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Biopharma Daily Stock Updates - 03/22/22

$XBI $92.21 | +3.58%


Covid Updates

$NVAX +6.7% Novavax and Serum Institute of India Announce First Emergency Use Authorization of Novavax' COVID-19 Vaccine in Adolescents ≥12 to <18 in India source

$ADMP -0.6% Adamis Pharmaceuticals Announces Results of Tempol in Omicron Virus Challenge in Hamster Model. source

Pipeline Updates

$MOR +6.51% MorphoSys and Incyte Announce Swissmedic Temporary Approval of Minjuvi(R) (tafasitamab) in Combination with Lenalidomide for the Treatment of Adults with r/r DLBCL source

$ALGS +1.8% Aligos Discontinues Development of its Antisense Oligonucleotide Drug Candidate ALG-020572 in Subjects with Chronic Hepatitis B and Pivots Internal Strategic Emphasis to its Small Molecule Portfolio. source

$SRRK +7.4% Scholar Rock Presents Data Analysis of Multiple Efficacy Endpoints from the Apitegromab TOPAZ Phase 2 Trial at the American Academy of Neurology 2022 Annual Meeting. source

$ALVR +7.3% AlloVir Initiates Global Phase 3 Registrational Study of Posoleucel for Prevention of Life-Threatening Viral Infections from Six Common Viruses in High-Risk, Allogeneic Hematopoietic Cell Transplant Patients. source

$OBSV +9.1% ObsEva Announces Additional Efficacy Results for Linzagolix 200 mg with Add-Back Therapy (ABT) and Linzagolix 75 mg without ABT in the Phase 3 EDELWEISS 3 Trial in Patients with Moderate-to-Severe Endometriosis-Associated Pain. source

$PSTV -1.0% Plus Therapeutics Announces First Patient Dosed in Phase 1/2a Dose Escalation Trial of 186RNL Radiotherapeutic for Leptomeningeal Metastases. source

$KRYS +0.9% Jeune Aesthetics Announces Positive Clinical Phase 1 (PEARL-1 Study) Efficacy Results for KB301, an Investigational Gene-based Treatment Designed to Address the Underlying Biology of Aging Skin. source

$ZNTL +3.7% Zentalis Pharmaceuticals Announces First Patient Dosed in the Potentially Registrational Phase 1/2 Study of BCL-2 inhibitor ZN-d5 in Patients with Relapsed or Refractory Light Chain (AL) Amyloidosis. source

$KALV +8.5% KalVista Announces Publication of Additional KVD900 Data in Clinical & Experimental Allergy. source

$ORPH -2.4% Orphazyme announces withdrawal of European Marketing Authorisation Application for arimoclomol for the treatment of Niemann-Pick disease type C. source

$CALT -5.6% Calliditas provides a regulatory update on EMA process for Nefecon. source

$HALO +1.2% Positive Topline Results Announced from ADAPT-SC Study Evaluating Subcutaneous Efgartigimod Using ENHANZE® Drug Delivery Technology for Generalized Myasthenia Gravis. source

Business Updates

$LTRN +4.2% Lantern Pharma Announces Extension of Existing Share Repurchase Program. source


Posted by FS/JM

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