Merck (MRK) shares are climbing after the company revealed a collaborative effort with Pfizer on lung cancer treatment trials.
It's not the hedge fund mogul you expect.
InterMune (ITMN) shares are up on heavy trading, one day after the company agreed to be bought by Roche for $8.3 billion.
The biotech sector hews close to an academic calendar and September marks the start of the busy, event-filled push into the end of the year.
The iShares Nasdaq Biotechnology ETF closed at 272.63 Monday, less than one point below the year (and all-time) closing high reached on Feb. 25.
CEOs who leave companies on good terms get cushy severance packages. Galena's Ahn did not.
The all-cash deal values InterMune at $74 per share, or a 38% premium to Friday's closing stock price.
Biotech columnist Adam Feuerstein answers readers' questions about health care.
Ampio Pharmaceuticals is blaming a mini Polar Vortex for blowing up a pivotal study of its osteoarthritis drug Ampion.
Epizyme's technology platform focuses on developing drugs to regulate a class of cancer-causing enzymes.
Mark Ahn's forced exit from the troubled Galena follows an internal investigation by the board.
Based on the positive study results, Amicus intends to seek European approval for migalastat early next year.
PDI guided lower for the third quarter and full year, but CEO Nancy Lurker, says investors should look at what's in the pipeline at the company.
AstraZeneca says the Department of Justice is ending its investigation into PLATO, a clinical trial with its heart drug Brilinta, and is not planning any further action.
Jazz Pharmaceuticals (JAZZ) shares are climbing after having coverage initiated with an 'overweight' rating and $190 price target at JPMorgan (JPM).
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