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Keytruda, Gardasil Boost Merck’s Q2 Revenues, Tightens Annual Guidance

By Vandana Singh
July 28, 7:47 AM
Merck & Co Inc’s (NYSE: MRK) Q2 sales reached $14.60 billion, +28% Y/Y, beating the consensus of $13.87 billion. Excluding the…

MRK

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Labcorp To Spin Off Its Clinical Trial Business, Posts Mixed Q2 Earnings

By Vandana Singh
July 28, 7:44 AM
Laboratory Corp of America Holdings (NYSE:LH) plans to spin off its unit focused on the clinical development business. Wall Street Journal was the…

LH

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Allergan To End Around 3,000 Opioid Lawsuits With Over $2B In Settlement: Report

By Vandana Singh
July 28, 7:42 AM
AbbVie Inc’s (NYSE:ABBV) Allergan unit has agreed to pay more than $2 billion to resolve over 3,000 lawsuits filed…

ABBV

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Recap of Wednesday’s Biotech Catalysts – End of The Day Summary

By Ragothaman Srinivasan
July 27, 7:00 PM
IDEAYA Biosciences (NASDAQ:IDYA) has entered into a clinical trial collaboration and supply agreement with Amgen Inc. to evaluate…

ABBV

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Pfizer/BioNTech Start Phase 2 Trial For COVID-19 Vaccine Against Omicron Subvariant

By Vandana Singh
July 27, 1:48 PM
Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) initiated a randomized, active-controlled, observer-blind Phase 2 study to evaluate the safety, tolerability, and immune response…

BNTX

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Medicenna’s Lead Cancer Program Shows Preliminary Anti-Cancer Activity In Solid Tumor Study

By Vandana Singh
July 27, 1:42 PM
Medicenna Therapeutics Corp (NASDAQ:MDNA) announced new clinical data from the Phase 1/2 ABILITY study of MDNA11. The data provide preliminary evidence…

MDNA

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Cidara Pursues FDA Approval For Bloodstream Infections Candidate

By Ragothaman Srinivasan
July 27, 10:35 AM
Cidara Therapeutics, Inc. (NASDAQ: CDTX) has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its lead asset Rrezafungin for the treatment of candidemia and invasive candidiasis.

CDTX

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Silk Road Medical’s Q2 Margins Hit By Manufacturing Expansion Costs

By Vandana Singh
July 27, 9:31 AM
Silk Road Medical Inc (NASDAQ:SILK) posted Q2 revenue of $33.2 million, an increase of 25% Y/Y, driven primarily by increased…

SILK

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4 minute read
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Recap Of Tuesday’s Biotech Catalysts – End of The Day Summary

By Ragothaman Srinivasan
July 26, 6:24 PM
European Commission (EC) has approved AbbVie’s (NYSE:ABBV) lead asset RINVOQ (upadacitinib 45 mg [induction dose] and 15 mg…

ABBV

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Woman-Health Focused Stock Agile Therapeutics Is ‘Better Positioned,’ Analyst Says While Upgrading Stock

By Vandana Singh
July 26, 3:47 PM
Maxim Group upgraded Agile Therapeutics Inc (NASDAQ:AGRX) to Buy from Hold with a price target of $1, saying it should be…

AGRX

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