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Week In Review: Arrivent BioPharma Raises $175 Million In IPO For In-Licensings From China
Article By: ChinaBio® Today
Saturday, January 27, 2024 1:40 PM EDT
ArriVent BioPharma priced its upsized Nasdaq IPO at $18 dollars per share, raising $175 million. The company’s stated goal is to find promising novel assets from China and other countries, which it aims to bring to the US market.
In this article: BNTX, SGMT, AVBP Also: ASCLF
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Chart Of The Day: Summit Therapeutics Begins To Soar
Article By: Jim Van Meerten
Thursday, January 25, 2024 8:24 PM EDT
Summit Therapeutics Inc., a biopharmaceutical company, researches and develops primarily oncology therapies in the United States and the United Kingdom.
In this article: SMMT
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ABBV: This Top Biotech Just Went On A Buying Spree
Article By: Tony Daltorio
Thursday, January 25, 2024 7:00 AM EDT
AbbVie stock is a buy following its recent merger & acquisition activity (Immunogen and Cerevel).
In this article: ABBV Also: IMGN, AMGN, CERE, KRTX
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Momentum Shifts Back To Tech Stocks As Healthcare Lags In 2024
Article By: Rod Raynovich
Monday, January 22, 2024 6:15 PM EDT
Small Cap traders are taking a break in 2024 as XBI is down 2.51% YTD.
In this article: QQQ, IHI, XBI Also: LLY, MRK, UNH, REGN, GILD, VRTX, IHF, SPY, XLF, XLK, ABBV
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MicroMarvel Neurogene Challenges Big Pharma
Article By: Jim Van Meerten
Monday, January 22, 2024 6:01 PM EDT
Neurogene Inc. develops life-changing genetic medicines for patients and their families affected by neurological diseases.
In this article: NGNE
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Week In Review: Lee’s Pharma Signs $138 Million Agreement For China Rights To Heart Failure Therapy
Article By: ChinaBio® Today
Saturday, January 20, 2024 2:40 PM EDT
Lee’s Pharma acquired China rights to a heart failure therapy from Windtree Therapeutics. Meanwhile, AstraZeneca signed an investment cooperation agreement with the Taizhou National Medical High-tech Development Zone to build a new production line.
In this article: AZN, WINT, CRTHF, ADAG Also: MRK
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MicroMarvel: Mereo BioPharma - Analysts Favorite
Article By: Jim Van Meerten
Tuesday, January 16, 2024 8:59 AM EDT
Mereo BioPharma develops therapeutics for oncology and rare diseases, with strong buy recommendations and price targets between $4 and $5.
In this article: MREO
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The Canadian Cannabis Report- Monday, Jan. 15
Article By: James Coleman
Monday, January 15, 2024 11:50 PM EDT
The past, present and future of the Canadian cannabis sector based on the MCCCI, which is a proprietary index of 14 stocks.
In this article: MJ, CNBS, THCX, TLRY, OGI
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Biotech Playbook: Small Caps Show Momentum Peaking During
Article By: Rod Raynovich
Monday, January 15, 2024 5:24 PM EDT
The momentum of selected stocks was strong up until early January was encouraging but we need less volatility in period ahead to conform a new bull market.
In this article: CYTK, ILMN, HOLX, PACB, IJR, XBI, TWST, TXG
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5 Largest Psychedelic Drug Stocks Advanced Slightly Last Week
Article By: Lorimer Wilson
Saturday, January 13, 2024 11:30 PM EDT
The munKNEE Psychedelic Drug Stocks Index went up 2.3% last week and is now up 1.8% MTD.
In this article: ATAI, MNMD, CMPS, GHRS, IXHL
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Week In Review: China Biopharmas Book $9 Billion In Deals During JP Morgan Conference Week
Article By: ChinaBio® Today
Saturday, January 13, 2024 1:20 PM EDT
Shanghai Argo Biopharma entered 2 agreements with Novartis, out-licensing four next-gen RNAi therapeutics for $185 million upfront and a total value of $4.2 billion. Additionally, Ambrx Biopharma will be acquired by Johnson & Johnson for $2 billion.
In this article: GSK, JNJ, NVS, BAYRY, BNTX, PRAX, AMAM, HLVX Also: TAK
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Chart Of The Day: IDEAYA Biosciences - Oncology Biomedicine
Article By: Jim Van Meerten
Thursday, January 11, 2024 11:00 AM EDT
IDEAYA Biosciences, Inc., a synthetic lethality-focused precision medicine oncology company, focuses on the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics.
In this article: IDYA
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Immunome - Oncology Is Hot
Article By: Jim Van Meerten
Wednesday, January 10, 2024 5:44 PM EDT
Immunome, an oncology biomedical company, has gained 27.48% since a buy signal on December 22.
In this article: IMNM
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Chart Of The Day: Elanco Animal Health- Big Money In Animal Pharma
Article By: Jim Van Meerten
Wednesday, January 10, 2024 8:49 AM EDT
Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals
In this article: ELAN
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MicroMarvet - Fulcrum Therapeutics - Confusing Projections And Recommendation
Article By: Jim Van Meerten
Tuesday, January 9, 2024 9:08 AM EDT
Revenue is estimated to be down 63.40% this year and down another 19.80% next year. Earnings are projected to increase 32.80% this year but be down 9.80% next year.
In this article: FULC
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Chart Of The Day: Innoviva - Individual Investor Favorite
Article By: Jim Van Meerten
Monday, January 8, 2024 8:38 PM EDT
100% technical buy signals 14 new highs and up 12.87% in the last month 36.40+ Weighted Alpha
In this article: INVA
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