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AstraZeneca shares oversold after trial flops and merger talk, says UBS
Proactive8d agoneutral
AstraZeneca shares oversold after trial flops and merger talk, says UBS

UBS has told investors that the recent slide in AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) shares has gone too far, keeping its buy rating on the FTSE 100 drugmaker even after two clinical setbacks and speculation about a mega-merger. The stock has fallen roughly 15% since early July, when two...

Novartis Trial Failure Serves as Cautionary Tale for Pharma M&A
The Wall Street Journal16d agoneutral
Novartis Trial Failure Serves as Cautionary Tale for Pharma M&A

Novartis’ latest trial setback serves a cautionary tale for investors betting on big pharma’s strategy of making bite-size acquisitions to bolster their drug pipelines. In theory, smaller deals offer big pharma access to promising and potentially lucrative drugs without the risk inherent in big bets.

Investing.com24d agobullish
Jefferies starts biopharma firm Braveheart at Buy after IPO

Investing.com -- Jefferies initiated coverage of Braveheart Bio with a Buy rating and a $48 price target, implying roughly 75% upside from the stock’s prior closing price. The move comes after the company priced its initial public offering (IPO) at $18 per share earlier this month, raising $382.5 million in one of the largest biotech debuts of 2026.

Healthcare Investing Is Now an AI Short in Disguise
The Wall Street Journal44d agoneutral
Healthcare Investing Is Now an AI Short in Disguise

For years, healthcare and semiconductor stocks weren’t particularly tied to each other. In other words, they increasingly go in opposite directions: when chips sell off, healthcare has tended to catch a bid. After years of underperformance, healthcare investors are enjoying a burst of momentum amid the recent nervousness around AI.

Xenon Pharmaceuticals Q2 Earnings Call Highlights
MarketBeat48d agoneutral
Xenon Pharmaceuticals Q2 Earnings Call Highlights

10x Genomics reported second-quarter revenue of $151 million, including $1.6 million in license and royalty revenue tied to its settlement with Takara Bio. Excluding non-recurring settlement revenue in both periods, revenue was $149.4 million, up 3% from the prior-year quarter. Chief Executive Offi

Deal or No Deal, AstraZeneca Stock Is a Bargain
The Wall Street Journal49d agoneutral
Deal or No Deal, AstraZeneca Stock Is a Bargain

Few big-pharma bosses enjoy a stronger reputation on Wall Street than AstraZeneca’s chief executive, Pascal Soriot. After plunging on a Financial Times report of merger discussions with Bristol-Myers Squibb shares of AstraZeneca recovered somewhat when Reuters reported there are no ongoing talks. After rebuffing Pfizer’s $120 billion takeover bid in 2014, he steadily transformed AstraZeneca into one of the drug industry’s top growth stories.

Schrodinger Q2 Earnings Call Highlights
MarketBeat49d agoneutral
Schrodinger Q2 Earnings Call Highlights

Schrodinger (NASDAQ:SDGR) said second-quarter annual contract value growth accelerated as demand broadened across large pharmaceutical customers, biotechnology companies and materials-science customers, while the company launched early access for Bunsen, its agentic AI co-scientist. Second-quarter

💬 Money Quote: Novo Nordisk CEO
The Wall Street Journal50d agoneutral
💬 Money Quote: Novo Nordisk CEO

📣"I don't know the needs of the two competitors that are right now trying to talk to each other, but we don't see a need for a transformative M&A right now." —Mike Doustdar, CEO of Ozempic maker Novo Nordisk in an interview with the Journal, referring to a recent Financial Times report that AstraZeneca and Bristol Myers Squibb held talks over a tie-up.

AZN rebounds after report dismisses AstraZeneca-Bristol Myers merger speculation
InvestorsHub50d agobearish
AZN rebounds after report dismisses AstraZeneca-Bristol Myers merger speculation

AstraZeneca (NASDAQ:AZN) shares climbed around 6% on Wednesday after Reuters reported that there are “no discussions” between the company and Bristol Myers Squibb (NYSE:BMY) regarding a potential merger, contradicting recent speculation that had unsettled investors. The report eased concerns surrounding a deal that, if completed, would have created a pharmaceutical group valued at close to $400 billion.