Shares of Amgen (AMGN) moved sharply higher today, but the exact reason for the move is unknown. The stock was up over 3% at the time this content was written. Recently, Amgen and AstraZeneca announced a breakthrough therapy designation for Tezepelumab, a treatment they jointly developed for patients with severe asthma. A buy signal was […]
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Zealand Pharma (ZEAL) was up sharply today on news of a deal with Royalty Pharma. Zeal reported it sold royalty streams and milestones to Royalty Pharma for $205M. This news caused ZEAL shares to rise over 15% on the news, but it is questionable if this will result in further upside. Here’s an overview of […]
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We saw some big moves in the biotech/healthcare space today. One of the biggest movers was Arrowhead Pharmaceuticals (ARWR). The stock moved up over 40% during the peak of the session, reaching a high of $22.39 before gradually pulling back to around $19 per share. The stock was up due to positive results on a […]
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MannKind (MNKD) moved up sharply today due to an exclusive agreement it signed with United Therapeutics. In the deal, MNKD allows United to be responsible for global development, regulatory and commercial activities for the development and commercialization of a product being developed by MNKD to treat pulmonary arterial hypertension. Here’s a recap of the trade […]
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