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Week In Review: $2.5 Billion In Deals Including LianBio's Initial $719 Million In In-Licensings
Article By:
ChinaBio® Today
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Saturday, August 15, 2020 1:13 PM EDT
LianBio, a new Princeton-Shanghai company, acquired China rights to two BridgeBio oncology assets in a $531.5 million agreement. BridgeBio will receive $26.5 million in upfront payments, plus up to $505 million in future milestones.
Novavax To Supply 60M Coronavirus Vaccine Doses To UK Under New Deal
2 Best Biotech IPOs To Watch In August
Article By:
Money Morning
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Friday, August 14, 2020 5:25 AM EDT
Amid a relatively dry IPO year, biotech IPOs have boomed.
Equillium Announces Pricing Of Public Offering Of Common Stock
Article By:
NASDAQ GlobeNewswire
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Thursday, August 13, 2020 11:07 PM EDT
Equillium, Inc, today announced the pricing of an underwritten public offering of 5,000,000 shares of common stock at a public offering price of $7.00 per share.
In this article: EQ
Markets Pause Following Relief Rally On Back Of Biden-Harris Ticket Announcement
Article By:
Adam Vettese
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Thursday, August 13, 2020 5:42 AM EDT
European markets are slightly in the red this morning as they take a breather from yesterday’s rally. The UK’s FTSE100 has also been hit by a swathe of ex-dividends from some big blue chip names such as AstraZeneca, BP and Royal Dutch Shell.
In this article: AMAT, NTES, BAMGF Also: AMD, AZN, BP, IAG, WFC, AMIGF, NGGTF, PEGRF, SVTRF, TCEHY, UUGWF, AAPL, MSFT, NVDA, QCOM, TSLA, DIA, LYFT
Cannabis Central: Another Reversal On Wednesday
Article By:
Lorimer Wilson
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Thursday, August 13, 2020 4:23 AM EDT
The pure-play Pot Stock Index of the 25 cannabis stocks that trade for more than US$1/share had another about-face on Wednesday advancing by 2.7% vs. a 3.1% decline on Tuesday. 17 constituents advanced, 7 declined and 1 remained unchanged in price.
Market Briefing For Thursday, August 13
Article By:
Gene Inger
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Thursday, August 13, 2020 2:49 AM EDT
Strength begets strength for the S&P, as even skeptics acknowledge it's highly probable we 'eek-out' an historic high. In the past I've mentioned that I have never seen such a strong market with so many it seems 'up in arms' protesting the move.
Despite Massive Stock Underperformance Canopy Growth Corps. CEO’s Compensation Stayed High
Article By:
Technical420
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Wednesday, August 12, 2020 10:33 AM EDT
Although 2019 was a challenging year for Canopy Growth Corporation that was highlighted by a more than 30% drop in share price, CEO David Klein’s total compensation for the 2020 fiscal year was $33.8 million.
In this article: CGC
3 Cannabis Stocks We Were Right On From The Beginning
Article By:
Technical420
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Wednesday, August 12, 2020 8:03 AM EDT
During the last decade, the legal cannabis industry has made incredible advancements as countries across the globe have legalized or decriminalized the plant.
UK Falls Into Recession For The First Time Since 2009
Article By:
Adam Vettese
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Wednesday, August 12, 2020 4:10 AM EDT
It was no secret that when the UK’s GDP figures came out this morning they would confirm a recession – defined as two consecutive quarters of economic decline – the question was by how much.
In this article: TCEHY, MRNA, LYFT Also: DIA, SPY, AXP, BA, HSBC, IAG, JPM, RBS, EADSY, ESYJY, RYCEY, SCBFF, TUIFY, AAPL, INTC, MSFT, NFLX, NVDA, TSLA, SPX, BITCOMP, XRP-X, WZZAF, CSCO
Cannabis Central: Acreage Q2 Financials Showed Major Improvement
Article By:
Lorimer Wilson
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Wednesday, August 12, 2020 4:02 AM EDT
Acreage Holdings Inc., a vertically integrated, multi-state operator, reported Q2 financial results yesterday that revealed improved revenue, margins and EBITDA suggesting the company has turned the corner toward an accelerated path to profitability.
In this article: ACRGF