Verastem Inc. Announces Stock Offering to Consonance Capital – Share Rise +15%
Massachusetts-based biopharmaceutical company Verastem Inc. (NASDAQ:VSTM) announced on Thursday that it would be offering approximately seven million shares of the company’s common stock to Consonance Capital (private). Shares of the company rose over 15% on ... [Read]
Galmed Pharmaceuticals Shares Surge Nearly 150% After Phase 2B Study
Shares of the Israeli biotechnology company Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) surged nearly 150% on Tuesday after the company released its results on the Phase 2B ARREST study. The study was meant to focus on the ... [Read]
Vical Inc. Reports Failed Phase 2 Trial of Herpes Vaccine
California-based biotechnology company Vical Incorporated (NASDAQ:VICL) released, on Monday, the results of its Phase 2 herpes simplex virus-2 (HSV-2) therapeutic vaccine. Unfortunately, the trial failed to meet its primary endpoint, so the company has decided ... [Read]
Axovant Sciences – Completes Company Reorganization for Pipeline Expansion
UK-based biotechnology company Axovant Sciences Ltd (NASDAQ:AXON) has completed the reorganization and strengthening of its management team in preparation for the company’s pipeline expansion. Axovant Sciences has announced that Gavin Corcoran will be joining the company as its ... [Read]
ContraVir Pharmaceuticals Announces Reverse Stock Split
New Jersey-based biotechnology company ContraVir Pharmaceuticals (NASDAQ:CTRV) announced on Thursday that it will be having a reverse split of its common stock. A reverse stock split is meant to help a company to reduce “the ... [Read]
Cara Therapeutics Enters into Agreement With Vifor Fresenius
Connecticut-based biotechnology company Cara Therapeutics (NASDAQ:CARA) has announced that it has entered into an agreement with Vifor Fresenius Medical Care Renal Pharma Ltd. on Wednesday. Vifor Fresenius, a joint company from Vifor Pharma Group (SIX:VIFN) and ... [Read]
BioDelivery Sciences International Announces Agreement with Broadfin Capital
Shares of the North Carolina-based biotechnology company BioDelivery Sciences International (NASDAQ:BDSI) jumped after the company announced that they had entered an agreement with Broadfin Capital LLC (private). The agreement is meant to help BioDelivery Sciences strengthen its ... [Read]
MariMed Stock Soar After Impressive First Quarter Results
MariMed Inc (OTCQB:MRMD) share price rose more than 16% after reporting 81% year over year revenue growth for the first quarter. Its stock has hit the all-time high of $1.97 a share amid impressive quarterly ... [Read]
Heat Biologics Inc. Reports Q1 Results – Shares Jump +10%
Shares of the North Carolina-based biopharmaceutical company Heat Biologics Inc. (NASDAQ:HTBX) jumped up over 10% on Tuesday after the company released its first-quarter financial results. Heat Biologics focusses mainly on creating drugs for the treatment ... [Read]
Arrowhead Pharmaceuitcals Releases Quarterly Results – Shares Jump Over 10%
Shares of the California-based biotechnology company Arrowhead Pharmaceuticals (NASDAQ:ARWR) rose over 10% after the company released its second-quarter results of 2018. The company saw a decrease in revenue compared to the previous year, falling from ... [Read]