The Daily Biotech Pulse: Curtains Down On ASCO, Rewalk Flies, Eli Lilly's Migraine Drug Approved For Cluster Headache

Here's a roundup of top developments in the biotech space over the last 24 hours.

Scaling The Peaks

(Biotech stocks hitting 52-week highs on June 4)

Down In The Dumps

(Biotech stocks hitting 52-week lows on June 4)

Stock In Focus

Eli Lilly's Migraine Drug Notches Another FDA Approval

Rewalk's Robotic Stroke Therapy System Gets FDA Nod

Rewalk Robotics Ltd (NASDAQ:RWLK), which makes robotic medical devices for individuals with lower limb disabilities, said the FDA has approved its ReStore soft exo-suit system for sale to rehabilitation centers across the U.S.

The stock jumped 166.57 percent to $8.85 in pre-market trading.

On The Radar

Clinical Trial Readouts

Roche and AbbVie Inc (NYSE:ABBV) will present Phase 3 data for Venclexta plus Gazyva in chronic lympocytic leukemia at the ASCO 2019 annual meeting.

AnaptysBio Inc (NASDAQ:ANAB) is due to present Phase 2a data for ANB020 in severe adult eosinophilic asthma at the European Society for Pediatric Gastroenterology, Hepatology and Nutrition 2019 annual meeting.

Related Links:

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