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Adagio Therapeutics extends 3-day gain to 319% on hopes that its antiviral can treat the Omicron variant

"ADG20 was uniquely designed to combine breadth, potency and duration of protection against SARS-Co…

Matthew Fox   


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A surfer without a degree is worth $16 billion after his biotech company's stock soared 1,100% in a year

Bob Duggan, 80, has gone from baking cookies to building robots, investing in biotech companies, an…

Theron Mohamed   


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Glenmark to divest 75% stake in Glenmark Life Sciences to Nirma; stock slips

​The Glenmark Pharmaceuticals stock was almost down 5% in Friday morning trade after the pharma maj…

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Viking Therapeutics' weight loss drug showed faster results in clinical trials than Ozempic or Wegovy. Here's how it works.

Viking Therapeutics' experimental drug helped patients lose weight faster than other popular GLP-1 …

Gabby Landsverk   


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This overlooked obesity-drug stock has 80% upside, JPMorgan says

JPMorgan said it expects Structure Therapeutics' oral GLP-1 weight loss drug candidate to generate …

Matthew Fox   


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Obalon Therapeutics skyrockets 568% after announcing merger with weight-loss company ReShape Lifesciences

Trading volume for Obalon Therapeutics exploded on news it will merge with weight-loss company ReSh…

Emily Graffeo   


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Stocks held by ARK Invest's flagship innovation fund have seen huge losses. Here are the fund's 10 biggest losers.

The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's …

Matthew Fox   


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Mankind Pharma stock runs up in trade after listing at 20% premium

After listing at a 20% premium, condom manufacturer Mankind Pharma’s stock ran up 9.5% on Tuesday. …

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Prevail Therapeutics surges 86% on news of a $1 billion buyout by Eli Lilly

Eli Lilly will pay $22.50 per share for Prevail, as well as an additional $4 per share that hinges …

Ben Winck   


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Trillium Therapeutics soars 200% after Pfizer inks deal to buy cancer-drug company for $2.3 billion

Pfizer had originally invested $25 million in Trillium in September of last year, as part of its br…

Matthew Fox   


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Arcturus Therapeutics plummets 53% after analyst downgrades following COVID-19 vaccine trial updates

The Singapore Health Sciences Authority approved the Arcturus vaccine candidate for Phase 2 clinica…

Emily Graffeo   


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Pandion Therapeutics soars 132% after Merck agrees to buy the biotech for $1.85 billion

Pandion is a clinical-stage biotechnology company that is developing therapeutics for patients livi…

Matthew Fox   


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Intellia Therapeutics soars 63% after its gene-editing CRISPR therapy shows success in first human trials

Intellia partnered with Regeneron in 2016 to advance the CRISPR technology for in vivo therapeutic …

Matthew Fox   


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A Harvard medical professor is now a billionaire after his early stake in Moderna soared 17,000%

Timothy Springer invested $5 million in the biotech company early on, and his stake has since swell…

Ben Winck   


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4 mins read

Using video games as medical treatments seemed promising, but a stunning failure raises questions about the future of digital therapeutics

After Pear Therapeutics' bankruptcy, experts warn that more failures are coming for the digital-the…

Rebecca Torrence   


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Granules India gets USFDA nod for generic drug used for short-term treatment of heartburn

Granules India Ltd on Thursday said it has received approval from the US health regulator for its g…

PTI   


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Pfizer and BioNTech surge after the FDA officially approves its COVID-19 vaccine

The vaccine will be marketed under the brand name Comirnaty, and the FDA hopes the approval will nu…

Matthew Fox   


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Moderna spikes 11% to record highs after it is selected to be added to S&P 500

Alexion Therapeutics, which is set to be acquired by AstraZeneca, will be replaced by Moderna in th…

Matthew Fox   


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The 5 biggest insider stock buys of last week

Here are the five companies that saw the biggest combined stock purchases from insiders during the …

Isabelle Lee   


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Aimmune Therapeutics soars 172% after Nestle agrees to acquire the peanut allergy treatment company for $2.6 billion

Nestle expects the acquisition to be accretive to its organic growth in 2021, and accretive to cash…

Matthew Fox