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Memo to Provectus CEO Craig Dees: It's Time for You to Shut Up

05/23/14 - 02:56 PM EDT

The FDA turned down Provectus BioPharmaceuticals' request to grant Breakthrough Therapy Designation (BTD) to its experimental skin cancer drug PV-10.

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PTC Therapeutics Gets Warm Hug From Europe for DMD Drug; Prosensa Rises in Sympathy

05/23/14 - 08:46 AM EDT

PTC Therapeutics shares have doubled this morning on the surprising (I'd say shocking) news that European regulators recommended the conditional approval of Translarna as a new treatment for patients with Duchenne muscular dystrophy caused by so-called "nonsense" mutations.

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Provectus Disappears 'Breakthrough' Drug Claim on Web Site

05/20/14 - 01:42 PM EDT

Provectus is supposed to hear back from the FDA this week about the request to grant PV-10 Breakthrough Therapy status for skin cancer. So far, Provectus has said nothing about the FDA's response.

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The Stupid and Financially Reckless Argument for Eisai Buying Arena Pharma

05/20/14 - 10:26 AM EDT

Japanese companies have a history of paying grossly inflated prices for U.S. assets, but the drug maker Eisai would have to be monumentally stupid -- and financially reckless -- to buy out its obesity drug partner Arena Pharmaceuticals.

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InterMune Higher on Superior Lung Drug Data, FDA Resubmission Next

05/19/14 - 10:39 AM EDT

InterMune should have pirfenidone on the U.S. market in early 2015, but figuring out Boehringer's FDA strategy is more difficult.

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Northwest Bio Exploits Cancer Patient To Promote Stock Ahead of ASCO '14

05/15/14 - 09:30 AM EDT

It's been five months since Northwest Biotherapeutics told investors that independent monitors were conducting an interim efficacy analysis of the phase III study of DC-Vax in patients with newly diagnosed glioblastoma multiforme (GBM.)

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SEC Casting Wide Net in Galena Investigation

05/14/14 - 03:35 PM EDT

Lion Bio received an SEC subpoena related to the Galena DreamTeam investigation.

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Bristol, Celldex Collaborating on Cancer Immunotherapy Study

05/14/14 - 10:39 AM EDT

The phase I/II study will combine Bristol's PD-1 checkpoint inhibitor nivolumab with Celldex's CD27-targeted antibody varlilumab, also known as CDX-1127.

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Telik, Biotech Pariah, Finally Died

05/12/14 - 06:24 PM EDT

Telik never recovered from hiding the premature deaths of ovarian cancer patients treated with its experimental drug Telcyta in 2007

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Visualizing Biotech P/E Compression and Why It's a Buy Signal

05/12/14 - 10:19 AM EDT

J.P. Morgan analyst Geoff Meacham issued a cautiously optimistic note about the biotech sector this morning. While investor sentiment remains "fragile," and volatility continues to be high, Meacham believes the worst of the selling is over.

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Adam Feuerstein is a senior columnist at TheStreet in charge of covering biotechnology and pharmaceutical stocks.

Feuerstein has been a financial journalist for more than 20 years. He joined TheStreet in 2001, leaving in 2005 for a two-year stint as a biotech analyst for a New York-based investment management firm. Feuerstein rejoined TheStreet in 2007. Prior to his work at TheStreet, Feuerstein wrote about Internet startups and business software for Upside.com. Covering the dot-com boom and bust of the 1990s and early 2000s made Feuerstein very cynical, a trait he applies to great effect by highlighting the often-overlooked risks of biotech stock investing. In what can only be considered a high compliment, a particularly promotional sell-side analyst once warned his clients that Feuerstein "attacks viciously".

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Feuerstein lives near Boston with his wife, two kids and a yellow lab-golden retriever named Max. When Feuerstein is not writing article and blog posts for TheStreet, he's tweeting. In fact, when Feuerstein is working, he's tweeting. All the time. He also runs, bikes, watches a lot of English soccer matches (Go Spurs!) and loves to cook.

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Markets

DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Adam's Tweets

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