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Pfizer raises 2019 forecast on surging cancer drug sales

Pfizer Inc posted third-quarter profit well above analysts' estimates on higher sales of cancer drug Ibrance and arthritis medicine Xeljanz, encouraging the largest U.S. drugmaker to lift its earnings forecast for the year......»»

Category: topSource: reutersOct 29th, 2019

Pfizer posts earnings beat, raises 2019 profit forecast

Pfizer Inc beat Wall Street estimates for quarterly profit and tweaked its earnings forecast for the year on Tuesday, as it reported rising sales of cancer drug Ibrance and pneumonia vaccine Prevnar, pushing shares in the drugmaker higher......»»

Category: topSource: reutersApr 30th, 2019

Merck profit beats on Keytruda strength, raises full-year forecast

Drugmaker Merck & Co on Friday raised its full-year profit forecast after beating Wall Street estimates for quarterly profit as sales of blockbuster cancer drug Keytruda nearly doubled......»»

Category: topSource: reutersJul 27th, 2018

Biotech firm raises $54M to hunt for cancer drugs

Gotham Therapeutics, a Manhattan-based biotech company, has received $54 million in Series A financing to advance research into a novel method of finding oncology drug candidates. The research was... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 10th, 2018

Rain Therapeutics raises $125M in 5th Bay Area life science IPO in 8 days

Rain Therapeutics Inc. was set on Friday to be the fifth Bay Area life science company in eight days to debut on Nasdaq. The Newark cancer therapeutics business raised $125 million in an initial public offering that hit the middle of its price .....»»

Category: topSource: bizjournalsApr 23rd, 2021

Prelude, Onconova plan multimillion-dollar stock sales

Two Philadelphia-area biopharmaceutical companies focused on developing cancer therapies expect to raise a total of nearly $160 million from stock offerings Monday. The majority of the funds are expected to be raised by Prelude Therapeutics (NAS.....»»

Category: topSource: bizjournalsJan 11th, 2021

Lack of preventive care now will lead to ‘a lot of undiagnosed cancer": Crain"s exclusive

Plus: Nurses union demands better worker protection for potential second wave of Covid-19 Homeless nonprofit seeks to mitigate new risks for drug users Manhattan startup raises $25M to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 10th, 2020

China suspends Bristol-Myers" cancer drug sales over findings at U.S. plant

Sales of Bristol-Myers Squibb Co's cancer drug Abraxane have been suspended in China based on findings at a third-party manufacturing plant in the United States......»»

Category: topSource: reutersMar 25th, 2020

Philadelphia biopharm company partners with Chinese firm to advance cancer therapy

Context Therapeutics, a Philadelphia biopharmaceutical company focused on hormone-driven cancers, is teaming up with a Chinese biotech firm to advance the development of Context's lead new drug candidate. That experimental therapy, called onapristo.....»»

Category: topSource: bizjournalsMar 22nd, 2020

Pfizer profit misses as breast cancer drug sales fall short of estimates

Pfizer Inc posted a quarterly profit on Tuesday that came in below Wall Street estimates, as sales of breast cancer drug Ibrance fell short of expectations......»»

Category: topSource: reutersJan 28th, 2020

Johnson & Johnson misses revenue estimates as blockbuster drugs disappoint

Johnson & Johnson narrowly missed quarterly revenue estimates on Wednesday as sales of its blockbuster psoriasis medicine Stelara and cancer drug Imbruvica fell short of expectations......»»

Category: topSource: foxnewsJan 22nd, 2020

J&J misses revenue estimates as blockbuster drugs disappoint

Johnson & Johnson narrowly missed quarterly revenue estimates on Wednesday as sales of its blockbuster psoriasis medicine Stelara and cancer drug Imbruvica fell short of expectations......»»

Category: topSource: reutersJan 22nd, 2020

Seattle Genetics" Cancer Study Boosts Prospects, Takeover Appeal

Needham analyst raises target price after promising results of drug trialRelated Stocks: SGEN, XSWX:ROG, PBYI, ABBV,.....»»

Category: blogSource: gurufocusDec 12th, 2019

Fate Therapeutics" stock rises on early-stage cancer drug data

Shares of Fate Therapeutics gained 37% after it shared promising data from one clinical and one preclinical study for its experimental cancer immunotherapy treatments. The company is testing two therapies, FT516 and FT500, in.....»»

Category: topSource: marketwatchDec 9th, 2019

Canada Goose shares sink 13% as company"s reluctance to lift guidance raises concern

Canada Goose Holdings Inc. stock is down 13% in Wednesday trading despite reporting earnings and sales that beat expectations. The outwear company didn't raise its guidance, Wells Fargo analysts note, whic.....»»

Category: topSource: marketwatchNov 13th, 2019

Prescription drugs boost drives J&J forecasts higher, shares rise

Johnson & Johnson boosted its profit forecast for the year on Tuesday after posting better-than-expected quarterly earnings on stronger prescription sales of its psoriasis treatment Stelara and cancer drug Imbruvica......»»

Category: topSource: reutersOct 15th, 2019

Troubled Chandler opioid maker sells off drug assets as part of bankruptcy

Insys Therapeutics Inc, has entered into sales agreements to unload some of its drug assets for a combined $29.2 million as the Chandler-based pharmaceutical firm works through bankruptcy filing proceedings. Insys will sell its naloxone and epinephrin.....»»

Category: topSource: bizjournalsAug 23rd, 2019

Troubled Chandler pharma company sells off drug assets as part of bankruptcy

Insys Therapeutics Inc, has entered into sales agreements to unload some of its drug assets for a combined $29.2 million as the Chandler-based pharmaceutical firm works through bankruptcy filing proceedings. Insys will sell its naloxone and epinephrin.....»»

Category: topSource: bizjournalsAug 23rd, 2019

Nektar Therapeutics Tumbles To 2-Year Low On Q2 Revenue Miss, Manufacturing Issues With Cancer Drug

Nektar Therapeutics (NASDAQ: NKTR) shares were plummeting to a two-year low Friday following the release .....»»

Category: earningsSource: benzingaAug 9th, 2019

Nektar Therapeutics Tumbles To 2-Year Low On Q2 Revenue Miss, Manufacturing Issues With Cancer Drug

Nektar Therapeutics (NASDAQ: NKTR) shares were plummeting to a two-year low Friday following the release of its quarterly results the prior afternoon, wiping away roughly $1.9 billion of its marke read more.....»»

Category: blogSource: benzingaAug 9th, 2019