Healthcare & Biotech

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Denali Therapeutics Announces Positive Progress Including LRRK2 Program for Parkinson’s Disease

Today Denali Therapeutics Inc. (NASDAQ: DNLI), a biopharmaceutical company developing a broad portfolio of product candidates engineered to cross the blood-brain barrier (‘BBB’) for neurodegenerative diseases, announced broad pipeline progress...

SmileDirectClub, Inc. Announced Products Available Exclusively at Walmart

SmileDirectClub, Inc. (NASDAQ: SDC) today announced that a suite of affordable yet premium oral care products will be available exclusively at Walmart Inc. (NYSE: WMT) stores on Walmart.com. SmileDirectClub is the first provider of clear aligner...

Sanofi Acquires Synthrox for USD 2.5 Billion

Sanofi (NASDAQ: SNY) announced on Monday that it has acquired Synthorx (NASDAQ: THOR) for USD 2.5 Billion to boost its immuno-oncology pipeline. Synthorx shares surged by 169% at the open on Monday. Synthorx is a biotechnology company aimed at...

Novartis to Buy The Medicines Co. for USD 9.7 Billion

Swiss pharmaceutical company Novartis AG (NYSE: NVS) on Sunday said it will buy cholesterol-drug maker The Medicines Company (NASDAQ: MDCO) for USD 9.7 Billion. Shares of The Medicines Company shot up about 22% following the news while Novartis’...

Planet Fitness (NYSE: PLNT) Jumps After Sales Beat Expectations

Planet Fitness, Inc. (NYSE: PLNT) stock jumped about 10% after the franchisee and operator of fitness centers reported financial results for its third quarter ended September 30, 2019.  Third Quarter Fiscal 2019 Highlights  Total revenue...

J&J Says 15 Tests Indicate No Asbestos in Baby Powder

Shares of Johnson & Johnson (NYSE: JNJ) opened more than 3% higher on Wednesday after the company reported that 15 new tests from the same bottle of Johnson’s Baby Powder previously tested by the U.S. Food and Drug Administration (FDA) found...

Shares of Procter & Gamble Rise on Earnings

Shares of Procter & Gamble Co. (NYSE: PG) opened 4% higher on Tuesday after the company reported better-than-expected first quarter 2020 earnings and revenue. The maker of Bounty paper towels and Tide detergent said net sales rose 7% to USD...

Aphria Shares Pop on Q1 Earnings

Shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) are up over 22% on Tuesday after the cannabis producer posted a first-quarter profit of CAD 16.4 Million, its second straight quarter of profitable growth. The Leamington, Ontario-based company said...

CannTrust Takes Steps Towards Full Regulatory Compliance

CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST) on Monday announced its continued progress on taking all actions to bring the company back into full compliance and reinstatement of its licenses.  Previously on September 17th of this year, the...

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