-
A Bull Call On A Marquee Healthcare ETF
Monday, February 6, 2017 - 9:27am | 449Read More...As was widely documented, the healthcare sector languished last year thanks in large part to presidential election rhetoric in which both candidates excoriated biotechnology and pharmaceuticals for high drug prices. The Health Care SPDR (ETF) (NYSE: XLV), the largest healthcare exchange-traded fund...
-
What If Trump Keeps Badmouthing Drug Pricing?
Wednesday, December 7, 2016 - 2:38pm | 400Read More...Pharmaceutical companies breathed a sigh of relief when Donald Trump prevailed on Election Day. His opponent, Hillary Clinton, had made prescription drug pricing a centerpiece of her campaign. However, according to Bernstein analyst Tim Anderson, pharma stocks may not be off the hook when Trump...
-
Exclusive: Zynerba CEO Talks Election, Balance Sheet And Huge Osteoarthritis Market Potential
Friday, November 11, 2016 - 10:54am | 534Read More...Benzinga recently had the chance to speak with Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) CEO Armando Anido about the impact the U.S. election will have on the company, the potential of Zynerba’s two main drug candidates and the health of Zynerba’s balance sheet. The Election's...
-
Wednesday's Loser: Hospital Stocks
Wednesday, November 9, 2016 - 4:12pm | 432Read More...Hillary Clinton isn’t the only big loser on Wednesday. Hospital stocks Universal Health Services, Inc. (NYSE: UHS), HealthSouth Corp (NYSE: HLS), Tenet Healthcare Corp (NYSE: THC) and Community Health Systems (NYSE: CYH) were down between 4.3 and 23.9 percent in early Wednesday trading on...
-
More Pharma Deals In The Pipeline?
Wednesday, September 21, 2016 - 9:56am | 483Read More...While much of the focus in the pharmaceutical and biotech sector has been on whether or not Hillary Clinton will ascend to the White House, it's hard to ignore the flurry of deals taking being done. Not to mention some of the premiums being paid. For example, last Wednesday Allergan plc...
-
Importance Of Phase 1 Trials
Friday, July 22, 2016 - 2:18pm | 458Read More...Pharmaceutical companies are naturally in the business of selling a drug or therapy to patients suffering from an illness in disease. The process is often lengthy, expensive and could result in companies declaring bankruptcies — or reaping hundreds of millions of dollars in profit. For very...
-
BMO Analysts Say Merck's Fundamentals Don't Justify Its Valuations
Monday, July 18, 2016 - 12:02pm | 586Read More...BMO has downgraded Merck & Co., Inc. (NYSE: MRK) shares to Market Perform from Outperform on valuation. "The so called 'TINA' (there is no alternative) effect is not enough for us to remain bullish at these levels; the fundamentals have not improved to justify higher valuations. In fact, we are...
-
Novartis' CEO Says Company Open To Selling Its $14 Billion Stake In Roche 'If The Opportunity Were Right'
Wednesday, May 25, 2016 - 9:41am | 207Read More...Switzerland-based Novartis AG (ADR) (NYSE: NVS) owns a roughly $14 billion stake in rival Roche Holding Ltd. (ADR) (OTC: RHHBY) and is actively shopping for buyers to acquire its stake. According to Reuters, Novartis has been working with bankers to explore the sale of its stake in Roche and would...
-
JPMorgan's Take On Big Pharma's New ASCO Abstracts
Thursday, May 19, 2016 - 11:07am | 322Read More...Abstracts for the ASCO 2016 meeting were released on Wednesday evening. With the event only a couple of weeks away, JPMorgan analyst Chris Schott took a look at what investors can expect from the ASCO presentations of four big-name pharma companies. For Eli Lilly and Co (NYSE: LLY), ASCO will be...
-
A Look At All Of Pfizer's Acquisitions Over The Past 2 Years
Tuesday, May 17, 2016 - 11:22am | 501Read More...Pfizer Inc. (NYSE: PFE) is back on the M&A hunt, having agreed to acquire Anacor Pharmaceuticals Inc (NYSE: ANAC) for $5.2 billion. Ironically, it is nearly two years to the day from when AstraZeneca plc (ADR) (NYSE: AZN) rejected Pfizer's final offer to acquire the company for £...
-
The Heart Of Major Pharma Q1 Earnings Season: Eli Lilly, AbbVie, Bristol-Myers
Monday, April 25, 2016 - 1:57pm | 335Read More...The meat of large-cap pharmaceutical earnings season starts this week. Johnson & Johnson (NYSE: JNJ)’s strong Q1 report last week has Credit Suisse analyst Vamil Divan hopeful that AbbVie Inc (NYSE: ABBV), Bristol-Myers Squibb Co (NYSE: BMY) and Eli Lilly and Co (NYSE: LLY) will be able...
-
Pharma Names Under Pressure Amid Perrigo Warning
Monday, April 25, 2016 - 1:53pm | 290Read More...Shares of Perrigo Company plc (NYSE: PRGO) plunged more than 15 percent on Monday and hit a new 52-week low after the company appointed John T. Hendrickson as CEO and provided preliminary first quarter results in addition to full year 2016 guidance. Henrdickson was named as CEO following the...
-
Organovo Is A Company 3D Printing Human Tissue And Its CEO Is Excited About Creating Livers
Thursday, March 17, 2016 - 3:57pm | 2417Read More...Organovo, a biotechnology company focused on "changing the shape of medical research and practice," has made leaps and bound in the area of 3D printing and biotech through bioprinting human tissue. According to the company, "At Organovo, we design and create functional human tissues using our...
-
New Study Suggests Drug Prices Have Doubled Since 2011: What's It Mean For The Market?
Tuesday, March 15, 2016 - 11:36am | 492Read More...Brand-name prescription drug prices have skyrocketed over the past five years, coming in twice as expensive as the prices in 2011. Express Scripts Holding Company (NASDAQ: ESRX), the United States' largest pharmacy conglomerate, compiled the data and came to the initial findings regarding...
-
UPDATE: Valeant Plunges 7% After Bearish Wells Fargo Report
Friday, February 19, 2016 - 12:27pm | 252Read More...Valeant's stock has reacted to Wells Fargo's latest analysis of the company, seen below on Benzinga Pro. Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) opened for trading on Friday at $90.48 and moved lower throughout the morning trading session. After nearly 2 full hours of...














