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  • Biotech
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Recap of Tuesday’s Biotech Catalysts – End Of The Day Summary

By Ragothaman Srinivasan
July 19, 6:11 PM
The U.S. Food and Drug Administration (FDA) has granted tentative approval to Avadel Pharmaceuticals’ (NASDAQ: AVDL) lead candidate LUMRYZ (FT218) for the treatment of excessive daytime sleepiness (EDS) or cataplexy in adults with narcolepsy.

ALNA

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White House Eyes Limited Abortion Health Emergency Declaration

By Benzinga Newsdesk
July 19, 5:27 PM
-Politico

AGRX

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The BIG Short: Hedge Fund Is Up 223% In 2022 Shorting This Sector

By AJ Fabino
July 19, 5:15 PM
After a nearly two-year trade that accumulated losses in the nine figures, Coltrane Asset Management’s Mandeep Manku can now revel in the light of being right.

AAPL

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Belite Bio Seeks FDA Clearance For Late-Stage Genetic Eye Disease Study

By Ragothaman Srinivasan
July 19, 4:32 PM
Belite Bio (NASDAQ: BLTE) submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) to support Phase 3 development of its lead asset LBS-008 for treatment of Stargardt Disease (STGD1).

BLTE

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Novavax Says FDA Determined That First Lot Of COVID Vaccine Doses Met All Release Specifications And Is Acceptable For Use Under Emergency Use Authorization; Says Expects To Ship Doses To US Government-Designated Distribution Center In Coming Days

By Bill Haddad
July 19, 4:22 PM
-Reuters

NVAX

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Honest Company Shares Soar Following Launch On Walmart

By Shivani Kumaresan
July 19, 3:48 PM
Honest Company Inc (NASDAQ:HNST), known as the go-to clean, conscious lifestyle brand, launched in 2012 by Jessica Alba, has expanded…

HNST

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White House National Security Adviser John Kirby Says Russia Will Face Additional Sanctions

By Benzinga Newsdesk
July 19, 3:37 PM
-Reuters

RSX

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Sorrento Shares Gain Following FDA’s Nod for Initial-Stage Covid-19 Study

By Ragothaman Srinivasan
July 19, 3:20 PM
Sorrento Therapeutics (NASDAQ: SRNE) announced that the U.S. Food and Drug Administration (FDA) has cleared the Phase 1 study of its candidate, STI-1558, in patients with impaired renal and hepatic function.

SRNE

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RBC Capital Lowers Inovio Price Target As It Awaits This

By Vandana Singh
July 19, 3:14 PM
RBC Capital Markets has lowered the price target on Inovio Pharmaceuticals Inc (NASDAQ:INO) to $4 from $5 with a Sector Perform rating.…

INO

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Senate Majority Leader Chuck Schumer Says Democrats Moving Forward With Prescription Drugs And ACA Subsidies Reconciliation Legislation

By Benzinga Newsdesk
July 19, 3:13 PM
https://twitter.com/burgessev/status/1549466184264843264

SPY

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