gains. …
The Recipe Behind Abeona Therapeutics’ 6 Months Dominance
As of 2:50 EDT, Abeona Therapeutics (NASDAQ:$ABEO) have surged a whopping 18%. This came after an analyst from RBC Capital granted the biotech company an outperform rating and assigned a $23 price target, more than …
Bayer Funds $100 Million for Agri-Biotech Startup
Bayer AG (NASDAQ:$BAYRY) is one of the world’s largest agricultural chemical companies. Recently, the company joined a $100 bet that the next breakthrough in crop fertilizers will be found inside a biological Petri dish.
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