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Spero Therapeutics plummets 15% as FDA rejects new drug application

Ekaterina -
Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug Administration (FDA) had...
Pharmaceutical Investing News

Sutro Biopharma shares soar 67% due to cooperation with Astellas in cancer treatment

Ekaterina -
Sutro Biopharma Inc. shares leaped 67% to $7.24 a share in U.S. after-hours trading after the South San Francisco biotech company said it is...
Pharmaceutical Investing News

Biotech investors focus on biotechs with drugs closer to market

Ekaterina -
Biotech investors nursing losses from stock price falls are now focusing on firms which are closer to getting their drugs to market, rather than...
Pharmaceutical Investing News

ResApp stock returned from trading halt, down 29%

Ekaterina -
The ResApp Health Ltd share price has returned from its trading halt and taken a tumble. In morning trade, the digital health company’s shares...
Pharmaceutical Investing News

Mereo BioPharma rises as AstraZeneca reportedly considers buying

Ekaterina -
Shares of Mereo BioPharma (MREO), a small biotech company focused on developing therapies for cancer and rare diseases surged 62.5% on Jun 17, following...
Pharmaceutical Investing News

Pfizer to buy 8.1% stake in vaccines company Valneva

Ekaterina -
U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as...
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