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Tag: biotech
Biotech Investors bail out after Gilead's drug pricing fight
2014-12-24 00:59:28| Biotech - Topix.net
The biotechnology sector is having its worst day since April as investors fear health insurers and companies that manage patient's drug benefits will put new pressure on how much the industry can charge for breakthrough treatments. The selloff, prompted by Express Scripts Holding's announcement Monday that it would block its U.S. patients from getting Gilead Sciences's $1,100-a-pill hepatitis C medicine, sent the Nasdaq Biotechnology Index down 4.6 percent, the biggest one-day drop since April.
Tags: drug
fight
pricing
investors
Navidea Pharmaceuticals: An Update On My $2 Biotech Lottery Ticket
2014-12-23 18:45:28| Biotech - Topix.net
It seems time for an investment update on small biotech Navidea Pharmaceuticals given the stock's recent rally and positive developments at the company. Navidea is expanding the geographical footprint of its main product Lymposeek and has made the decision to pursue therapeutic opportunities.
Tags: update
ticket
biotech
lottery
Gilead: What's Ahead In 2015 For This Biotech Juggernaut
2014-12-21 00:05:58| Biotech - Topix.net
Biotech juggernaut Gilead Sciences has provided its shareholders with better than a 30% gain in 2014 so far as we head into the end of the year. Although the stock has spent the last three months consolidating those gains in a relatively narrow trading range, the direction for 2015 remains up.
Tags: ahead
biotech
juggernaut
gilead
Houston biotech company raises $140M in upsized IPO
2014-12-19 14:41:04| Biotech - Topix.net
Bellicum Pharmaceuticals Inc. raised $139.65 million when it priced its upsized initial public offering at $19 per share on Dec. 18. Bellicum, a Houston-based biotechnology company focused on developing cell therapies to treat and prevent cancer, offered 7.35 million shares of its common stock. That's up 1.1 million shares from what it had initially planned, according to the company .
Tags: company
houston
ipo
raises
China gives thumbs up to Syngenta's biotech corn
2014-12-19 07:06:48| Food - Topix.net
China has approved the import of biotech corn manufactured by Syngenta AG that sparked a flurry of recent lawsuits by Minnetonka -based Cargill Inc. and farmers across the country. China refused to accept shipments of the corn from Cargill in late 2013, prompting shippers, farmers and others in the corn industry to sue Syngenta for losses caused by promoting and selling the corn in the marketplace too early - before China, a major importer, had approved it.
Tags: china
corn
biotech
thumbs
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