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Cathie Wood Doubles Down On Telehealth Play With $15M Buy

By Shanthi Rexaline
July 29, 3:44 AM
Cathie Wood-led Ark Investment Management on Thursday bought the dip in shares of telehealth services provider Teladoc Health, Inc. (NYSE: TDOC).

ARKF

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

By Ragothaman Srinivasan
July 28, 6:38 PM
Cyclerion Therapeutics (NASDAQ:CYCN) announced positive topline data from its clinical study of CY6463 for the treatment of Cognitive…

ACER

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Smith & Nephew Shares Fall On Lower Margins As Cost Headwinds Hit Q2 Profit

By Vandana Singh
July 28, 3:30 PM
Smith & Nephew Plc (NYSE:SNN) reported Q2 revenue of $1.29 billion, up 1.2% on an underlying basis but down 3.1%…

SNN

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Teladoc Health’s Revised Outlook ‘Implies More Downside’ According To This Analyst

By Vandana Singh
July 28, 3:16 PM
Needham downgraded Teladoc Health Inc (NYSE:TDOC) to Hold following the company’s revised FY22 outlook, which now assumes the low end of…

TDOC

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Gilead’s Biktarvy Demonstrates High Efficacy In HIV/HBV Coinfection Patients

By Vandana Singh
July 28, 3:09 PM
Gilead Sciences Inc (NASDAQ:GILD) announced results reinforcing Biktarvy (bictegravir/emtricitabine/tenofovir alafenamide) as a highly efficacious treatment option for HIV, including individuals with…

GILD

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Why Did Fresenius Medical Care Shares Plunge To 52-Week Low

By Vandana Singh
July 28, 3:07 PM
Shares of kidney dialysis provider Fresenius Medical Care AG & Co (NYSE:FMS) touched a 52-week low after the company cut its…

FMS

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Why Bausch Health’s Market Cap Was Chopped In Half Thursday: ‘A Near Worst-Case Scenario’

By Adam Eckert
July 28, 2:23 PM
Shares of global health company Bausch Health Companies Inc (NYSE: BHC) are plunging Thursday after a Delaware federal judge issued an oral order on patents related to the company's Xifaxan drug.

BHC

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Why Shares Of DaVita Are Down Today

By Dylan Wechsler
July 28, 1:04 PM
Shares of DaVita Inc. (NYSE: DVA) are trading lower today in sympathy Fresenius Medical Care AG & Co (NYSE: FMS), which provided a bearish 2022 outlook and withdrew its 2025 targets. 

DVA

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Daily Biotech Pulse: GSK’s Kidney Disease Drug Approved For Children, Tonix Pharma To Launch Monkeypox Vaccine Study In Kenya, Positive Effect Of Cyclerion’s Schizophrenia Candidate

By Vandana Singh
July 28, 10:37 AM
Here's a roundup of top developments in the biotech space over the last 24 hours:

ABBV

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AIM ImmunoTech Reports Positive Pilot Study Data From Expanded Access Program Evaluating Ampligen For The Treatment Of Long COVID-19

By Michael Horton
July 28, 9:11 AM
AIM ImmunoTech Inc. (NYSE:AMERICAN) ("AIM" or the "Company"), an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune

AIM

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