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IPO Outlook: Solar Power Company Array Technologies, Chinese Retailer Miniso Lead Possible 9 IPO Week
Sunday, October 11, 2020 - 12:52pm | 1239This week could see up to nine companies price their IPOs. Here is a look at the companies looking to go public this week. Codiak Biosciences: Clinical stage biopharmaceutical Codiak Biosciences (NASDAQ: CDAK) plans to sell 5.5 million shares at a price point of $14 to $16. The...
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IPO Outlook For The Week: Snowflake and Amwell Lead Busy 12 IPO Lineup
Sunday, September 13, 2020 - 9:29am | 1410Benzinga took a look at high profile IPOs coming in the second half of 2020. Six of those 13 companies could price the week of September 14. Here is a look at the 12 companies expected to go public. Amwell: Alphabet Inc. (NASDAQ: GOOG) backed Amwell (NYSE: AMWL) plans to sell 35 million shares...
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Why Shares Of NASH Biotech Intercept Pharma Are Slumping
Monday, June 29, 2020 - 11:44am | 375Intercept Pharmaceuticals Inc (NASDAQ: ICPT) shares were retreating sharply Monday on the back of an FDA rejection of its lead non-alcoholic steatohepatitis drug. What Happened: New York-based Intercept said the FDA handed down a complete response letter related to its NDA for obeticholic...
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Diverging NASH Stories: CymaBay On Track To Restart, GenFit's Drug Flunks Late-Stage Study
Tuesday, May 12, 2020 - 3:01pm | 621Non-alcoholic steatohepatitis biotechs are increasingly finding it difficult to make headway, and the lack of any approved therapy despite a slew of research is a testament to the challenge. Two NASH biotechs offered contrasting updates on their drugs Monday. Independent Panel Says...
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NGM Biopharma Shares Spike Higher On Positive NASH Study Results
Monday, February 24, 2020 - 10:45am | 425NGM Biopharmaceuticals Inc (NASDAQ: NGM) is advancing strongly on above-average volume Monday following a positive clinical data readout. What Happened California-based NGM, which IPOed last March, announced positive preliminary top-line results from Cohort 4 of an adaptive Phase 2 study that...
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13 Key NASH Drug Candidates To Watch For In A Potential $30-Billion Market
Wednesday, February 5, 2020 - 4:11pm | 1290Non-alcoholic steatohepatitis, or NASH, is a metabolic disorder caused by a buildup of fat in the liver, leading to liver inflammation and damage. It belongs to a group of conditions called non-alcoholic fatty liver disease, or NAFLD. The Cause And Effect Of NASH Unlike other fatty liver diseases...
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ContraVir Moves Higher After NASH Drug Shows 100% Efficacy In Fibrosis Prevention
Monday, June 17, 2019 - 12:50pm | 321ContraVir Pharmaceuticals Inc (NASDAQ: CTRV) shares were rallying Monday on positive news related to its non-alcoholic steatohepatitis, or NASH, drug. ContraVir, which came under pressure Friday following news of an erroneous SEC filing, said Monday ahead of the market open that findings...
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ContraVir Rallies As NASH Drug Shows Efficacy In Preclinical Study
Thursday, June 6, 2019 - 10:44am | 485Shares of the nano-cap, thinly traded biotech ContraVir Pharmaceuticals Inc (NASDAQ: CTRV) were trading nearly 150-percent higher Thursday. What Happened ContraVir, which focuses on therapies for liver diseases arising from non-alcoholic steatohepatitis, or NASH, as well as chronic viral...
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Gilead Reiterates Faith In NASH Combination Approach After Another Trial Disappointment
Thursday, April 25, 2019 - 9:13am | 520Gilead Sciences, Inc. (NASDAQ: GILD), which was once considered one of the front-runners in the race to develop a drug for non-alcoholic steatohepatitis, or NASH, has been facing setback after setback. What Happened A little more than two months after it reported failed results for a late-stage...
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Conatus Shares Fall By More Than 50% After Midstage Study Shows NASH Candidate Lagged Placebo
Friday, March 22, 2019 - 9:49am | 572Shares of microcap biotech Conatus Pharmaceuticals Inc (NASDAQ: CNAT) are heading crashing following the release of results from a midstage trial of its non-alcoholic steatohepatitis candidate. What Happened Conatus, which is developing emricasan along with Novartis AG (NYSE: NVS) for treating...
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Intercept Shares Soar To Multimonth High After NASH Drug Aces Late-Stage Trial
Tuesday, February 19, 2019 - 10:36am | 649Intercept Pharmaceuticals Inc (NASDAQ: ICPT) — which is a frontrunner along with Gilead Sciences, Inc. (NASDAQ: GILD) in the non-alcoholic steatohepatitis drug development race — reported positive top-line results Tuesday for a late-stage study of its pipeline asset Ocaliva,...
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Analyst: Intercept's NASH Drug Could Launch Sans Competition After Gilead Trial Failure
Wednesday, February 13, 2019 - 4:22pm | 466With Gilead Sciences, Inc. (NASDAQ: GILD)'s NASH setback, Intercept Pharmaceuticals, Inc. (NASDAQ: ICPT)'s Ocaliva, which is being evaluated in a late-stage study for NASH with fibrosis, is taking the spotlight. A clinical readout from the trial is expected this quarter. The...
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Lipocine's NASH Candidate Shows Promise In Liver Fat Study
Thursday, January 17, 2019 - 10:00am | 421Lipocine Inc (NASDAQ: LPCN) shares were skyrocketing Thursday following the release of results from a study evaluating LPCN 1144, its pipeline asset for non-alcoholic steatohepatitis, or NASH. What Happened Lipocine announced Thursday that eight-week top-line, interim results from an ongoing...
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Raymond James Reviews Gilead Pipelines, Takes Bullish Stance On Pharma Stock
Thursday, June 28, 2018 - 1:42pm | 455The biotechnology sector remains highly competitive, and investors willing to take on a stock with a high-risk, high-growth profile may want to consider Gilead Sciences, Inc. (NASDAQ: GILD), according to Raymond James. The Analyst Raymond James' Steven Seedhouse initiated coverage of...
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Will Intercept Stock Potential Be Blindsided By FDA Letter?
Friday, September 22, 2017 - 9:11am | 355Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) lost around one quarter of their value Thursday and another 7 percent early Friday morning in reaction to a concerning U.S. Food and Drug Administration letter sent to doctors regarding its liver treatment product called Ocaliva for the...