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Streetwise Biotechnology / Pharmaceuticals Articles



Pharma Co. Plans IND Filing for Dry Eye Disease Drug in Q4/22
  (8/30/22)
Shares of OKYO Pharma Ltd. traded 23% higher after the company reported it intends to submit an IND to the U.S. FDA for its OK-101 for treating dry eye disease in Q4/22. Together with its manufacturing partner, AmbioPharm Inc., the firm is now preparing to initiate a phase 2 clinical study in Q1/23. More >


Delay in New Drug Filing Now Could Yield Benefits Later
Source: Hartaj Singh  (8/29/22)
The developer of genetic medicines is taking six more months to conduct longer preclinical safety studies involving its lead therapeutic, noted an Oppenheimer report. More >


ACC Recommends Approved Drug for Lowering LDL
Source: Joseph Pantginis  (8/29/22)
This same medicine is currently being evaluated in a global clinical trial from which topline results are expected in Q1/23, noted an H.C. Wainwright & Co. report. More >


Pharma Co. To Provide HHS With Smallpox Drug
Source: Streetwise Reports  (8/29/22)
Chimerix Inc. shares traded 8% higher after the company reported it has entered into a 10-year, $680 million contract with a U.S. Government health agency to deliver up to 1.7 million treatment courses of its TEMBEXA for use as a medical countermeasure for smallpox. More >


Biotech Co. Signs Option Agreement With Drug Co. to Find Ideal Ketamine Formula
Source: Streetwise Reports  (8/26/22)
A small biotech has taken further steps to deepen the intellectual property moat for its potentially revolutionary treatment for alcohol addiction. Find out which company it is and why one analyst has given it a CA$8 target price. More >


First Data Due by Year End 2022 From Study of New HAE Drug
Source: Hartaj Singh  (8/24/22)
Management's ongoing execution is raising the biopharma's profile among investors, noted an Oppenheimer report. More >


New Schizophrenia Drug Has Chance of Getting FDA Approved
Source: Dr. Thomas Shrader   (8/24/22)
The U.S. Food and Drug Administration's follow-up to the new drug application for this potential treatment suggests a possible green light based on unmet medical need, noted a BTIG report. More >


Hedge Fund Doubles Position in Biotech Co.
Source: Streetwise Reports  (8/23/22)
A Canadian hedge fund doubled its stake in a tiny biotech that demonstrated promising results in a study that used a former Sanofi drug called Ifenprodil to treat idiopathic pulmonary fibrosis and chronic cough. Find out the name of the company and why one analyst has given it a 12-month CA$25 target price — a 560% increase from the unit price in its recent placement. More >


Expert Sees Even More 'Good News' From Pharma Co.
Source: Clive Maund  (8/23/22)
Expert Clive Maund reviews the latest news with Algernon Pharmaceuticals Inc., including the recent successful closing of its financing. More >


Biotech Co. Has Multiple Shots on Goal
Source: Justin Kim  (8/22/22)
This developer of immunotherapies has a robust pipeline, several active clinical programs and, thus, numerous catalysts, noted an Oppenheimer report. More >


Price Target on Cancer Drug Co. Boosted
Source: Joseph Pantginis  (8/22/22)
The price target was increased by 66% to reflect the full potential opportunity of the biopharma's drug candidate for hepatocellular carcinoma, a key driver going forward, noted an H.C. Wainwright & Co. report. More >


Drug Developer Initiates Ph. 3 STGD1 Trial
Source: Streetwise Reports  (8/22/22)
Shares of Belite Bio Inc. traded 19% higher after the company reported it has initiated a pivotal Phase 3 clinical study in the U.S. for its LBS-008 for use in treating Stargardt disease. More >


Biopharma Co. Gains FDA Approval for Oral MDD Drug
Source: Streetwise Reports  (8/19/22)
Shares of Axsome Therapeutics Inc. traded 39% higher after the company reported that the U.S. FDA granted approval for its AUVELITYâ„¢ making it the first oral N-methyl D-aspartate (NMDA) receptor antagonist authorized for treating major depressive disorder in adults. More >


Healthcare Co. Brings Treatment to Canadian Alcohol Addiction Market
Source: Streetwise Reports  (8/18/22)
One healthcare company in the U.K. is bringing its proprietary Ketamine-assisted treatment for Alcohol Use Disorder to Canada. It's the second deal the company has made with a North American clinic operator this week. Find out why this won't be the last one. More >


Biotech Co. To Receive 66% Funding From UK Gov.
Source: Clive Maund  (8/17/22)
Expert Clive Maund reviews the latest update with Awakn Life Sciences Corp., including its recent rise in stock volume and the announcement that the company is to receive 66% funding support from the UK government for the development of its ketamine-assisted therapy treatment for alcohol use disorders. More >


Life Sciences Co. Gets Big Order for Livestock Feed Additive
Source: Joseph Gomes   (8/16/22)
This sale indicates the firm is continuing to forge a pathway into one of its large target markets, noted a Noble Capital Markets report. More >


Co. Provides Ground-Floor Opportunity in Precision Oncology
Source: Joseph Pantginis  (8/15/22)
Nuvectis Pharma Inc recently announced quarterly financial results and is continuing to advance its precision oncology programs. H.C. Wainwright & Co. LLC advised in an earnings update that the firm offers significant upside potential as it is rapidly advancing its drug candidates through clinical development and is looking for ways to expand to markets outside of the U.S. H.C. Wainwright stated that it is reiterating its Buy rating and $21 price target for Nuvectis Pharma. More >


Biotech Co. Nearing Milestones for HBV Drugs
Source: Ed Arce  (8/15/22)
Arbutus Biopharma Corp. presented clinical data to an international liver disease conference showing that its AB-729 continues to deliver strong reductions in HBsAg. The company is now conducting three separate combination therapy studies of its AB-729 and expects to achieve important milestones when the initial data readouts are released in H2/22. H.C. Wainwright & Co. affirmed its Buy rating for Arbutus Biopharma and adjusted its price target to $7.50. More >


Healthcare Co. Enters US Alcohol Addiction Treatment Market
Source: Streetwise Reports  (8/15/22)
One analyst says this healthcare co. has the opportunity to generate attractive CAPEX-light, high margin SaaS-like recurring revenues, which investors are currently getting for free, after the biotech firm entered the US market for alcohol addiction treatment through off-label licensing deals with a network of treatment clinics. More >


Expert Expects Life Science Co. To Do Exceptionally Well
Source: Penny Queen  (8/15/22)
Avivagen is an early-stage life sciences company with a patented product for immune support that causes dramatic and profitable improvements in livestock. They have been increasing their sales and market penetration at a dramatic rate, and I believe them to be at an inflection point. Research coverage is expecting a 7x return.
More >


Firm Sees Boost in Sales of Health Chewable for Dogs
Source: Joseph Gomes   (8/15/22)
Recent orders from Avivagen Inc. are helping the developer of this product build a recurring revenue stream, noted a Noble Capital Markets report. More >


Feedstock Additive Co. Gets Massive Order for Brazil Market
Source: Streetwise Reports  (8/11/22)
The widespread use of antibiotics in animal feeds, as well as over-prescription by physicians for therapeutic treatment of human infections, is leading to a growing resistance to antibiotics that is killing close to 1 million people each year. One company believes it has developed at least part of the solution through a beta carotene food additive that boosts immunity and contributes to better overall health. More >


Testing Confirms Drug Candidate Differs From Peers
Source: Dr. Douglas Loe  (8/10/22)
Biotech ProMIS Neurosciences Inc.'s monoclonal antibody in development for Alzheimer's disease boasts a "unique" binding profile that could be "important to its clinical success," noted a Leede Jones Gable report. More >


Demand for Co.’s Antibiotic Free Animal Feed Is Raising
Source: Clive Maund  (8/10/22)
With consumers moving away from artificial meat products and other preservatives, Avivagen Inc.'s antibiotic free animal feed seems to be just what they're looking for. With orders coming in and demand raising, expert Clive Maund shares his view on the potential of this life science company. More >


Pharma Co. Achieves Record Sales of LEMS Drug in Q2
  (8/10/22)
Shares of Catalyst Pharmaceuticals Inc. traded 24% higher to a new 52-week high after the company reported that in Q2/22 net product revenues from sales of its FIRDAPSE® increased 57.7% YoY to $53.0 million. FIRDAPSE® has been approved by both the U.S. FDA and Health Canada as a treatment for adult patients with Lambert-Eaton myasthenic syndrome, a rare autoimmune disease in which a person's immune system attacks its body's own tissues at the neuromuscular junction. More >


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