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Free Biopharma Daily Stock Updates - 06/17/22

$XBI $67.61 | +5.67%

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Table of Contents:

Covid Updates

#MRNA +5.7% Moderna Receives FDA Authorization for Emergency Use of Its COVID-19 Vaccine for Children 6 Months of Age and Older

Pipeline Updates

#SESN +29.2% Sesen Bio no longer seeks reverse stock split as route to regain compliance with Nasdaq

#ALT +22.9% Altimmune Announces Oral Presentation Of Pemvidutide Clinical Data At Upcoming EASL International Liver Congress™ On June 25, 2022.

#PHVS +22.1%

#SANA +21.5% Sana Biotechnology Presents Data at ISSCR 2022 Annual Meeting Showing Survival of Transplanted Hypoimmune iPSC-Derived Differentiated Cell Types Without Immunosuppression in Non-Human Primates.

#LYEL +20%

#SRRK +10.9% Positive Phase 2 Topaz Trial Extension Data Demonstrate Sizable and Sustained Motor Function Improvement at 24 Months with Apitegromab for Non-Ambulatory Patients with Types 2 and 3 Spinal Muscular Atrophy (SMA).

#CDXS +8.4% Codexis Announces the Publication of Research Demonstrating Proof of Concept for Chemoenzymatic Site-Selective Bioconjugation of Native Peptides.

#RNA +7.8% Avidity Biosciences Supports World Facioscapulohumeral Muscular Dystrophy (FSHD) Day and Presents Preclinical Data from FSHD Program.

#MYOV +7.7% Myovant Sciences and Pfizer Announce Publication in The Lancet of Phase 3 SPIRIT 1 and SPIRIT 2 Studies of Once-Daily Relugolix Combination Therapy in Women With Endometriosis-Associated Pain.

#NVAX +6.9% Novavax to Showcase Innovative Vaccine Data at Communicable Diseases & Immunisation Conference 2022.

#CYTK +2.4% Cytokinetics Provides Regulatory Update for Omecamtiv Mecarbil.

#CYCN +0.2% Cyclerion Therapeutics Announces CY6463 Data Demonstrating Improved Cellular Energetics in Preclinical Models of Mitochondrial Disease.

#SRRA -0.1% Sierra Oncology Announces Submission of New Drug Application for Momelotinib to US Food & Drug Administration.

#OBSV -1.6% ObsEva Announces European Commission Marketing Authorization for Yselty® (linzagolix), an Oral GnRH Antagonist, for the Treatment of Uterine Fibroids

#LVTX -13.5% (6/16) LAVA Therapeutics Highlights Encouraging Clinical Updates on Lead Program, LAVA-051, in Chronic Lymphocytic Leukemia and Multiple Myeloma Patients

#IPHA -14.5%

#EQ -16.7%

#IMV -21.8%

#AXLA -22.8%

#ADXN -55.2% Addex Terminates Dipraglurant Phase 2b/3 Study in Patients with Dyskinesia Associated with Parkinson’s Disease due to Slow Recruitment Rate.


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Business Updates

#AKRO +17.3% (6/16) Akero Therapeutics Announces Two Financing Transactions with Pfizer Inc. and Hercules Capital, Inc. Providing Access to Up To $125 Million

#SRRK +10.9% Scholar Rock Announces $205 Million Registered Direct Offering.

#SEEL +5.7% NEALS Webinar (Fri 6/17) at 5pm to Discuss Seelos' SLS-005 in the Healey ALS Platform Trial.


Posted by DV/FS



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