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Archive for the ‘Biotechnology’ Category

Ovid Therapeutics Announces Addition to the Nasdaq Biotechnology Index – GlobeNewswire

Tuesday, December 22nd, 2020

NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc.(NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological diseases, today announced that it has been added to the Nasdaq Biotechnology Index (Nasdaq: NBI). The addition will become effective prior to market open on Monday, December 21, 2020.

The NASDAQ Biotechnology Index is designed to track the performance of a set of securities listed on the NASDAQ Stock Market(NASDAQ) that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark (ICB). The NASDAQ Biotechnology Index is re-ranked annually and all securities in the index are listed on the NASDAQ Global Market or the NASDAQ Global Select Market, and meet minimum market value and share volume requirements among other criteria. The NASDAQ Biotechnology Index is the basis for the iShares NASDAQ Biotechnology IndexSMFund. In addition, options based on the iShares NASDAQ Biotechnology Index Fund trade on various exchanges. For more information about the NASDAQ Biotechnology Index visit https://indexes.nasdaqomx.com/Index/Overview/NBI.

About Ovid Therapeutics

Ovid Therapeutics Inc.is aNew York-based biopharmaceutical company using its BoldMedicineapproach to develop medicines that transform the lives of patients with rare neurological disorders. The Company is developing OV935 (soticlestat) in collaboration with Takeda Pharmaceutical Company Limited, which is expected to initiate its pivotal clinical trials in 2021 for the potential treatment of rare developmental and epileptic encephalopathies (DEEs). OVID is evaluating the results of the NEPTUNE trial of OV101 (gaboxadol) for the treatment of Angelman syndrome and Fragile X syndrome. For more information on Ovid, please visitwww.ovidrx.com.

Contacts

Investors and Media:Ovid Therapeutics Inc.Investor Relations & Public Relationsirpr@ovidrx.com

OR

Investors:Argot PartnersMaeve Conneighton/Dawn Schottlandt212-600-1902ovid@argotpartners.com

Media:Dan Budwick1ABdan@1abmedia.com

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Ovid Therapeutics Announces Addition to the Nasdaq Biotechnology Index - GlobeNewswire

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Spero Therapeutics Added to the NASDAQ Biotechnology Index – Yahoo Finance

Tuesday, December 22nd, 2020

TipRanks

The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. Were still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.Its a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties faced by restaurants are getting more press, but for the cruise industry, corona has been a perfect storm.Prior to the pandemic, the cruise industry which had been doing $150 billion worth of business annually was expected to carry 32 million passengers in 2020. Thats all gone now. During the summer, the industry reeled when over 3,000 COVID cases were linked to 123 separate cruise ships, and resulted in 34 deaths. After such a difficult year, its useful to step back and take a snapshot of the industrys condition. JPMorgan analyst Brandt Montour has done just that, in a comprehensive review of the cruise industry generally and three cruise line giants in particular."We believe cruise shares can continue to grind higher in the near term, driven overwhelmingly by the broader vaccine backdrop/progress. Looking out further, operators will face plenty of headwinds when restarting/ramping operations in 2Q3Q21, but significant sequential improvement of revenues/cash flows over that period will likely dominate the narrative, and we believe investors will continue to look through short-term setbacks to a 2022 characterized by fully ramped capacity, near-full occupancies, and so far manageable pricing pressure," Montour opined.Against this backdrop, Montour has picked out two stocks that are worth the risk, and one that investors should avoid for now. Using TipRanks Stock Comparison tool, we lined up the three alongside each other to get the lowdown on what the near-term holds for these cruise line players.Royal Caribbean (RCL)The second-largest cruise line, Royal Caribbean, remains a top pick for Montour and his firm. The company has put its resources into facing and meeting the pandemics challenges, shoring up liquidity and both streamlining and modernizing the fleet.Maintaining liquidity has been the most pressing issue. While the company has resumed some cruising, and has even taken delivery of a new ship, the Silver Moon, most operations remain suspended. For Q3, the company reported adjusted earnings of -$5.62, below consensus of -$5.17. Management estimates the cash burn to be between $250 million and $290 million monthly. To combat that, RCL reported having $3.7 billion in liquidity at the end of September. That included $3 billion in cash on hand along with $700 million available through a credit facility. Total liquidity at the end of Q3 was down more than 9% from the end of Q2. Since the third quarter ended, RCL has added over $1 billion to its cash position, through an issue of $500 million senior notes and a sale of stock, putting an additional 8.33 million shares on the market at $60 each.In his note on Royal Caribbean, Montour writes, [We] are most constructive on OW-rated RCL, which we believe has the most compelling set of demand drivers... its extensive investments in premium priced new hardware, as well as consumer data, all set RCL up well to outgrow the industry in revenue metrics, margins, and ROIC over the longer term.Montour backs his Overweight (i.e. Buy) rating with a $91 price target. This figure represents a 30% upside potential for 2021. (To watch Montours track record, click here)Is the rest of the Street in agreement? As it turns out, the analyst consensus is more of a mixed bag. 4 Buy ratings and 6 Holds give RCL a Moderate Buy status. Meanwhile, the stock is selling for $69.58 per share, slightly above the $68.22 average price target. (See RCL stock analysis on TipRanks)Norwegian Cruise Line (NCLH)With a market cap of $7.45 billion and a fleet of 28 ships, Norwegian Cruise Line found its relatively smaller size as an advantage in this pandemic time. With a smaller and newer fleet, overhead costs, especially ship maintenance, were lower. These advantages dont mean that the company has avoided the storm. Earlier this month, Norwegian announced a prolongation of its suspension of voyages policy, covering all scheduled voyages from January 1, 2021 through February 28, 2021, plus selected voyages in March 2021. These cancellations come as Norwegians revenues are down in the third quarter, the top line was just $6.5 million, compared to $1.9 billion in the year-ago quarter. The company also reported a cash burn of $150 million per month.To combat the cash burn and minimal revenues, Norwegian, in November and December, took steps to improve liquidity. The company closed on $850 million in senior notes, at 5.875% and due in 2026, during November, and earlier this month closed an offering of common stock. The stock offering totaled 40 million shares at $20.80 per share. Together, the two offerings raised over $1.6 billion in new capital.On a more positive note, Norwegian is preparing for an eventual resumption of full services. The company announced, on Dec 7, a partnership with AtmosAir Solutions for the installation of air purification systems on all 28 vessels of its current fleet, using filtration technology known to defeat the coronavirus.JPMs Montour points out these advantages in his review of Norwegian, and sums up the bottom line: This coupled with a relatively newer, higher-end, brand/ship footprint would generally lead us to believe it was in a good position to outperform on pricing growth, though its demographics skewing to older age customers probably will remain a drag through 2021. Ultimately, NCLH is a high-quality asset within the broader cruise industry, with a higher beta to a cruise recovery, and it should see outperformance as the industry returns and investors look further out the risk spectrum.Montour gives the stock a $30 price target and an Overweight (i.e. Buy) rating. His target implies an upside of 27% on the one-year time frame.Norwegian is another cruise line with a Moderate Buy from the analyst consensus. This rating is based on 4 Buys, 4 Holds, and 1 Sell set in recent months. Like RCL above, the stock price here, $23.55, is currently higher than the average price target, $23.22. (See NCLH stock analysis on TipRanks)Carnival Corporation (CCL)Last up, Carnival, is the worlds largest cruise line, with a market cap of $23.25 billion, more than 100 ships across its brands, and over 700 destination ports. In normal times, this giant footprint gave the company an advantage; now, however, it has become an expensive liability. This is clear from the companys fiscal Q3 cash burn, which approached $770 million.Like the other big cruise companies, Carnival has extended its voyage cancellations, or, in the companys terms, the pause in operations. The Cunard line, one of Carnivals brands, has cancelled voyages on the Queen Mary 2 and the Queen Elizabeth through early June of next year. Carnival has also cancelled operations in February from the ports of Miami, Galveston, and Port Canaveral, and pushed back the inaugural voyage of the new ship Mardi Gras to the end of April 2021. These measures were taken in compliance with coronavirus restrictions.Carnivals shares and revenues are suffering deep losses this year. The stock is down 60% year-to-date, despite some recent price rallies since the end of October. Revenues fell to just $31 million in the fiscal third quarter, reported in September. Carnival reported a loss of nearly $3 billion in that quarter. The company did end the third quarter with over $8 billion in available cash, an impressive resource to face the difficult situation.This combination of strength and weakness led Montour to put a Neutral (i.e. Hold) rating on CCL shares. However, his $25 price target suggests a possible upside of 23%.In comments on Carnival, Montour wrote, [We] believe that some of the same relative net yield drags it saw in 2018-2019 due to its sheer size will likely become top of mind on the other side of this crisis However, given CCLs relative share discount, less pricing growth ahead of the crisis, and geographical diversification, we see it as the company with the least downside over the next few months and are not surprised by its recent outperformance. We believe this will reverse in the 2H21. Overall, Carnival has a Hold rating from the analyst consensus. This rating is based on 10 reviews, breaking down to 1 Buy, 8 Holds, and 1 Sell. The stock is selling for $20.28 and its $18.86 average price target implies a downside potential of ~7%. (See CCL stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks Best Stocks to Buy, a newly launched tool that unites all of TipRanks equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

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Spero Therapeutics Added to the NASDAQ Biotechnology Index - Yahoo Finance

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Global White Biotechnology Market 2020 Growth Factors, Technological Innovation and Emerging Trends 2025 – The Courier

Tuesday, December 22nd, 2020

MarketandResearch.biz presented a new report entitled Global White Biotechnology Market 2020 by Company, Regions, Type and Application, Forecast to 2025 that severs comprehensive and iterative research methodology. The report focuses on providing a market overview, which interprets value chain structure, industrial environment, regional analysis, applications, and forecast from 2020 to 2025. The report offers the most accurate estimations and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for calculation and authenticates of the market size and for estimating quantitative aspects of the global White Biotechnology market. The research summarizes important details related to market share, market size, applications, statistics, and sales. In addition, this study emphasizes detailed competition analysis on market prospects, especially growth strategies that market experts claim.

Market Insights:

The report shows the latest market insights, current situation analysis with upcoming trends, and breakdown of the products and services. It then provides a detailed overview of the factors influencing the global business scope. The global White Biotechnology market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and geography, delivering valuable insights. The report identifies various key manufacturers in the market. The study covers emerging players data, including: competitive landscape, sales, revenue, and global market share of top manufacturers. The global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019 have been estimated in the report.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketandresearch.biz/sample-request/142453

Companies included in the Market report: DSM, DuPont, Evonik, Bayer, BASF, DSM, Henkel, Dow Chemicals, LANXESS

On the basis of product, the market primarily split into: Biofuels, Biomaterials, Biochemicals, Industrial Enzymes

On the basis of the end users/applications, the report focuses on: , Bioenergy, Food & Feed Additives, Pharmaceutical Ingredients, Personal Care & Household Products

Geographic Coverage:

The report on the global White Biotechnology market provides detailed country-level analysis across various regions around the globe. The report contains detailed market size and forecast for the following countries and regions: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina, Colombia, Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The report includes details on supply chain management consumption and production patterns, as well as identifies notable traders and distributors affecting the growth prognosis of the global White Biotechnology market. This report draws attention towards prominent manufacturing activities, compiled with product and service developments for the forecast span, 2020-2025. It offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.

ACCESS FULL REPORT: https://www.marketandresearch.biz/report/142453/global-white-biotechnology-market-2020-by-company-regions-type-and-application-forecast-to-2025

Why This Report Is A Wise Investment?

Customization of the Report:

This report can be customized to meet the clients requirements. Please connect with our sales team (sales@marketandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketandresearch.bizWeb: http://www.marketandresearch.biz

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Global White Biotechnology Market 2020 Growth Factors, Technological Innovation and Emerging Trends 2025 - The Courier

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Is Aslan Pharmaceuticals Ltd (ASLN) Stock Near the Top of the Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

Aslan Pharmaceuticals Ltd (ASLN) is around the top of the Biotechnology industry according to InvestorsObserver. ASLN received an overall rating of 65, which means that it scores higher than 65 percent of all stocks. Aslan Pharmaceuticals Ltd also achieved a score of 81 in the Biotechnology industry, putting it above 81 percent of Biotechnology stocks. Biotechnology is ranked 33 out of the 148 industries.

Finding the best stocks can be tricky. It isnt easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObservers tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

Aslan Pharmaceuticals Ltd (ASLN) stock is trading at $1.92 as of 9:51 AM on Wednesday, Dec 9, a gain of $0.05, or 2.96% from the previous closing price of $1.86. The stock has traded between $1.91 and $1.96 so far today. Volume today is low. So far 47,423 shares have traded compared to average volume of 283,017 shares.

Click Here to get the full Stock Score Report on Aslan Pharmaceuticals Ltd (ASLN) Stock.

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Is Aslan Pharmaceuticals Ltd (ASLN) Stock Near the Top of the Biotechnology Industry? - InvestorsObserver

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Is Kura Oncology Inc (KURA) the Top Pick in the Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

The 63 rating InvestorsObserver gives to Kura Oncology Inc (KURA) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 79 percent of stocks in the Biotechnology industry, KURAs 63 overall rating means the stock scores better than 63 percent of all stocks.

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObservers overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. Theres no need to try to remember what is good for a bunch of complicated ratios, just pay attention to which numbers are the highest.

Kura Oncology Inc (KURA) stock is trading at $38.60 as of 1:25 PM on Tuesday, Dec 8, a rise of $2.67, or 7.43% from the previous closing price of $35.93. The stock has traded between $36.00 and $39.75 so far today. Volume today is 619,072 compared to average volume of 770,553.

Click Here to get the full Stock Score Report on Kura Oncology Inc (KURA) Stock.

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Is Kura Oncology Inc (KURA) the Top Pick in the Biotechnology Industry? - InvestorsObserver

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Cell Biology, Molecular Biology, Biotechnology And The Man Who Is Connecting It All: Felix Paul Joe – Outlook India

Thursday, December 10th, 2020

Thats the philosophy of Felix Paul Joe and preferably the biggest explanation one can have for his unflinching crusade in the field of biotech research. Felix founded GeneX India Bioscience Pvt. Ltd. in 2004 but, the journey before it prepared him for everything that came next.

After earning a Masters in Life Science and Post Graduate Diploma in Business Administration from the University of Madras and Madras Productivity Council, Felix was all set to create his own path in biotechnology. But, revolution is a way paved stone by stone. Before realizing his passion and dream to become an entrepreneur, Felix completed a nine-year run in different biotech companies. As a National Sales & Product Manager, he embarked on a journey that shaped his understanding of what the industry is and what it needs.

He attended a plethora of application training on varied subjects like molecular biology, cellular microscopy, interphase chromosome profiling and Proteomics. His learnings from these teachings formed a crucial part of his ventures growth model in the later years. He also completed exclusive product training and lab sessions at many international labs and forums during his days as a manager. Working with many Centres for Excellence labs across India, Felix perceived the need for a bridge between the Indian and global standards.

In 2004, when Felix established GeneX India Bioscience, the company only started as a distributor of cell culture products. Molecular biology and biotechnology were then added to widen the spectrum. Today, the company focusses in the fields of bio-science research institutes, molecular diagnostic labs, biopharmaceutical R&D, biotech contract research and development centres.

Over the years, the organization created a line of products and solutions, namely Cell Biology, Real-Time PCR, Epigenetics, Next Generation Sequencing and Protein Biology. The private company is a full-fledged service provider for cell biology, flowcytometry and proteomics. As envisioned by Felix, GeneX also acts as a middleman nurturing quality products, scientific and technical support between biotech solution providers in Europe, USA, UK and Indian researchers who work across the relevant fields.

GeneX India has an experienced team of 33 scientifically-qualified professionals who possess the capability to market, conduct workshops, seminars. They cumulatively provide solutions to scientists and research scholars, helping them complete their research. The team works in constant collaboration mode to ensure a zero-defect product and service range. The stringent quality standard and client-centric approach have made the enterprise synonymous to the word biotech all across the world.

Following this unprecedented rise, GeneX India has been recognized for its efforts via major accolades like the Biotech Excellence and the APJ Abdul Kalam Excellence Award. The CEO magazine also noted GeneX as one of the 25 fastest growing biotechnology companies in India recently. Moreover, Felix himself has been the recipient of multiple national and international awards such as the Mahatma Gandhi Samman at the House of Commons, UK.

Even during the COVID pandemic, Felix and his company have been dedicated to aiding ICMR approved testing labs and kit manufacturers. Vaccine research labs and producers are being helped in complete sync too.

As the future entails, Felix is now set on scaling the firm to global benchmarks and giving Indian research the world stage it deserves. A plan to support the bioprocess and vaccine development has been put in place as well. He also aims to produce affordable molecular diagnostic kits using the latest technology like the CRISPR Cas9 Genome editing tool. A Contract Research Lab that acts as a high-end core facility with its primary focus on Genomics and DNA sequencing for molecular diagnostics is also in the works. The end goal is to provide services to biotech researchers and in turn, become a parallel economic solution provider for the high throughput, time-bound turnkey biotech projects and diagnostic labs.

A reputable part of the significant science congresses across the country, Felix has always had the vision to create a sustainable future for the world. He has a strong conviction that the firms business model should make a profound and positive impact on the lives of all the researchers it touches. His every step has been towards building his own pathway that treads towards this purpose.

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Cell Biology, Molecular Biology, Biotechnology And The Man Who Is Connecting It All: Felix Paul Joe - Outlook India

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Puma Biotechnology Presents Final Overall Survival Analysis from the Phase III ExteNET Trial at the 2020 SABCS – Business Wire

Thursday, December 10th, 2020

LOS ANGELES--(BUSINESS WIRE)--Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, announced that efficacy results of neratinib in HER2-positive early stage breast cancer (eBC) from the Phase III ExteNET trial were presented at the 2020 Virtual San Antonio Breast Cancer Symposium (SABCS) that is currently taking place. The presentation entitled, Continued efficacy of neratinib in patients with HER2-positive early-stage breast cancer: Final overall survival analysis from the randomized phase 3 ExteNET trial, is being presented at a Spotlight Poster Discussion Session by Frankie Ann Holmes, M.D., FACP, Texas Oncology Houston US Oncology Research, an investigator of the trial. A copy of this poster presentation is available on the Puma website.

ExteNET was a multicenter, randomized, double-blind, Phase III trial of 2,840 HER2-positive eBC patients who received neratinib after neoadjuvant and/or adjuvant therapy with chemotherapy and trastuzumab. Patients were stratified by hormone receptor status and randomly assigned to one year of treatment with either oral neratinib 240 mg/day or placebo. The primary endpoint of the trial was invasive disease-free survival (iDFS). Secondary endpoints include overall survival and cumulative incidence of CNS metastases. A descriptive analysis that evaluated CNS disease free survival, which was defined as time from randomization to any CNS recurrence or death from any cause, was performed.

Within the European Union, neratinib is approved in patients with hormone receptor positive (HR+) breast cancer who initiated treatment within one year of completing an adjuvant trastuzumab containing regimen.

The endpoints were analyzed for three groups of clinical interest: (i) the intent to treat (ITT) population; (ii) patients with HR+ breast cancer who initiated treatment within one year of completing an adjuvant trastuzumab containing regimen; and (iii) patients with HR+ breast cancer who initiated treatment within one year of completing an adjuvant trastuzumab containing regimen and who did not achieve a pathological complete response (no pCR) after neoadjuvant treatment and therefore were at a high risk of disease recurrence. Results from the Phase III ExteNET trial were published in the October 5, 2020 issue of Clinical Breast Cancer. The manuscript is accessible online at https://www.clinical-breast-cancer.com/article/S1526-8209(20)30258-5/fulltext.

In the ITT population, 127 of 1420 patients (8.9%) in the neratinib group and 137 of 1420 patients (9.6%) in the placebo group died, as of the analysis cut-off date (July 2019). The estimated 8-year overall survival (OS) rates were 90.1% in the neratinib group and 90.2% in the placebo group (stratified HR 0.95; 95% confidence interval [CI] 0.75-1.21; p=0.69). The cumulative incidence of CNS metastases at 5 years was 1.3% (95% CI 0.8-2.1) in the neratinib arm and 1.8% (95% CI 1.2-2.7%) in the placebo arm, while the estimated CNS disease free survival at 5 years was 97.5% in the neratinib group and 96.4% in the placebo group (stratified HR 0.73; 95% CI 0.45-1.17).

In the HR+ /< 1 yr patient population, 53 of 670 patients (7.9%) in the neratinib group and 68 of 664 patients (10.2%) in the placebo group died. The estimated 8-year OS rates were 91.5% in the neratinib group and 89.4% in the placebo group, corresponding to a 2.1% absolute benefit (HR 0.79; 95% CI 0.551.13). The cumulative incidence of CNS metastases at 5 years was 0.7% (95% CI 0.2-1.7) in the neratinib arm and 2.1% (95% CI 1.1-3.5) in the placebo arm, while the estimated CNS disease free survival at 5 years was 98.4% in the neratinib group and 95.7% in the placebo group (stratified HR 0.41; 95% CI 0.18-0.85).

In the HR+/ <1 yr, no pCR subgroup of patients (n=295), 8-year OS rates were 91.3% in the neratinib group and 82.2% in the placebo group, corresponding to a 9.1% absolute benefit (HR 0.47; 95% CI 0.230.92). In the HR+/ <1 yr, with a pCR (n=38), 8-year OS rates were 93.3% in the neratinib group and 73.7% in the placebo group, corresponding to a 19.6% absolute benefit (HR 0.40; 95% CI 0.061.88). The cumulative incidence of CNS metastases at 5 years was 0.8% (95% CI 0.1-4.0) in the neratinib arm and 3.6% (95% CI 1.3-7.8%) in the placebo arm, while the estimated CNS disease free survival at 5 years was 98.4% in the neratinib group and 92.0% in the placebo group (stratified HR 0.24; 95% CI 0.04-0.92).

Dr. Frankie Ann Holmes said, These descriptive analyses in HR+ patients who received neratinib within one year of completing trastuzumab and did not achieve a pCR post neoadjuvant therapy suggest that neratinib may be associated with improved OS in this high-risk group (HR 0.47, absolute benefit 9.1%). Importantly, neratinib is the first HER2-directed agent to show a trend towards improved CNS outcomes in early stage HER2-positive breast cancer, with consistently fewer CNS events observed in the neratinib arm compared with placebo in all groups evaluated.

Alan H. Auerbach, Chief Executive Officer and President of Puma, added, Descriptive analyses suggest that neratinib may be associated with longer overall survival in subgroups of clinical interest and in the high-risk patient subgroup with residual disease after neoadjuvant therapy who are at a high risk of disease recurrence. Although there have been many new treatment options for patients with early stage HER2-positive breast cancer, the risk of disease recurrence and more specifically CNS recurrence remains significant and more must be done. These newly published data demonstrate that neratinib provides a clinically meaningful reduction in the risk of recurrence and CNS recurrence and provides a very important option for these high risk patients.

About HER2-Positive Breast Cancer

Up to 20% of patients with breast cancer tumors over-express the HER2 protein (HER2-positive disease) and in the ExteNET study, 57% of patients were found to have tumors that were hormone-receptor positive. HER2-positive breast cancer is often more aggressive than other types of breast cancer, increasing the risk of disease progression and death. Although research has shown that trastuzumab can reduce the risk of early stage HER2-positive breast cancer recurring, up to 25% of patients treated with trastuzumab experience recurrence within 10 years, the majority of which are metastatic recurrences.

About Puma Biotechnology

Puma Biotechnology, Inc. is a biopharmaceutical company with a focus on the development and commercialization of innovative products to enhance cancer care. Puma in-licenses the global development and commercialization rights to PB272 (neratinib, oral), PB272 (neratinib, intravenous) and PB357. Neratinib, oral was approved by the U.S. Food and Drug Administration in 2017 for the extended adjuvant treatment of adult patients with early stage HER2-overexpressed/amplified breast cancer, following adjuvant trastuzumab-based therapy, and is marketed in the United States as NERLYNX (neratinib) tablets. In February 2020, NERLYNX was also approved by the FDA in combination with capecitabine for the treatment of adult patients with advanced or metastatic HER2-positive breast cancer who have received two or more prior anti-HER2-based regimens in the metastatic setting. NERLYNX was granted marketing authorization by the European Commission in 2018 for the extended adjuvant treatment of adult patients with early stage hormone receptor-positive HER2-overexpressed/amplified breast cancer and who are less than one year from completion of prior adjuvant trastuzumab-based therapy. NERLYNX is a registered trademark of Puma Biotechnology, Inc.

Further information about Puma Biotechnology may be found at http://www.pumabiotechnology.com.

IMPORTANT SAFETY INFORMATION

NERLYNX (neratinib) tablets, for oral use

INDICATIONS AND USAGE: NERLYNX is a kinase inhibitor indicated:

CONTRAINDICATIONS: None

WARNINGS AND PRECAUTIONS:

ADVERSE REACTIONS:

The most common adverse reactions (reported in 5% of patients) were as follows:

To report SUSPECTED ADVERSE REACTIONS, contact Puma Biotechnology, Inc. at 1-844-NERLYNX (1-844-637-5969) or FDA at 1-800-FDA-1088 or http://www.fda.gov/medwatch.

DRUG INTERACTIONS:

USE IN SPECIFIC POPULATIONS:

Lactation: Advise women not to breastfeed.

Please see Full Prescribing Information for additional safety information.

To help ensure patients have access to NERLYNX, Puma has implemented the Puma Patient Lynx support program to assist patients and healthcare providers with reimbursement support and referrals to resources that can help with financial assistance. More information on the Puma Patient Lynx program can be found at http://www.NERLYNX.com or 1-855-816-5421.

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Puma Biotechnology Presents Final Overall Survival Analysis from the Phase III ExteNET Trial at the 2020 SABCS - Business Wire

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Pennsylvania biotechnology company testing new drug that could change the way COVID-19 patients are treated – FOX43.com

Thursday, December 10th, 2020

By the end of the month, Americans could begin receiving the COVID-19 vaccine. Yet, Pittsburgh-based biotechnology company, CytoAgents says, a vaccine is not the only solution in the fight against the virus.

"The ultimate solution will be a combination of vaccines, testing, and treatment," said Teresa Whalen, CytoAgents CEO.

CytoAgents began Phase 1 trials on a drug they believe will change the way, not only COVID-19 is treated, but also other illnesses.

"Our drug treats the underlying causes of illness," said Whalen.

The drug is called GP1691. It's an oral pill that helps a body in cytokine storm, which is an immune response where the body starts to attack its own cells instead of just fighting the virus. This is something scientists believe is happening in COVID-19 positive patients and explains why some have mild symptoms, but for others it's deadly.

"We look to prevent patients from progressing and going into the ICU," said Whalen. "To prevent them from requiring ventilation and to get them out of the hospital, or keep them at home giving them an orally available treatment."

CytoAgents says, because GP1681 addresses the body's immune response, it would be effective in treating other illnesses or if the COVID-19 virus mutates.

"We need treatment for viruses, that when they mutate, they still work," said Whalen. "For viruses, when we need time to develop a new vaccine, we have treatments that still work, and that's gp1681."

There's no price tag for GP1681 yet, but CytoAgents expects it to be a coule hundred dollars, which they say is cost effective compared to other COVID-19 treatments costing thousands.

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Is Trevena Inc (TRVN) Stock Near the Top of the Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

A rating of 79 puts Trevena Inc (TRVN) near the top of the Biotechnology industry according to InvestorsObserver. Trevena Inc's score of 79 means it scores higher than 79% of stocks in the industry. Trevena Inc also received an overall rating of 63, putting it above 63% of all stocks. Biotechnology is ranked 34 out of the 148 industries.

Finding the best stocks can be tricky. It isnt easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObservers tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

Trevena Inc (TRVN) stock is trading at $2.21 as of 10:49 AM on Tuesday, Dec 8, a drop of -$0.06, or -2.71% from the previous closing price of $2.27. The stock has traded between $2.15 and $2.25 so far today. Volume today is below average. So far 1,752,356 shares have traded compared to average volume of 4,048,084 shares.

Click Here to get the full Stock Score Report on Trevena Inc (TRVN) Stock.

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Is Trevena Inc (TRVN) Stock Near the Top of the Biotechnology Industry? - InvestorsObserver

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Is Cellectar Biosciences Inc (CLRB) a Winner in the Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

The 62 rating InvestorsObserver gives to Cellectar Biosciences Inc (CLRB) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 78 percent of stocks in the Biotechnology industry, CLRBs 62 overall rating means the stock scores better than 62 percent of all stocks.

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

Cellectar Biosciences Inc (CLRB) stock is trading at $2.25 as of 10:49 AM on Tuesday, Dec 8, a drop of -$0.10, or -4.26% from the previous closing price of $2.35. The stock has traded between $2.06 and $2.35 so far today. Volume today is light. So far 973,567 shares have traded compared to average volume of 1,538,630 shares.

Click Here to get the full Stock Score Report on Cellectar Biosciences Inc (CLRB) Stock.

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Is Cellectar Biosciences Inc (CLRB) a Winner in the Biotechnology Industry? - InvestorsObserver

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Is BioNTech SE – ADR (BNTX) the Top Pick in the Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

The 65 rating InvestorsObserver gives to BioNTech SE - ADR (BNTX) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 82 percent of stocks in the Biotechnology industry, BNTXs 65 overall rating means the stock scores better than 65 percent of all stocks.

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as good for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 65 means the stock is more attractive than 65 percent of stocks.

These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

BioNTech SE - ADR (BNTX) stock is up 2.67% while the S&P 500 is lower by -0.18% as of 10:49 AM on Tuesday, Dec 8. BNTX is higher by $3.35 from the previous closing price of $125.70 on volume of 2,210,886 shares. Over the past year the S&P 500 has gained 17.52% while BNTX is higher by 345.03%. BNTX lost -$1.01 per share the over the last 12 months.

Click Here to get the full Stock Score Report on BioNTech SE - ADR (BNTX) Stock.

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Should You Buy BioXcel Therapeutics Inc (BTAI) in Biotechnology Industry? – InvestorsObserver

Thursday, December 10th, 2020

BioXcel Therapeutics Inc (BTAI) is near the top in its industry group according to InvestorsObserver. BTAI gets an overall rating of 63. That means it scores higher than 63 percent of stocks. BioXcel Therapeutics Inc gets a 79 rank in the Biotechnology industry. Biotechnology is number 36 out of 148 industries.

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 63 would rank higher than 63 percent of all stocks.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObservers overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. Theres no need to try to remember what is good for a bunch of complicated ratios, just pay attention to which numbers are the highest.

BioXcel Therapeutics Inc (BTAI) stock is up 3.5% while the S&P 500 is down -0.39% as of 2:26 PM on Monday, Dec 7. BTAI is higher by $1.60 from the previous closing price of $45.70 on volume of 185,902 shares. Over the past year the S&P 500 is higher by 17.49% while BTAI is higher by 667.86%. BTAI lost -$3.37 per share the over the last 12 months.

Click Here to get the full Stock Score Report on BioXcel Therapeutics Inc (BTAI) Stock.

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‘Biotechnology has changed the world’: Fort Valley State University receives grant to attract biotech majors – 13WMAZ.com

Thursday, December 10th, 2020

A grant from the federal Department of Education will improve resources in the school's Center for Biotechnology and also reach out to students in grades K-12.

FORT VALLEY, Ga. A new grant could help bring in more biotechnology students to Fort Valley State University.

Dr. Sarwan Dhir is the director for the Center of Biotechnology. He says for the next three years, the program at Fort Valley State University will have a new grant.

"In the last 20 years, biotechnology has changed the whole world," says Dhir.

"Right now, an example is that pharmaceutical and biotech companies are working together to solve the problem of COVID-19," he says.

Dhir says the grant is for almost $750,000, and it comes from the U.S. Department of Education.

He says it will not only help with tuition costs for current Wildcats, but also work to raise interest in biotechnology for elementary, middle, and high school aged kids.

"The grant is basically going to recruit 15 students and keep them for three years, but on top of that, we have another grant from the national science foundation that is actually going to provide them with the scholarship for $17,000 for four years," says Dhir.

There are currently 45 students in the program, and one of them is senior Tori McGuire, who says she's ready to start a Master's program next.

"I appreciate the money that he has set up and the money that he brings into here because I really haven't had this chance to have opportunities like this," she says about Dhir.

Freshman Dakota Walker says she came into the university as a marketing major, but soon changed majors after meeting Dhir. She says for students considering majoring in biotechnology, Fort Valley State is the only option.

"Plain and simple, because we're the best. There is no denying that. We're 100 percent the best, we have the resources, we have the faculty, we have a staff that wants to help you, we want to see you succeed," she says.

Dhir says to start, all programs and workshops will be virtual.

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Immunomic Therapeutics Executives and Board Members of WhyWeVax Discuss COVID-19 Vaccine Issues with Fox News and CDC’s ACIP Committee – Business Wire

Thursday, December 10th, 2020

ROCKVILLE, Md.--(BUSINESS WIRE)--Immunomic Therapeutics, Inc., (ITI), a privately-held clinical-stage biotechnology company pioneering the study of nucleic acid immunotherapy platforms, and WhyWeVax (WWV), a non-profit organization dedicated to building vaccine confidence, workforce security and countering vaccine misinformation, announced that executives from both organizations recently made public comments discussing the science of COVID-19 vaccines and the challenges of vaccine hesitancy and distribution.

Sia Anagnostou, Senior Director of Corporate Development for ITI and WWV Board Secretary, recently made public comments during the ACIP emergency meeting in support of the CDCs recommendation to allocate the initial COVID vaccine doses expected late Dec 2020 - Jan 2021 to health care workers and people living in long-term care facilities. In addition to the ACIP discussion, Dr. William Hearl, CEO of ITI and Chairman of WWV, was interviewed on Fox News 29 in Philadelphia to amplify the commentary on these topics.

It is important that leaders in the biotechnology community speak out wherever possible to effectively communicate the value, safety and efficacy of vaccines for COVID-19 and other infectious diseases, said Dr. Hearl. Participation in immunization education and support of Public Health efforts is of the utmost importance as we face the global challenge of this pandemic.

The public comments at ACIP and on Fox News are available here:

https://www.fox29.com/video/876822.amp

About Immunomic Therapeutics, Inc.

Immunomic Therapeutics, Inc. (ITI) is a privately-held, clinical stage biotechnology company pioneering the development of vaccines through its investigational proprietary technology platform, UNiversal Intracellular Targeted Expression (UNITE), which is designed to utilize the bodys natural biochemistry to develop vaccines that have the potential to generate broad immune responses. The UNITE platform has a robust history of applications in various therapeutic areas, including infectious diseases, oncology, allergy and autoimmune diseases. ITI is primarily focused on applying the UNITE platform to oncology, where it could potentially have broad applications, including targeting viral antigens, cancer antigens, neoantigens and producing antigen-derived antibodies as biologics. In early 2020, an investment of over $60M by HLB Co., LTD, a global pharmaceutical company, enabled ITI to accelerate application of its immuno-oncology platform, in particular to glioblastoma multiforme, and rapidly advance other key candidates in the pipeline, including the most recent initiative into infectious diseases with development of its vaccine candidate for COVID-19. The Company has built a large pipeline from UNITE with eight oncology programs, multiple animal health programs and a SARS-CoV-2 program to prevent and treat COVID-19. ITI has entered into a significant allergy partnership with Astellas Pharma and has formed several academic collaborations with leading Immuno-oncology researchers at Duke University and the University of Florida. ITI maintains its headquarters in Rockville, Maryland. For more information, please visit http://www.immunomix.com.

About Why We Vaccinate, Inc.

WhyWeVax - http://www.whywevax.org - is a 501(3)(c) educational organization dedicated to provide a credible and trusted source for honest and factual information on vaccines, their efficacy, safety and importance to public health. WhyWeVax works to counter the misinformation, anti-science rhetoric and virulent fake news dissemination that question the safety and efficacy of vaccines for preventable infectious diseases. The development of a safe and effective vaccine for COVID-19 and its ultimate manufacture and distribution through the healthcare system will require a concerted effort by the biotechnology, academic, medical and scientific communities to meet the challenge of vaccine hesitancy and refusal. WhyWeVax will support educate the population to the value of vaccines to protect the health and safety of their families, their friends, their communities and our way of life.

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Is Galectin Therapeutics Inc. Common Stock (GALT) The Right Choice in Biotechnology? – InvestorsObserver

Thursday, December 10th, 2020

Galectin Therapeutics Inc. Common Stock (GALT) is near the top in its industry group according to InvestorsObserver. GALT gets an overall rating of 60. That means it scores higher than 60 percent of stocks. Galectin Therapeutics Inc. Common Stock gets a 75 rank in the Biotechnology industry. Biotechnology is number 34 out of 148 industries.

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 60 would rank higher than 60 percent of all stocks.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

Galectin Therapeutics Inc. Common Stock (GALT) stock is trading at $2.67 as of 10:41 AM on Tuesday, Dec 8, a loss of -$0.08, or -2.91% from the previous closing price of $2.75. The stock has traded between $2.62 and $2.71 so far today. Volume today is light. So far 75,489 shares have traded compared to average volume of 172,918 shares.

Click Here to get the full Stock Score Report on Galectin Therapeutics Inc. Common Stock (GALT) Stock.

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Is Galectin Therapeutics Inc. Common Stock (GALT) The Right Choice in Biotechnology? - InvestorsObserver

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Protests erupt in Kerala over the Central governments decision to name the second campus of the Rajiv Gandhi Centre for Biotechnology in…

Thursday, December 10th, 2020

The Narendra Modi-led Central government has announced that the second campus of the Rajiv Gandhi Centre for Biotechnology (RGCBT) in Thiruvananthapuram, Kerala, a premier molecular biology and biotechnology research centre now under the Ministry of Science and Technology, will be named after M.S. Golwalkar, the Rashtriya Swayamsewak Sangh (RSS) ideologue.

The announcement, made by Union Minister for Science and Technology Dr Harsh Vardhan on December 4 during his online address to the pre-inaugural session of the sixth edition of the International Science Festival, has taken Kerala by surprise.

The RGCBT had earlier announced that its second campus would be named the Centre for Complex Diseases in Cancer and Viral Infections.

Harsh Vardhans statement that the new campus is to be named "Shri Guruji Madhav Sadashiv Golwalkar National Centre for Complex Diseases in Cancer and Viral Infections", apparently as decided by the RGCBT governing body, has come without notice to or prior consultation with the State government, which originally established the RGCBT as a research & development centre. The State had subsequently handed over the centre to the Government of India for developing it as a centre of international standards in research and development.

Protests are mounting by the day in the State on the propriety of choosing to name the campus after a person whose abiding role has not been in science but in providing Hindutva forces an ideological base and an organisational structure to achieve a Hindu Rashtra.

The Bharatiya Janata Party (BJP) political leadership has come up with rather strange arguments to justify the move: (a) Golwalkar has an M.Sc. in Zoology and he left his studies while doing a Ph.D. in Marine Biology to become an active member of the RSS; (b) that he had a great vision about the scientific development of the country and his teachings and ideas are relevant in the present time; (c) the Left has given the names of several communist leaders jailed in 1947 and 1962 for anti-national activities to several institutions; (d) the Communist Party of India (Marxist) should explain the basis for naming a football stadium in Kozhikode after E.M.S. Namboodiripad; and (e) why is the renowned annual Nehru Trophy Boat Race in Kerala named after Jawaharlal Nehru? (the last question was raised as a justification by V. Muraleedharan, the Union Minister of State for External Affairs and Parliamentary Affairs).

The ruling and opposition parties in Kerala find themselves united as an offshoot of the controversy. Almost all political parties except the BJP have condemned the announcement to name the new campus after the RSS ideologue.

While Chief Minister Pinarayi Vijayan, in a letter to Union Minister Harsh Vardhan, suggested that the new campus should be named after some eminent Indian scientist of international repute, Opposition Leader Ramesh Chennithala said in a letter to Prime Minister Narendra Modi that the new campus should continue to function under the name of former Prime Minister Rajiv Gandhi.

Sashi Tharoor, MP from Thiruvananthapuram, said in a series of tweets on Twitter: What is MSGs [M.S. Golwalkar] contribution to science other than promoting the disease of communalism?; I suggest a local hero: Dr. P. Palpu, renowned bacteriologist and social reformer, born in Thiruvananthapuram in the year 1863. Expert in serum therapy and tropical medicine from Cambridge, Director of the Vaccine Institute and Fellow of the Royal Institute of Public Health. This forward-looking scientist and medical practitioner would be far more appropriate than an obscurantist ideologue of no scientific achievement and no discernible contribution to public health. Its a BJP insult to Thiruvananthapuram and should be resisted.

The Modi governments move cannot be seen in isolation, coming as it does after similar controversies over pleas for rewriting history from an Indian standpoint, the unveiling of the V.D. Sarvarkar portrait at the Central Hall of Parliament and the eulogisation in school textbooks and through the naming or renaming of airports, railway stations, bridges, streets and flyovers after Hindutvas other heroes such as K.B. Hedgewar and Deen Dayal Upadhyaya.

Moreover, if statements by V. Muraleedharan and other BJP leaders are any indication, the name Shri Guruji Madhav Sadashiv Golwalkar National Centre for Complex Diseases in Cancer and Viral Infections has been presented as a fait accompli and, significantly, as a strong political message in Left Front-ruled Kerala where the BJP has so far been unable to make much gains. It is also significant that the RGCBTs prestigious new campus also is in Thiruvananthapuram, where the BJP is hoping to make some significant gains in the ongoing local body elections and in the Assembly elections that is to follow soon.

For more on Golwalkar, read: What is Hindu Rashtra?

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Nanoparticles in Biotechnology and Pharmaceuticals Market Size, Share, Growth, Trends, Outlook, Scope and Forecast to 2027 – The Haitian-Caribbean…

Thursday, December 10th, 2020

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Food Biotechnology Industry Market Growth Projection from 2020 to 2026 – Cheshire Media

Thursday, December 10th, 2020

Market Study Report, LLC adds latest research report on Food Biotechnology Industry Market, which delivers a comprehensive study on current industry trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.

This Food Biotechnology Industry market research study is a collection of insights that translate into a gist of this industry. It is explained in terms of a plethora of factors, some of which include the present scenario of this marketplace in tandem with the industry scenario over the forecast timeframe.

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The report is also inclusive of some of the major development trends that characterize the Food Biotechnology Industry market. A comprehensive document in itself, the Food Biotechnology Industry market research study also contains numerous other pointers such as the current industry policies in conjunction with the topographical industry layout characteristics. Also, the Food Biotechnology Industry market study is comprised of parameters such as the impact of the current market scenario on investors.

The pros and cons of the enterprise products, a detailed scientific analysis pertaining to the raw material as well as industry downstream buyers, in conjunction with a gist of the enterprise competition trends are some of the other aspects included in this report.

How has the competitive landscape of this industry been categorized?

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Vaccines and Approved Antibodies Could Dim Vir Biotechnologys Covid Opportunity – Barron’s

Thursday, December 10th, 2020

Text size

The tiny Vir Biotechnology was vaulted from obscurity this year, when it said it was developing treatments for Covid-19. Its stock (ticker: VIR) shot from $12 to a March peak of $75, before settling back to the mid-30swhere GlaxoSmithKline (GSK) bought a $250 million stake.

Vir started clinical trials in August for its antibody treatment against Covid-19. But the train has left the station, says Baird analyst Madhu Kumar, and Vir may have missed its Covid business opportunity. Antibodies from Eli Lilly (LLY) and Regeneron Pharmaceutical (REGN) have already gotten emergency use authorizations from regulators and booked orders. Demand for any Covid-19 treatment will start to shrink with the imminent authorization of vaccines from Pfizer (PFE), BioNTech (BNTX) and Moderna (MRNA).

In a Thursday note, Kumar reiterated his Underperform rating for Vir stock, whose shares he thinks should fall to $24 from their recent level near $32.

The Baird analyst went to a sell rating after Virs initial jump in February, and has maintained steady criticism since, in nearly 40 notes. Vir could find success with another treatment it is testing against hepatitis B, says Kumar, but future sales of such a product would only be worth $14 in current value. Ascribing $3.50 in value for Virs other pipeline programs, and counting its $6.50 a share in cash, brings Kumar to his $24 fair value.

Antibodies from Regeneron were among the treatments given to President Donald Trump in October, when he got Covid.

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Virs securities filings say that its Covid-19 antibody trial could produce interim results in January 2021, and a final readout later in that years first quarter. The Baird analyst doesnt expect an authorization and product launch until the springby which point vaccines should be getting into wide supply.

Meanwhile, the bridging opportunity for anti-Covid antibodies is being snapped up by Lilly and Regeneron. The U.S. government arranged to buy 950,000 doses of Lillys treatment, including a deal for 650,000 doses announced Wednesday that will bring $850 million to Lilly.

Write to Bill Alpert at william.alpert@barrons.com

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Department Of Biotechnology’s Expert Committee Tracking Developments Related To COVID-19 Vaccine: Official | News – Swachh India NDTV

Thursday, December 10th, 2020

Maharashtra

DistrictCases

Mumbai45,478

Thane13,660

Pune9,920

Mumbai Suburban5,363

Aurangabad1,974

Nashik1,575

Raigad1,462

Palghar1,421

Solapur1,291

Jalgaon1,039

Akola757

Nagpur692

Kolhapur646

Satara629

Ratnagiri350

Amravati291

Dhule228

Hingoli208

Jalna201

Ahmednagar190

Nanded176

Yavatmal150

Sangli145

Latur139

Osmanabad125

Sindhudurg114

Buldhana88

Parbhani78

gondia69

Beed54

Nandurbar42

Gadchiroli42

Bhandara41

Chandrapur32

Washim13

Wardha11

18,64,348 4,981

74,315 145

17,42,131 5,051

47,902 75

DistrictCases

Udupi1,176

Kalaburagi669

Yadgir538

Bengaluru Urban529

Raichur369

Mandya346

Belagavi337

Bidar219

Hassan205

Davangere204

Vijayapura201

Dakshina Kannada179

Chikkaballapura149

Mysuru107

Bagalkote103

Uttara Kannada95

Shivamogga67

Dharwad61

Ballari60

Gadag45

Bengaluru Rural40

Tumakuru36

Kolar29

Haveri24

Chikkamagaluru19

Chitradurga14

Koppal5

Kodagu4

Ramanagara3

Chamarajanagara0

8,96,563 1,279

23,075 1,959

8,61,588 3,218

11,900 20

DistrictCases

Kurnool795

Krishna557

Guntur511

Anantapur428

East Godavari356

Chittoor319

Sri Potti Sriramulu Nell*296

Y.S.R.205

West Godavari199

Srikakulam183

Prakasam104

Visakhapatnam103

Vizianagaram23

8,73,457 618

5,259 170

8,61,153 785

7,045 3

DistrictCases

Chennai23,324

Chengalpattu1,314

Thiruvallur774

Villupuram509

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Department Of Biotechnology's Expert Committee Tracking Developments Related To COVID-19 Vaccine: Official | News - Swachh India NDTV

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