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Here's a roundup of top developments in the biotech space over the last 24 hours.Scaling The Peaks (Biotech Stocks Hitting 52-week Highs July 16) * AC Immune SA (NASDAQ: ACIU) ( announced clinical trial update for its Alzheimer's vaccine candidate) * argenx SE - ADR (NASDAQ: ARGX) * Bio-Rad Laboratories, Inc. Class A Common Stock (NYSE: BIO) * Castle Biosciences Inc (NASDAQ: CSTL) * Dynavax Technologies Corporation (NASDAQ: DVAX)(announced a collaboration with Mt. Sinai to develop a universal influenza vaccine candidate with CpG1018 adjuvant) * Heat Biologics Inc (NASDAQ: HTBX) * Novavax, Inc. (NASDAQ: NVAX) * Qiagen NV (NYSE: QGEN)( Thermo Fisher Scientific Inc. (NYSE: TMO) announced a sweetened offer to buy the company) * Quest Diagnostics Inc (NYSE: DGX) * Otonomy Inc (NASDAQ: OTIC) * Principia Biopharma Inc (NASDAQ: PRNB)(reacted to buyout rumors) * Relay Therapeutics Inc (NASDAQ: RLAY) (jumped 75.25% on its debut) * Sanofi SA (NASDAQ: SNY) (Bloomberg...
The European Union is negotiating advance purchase deals of potential COVID-19 vaccines with drugmakers Moderna, Sanofi and Johnson & Johnson and biotech firms BioNtech and CureVac, two EU sources told Reuters. The talks follow a deal reached in June by four EU states with AstraZeneca for the upfront purchase of 400 million doses of its potential COVID-19 vaccine, in principle available to all 27 EU nations....
The Goldman Sachs Group, Inc. (NYSE:GS) shareholders will have a reason to smile today, with the analysts making......
As I write this on July 15, Southwest (NYSE:LUV) is having an excellent day on the markets with LUV stock up more than 8% on the day and just a little more than 60 minutes of trading until the 4 p.m. bell. Source: Carlos E. Santa Maria / Shutterstock.com The $2.81 move by Southwest puts it near its one-month high, a sign that its stock might be coming back to life. However, before you jump in, you might want to consider a couple of points that don't work in its favor. Donald Trump might like the novel coronavirus to magically disappear, but as anyone who's studied science knows, the data doesn't lie. The pandemic could be here in the U.S. well into 2021. InvestorPlace - Stock Market News, Stock Advice & Trading TipsDr. Robert Redfield, head of the U.S. Centers for Disease Control and Prevention, spoke at a July 14 webinar...
VANCOUVER, BC, July 17, 2020 /CNW/ - Loop Insights Inc. (TSX.V: MTRX) (the "Company" or "Loop")—provider of transformative artificial intelligence ("AI") Internet of Things ("IoT") solutions—announced that it has accelerated conversations for the implementation of its Covid-19 contact tracing solution with government officials, and live event and stadium operators, in North America, Australia, Indonesia, and the U.K., since its launch in June 2020. Loop's key to success stems from an ability to seamlessly integrate and enhance businesses' existing solutions....
Under a 2005 bankruptcy law, companies are banned, with few exceptions, from paying executives retention bonuses while in bankruptcy. Six of the 14 companies that approved bonuses within a month of their filings cited business challenges executives faced during the pandemic in justifying the compensation. Eight companies, including J.C. Penney Co Inc and Hertz Global Holdings Inc, approved bonuses as few as five days before seeking bankruptcy protection....
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is......
