Biotech Rally Fizzles as Global Healthcare Issues Weigh…Update-1
Update-1 After Close 6/10/16 --Biotech Rally Fizzles in Broad Sell-Off The market continued to sell off during the day with only a little bounce off the lows. The material and energy sectors got hit hard down 2.4 and 1.6% respectively but weakness was across the board. Healthcare stocks were...
The ASCO Rally for Biotech Stocks is On: Now We Need to Consolidate Recent Gains Next Week
Pre-ASCO rally-Three Weeks of gains= 8-15% Every year the ASCO Meeting excites investors because of clinical data being presented on a huge pipeline of oncology products. High expectations have already delivered an ASCO rally so now can the actual clinical data support these gains? The...
BIO International Conference June 6-9 in San Francisco Next Week
BIO International Conference-Trends in the Biotechnology Industry We will be attending BIO International Convention in San Francisco next week and will provide news updates on relevant topics such as Personalized Medicine, biopharma drug policy and pricing, and next generation therapeutics....
NantHealth (NH) IPO Prices at $14 Moves Up To $18+…Update-1
Update -1 NH closes at $18.59 up 32.79% on volume of 3.3M shares. High was $21 low was $16.11. Market cap is $2.1B. Focus of the Company is personalized healthcare utilizing a unique software platform (NantOS) applying molecular diagnostics and genomics on patient tissues and integrated with...
Biotech Rally Moving Toward April Highs: ASCO and M&A Provides Underlying Support…Update-1
Update June 1... After Close Biotech Holds...Uh oh CNBC is talking about biotech. IBB 281.18, XBI 58.18 This stealth rally has been going steady for two weeks but now CNBC and its "Fast Money" show are talking up biotech so is this a jinx? And saying "party over" when the rally just started??...