Biotech stocks posted losses for the third straight week, as the sector reacted to broader market weakness and announcements out of the 2022 JPMorgan Healthcare conference.

Swiss biotech Molecular Partners AG (NASDAQ:MOLN) was among the best-performing stocks in the past week following the release of positive Phase 2 data for partnered COVID-19 antiviral treatment.

Ahead of the fourth-quarter reporting season, preannouncements continued to dominate biotech news.

The week also witnessed the debut of Hillstream Biopharma, Inc. (NASDAQ:HILS) following its initial public offering, which raised $15 million in gross proceeds for the oncology-focused company.

Here are the key catalysts that could move stocks in the unfolding week:

Conferences

Winter Clinical Dermatology Conference: Jan. 14-19, in Koloa, Hawaii

American Society of Clinical Oncology, or ASCO, Gastrointestinal Cancers Symposium: Jan. 20 – 22 (hybrid format, in San Francisco, California & virtual)

Société Francophone du Nerf Périphérique, or SFNP, Annual Meeting: Jan. 21-22, in Paris, France

Clinical Data Readouts/Presentations

Dermatology Conference Presentations

ASLAN Pharmaceuticals Limited (NASDAQ:ASLN): results from the dose escalation portion of the completed Phase 1b Proof-of-Concept study of ASLAN004 in atopic dermatitis

ASCO-GI Conference Presentations

Cardiff Oncology, Inc. (NASDAQ:CRDF): updated data from its lead clinical program in KRAS-mutated metastatic colorectal cancer; Ahead of the presentation, the company is scheduled to host a conference call and webcast Tuesday, at 5 pm, to discuss the data.

Panbela Therapeutics, Inc. (NASDAQ:PBLA): efficacy of SBP-101, administered in combination with gemcitabine and nab-paclitaxel, as a first-line treatment for patients with metastatic pancreatic ductal adenocarcinoma; The full abstract will be made available on Tuesday, at 5 pm.

AstraZeneca PLC (NASDAQ:AZN): results from the HIMALAYA Phase 3 trial of tremelimumab added to Imfinzi in 1st-line unresectable liver cancer and results from the TOPAZ-1 Phase 3 trial for Imfinzi plus chemotherapy in advanced biliary tract cancer (both due Friday)

Tyme Technologies, Inc. (NASDAQ:TYME): results from the Phase 2/3 study of SM-88 in patients with metastatic pancreatic cancer

ImmunityBio, Inc. (NASDAQ:IBRX): Phase 2 data for t-haNK and Anktiva in pancreatic cancer

SFNP Meeting Presentations

Related Link: What To Expect When Johnson & Johnson Unveils Q4 Performance This Month

Earnings

Intuitive Surgical, Inc. (NASDAQ:ISRG) (Thursday, after the close)

IPOs

IPO Pricing

Washington-based Modular Medical, Inc. (NASDAQ:MODD) is planning a $2.402-million-share IPO. The stock is presently traded on the over-the-counter market and quoted on the OTCQB market under the symbol "MODD." On Jan. 10, the last reported sale price of the common stock was $12.49 per share.

Modular Medical is a development stage medical device company focused on the design, development, and commercialization of an insulin pump using modernized technology to increase pump adoption in the diabetes marketplace. The company has applied to list its common stock on the Nasdaq Capital Market under the symbol "MODD."

Florida-based Jupiter Neurosciences, Inc. (NASDAD: JUNS) is offering 3.33 million units, each unit consisting of one share of its common stock, and one warrant to purchase one share of its common stock at an exercise price per share of $6. The company said it intends to apply to list its common stock and warrants on the Nasdaq under the symbols "JUNS" and "JUNSW" respectively.

The company has developed a unique resveratrol platform product called Jotrol, primarily targeting treatment of neuro-inflammation.

IPO Quiet Period Expiry

NEXGEL, Inc. (NASDAQ:NXGL)

Related Link: Attention Biotech Investors: Mark Your Calendar For January PDUFA Dates