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U.S. Stocks Edge Higher as Crude Rally Offsets Slump in Biotech

2016-04-09 02:49:56| Biotech - Topix.net

U.S. stocks edged higher, with the Standard & Poor's 500 Index trimming the worst weekly slide in two months, as a surge in crude that boosted energy shares offset a slump in biotechnology shares. The S&P 500 climbed 0.2 percent to 2,047.63 at 4 p.m. in New York, remaining in a range it's held since the Federal Reserve's last policy meeting on March 16. The index rose as much as 0.9 percent Friday, and closed down 1.2 percent in the week, the most since Feb. 5. Equities have swung between gains and losses in the five days as investors search for clues on the strength of the American economy ahead of what is forecast to be the worst earnings season since the financial crisis.

Tags: higher edge stocks rally

 

Evonik Acquires French Biotech Startup

2016-04-08 15:01:00| Happi Breaking News

Alkion Biopharma SAS specializes in active ingredients for cosmetics.

Tags: french biotech startup acquires

 
 

Regeneron Pharmaceuticals Is My Top Pick In The Biotech Space

2016-04-03 03:15:32| Biotech - Topix.net

The shares have sold off in sympathy with the meltdown in the biotech sector, with one caveat that REGN has the best near-term pipeline in the business. Based on the strength of the near-term pipeline, I added shares as detailed to subscribers on the 13th of March.

Tags: the top space pick

 

How to Protect Your Biotech Profits from This Legal Limbo

2016-03-31 13:36:51| Biotech - Topix.net

As you folks know from my special research report "Where Eagles Dare" - as well as from my ongoing coverage of drone developer AeroVironment Inc. - I'm predicting massive growth for the drone business. Gilead Sciences Inc.'s Sovaldi was a real breakthrough in the fight against the chronic liver disease hepatitis C .

Tags: legal protect profits biotech

 

BIO World Congress on Biotech will feature NSF SBIR companies.

2016-03-30 14:31:08| Industrial Newsroom - All News for Today

In partnership with National Science Foundation (NSF), BIO will feature Small Business Innovation Research (SBIR)-funded, early-stage industrial biotech companies at BIO's 13th Annual World Congress on Industrial Biotechnology (San Diego, CA from April 17–20). BIO's Brent Erickson explained that, "Through the SBIR grant program, qualified companies can move forward and bring innovative technologies to market" and encouraged attendees to "stop by and learn about these exciting companies."

Tags: world companies feature bio

 

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