BridgeBio Stock Surges on Dwarfism Drug Data. It’s Bad News for BioMarin.

BridgeBio Pharma stock was soaring after the biopharmaceutical company reported positive results in a Phase two clinical trial for an experimental treatment for achondroplasia, the most common type of...

Crispr Therapeutics: FDA Filing on Sickle Cell Gene Therapy Is Almost Done

An approval filing for a breakthrough treatment of sickle cell disease should be done by March, Crispr Therapeutics said, highlighting the company’s lead in a competitive area of medical research and ...

China’s Newest Weapon to Nab Western Technology—Its Courts

The growing conflict between China and the U.S. extends from computer-chip factories to a suspected spy balloon over American skies. Running through it all is a struggle for technological superiority....

Gambling on Biotechs—and Pfizer | Barron’s

To the Editor: Pfizer has a lot of good and bad points, as mentioned in your cover story “Pfizer Is Moving Beyond Covid. Why Its Stock Is a Buy.” (Feb. 3). But the hardest one to deal with for all bio...

CureVac Stock Just Got Upgraded. It’s Now a Competitor in mRNA Vaccines.

CureVac is ready to compete in the big leagues with its vaccines, according to a UBS analyst who says the soaring stock has more room to rise. UBS analyst Eliana Merle upgraded the shares (ticker: CVA...

AbbVie cuts earnings forecast due to milestone payments

AbbVie Inc. executives lowered their outlook for the quarter and year in a filing with the Securities and Exchange Commission late Friday, which cited research and development expenses and milestone p...

Why Pfizer Is Pulling Back on Research Into Rare Disease, Gene Therapy

Pfizer is planning to pull back on early-stage research into treatments for rare diseases, including the development of new viral-based gene therapies, the company told employees on Thursday afternoon...

Moderna Stock Takes Off on Cancer Vaccine News

Moderna stock shot up after Merck said it is exercising an option to work on a personalized cancer vaccine with the Covid-19 vaccine maker. Merck (ticker: MRK) will pay Moderna (MRNA) $250 million for...

Intellia Investors Are Dumping Stock on News of Crispr Gene-Editing Success

Text size Intellia CEO John Leonard called the results a vindication of the company’s modular approach to Crispr therapies. Courtesy Intellia Therapeutics Patients who got a one-time gene-editin...

U.K. Tobacco Company Imperial Brands Is a Good Bet Against Inflation

Tobacco companies as a whole have historically been one of the most recession-resistant industries. Dreamstime Text size Stockholders have had a rough time this year, with surging inflation and fears ...

Renault Sells Russia Business to State-Backed Entity for One Ruble

PARIS—French auto maker Renault SA has reached a deal to cede its 68% stake in Russia’s biggest car maker to a state-backed entity for one ruble and a six-year option to buy back its shares, according...

Tesla, GM, and Volkswagen Each Lead the Car Industry in R&D Spending

Text size A Tesla car at the company’s new factory in Germany. Christian Marquardt — Pool/Getty Images Does Tesla spend the most money on research and development? Or is it General Motors? Or Vo...

Biogen’s stock tumbles after the U.S. proposes restricting access to its Alzheimer’s disease drug

Biogen Inc.’s BIIB, -8.92% stock sank 9.3% in premarket trading on Wednesday, the day after regulators proposed limiting access to the class of Alzheimer’s disease drugs that includes the company’s th...