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Premarket Biotech Digest: Novartis Earnings, Portola Lawsuits, Celgene's Orphan Drug

2015-07-23 11:13:42| Biotech - Topix.net

Xarelto, Eliquis and other anticoagulants that face products liability lawsuits have made deals with Portola, which is developing an antidote. One of the first anticoagulants, warfarin, was used as rat poison for 50 years before it began life as a blood thinner - and the only reason it did that was because a US Army sergeant who tried to kill himself with it was cured when treated with Vitamin K. Moral of the story- if you want to develop an anticoagulant, you better also develop its antidote, or you could bungle your way into multiple lawsuits.

Tags: drug earnings digest biotech

 

Premarket Biotech Digest: Options Trading, Achillion Short Interest, Opdivo EU Approval

2015-07-18 14:38:03| Biotech - Topix.net

I am no options expert, but I have written covered calls occasionally to boost returns on some of my holdings. Writing covered calls can be a useful strategy with large cap biopharmas like Pfizer , Merck , Johnson & Johnson and Eli Lilly .

Tags: options short interest trading

 
 

Premarket Biotech Digest: J&J Earnings, Celgene Making Deals, BTDs And FTDs

2015-07-16 07:32:43| Biotech - Topix.net

The earnings season for big pharma kicked off on Tuesday as Johnson & Johnson announced second quarter results. Q2 sales at JNJ were negatively impacted by a stronger dollar and weak medical devices sales.

Tags: making deals earnings digest

 

Delta Air Lines, Inc. (DAL) Reports Record Net Income For Q2, But Shares Balk In Pre-Market Trading

2015-07-15 19:28:50| Apparel - Topix.net

Delta Air Lines, Inc. has announced its second quarter 2015 financial results, posting adjusted earnings per share of $1.27, surpassing market expectations of $1.23. The airliner posted quarterly revenues of $10.71 billion, also beating market estimates of $10.63 billion, with growth of 0.8% year-over-year.

Tags: net air reports record

 

Premarket Biotech Digest: Is Gilead Undervalued, Oncolytics' Reolysin, Novo Nordisk Reports Results

2015-07-13 18:14:55| Biotech - Topix.net

Gilead Sciences shares have once again seen a pullback in the last three weeks. Since June 24th, the stock is down nearly 7%, presenting another good opportunity to buy.

Tags: results reports novo digest

 

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