The Latest Biotechnology / Pharmaceuticals Articles from Streetwise Reports

Chen in Q2 2024: It's Silver, Again, as Precious Metal Breaks Out

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After being bullish on silver for at least the last year, asset manager Chen Lin feels a little vindicated by the precious metal's recent two-year high.

Biotech's Lawsuit With Eli Lilly Might Catalyze Stock

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Nektar Therapeutics has commenced a Phase 2b clinical trial evaluating its lead product candidate rezpegaldesleukin in patients with severe to very severe alopecia areata. In other news, Nektar has a lawsuit pending against Eli Lilly & Co. Read on to see what two experts have to say about this biotech stock.

Biotech Stocks Break Out

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Ron Struthers of Struthers Stock Report shares that the S&P Biotech SPDR is over 60% this year and trading around $100 a share. He also details how well he has down, buying under valued cash-rich biotechs in 2023, and shares one stock he believes it worth looking into.

Biotech Co.'s Target Price Significantly Higher Than Current

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Biofrontera Inc. is currently trading at US$1.26, but has a target price of US$26, according to a Roth MKM research note.

Is This Pharma Set To Break Out After COPD Drug Approval?

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Clinical-stage biopharmaceutical company Verona Pharma Plc is looking toward a pivotal year as its new chronic obstructive pulmonary disease (COPD) drug ensifentrine nears possible approval by the FDA. At least two research companies have named it a top pick for 2024.

This Biotech Is a Potential Disruptor, Expert Says

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Chris Temple of The National Investor shares why he believes BetterLife Pharma Inc. is an Immediate Buy.

NY Biotech Has Potentially Game Changing Anxiety Therapy

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Mind Medicine (MindMed) Inc. recently announced positive results from its Phase 2b trial of MM120 in generalized anxiety disorder, according to a Roth MKM research note.

Alt-Pharma VC adds 7% Stake in Testing Strip Firm

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Alt pharma is hot these days, and few companies are coming in hotter than Safe Supply Streaming Co. Ltd., which just secured a 7% stake in a leading medical test company to expand its functional portfolio.

Cash Rich Biotech Could Win a Lawsuit With Lilly, Expert Says

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Ron Struthers explains how the cash value of this biotech is about $1.68/share and the stock is selling at around -58% discount to cash value. He also discusses a recent lawsuit with Eli Lilly.

Drug Reformer Subsidiary Inspected for Dealer License

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In a "transformative moment" for the company, a Safe Supply Streaming Co. Ltd. subsidiary has undergone an official inspection by Health Canada to acquire a dealer license to produce, distribute, and export controlled substances.

Leadership Cuts Won't Slow This Biotech

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While three executive officers have been cut from Kronos Bio Inc., it is still a Buy, according to an H.C. Wainwright & Co. report.

Pharma Co. Primed for Future Business

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Analysts at Research Capital believe that Knight Therapeutics Inc. is primed to conduct future business development.

Healthcare Co. Exceeds Expectations in Performance

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Sensus Healthcare Inc. released fourth-quarter financials that surpassed expectations, according to an H.C. Wainwright & Co. research note.

Money Manager: The Year of Small Caps?

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The president and chief executive officer of Toronto-based AlphaNorth Asset Management says his positive outlook on 2024 has not changed. In fact, it could be a great year for small caps.

Big Pharma's Looming Patents May Benefit One Biotech

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Pharma stocks took big hits in recent years as many of its largest companies saw a looming "patent cliff" that could dry out profits from their big cash-cow drugs. This may be good for smaller pharma companies like one stock, which was one of Chen Lin's top picks for 2024.

Biotech Co.'s Sales Could Grow To US$310 Million in 2028

Research Report
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Biotech Valneva SE announced that it had dosed the first participant in a Phase 2 pediatric trial evaluating its chikungunya vaccine candidate, according to an H.C. Wainwright & Co. report.

2024: Chen Leads With Biotech After Picking 2023's Top Stock

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Asset manager Chen Lin was very happy with his picks from 2023, including one that ended up soaring 1,900%. See what the asset manager has lined up for the new year.

Market Correction and One Cash Rich Biotech

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In late December, Ron Struthers pointed out that the S&P 500 made a double top and showed numerous over-bought conditions, so a correction is expected. He also shared one biotech that has been whacked down way below its cash value.

Boston Biotech Could Have Blockbuster Sales

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Tango Therapeutics may have "blockbuster potential," noted an H.C. Wainwright & Co. report.

Pharma Co. Gets First US Patent for Repurposed Drug

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Clinical-stage pharmaceuticals firm Algernon Pharmaceuticals Inc. has been issued a U.S. patent for the treatment of three related diseases with its investigational drug repirinast.

California-Based Pharma Co.'s Progress Offers Upside

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While H.C. Wainwright & Co. lowered their price target, they still see upside for this pharmaceutical company.

Co.'s Breast Cancer Therapy Shows Encouraging Activity

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BriaCell Therapeutics Corp.'s lead targeted cell therapy, when combined with the PD-1 inhibitor retifanlimab, achieved an exceptional 71% intracranial objective response rate treating brain metastases in advanced breast cancer patients, according to an H.C. Wainwright report.

Biotech Secures Additional Funding, Extending Cash Runway

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Recently, Vera Therapeutics Inc. announced it had further strengthened its balance sheet by drawing down US$25 million in debt, bringing total cash reserves to US$159.9 million, noted H.C. Wainwright & Co.

Biotech Bolsters ADC Pipeline Through Atreca Asset Buy

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Biotech Immunome Inc. recently announced a purchase agreement with Altreca, noted Wedbush.

US Biotech's Anti-Fungal Wins European Approvals

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Recently, Cidara Therapeutics Inc. secured European Commission (EC) approval for its lead anti-fungal candidate Rezafungin to treat invasive candidiasis infections in adults, noted H.C. Wainwright & Co.

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