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The Week Ahead In Biotech (March 7-13): Conference Presentations And More Earnings

the-week-ahead-in-biotech-(march-7-13):-conference-presentations-and-more-earnings

Biotech stocks continued to move southward in the week ended March 5, as the broader market extended its sell-off. Though light on news, the week did witness earnings releases from smaller biopharma companies, coronavirus vaccine program updates, mixed FDA rulings and clinical readouts.

Morphic Holding Inc (NASDAQ:MORF) was among the biggest gainers of the week after the company reported a positive early-stage readout in inflammatory bowel disease patients.

M&A momentum continued, as Amgen Inc. (AMGN) announced a deal to buy Five Prime Therapeutics, Inc. (NASDAQ:FPRX) in an $1.9-billion all-cash deal.

Here are the key catalysts for the unfolding week:

Conferences

Chardan’s 3rd Annual Microbiome Medicines Summit: March 8

H.C. Wainwright Global Life Sciences Conference: March 9-11

Barclays Global Healthcare Conference: March 9-11

15th International Conference on Alzheimer’s and Parkinson’s disease: March 9-14

Clinical Readouts

Prothena Corporation plc (NASDAQ:PRTA) will present at the Alzheimer’s and Parkinson’s disease conference new preclinical data on a treatment for Alzheimer’s disease. The treatment targets an anti-tau antibody, which is thought to play a role in the disease. The company says targeting a certain antibody called a novel epitope with PRX005 has shown superior results. The presentation is scheduled for Thursday, March 11, between 7:30 a.m. and 7:45 a.m.

Earnings

Monday

Minerva Neurosciences, Inc. (NASDAQ:NERV) (before the market open)


Syndax Pharmaceuticals, Inc. (NASDAQ:SNDX) (after the close)


Castle Biosciences, Inc. (NASDAQ:CSTL) (after the close)


SI-BONE, Inc. (NASDAQ:SIBN) (after the close)


Avadel Pharmaceuticals plc (NASDAQ:AVDL) (after the close)

Related Link: Attention Biotech Investors: Mark Your Calendar For March PDUFA Dates

Tuesday

Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) (before the market open)


Trevena, Inc. (NASDAQ:TRVN) (before the market open)


InspireMD, Inc. (NYSE:NSPR) (before the market open)


Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) (before the market open)


DarioHealth Corp. (NASDAQ:DRIO) (before the market open)


Gamida Cell Ltd. (NASDAQ:GMDA) (before the market open)


Evelo Biosciences, Inc. (NASDAQ:EVLO) (before the market open)


ANI Pharmaceuticals, Inc. (NASDAQ:ANIP) (before the market open)


Aquestive Therapeutics, Inc. (NASDAQ:AQST) (after the close)


Brickell Biotech, Inc. (NASDAQ:BBI) (after the close)


Cytosorbents Corporation (NASDAQ:CTSO) (after the close)


Cumberland Pharmaceuticals Inc. (NASDAQ:CPIX) (after the close)


MiMedx Group, Inc. (NASDAQ:MDXG) (after the close)


Inari Medical, Inc. (NASDAQ:NARI) (after the close)


Lyra Therapeutics, Inc. (NASDAQ:LYRA) (after the close)

Wednesday

Bio-Path Holdings, Inc. (NASDAQ:BPTH) (before the market open)


Harvard Bioscience, Inc. (NASDAQ:HBIO) (before the market open)


BioDelivery Sciences International, Inc. (NASDAQ:BDSI) (before the market open)


Clearside Biomedical, Inc. (NASDAQ:CLSD) (after the close)


DiaMedica Therapeutics Inc. (NASDAQ:DMAC) (after the close)


Five Prime Therapeutics (NASDAQ:FPRX) (after the close)


Flexion Therapeutics, Inc. (NASDAQ:FLXN) (after the close)


Harpoon Therapeutics, Inc. (NASDAQ:HARP) (after the close)


Lantern Pharma Inc. (NASDAQ:LTRN) (after the close)


TFF Pharmaceuticals, Inc. (NASDAQ:TFFP) (after the close)


Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) (after the close)


Protagonist Therapeutics, Inc. (NASDAQ:PTGX) (after the close)


OrthoPediatrics Corp. (NASDAQ:KIDS) (after the close)

Thursday

Burning Rock Biotech Limited (NASDAQ:BNR) (before the market open)


BioXcel Therapeutics, Inc. (NASDAQ:BTAI) (before the market open)


Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) (before the market open)


Achieve Life Sciences, Inc. (NASDAQ:ACHV) (after the close)


Capricor Therapeutics, Inc. (NASDAQ:CAPR) (after the close)


Lineage Cell Therapeutics, Inc. (NYSE:LCTX) (after the close)


Geron Corporation (NASDAQ:GERN) (after the close)


Chembio Diagnostics, Inc. (NASDAQ:CEMI) (after the close)


Ocular Therapeutix, Inc. (NASDAQ:OCUL) (after the close)


Nabriva Therapeutics plc (NASDAQ:NBRV) (after the close)

Related Link: Johnson & Johnson Secures Emergency Authorization For Its Single-Shot COVID-19 Vaccine

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