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Archive for the ‘Biotechnology’ Category

PhagoMed Biopharma GmbH, (PhagoMed) a pre-clinical biotechnology company targeting bacterial pathogens announced today that its Chief Executive…

Friday, January 10th, 2020

Presenting at the Biotech Showcase, 2020 Tuesday, January 14, 2020 10:30 am PST

PhagoMed's presentation at Biotech Showcase will cover its proprietary engineering platform, its lead assets and an outlook to the plans for 2020 and beyond

VIENNA / ACCESSWIRE / January 8, 2020 / PhagoMed Biopharma GmbH, (PhagoMed) a pre-clinical biotechnology company targeting bacterial pathogens in antibiotic resistance and microbiome settings, announced today that its chief executive officer, Alexander Belcredi, will present at the Biotech Showcase 2020 conference being held January 13-15, 2020 at the Hilton San Francisco Union Square in San Francisco, California.

To view the full release with downloadable visuals and more, click here.

Key Takeaways

About PhagoMed

PhagoMed develops phage-based drug candidates to provide a solution in these settings where antibiotics fail. Phages are natural viruses that infect and kill bacteria. Phages and their proteins (such as lysins) are also highly precise and only target individual bacterial species. PhagoMed has developed a proprietary engineering platform to develop drug-grade phages and lysins. During 2019 the team validated the platform and generated two proprietary drug prototypes in two indications of high medical need: a phage cocktail to treat implant-associated infections and a recombinant endolysin to treat Bacterial Vaginosis and re-stabilize the vaginal microbiome.

Contact:

Alexander BelcrediAlexander.belcredi@phagomed.com+43-676 38 11 082CEO | Business & Finance

SOURCE: Phagomed

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Global Agriculture Biotechnology Market Perspective with Study of Leading Players and Revenue to Significant Growth Forecast by 2030 – Primo Journal

Friday, January 10th, 2020

In this Agriculture Biotechnology Market Global Industry Analysis & Forecast to 2030 research report, the central factors driving the advancement of this industry were recorded and the business accessories and end overseers were indulgent. This statistical surveying Agriculture Biotechnology report investigates and inspects the industry and determines a widely inclusive estimate of its development and its details. Another perspective that was efficient is the cost analysis of the prime products driving in the Agriculture Biotechnology Industry remembering the overall revenue of the manufacturers.

The following key Agriculture Biotechnology Market insights and pointers are covered during this report:

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The prime manufacturers covered during this report are:

Detail Segmentation:

Global agriculture biotechnology market by type:

Global agriculture biotechnology market by application:

Global agriculture biotechnology market by region:

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The report is an entire guide in providing complete Agriculture Biotechnology processes, cost structures, raw materials, investment feasibility, and investment return analysis. The SWOT analysis, market growth, production, profit, and supply-demand statistics are offered

The historical and future trends, prices, product demand, prospects, and Agriculture Biotechnology marketing channels are stated. The current business and progressions, future methodologies, market entrants are explained. The consumers, distributors, manufacturers, traders, and dealers in Business Intelligence (Bi) Software Market are covered. A comprehensive research methodology, market size estimation, market breakdown, and data triangulation is roofed.

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SAs top matriculant to focus on molecular biology and biotechnology – Eyewitness News

Friday, January 10th, 2020

Madeleine Dipenaar has already been to the US space agency Nasa in Houston Texas where she met astronauts testing travel to Mars.

South Africa's top matriculant from the class of 2019, Madeleine Dippenaar. Picture: Kayleen Morgan/EWN

JOHANNESBURG - Madeleine Dipenaar from the Northern Cape is the top-performing pupil of 2019.

The young South African woman has already been to the US space agency Nasa in Houston Texas where she met astronauts testing travel to Mars.

Dipenaar is the second of three girls in her home. She said she had been top of her class since grade 8 but she never expected to top the whole country.

I was shocked when I got the call. I thought I could be top 10 provincially but not nationally.

Madeleine was one of two students from South Africa who visited Nasa in 2018 to study a project about human travel to Mars.

Her interest is in biology.

Im going to study molecular biology and biotechnology.

Madeleine said that she had yet to decide what to do with the qualifications she would acquire.

To get your results, visit matric.ewn.co.za

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Introducing Medigen Biotechnology (GTSM:3176), The Stock That Slid 62% In The Last Five Years – Simply Wall St

Monday, December 30th, 2019

We think intelligent long term investing is the way to go. But unfortunately, some companies simply dont succeed. For example, after five long years the Medigen Biotechnology Corp. (GTSM:3176) share price is a whole 62% lower. We certainly feel for shareholders who bought near the top.

View 2 warning signs we detected for Medigen Biotechnology

Medigen Biotechnology wasnt profitable in the last twelve months, it is unlikely well see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesnt make profits, wed generally expect to see good revenue growth. Thats because its hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

In the last half decade, Medigen Biotechnology saw its revenue increase by 5.6% per year. Thats not a very high growth rate considering it doesnt make profits. This lacklustre growth has no doubt fueled the loss of 17% per year, in that time. Wed want to see proof that future revenue growth is likely to be significantly stronger before getting too interested in Medigen Biotechnology. When a stock falls hard like this, some investors like to add the company to a watchlist (in case the business recovers, longer term).

The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).

Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.

Its nice to see that Medigen Biotechnology shareholders have received a total shareholder return of 49% over the last year. Theres no doubt those recent returns are much better than the TSR loss of 17% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, weve discovered 2 warning signs for Medigen Biotechnology (of which 1 is major) which any shareholder or potential investor should be aware of.

But note: Medigen Biotechnology may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on TW exchanges.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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Introducing Medigen Biotechnology (GTSM:3176), The Stock That Slid 62% In The Last Five Years - Simply Wall St

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$1.14 Earnings Per Share Expected for BIO-TECHNE Corp (NASDAQ:TECH) This Quarter – Riverton Roll

Monday, December 30th, 2019

Equities research analysts forecast that BIO-TECHNE Corp (NASDAQ:TECH) will report earnings of $1.14 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for BIO-TECHNEs earnings. The lowest EPS estimate is $1.12 and the highest is $1.16. BIO-TECHNE reported earnings of $1.06 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.5%. The company is expected to report its next quarterly earnings report on Tuesday, February 4th.

On average, analysts expect that BIO-TECHNE will report full-year earnings of $4.94 per share for the current year, with EPS estimates ranging from $4.85 to $5.04. For the next year, analysts expect that the business will post earnings of $5.77 per share, with EPS estimates ranging from $5.45 to $6.07. Zacks earnings per share averages are an average based on a survey of research analysts that cover BIO-TECHNE.

BIO-TECHNE (NASDAQ:TECH) last posted its earnings results on Tuesday, October 29th. The biotechnology company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.14. The firm had revenue of $183.24 million during the quarter, compared to analysts expectations of $179.38 million. BIO-TECHNE had a return on equity of 13.36% and a net margin of 12.68%. The firms revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.98 earnings per share.

Several equities research analysts recently weighed in on TECH shares. TheStreet upgraded BIO-TECHNE from a c+ rating to a b- rating in a research note on Wednesday, November 27th. ValuEngine cut BIO-TECHNE from a buy rating to a hold rating in a research note on Tuesday, December 3rd. BidaskClub upgraded BIO-TECHNE from a sell rating to a hold rating in a research note on Tuesday, September 17th. Zacks Investment Research cut BIO-TECHNE from a hold rating to a sell rating in a research note on Saturday, November 2nd. Finally, Stifel Nicolaus started coverage on BIO-TECHNE in a research note on Thursday, November 14th. They issued a buy rating and a $235.00 price objective for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the companys stock. The stock has an average rating of Hold and a consensus target price of $224.50.

In other BIO-TECHNE news, CEO Charles R. Kummeth sold 703 shares of the businesss stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $222.01, for a total value of $156,073.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Roeland Nusse sold 8,347 shares of the businesss stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $219.33, for a total value of $1,830,747.51. Following the completion of the sale, the director now owns 15,721 shares of the companys stock, valued at approximately $3,448,086.93. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,271 shares of company stock valued at $7,503,700. 4.20% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. Invesco Ltd. raised its stake in shares of BIO-TECHNE by 97.1% during the second quarter. Invesco Ltd. now owns 1,064,196 shares of the biotechnology companys stock worth $221,874,000 after purchasing an additional 524,216 shares during the last quarter. Nuveen Asset Management LLC raised its stake in shares of BIO-TECHNE by 6,323.4% during the second quarter. Nuveen Asset Management LLC now owns 126,091 shares of the biotechnology companys stock worth $26,289,000 after purchasing an additional 124,128 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of BIO-TECHNE by 229.8% during the second quarter. BNP Paribas Arbitrage SA now owns 47,344 shares of the biotechnology companys stock worth $9,871,000 after purchasing an additional 32,989 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of BIO-TECHNE by 3.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 951,301 shares of the biotechnology companys stock worth $186,141,000 after purchasing an additional 31,700 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. raised its stake in shares of BIO-TECHNE by 20.2% during the third quarter. Candriam Luxembourg S.C.A. now owns 129,857 shares of the biotechnology companys stock worth $25,000 after purchasing an additional 21,840 shares during the last quarter. Institutional investors own 93.11% of the companys stock.

TECH stock traded down $5.29 during trading on Friday, hitting $213.02. 122,699 shares of the companys stock were exchanged, compared to its average volume of 117,811. The business has a 50-day moving average price of $212.32 and a two-hundred day moving average price of $204.52. The stock has a market capitalization of $8.22 billion, a price-to-earnings ratio of 56.06, a PEG ratio of 4.61 and a beta of 1.23. BIO-TECHNE has a 52-week low of $132.75 and a 52-week high of $222.87. The company has a current ratio of 4.44, a quick ratio of 3.41 and a debt-to-equity ratio of 0.47.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Thursday, November 7th. BIO-TECHNEs dividend payout ratio is currently 33.68%.

BIO-TECHNE Company Profile

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells biotechnology reagents, instruments, and clinical diagnostic controls worldwide. It operates in three segments: Biotechnology, Protein Platforms, and Diagnostics. The Biotechnology segment offers specialized proteins, such as cytokines and growth factors, immunoassays, antibodies, and related reagents to the biotechnology research community; and in situ hybridization, media, and other cell culture products and reagents.

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Stoke Therapeutics Added to NASDAQ Biotechnology Index – Business Wire

Saturday, December 28th, 2019

BEDFORD, Mass.--(BUSINESS WIRE)--Stoke Therapeutics, Inc. (Nasdaq:STOK), a biotechnology company pioneering a new way to treat the underlying cause of severe genetic diseases by precisely upregulating protein expression, today announced that it has been selected for addition to the NASDAQ Biotechnology Index (Nasdaq:NBI). This addition is effective prior to market open today.

The NASDAQ Biotechnology Index tracks the performance of a set of NASDAQ-listed securities that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark. Selected companies must meet eligibility requirements, including minimum market capitalization, average daily trading volume and seasoning as a public company, among other criteria. The NASDAQ Biotechnology Index is re-ranked annually and forms the basis for a number of Exchange Traded Funds (ETFs), including the iShares NASDAQ Biotechnology ETF. For more information about the NASDAQ Biotechnology Index visit https://indexes.nasdaqomx.com/Index/Overview/NBI.

About Stoke TherapeuticsStoke Therapeutics, Inc. (Nasdaq:STOK), is a biotechnology company pioneering a new way to treat the underlying causes of severe genetic diseases by precisely upregulating protein expression to restore target proteins to near normal levels. Stoke aims to develop the first precision medicine platform to target the underlying cause of a broad spectrum of genetic diseases in which the patient has one healthy copy of a gene and one mutated copy that fails to produce a protein essential to health. These diseases, in which loss of approximately 50% of normal protein expression causes disease, are called autosomal dominant haploinsufficiencies. The companys lead investigational new medicine is STK-001, a proprietary antisense oligonucleotide (ASO) that has the potential to be the first disease-modifying therapy to address the genetic cause of Dravet syndrome, a severe and progressive genetic epilepsy. Stoke is headquartered in Bedford, Massachusetts with offices in Cambridge, Massachusetts. For more information, visit https://www.stoketherapeutics.com/ or follow the company on Twitter at @StokeTx.

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Biotechnology Based Chemicals Market Key Players, Industry Overview and Forecast Analysis by 2020 – Market Research Sheets

Saturday, December 28th, 2019

Biotechnology is a technological application that uses living organisms, biological systems or derivatives to produce or modify products or processes for specific use. Biotechnology encompasses a wide range of procedures required for modifying living organisms to fulfill various demands for domestic as well as industrial applications. Thus, biotechnology is a general term that is used for a wide range of techniques that are involved in the production, transformation or degradation of the desired product. Biotechnology based chemicals are the products that are manufactured by applying various techniques such as fermentation. Biotechnology based chemicals comprises polyhydroxyalkanoates, lactic acid, lysine, citric acid, glutamic acid and threonine. The technology used in manufacturing biotechnology based chemicals are simple however, the entire production process should be carried out under the supervision of trained personnel. Glutamic acid is the most widely used amino acid manufactured as well as consumed in the world. Biotechnology based chemicals find application in pharmaceuticals, food industry, animal feed and consumer goods manufacturing industries among others.

Pharmaceutical industry is the largest consumer of biotechnology based chemicals. The growing demand for natural medicines than that compared to synthetic chemicals is expected to augment the overall demand for biotechnology based chemicals. In addition, growing awareness of the several side effects associated with the chemical drugs is expected to boost the overall biotechnology based chemicals market. The animal feed industry is also one of the major consumers of biotechnology based chemicals market. The growing demand for lysine in animal feed is expected to boost the overall demand for biotechnology chemicals market. Lactic acid finds applications in a wide range of industries. The growing demand for manufacturing polylactic acid (PLA) plastics boost the demand for lactic acid which in turn is expected to augment the overall biotechnology based chemicals market. However, high cost associated with the manufacturing of biotechnology based chemicals is expected to restrain the overall growth of the market.

The growing demand for pharmaceutical products has expected to augment the overall demand for biotechnology based chemicals in China. China is the largest consumer of biotechnology based chemicals market. The growing demand for citric acid especially from the food and beverage industry in China is expected to augment the overall demand for biotechnology based chemicals market. North America is expected to be the next largest consumer of biotechnology based chemicals owing to the growing consumer preference for natural products. The demand for biotechnology based chemicals is expected to grow rapidly owing to the presence of dominant animal feed and other end use industries in Europe.

Lysine is a crucial ingredient used in the animal feed for swine and poultry feeds. Thus, the growing demand for animal feed is expected to boost the overall demand for biotechnology based chemicals market. Rest of Asia Pacific is expected to experience rapid growth in the demand for biotechnology based chemicals owing to the growing pharmaceutical industry in the region. However, Rest of the World is expected to exhibit sluggish growth in the demand for biotechnology based chemicals in the next few years.

Kemin, BioAmber Inc. and Stora Enso are some of the major participants in the biotechnology based chemicals market. The companys present in the focus mainly towards research as they intend to introduce innovative products in the market.

This post was originally published on Market Research Sheets

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Puma Biotechnology, Inc. [PBYI] could give the highest percentage gains? Check Out this Analysis – The Dwinnex

Saturday, December 28th, 2019

Puma Biotechnology, Inc. [PBYI] took an upward turn with a change of -1.36%, trading at the price of $8.73 during the trading session on . The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 528911 shares changed hands being bought and sold, while Puma Biotechnology, Inc. shares have an average trading volume of 1.76M shares for that time period. PBYI monthly volatility recorded 10.00%, in the meanwhile having share price volatility for the week set at 8.87%. PS value for PBYI stocks is 1.29 with PB recorded at 20.11.

Its stock price has been found in the range of 6.26 to 43.90. This is compared to its latest closing price of $8.85.

Keep on the lookout for this organizations next scheduled financial results, which are expected to be made public on Thu 27 Feb (In 62 Days).

Now lets turn to look at profitability: with a current Operating Margin for Puma Biotechnology, Inc. [PBYI] sitting at -37.72 and its Gross Margin at +86.21, this companys Net Margin is now -33.90%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This companys Return on Total Capital is -65.75, and its Return on Invested Capital has reached -55.70%. Its Return on Equity is -259.28, and its Return on Assets is -53.49. These metrics suggest that this Puma Biotechnology, Inc. does a poor job of managing its assets, and likely wont be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organizations capital structure, Puma Biotechnology, Inc. [PBYI] has generated a Total Debt to Total Equity ratio of 442.74. Similarly, its Total Debt to Total

What about valuation? This companys Enterprise Value to EBITDA is -3.71. The Enterprise Value to Sales for this firm is now 1.15, and its Total Debt to Enterprise Value stands at 0.20. Puma Biotechnology, Inc. [PBYI] has a Price to Book Ratio of 22.73.

Shifting the focus to workforce efficiency, Puma Biotechnology, Inc. [PBYI] earns $922,761 for each employee under its payroll. Similarly, this companys Receivables Turnover is 15.88 and its Total Asset Turnover is 1.18. This publicly-traded organizations liquidity data is also interesting: its Quick Ratio is 2.99 and its Current Ratio is 3.02. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

Puma Biotechnology, Inc. [PBYI] has 40.85M shares outstanding, amounting to a total market cap of $361.52M. Its stock price has been found in the range of 6.26 to 43.90. At its current price, it has moved down by -80.11% from its 52-week high, and it has moved up 39.46% from its 52-week low.

This stocks Beta value is currently 1.64, which indicates that it is 8.87% more volatile that the wider market. This stocks Relative Strength Index (RSI) is at 50.71. This RSI score is good, suggesting this stock is neither overbought or oversold.

Shares of Puma Biotechnology, Inc. [PBYI], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this companys financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.

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Puma Biotechnology, Inc. [PBYI] could give the highest percentage gains? Check Out this Analysis - The Dwinnex

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The global liquid handling technology market is expected to reach US$ 5705.63 Mn in 2027 from US$ 3201.36 Mn in 2018 – P&T Community

Saturday, December 28th, 2019

NEW YORK, Dec. 23, 2019 /PRNewswire/ --

The global liquid handling technology market is expected to reach US$ 5,705.63 Mn in 2027 from US$ 3,201.36 Mn in 2018. The market is estimated to grow with a CAGR of 6.7% from 2019-2027.

Read the full report: https://www.reportlinker.com/p05833605/?utm_source=PRN

The key factors that are driving the growth of liquid handling technology market are increasing drug discovery activities, growing biopharmaceutical industry and rising research and development expenses. Whereas, the market is expected to have slow growth due to the scarcity of skilled professionals during the forecast period.In the past few years, the biopharmaceutical industry has experienced exponential growth and is growing in the developing region at an extraordinary pace.The North American region owe highly advanced techniques that enable it to offers more of the biotechnology products in the market.

Regions such as Europe and the Asia Pacific have speeded up their investments and interest in the field of biotechnology, whereas regions such as South and Central America and the Middle East are developing their biotechnology industry significantly.Developed regions are consolidated with various market leaders and are experiencing a rising number of start-up biotechnology companies.The developing regions are collaborating with various market leaders and government entities to expand research and development activities in the biotechnology sector.

For instance, North American and European biotechnology sectors are heading towards the Asia Pacific region due to increased clinical activities. Since 2016, in the Asia Pacific, there are has been an increase in clinical activities from the biotech companies approximately by 26%.The biotechnology industry is also experiencing rising initiatives by the government and private bodies. For instance, in September 2017, the U.S.-Ukraine Foundation has launched a new biotechnology initiative to support the developments in the field of biotechnology, which resulted in the exertion to build new networking opportunities. Also, the U.S.-Ukraine Foundation has become a member of the Biotechnology Innovation Organization (BIO) and is the global leader of the trade association representing biotechnology companies, state biotechnology centers, academic institutions, and related organizations across the United States and more than 30 other nations.Thus, owing to the rise in biotechnology sector, increasing initiatives and growing clinical activities in the biotechnology industry are likely to increase the growth of the liquid handling technology market during the forecast period.The liquid handling technology market is segmented on the basis of product, type, application and end user.The market based on product segment is classified as automated workstations, small devices, consumables.

On the basis of type the market is classified as automated liquid handling, manual liquid handling, and semi-automated liquid handling. Based on the application segment market is divided into drug discovery & ADME-Tox Research, cancer and genomic research, bioprocessing/biotechnology. Based on end user the market is categorized as pharmaceutical and biotechnology companies, contract research organization, academic and research institutes

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Pharmaceutical industry mounts opposition to states effort to curb drug costs – The Boston Globe

Saturday, December 28th, 2019

As they finalize rules to control the cost of prescription drugs, state officials are meeting new resistance from the pharmaceutical industry.

Legislators and Governor Charlie Baker approved a change in law this summer that allows the administration to curb drug costs in the state Medicaid program, or MassHealth, by negotiating discounts directly with drug companies. If negotiations are unsuccessful, the administration can establish a target value for certain high-cost drugs, hold a public hearing, and refer the matter to the Health Policy Commission, a watchdog agency, for further review.

Then, the commission can demand more information from drug makers, but that information would remain out of public view.

Administration officials and the Health Policy Commission have been drafting detailed regulations to implement the law. But the Massachusetts Biotechnology Council, which represents biopharmaceutical companies, said the proposed regulations go too far.

We have strong concerns, said Zachary Stanley, a spokesman for MassBio. We think they are going beyond what the enabling law allows them to.

Stanley said drug makers are particularly worried that the administration wants to publicly post the target value of drugs. And theyre troubled by the amount and type of information that the Health Policy Commission plans to require from companies that are undergoing a review. For example, companies dont want to disclose the net prices that various insurance companies pay for their drugs or share their research and development costs.

The Pharmaceutical Research and Manufacturers of America, or PhRMA, raised similar issues, telling state officials it is deeply concerned about several aspects of the proposed regulations.

Baker first proposed a plan to tackle drug costs in MassHealth in January and drew immediate fire from pharmaceutical lobbyists. The proposal made for a lengthy debate at the State House. In late July, state lawmakers finally approved a version of Bakers plan but softened some of the language. At the time, MassBio called it a good compromise.

At this point, we want to make sure the law is enacted faithfully to what the Legislature intended, Stanley said.

Drug company lobbyists have argued that controls on prices could stifle innovation, particularly in the biotech hub of Massachusetts, where research labs represent an important piece of the economy.

But as drug costs continue rising for patients and for state governments policy makers have continued to target pharmaceutical companies.

In October, Baker filed a sweeping health care bill that would subject high-cost drugs to further state oversight and penalize companies that raise the price of any drug too sharply.

And in November, the Senate passed a bill that allows state officials to determine fair values for expensive medicines and to cap out-of-pocket costs for insulin.

House leaders are expected to introduce health care legislation in the new year.

Many organizations, including the consumer group Health Care For All, support stronger controls on prescription prices.

A coalition including Health Care For All, AARP Massachusetts, the Greater Boston Interfaith Organization, the Massachusetts Medical Society, and other groups told state officials this month that the proposed MassHealth regulations will save money for the state and taxpayers, while also protecting the 1.8 million residents who rely on the MassHealth program for their health care.

Some of the new MassHealth drug pricing provisions are already in effect. Since the law was enacted this summer, MassHealth officials said they already have negotiated discounts with five drug companies for 11 drugs, saving about $10 million.

Before discounts, the cost of drugs in MassHealth has grown to about $1.9 billion per year.

The administration and the Health Policy Commission plan to finalize their regulations over the next several weeks.

At a recent public hearing, Dr. John Christian Kryder, a board member of the Health Policy Commission, noted the difficult task for state officials.

The tradeoffs here are enormous if we dont get it right and create an environment where drug development does not occur, he said.

Priyanka Dayal McCluskey can be reached at priyanka. mccluskey@globe.com. Follow her on Twitter @priyanka_dayal.

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Is Odonate Therapeutics Inc (ODT) a Winner or a Loser in the Biotechnology Industry – InvestorsObserver

Saturday, December 28th, 2019

Odonate Therapeutics Inc (ODT) is near the top in its industry group according to InvestorsObserver. ODT gets an overall rating of 46. That means it scores higher than 46 percent of stocks. Odonate Therapeutics Inc gets a 51 rank in the Biotechnology industry. Biotechnology is number 63 out of 148 industries.

Click Here to get the full Stock Score Report on Odonate Therapeutics Inc (ODT) Stock.

Finding the best stocks can be tricky. It isnt easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObservers tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

Odonate Therapeutics Inc (ODT) stock is down -3.69% while the S&P 500 has gained 0.03% as of 9:57 AM on Friday, Dec 27. ODT is down -$1.09 from the previous closing price of $29.53 on volume of 2,310 shares. Over the past year the S&P 500 is higher by 30.22% while ODT has gained 141.43%. ODT lost -$4.36 per share the over the last 12 months.

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Here is What Hedge Funds Think About Unity Biotechnology, Inc. (NUBX) – Yahoo Finance

Saturday, December 28th, 2019

It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory winners by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index returns are more affected by a few outlier stocks (i.e. the FAANG stocks dominating and driving S&P 500 Index's returns in recent years), more than 50% of the constituents of the Standard and Poors 500 Index underperform the benchmark. Hence, if you randomly pick a stock, there is more than 50% chance that you'd fail to beat the market. At the same time, the 20 most favored S&P 500 stocks by the hedge funds monitored by Insider Monkey generated an outperformance of more than 8 percentage points so far in 2019. Of course, hedge funds do make wrong bets on some occasions and these get disproportionately publicized on financial media, but piggybacking their moves can beat the broader market on average. That's why we are going to go over recent hedge fund activity in Unity Biotechnology, Inc. (NASDAQ:UBX).

Unity Biotechnology, Inc. (NASDAQ:UBX) was in 4 hedge funds' portfolios at the end of September. UBX shareholders have witnessed a decrease in hedge fund interest recently. There were 5 hedge funds in our database with UBX positions at the end of the previous quarter. Our calculations also showed that UBX isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video below for Q2 rankings). Video: Click the image to watch our video about the top 5 most popular hedge fund stocks.

5 Most Popular Stocks Among Hedge Funds

Why do we pay any attention at all to hedge fund sentiment? Our research has shown that hedge funds' large-cap stock picks indeed failed to beat the market between 1999 and 2016. However, we were able to identify in advance a select group of hedge fund holdings that outperformed the Russell 2000 ETFs by 40 percentage points since May 2014 (see the details here). We were also able to identify in advance a select group of hedge fund holdings that'll significantly underperform the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 27.8% through November 21, 2019. That's why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to.

Ken Griffin of Citadel Investment Group

We leave no stone unturned when looking for the next great investment idea. For example Discover is offering this insane cashback card, so we look into shorting the stock. One of the most bullish analysts in America just put his money where his mouth is. He says, "I'm investing more today than I did back in early 2009." So we check out his pitch. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. We even check out this option genius' weekly trade ideas. This December, we recommended Adams Energy as a one-way bet based on an under-the-radar fund manager's investor letter and the stock already gained 20 percent. Keeping this in mind let's take a gander at the latest hedge fund action surrounding Unity Biotechnology, Inc. (NASDAQ:UBX).

Story continues

At the end of the third quarter, a total of 4 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of -20% from the previous quarter. The graph below displays the number of hedge funds with bullish position in UBX over the last 17 quarters. With hedge funds' positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were increasing their holdings considerably (or already accumulated large positions).

Is UBX A Good Stock To Buy?

Of the funds tracked by Insider Monkey, Citadel Investment Group, managed by Ken Griffin, holds the biggest position in Unity Biotechnology, Inc. (NASDAQ:UBX). Citadel Investment Group has a $2.3 million position in the stock, comprising less than 0.1%% of its 13F portfolio. Coming in second is Millennium Management, managed by Israel Englander, which holds a $1.3 million position; less than 0.1%% of its 13F portfolio is allocated to the stock. Other peers that are bullish consist of Oleg Nodelman's EcoR1 Capital, Paul Marshall and Ian Wace's Marshall Wace and . In terms of the portfolio weights assigned to each position EcoR1 Capital allocated the biggest weight to Unity Biotechnology, Inc. (NASDAQ:UBX), around 0.04% of its 13F portfolio. Millennium Management is also relatively very bullish on the stock, dishing out 0.0021 percent of its 13F equity portfolio to UBX.

Seeing as Unity Biotechnology, Inc. (NASDAQ:UBX) has witnessed declining sentiment from the smart money, it's safe to say that there exists a select few money managers who sold off their full holdings in the third quarter. It's worth mentioning that Michael Castor's Sio Capital dumped the largest position of the "upper crust" of funds monitored by Insider Monkey, valued at close to $1 million in stock. Mike Vranos's fund, Ellington, also dropped its stock, about $0.1 million worth. These transactions are intriguing to say the least, as total hedge fund interest was cut by 1 funds in the third quarter.

Let's now review hedge fund activity in other stocks - not necessarily in the same industry as Unity Biotechnology, Inc. (NASDAQ:UBX) but similarly valued. These stocks are Compugen Ltd. (NASDAQ:CGEN), ShotSpotter, Inc. (NASDAQ:SSTI), Tsakos Energy Navigation Ltd. (NYSE:TNP), and ADMA Biologics Inc (NASDAQ:ADMA). This group of stocks' market values resemble UBX's market value.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position CGEN,4,7644,-1 SSTI,6,12594,0 TNP,7,27496,1 ADMA,11,105915,1 Average,7,38412,0.25 [/table]

View table hereif you experience formatting issues.

As you can see these stocks had an average of 7 hedge funds with bullish positions and the average amount invested in these stocks was $38 million. That figure was $4 million in UBX's case. ADMA Biologics Inc (NASDAQ:ADMA) is the most popular stock in this table. On the other hand Compugen Ltd. (NASDAQ:CGEN) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks Unity Biotechnology, Inc. (NASDAQ:UBX) is even less popular than CGEN. Hedge funds clearly dropped the ball on UBX as the stock delivered strong returns, though hedge funds' consensus picks still generated respectable returns. Our calculations showed that top 20 most popular stocks among hedge funds returned 37.4% in 2019 through the end of November and outperformed the S&P 500 ETF (SPY) by 9.9 percentage points. A small number of hedge funds were also right about betting on UBX as the stock returned 26.6% during the fourth quarter (through the end of November) and outperformed the market by an even larger margin.

Disclosure: None. This article was originally published at Insider Monkey.

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Medical Biotechnology master’s students celebrate their graduation at the University of Illinois College of Medicine Rockford – WIFR

Monday, December 9th, 2019

ROCKFORD, Ill. (WIFR) ----- Celebrating success as the University of Illinois College of Medicine Rockford honors its students at the Master of Science in Medical Biotechnology graduation on Saturday.

Twenty-six students received their degrees in a subject that focuses on the research and development of medical therapies, ranging from drugs and vaccines to diagnostic tests and medical devices.

As they prepare to enter the workforce, those with the school say these hardworking grads are set up for success.

"As the reputation of the program has expanded and individuals have been getting jobs all over the country and all over the world, we're getting more and more students," said Dean Alex Stagnaro-Green.

"My expectations are to essentially just further give back to the community and continue the work I've done here and the work I'm going to do in the future," said graduate Adijan Kuckovic.

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Orgenesis and Theracell to launch point-of-care cell and gene therapy centers in HYGEIA Group"s hospitals – Proactive Investors USA & Canada

Monday, December 9th, 2019

CEO Vered Caplan says the move would enable the development and delivery of cell and gene therapies onsite at HYGEIA's hospitals in Greece

Inc (), a developer of advanced cell therapies, revealed Friday that it struck a strategic partnership agreement between the Theracell joint venture and the large HYGEIA Group which runs three hospitals in Greece.

In a statement, the Germantown, Maryland-based company said that under the terms of the agreement, the joint venture will implement point-of-care cell therapy platform for clinical development and commercialization of cell and gene therapies within the HYGEIA Groups network of hospitals in Greece.

and TheraCell Advanced Biotechnology earlier formed a joint venture to advance point-of-care platform in Greece, the Balkan region and some Middle Eastern countries.

The point-of-care platform is designed to collect, process and supply cells within the patient care setting for various treatments.

The main goal is to reduce the cost and complexity of supplying cell and gene therapies, said , as well as boostquality by integrating automated processing units and proprietary technologies.

Significantly, HYGEIA is the first hospital network in the region to implement Orgenesis point-of-care cell therapy platform. The partnership aims to provide the HYGEIA Group with resources to advance clinical development and deliver personalized, advanced therapies across its network for a range of diseases in oncology, hematology, orthopedics, nephrology, dermatology and diabetes.

This partnership with the HYGEIA Group further validates the significant value proposition of our point-of-care platform, as it enables the development and delivery of cell and gene therapies onsite at hospitals, said Orgenesis CEO Vered Caplan.

We believe this platform has the potential to transform the cell and gene therapy market, by bringing life-saving therapies to market in a much more time and cost-effective manner, she added.

The Orgenesis boss said Theracell had proved to be an ideal partner with extensive experience and capabilities in autologous cell therapy and regenerative medicine, and strong operations in Greece and relationships in the region.

We are in active discussions to establish PoCare locations and partnerships with hospitals and healthcare networks in other countries and regions across the world, said Caplan.

Greeces HYGEIA Group operates three hospitals with a capacity of 1,261 beds, 52 operating rooms, 19 delivery rooms and 10 intensive care units.

HYGEIA Group CEO Andreas Kartapanis said thanks to the partnership with Theracell and Orgenesis it would be the first hospital network in Greece to provide advanced cell and gene therapies.

We believe this partnership will provide us a strong competitive advantage in this rapidly developing field. More importantly, this partnership will benefit patients that will now have greater access to these important therapies, said Kartapanis.

For the fiscal third quarter ended September 30, Orgenesis generated meaningful revenue, over $1 million, through its rapidly advancing point-of-care cellular therapy platform.

Meanwhile, TheraCell has experience in the isolation, processing and application of adipose-derived stem cells, as well as somatic cells. It has developed a patented platform for tissue engineering and cell therapies in the areas of dermatology, articular cartilage defects, and chronic kidney injury.

Contact Uttara Choudhury at[emailprotected]

Follow her onTwitter:@UttaraProactive

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-$0.47 Earnings Per Share Expected for Vir Biotechnology (NYSE:VIR) This Quarter – Riverton Roll

Monday, December 9th, 2019

Brokerages predict that Vir Biotechnology (NYSE:VIR) will report ($0.47) earnings per share for the current quarter, Zacks reports. Zero analysts have issued estimates for Vir Biotechnologys earnings. The firm is scheduled to announce its next earnings report on Tuesday, February 18th.

On average, analysts expect that Vir Biotechnology will report full-year earnings of ($1.81) per share for the current financial year. For the next year, analysts forecast that the company will post earnings of ($1.97) per share, with EPS estimates ranging from ($2.05) to ($1.93). Zacks EPS calculations are a mean average based on a survey of sell-side analysts that follow Vir Biotechnology.

Vir Biotechnology (NYSE:VIR) last announced its quarterly earnings results on Tuesday, November 19th. The company reported ($4.60) earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of ($3.71) by ($0.89). The business had revenue of $1.40 million for the quarter.

VIR has been the topic of several analyst reports. Barclays initiated coverage on Vir Biotechnology in a report on Tuesday, November 5th. They issued an overweight rating and a $25.00 target price on the stock. Cowen started coverage on shares of Vir Biotechnology in a research report on Tuesday, November 19th. They issued a buy rating on the stock. JPMorgan Chase & Co. started coverage on shares of Vir Biotechnology in a research note on Tuesday, November 5th. They issued an overweight rating and a $25.00 price objective on the stock. Goldman Sachs Group started coverage on shares of Vir Biotechnology in a research note on Tuesday, November 5th. They issued a buy rating and a $37.00 price objective on the stock. Finally, Robert W. Baird initiated coverage on shares of Vir Biotechnology in a research report on Wednesday, November 13th. They set a neutral rating for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Vir Biotechnology currently has a consensus rating of Buy and an average target price of $29.00.

Shares of NYSE VIR traded down $0.40 during trading on Tuesday, reaching $12.62. The company had a trading volume of 178,796 shares, compared to its average volume of 158,772. The company has a fifty day simple moving average of $13.53. Vir Biotechnology has a 12 month low of $11.65 and a 12 month high of $16.50.

In related news, major shareholder Endurance (Cayman) Ltd Svf acquired 950,000 shares of the stock in a transaction dated Wednesday, October 16th. The stock was bought at an average price of $14.22 per share, for a total transaction of $13,509,000.00. Also, insider Abu Dhabi Investment Authority bought 1,000,000 shares of the companys stock in a transaction that occurred on Wednesday, October 16th. The shares were bought at an average price of $14.41 per share, for a total transaction of $14,410,000.00.

About Vir Biotechnology

Vir Biotechnology, Inc, a clinical-stage immunology company, develops therapeutic products for the treatment and prevention of serious infectious diseases. It develops VIR-2218 and VIR-3434 for the treatment of hepatitis B virus; VIR-2482 for the prevention of influenza A virus; VIR-1111 for the prevention of human immunodeficiency virus, and VIR-2020 for the prevention of tuberculosis.

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PDS Biotechnology to Present at the 12th Annual LD Micro Main Event – BioSpace

Monday, December 9th, 2019

PRINCETON, N.J., Dec. 03, 2019 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB), a clinical stage immuno-oncology company with a broad pipeline of novel products based on the companys proprietary Versamune T-cell activating technology, today announced that Dr. Frank Bedu-Addo, President and Chief Executive Officer, is scheduled to present the company's upcoming clinical trials and recent clinical data demonstrating the potential of the Versamune-based products to overcome key limitations of current cancer immunotherapy at the 12th Annual LD Micro Main Event being held on December 10-12, 2019 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.

Event: 12th Annual LD Micro Main EventFormat: Presentation & 1x1 MeetingsDate: Wednesday, December 11, 2019Time: 1:40pm PTLocation: Luxe Sunset Boulevard Hotel, Los Angeles, CA: Track 3

About PDS Biotechnology

PDS Biotechnology is a clinical-stage immuno-oncology company with a broad pipeline of novel products based on the companys proprietary Versamune T-cell activating technology. The Versamune platform effectively delivers tumor-specific antigens for in-vivo uptake and processing, while also activating a critical immunological pathway, the type 1 interferon pathway, thus resulting in the production of potent tumor-specific killer T-cells. Using Versamune, PDS Biotechnology is engineering therapies designed to better recognize cancer cells and break down their defense systems to effectively attack and destroy tumors. PDS Biotechnologys pipeline combines the Versamune technology with tumor-specific antigens across several cancer types. To learn more, please visit http://www.pdsbiotech.com or follow us on Twitter @pdsbiotech.

Forward Looking StatementsThis communication contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning PDS Biotechnology Corporation (the Company) and other matters. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the Companys management, as well as assumptions made by, and information currently available to, management. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as may, will, should, would, expect, anticipate, plan, likely,believe,estimate,project,intend,and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the ability of the Company to integrate Edge and PDS Biotechnology following the merger; the Companys ability to protect its intellectual property rights; competitive responses to the completion of the merger; potential adverse reactions or changes to business relationships resulting from the completion of the merger;the Companys anticipated capital requirements, including the Companys anticipated cash runway and the Companys current expectations regarding its plans for future equity financings; the timing for the Company or its partners to initiate the planned clinical trials for its lead assets, PDS0101 and PDS0102; the Companys interpretation of the results of its Phase 1 trial for PDS0101 and whether such results are sufficient to support additional trials or the future success of such trials;the successful implementation of the Companys research and development programs and collaborations, including any collaboration studies concerning PDS0101 and the Companys interpretation of the results and findings of such programs and collaborations and whether such results are sufficient to support the future success of the Companys product candidates; the acceptance by the market of the Companys product candidates, if approved;the timing of and the Companys ability to obtain and maintainU.S. Food and Drug Administrationor other regulatory authority approval of, or other action with respect to, the Companys product candidates;and other factors, including legislative, regulatory, political and economic developmentsnot within the Companys control. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in the Companys annual and periodic reports filed with the SEC. The forward-looking statements are made only as of the date of this press release and, except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Media & Investor Relations Contacts:

Tram Bui / Alexander LoboThe Ruth GroupPhone: +1-646-536-7035 / +1-646-536-7037Email: tbui@theruthgroup.com / alobo@theruthgroup.com

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Admission details available for the AIIMS Nursing, Biotechnology and Paramedical admissions – Brainbuxa

Monday, December 9th, 2019

The All India Institute of Medical Sciences (AIIMS) has released the details of the entrance exam through which candidates will be shortlisted for admission into BSc and MSc courses. According to the details, AIIMS BSc Nursing, BSc Nursing (Post-Basic) and BSc (paramedical courses) admission entrance exam are scheduled for June 6, 20 and 28.

The exam for the admission to MSc Nursing, MSc Biotechnology and other MSc courses will be held on June 6 and July 4. The registration window for the MSc course will open on December 13 and for the BSc courses on December 12.

Candidates who have passed class 12th exams are eligible for the BSc programs and graduates are eligible for the MSc programs.

For the BSc nursing post-basic course candidates with Diploma in General Nursing and Midwifery from any institution recognized by the Indian Nursing Council and Registration as a nurse, RN, RM (registered nurse, registered midwife) with any State Nursing Council along with 10+2 qualification are eligible to apply.

The registration for both the courses will close on January 16, 2020.

Tags: Aiims Aiims Nursing Exam Aiims Biotechnology Exam Aiims Paramedical Admission Aiims Bsc Nursing Bsc Paramedical Courses

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Comparison of PDS Biotechnology Corporation (PDSB) and Axsome Therapeutics Inc. (NASDAQ:AXSM) – The Broch Herald

Monday, December 9th, 2019

Since PDS Biotechnology Corporation (NASDAQ:PDSB) and Axsome Therapeutics Inc. (NASDAQ:AXSM) are part of the Biotechnology industry, they are influenced by contrast. The influences particularly affect the dividends, analyst recommendations, profitability, institutional ownership, risk, earnings and valuation of both companies.

Earnings & Valuation

Demonstrates PDS Biotechnology Corporation and Axsome Therapeutics Inc. earnings per share, gross revenue and valuation.

Profitability

Table 2 demonstrates the return on equity, net margins and return on assets of PDS Biotechnology Corporation and Axsome Therapeutics Inc.

Risk & Volatility

PDS Biotechnology Corporation has a 2.42 beta, while its volatility is 142.00% which is more volatile than Standard and Poors 500. From a competition point of view, Axsome Therapeutics Inc. has a 2.65 beta which is 165.00% more volatile compared to Standard and Poors 500.

Liquidity

PDS Biotechnology Corporations Current Ratio is 5 while its Quick Ratio is 5. On the competitive side is, Axsome Therapeutics Inc. which has a 5.7 Current Ratio and a 5.7 Quick Ratio. Axsome Therapeutics Inc. is better positioned to pay off short and long-term obligations compared to PDS Biotechnology Corporation.

Analyst Ratings

The next table highlights the given recommendations and ratings for PDS Biotechnology Corporation and Axsome Therapeutics Inc.

The consensus target price of PDS Biotechnology Corporation is $8.5, with potential upside of 201.42%. Competitively Axsome Therapeutics Inc. has a consensus target price of $48, with potential upside of 5.66%. The information presented earlier suggests that PDS Biotechnology Corporation looks more robust than Axsome Therapeutics Inc. as far as analyst belief.

Insider & Institutional Ownership

Roughly 28.3% of PDS Biotechnology Corporation shares are owned by institutional investors while 46.3% of Axsome Therapeutics Inc. are owned by institutional investors. About 6.5% of PDS Biotechnology Corporations share are owned by insiders. Comparatively, Axsome Therapeutics Inc. has 2.2% of its share owned by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

For the past year PDS Biotechnology Corporation has weaker performance than Axsome Therapeutics Inc.

Summary

On 6 of the 11 factors Axsome Therapeutics Inc. beats PDS Biotechnology Corporation.

Axsome Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for the management of central nervous system (CNS) disorders. The companys product candidates include AXS-05 that is in Phase III trial for the treatment of treatment resistant depression and Alzheimers disease agitation; and AXS-02, which is in Phase III trial to treat complex regional pain syndrome, knee osteoarthritis related to bone marrow lesions, and chronic low back pain related to Modic changes. It is also developing AXS-06, a preclinical product candidate for CNS disorders, including chronic pain. The company was founded in 2012 and is based in New York, New York.

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New innovative report on Biotechnology Market to Boom In Near Future by Industry Key Players: Merck & Co,Abbott Laboratories,Novo Nordisk – Day…

Thursday, November 28th, 2019

Crystal market research acknowledges the inclusion of a second report to a Global Biotechnology Market. The report summarizes the players that are perceptible in the Biotechnology market with an exact objective to provide a rationalist and purpose of their unpretentious forces of this current Biotechnology market, as the provincial and product segments are likewise expected at length, bearing in mind the Biotechnology objective to grant a granular example of this economys collapse.

The Biotechnology report expands coverage of business and market trends that are chief. The Biotechnology industry research incorporates require, predictions and classical market data, application information and cost trends, and business stocks. The Biotechnology analysis divides the sector dimensions, by price and volume, dependent on geography and application type.

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Chinese biotechnology dominates US Senate hearing on biological threats – Homeland Preparedness News

Thursday, November 28th, 2019

Shutterstock

China is rapidly gaining on the United States when it comes to creating technology that mitigates disease threats and developing pharmaceuticals faster, and its a phenomenon driven by a philosophy that the state, military, and the private sector are one in the same.

That was the testimony of Tara J. OToole, senior fellow and executive vice president at In-Q-Tel, before the U.S. Senate Armed Services Subcommittee on Emerging Threats and Capabilities. The hearing, Biological Threats to U.S. National Security, examined everything from Chinas push to develop biotechnology infrastructure to luring research scientists away from the United States to work in China.

China has said repeatedly and forcefully, and theyre backing up their words with actions, that they intend to own the biorevolution, OToole said. And they are building the infrastructure, the talent pipeline, the regulatory system, and the financial system they need to do that.

China is partly accomplishing this by combining its internet giants, such as Alibaba, with its biotech companies. The combined strength of these companies research focuses on the industrialization of artificial intelligence in which China is institutionalizing it whereas the United States is only experimenting with it, OToole added.

Chinas goal is to make biotechnology 5 percent of the countrys GDP by 2020. China has changed regulations for its own version of the Food and Drug Administration to be more like that of the United States in order to more easily market to the world. The country has created a talent pipeline that incentivizes its own students to go into the life sciences and bioengineering. China also has at least 20 programs intended to bring scientific talent from the rest of the world.

There are good reasons China is going after the biorevolution: it has the highest incidences of cancer on earth and the population is aging. It also must find an affordable way to deliver health care to a rising middle class.

And China is delivering health care to the world. The country is the largest producer of active pharmaceutical ingredients. However, reliance on foreign pharmaceuticals has national security implications. As many as 80 to 100 percent of critical drugs are manufactured outside the United States. U.S Sen. Gary Peters (D-MI) told the committee that following the 2001 anthrax attacks, the U.S. was dependent on a single foreign source for a broad-spectrum antibiotic to treat anthrax.

To what extent is the U.S. reliant on foreign sources for key drug products and medical supplies such as syringes and needles and other critical medical supplies that we would need to respond to a biological attack today? Peters asked the panel of experts.

The United States is critically dependent on China for several drugs and has been shipping manufacturing capacity to Asia for more than a decade.

There isnt a CEO of a major pharma company that hasnt been recruited by China to build facilities there, OToole said.

To address the drug supply chain, the United States has begun exploring the possibility of using synthetic biology to make active pharmaceutical ingredients, especially in response to epidemics.

If there were a natural pandemic in which the entire world needed drugs, Im sure China, as we would, take care of its own people first. Yet, we dont have the surge capacity to produce enough very common, well-used medicine in time to deal with an epidemic, OToole said.

Thomas Inglesby, director of the Center for Health Security at the Johns Hopkins Bloomberg School of Public Health, told the committee that the U.S. treats medicines too much like commodities that can be sourced for the lowest price somewhere in the world.

In a crisis, everyone in every part of the world would be looking for medicine at the same time, Inglesby said. There should be at least a strategic examination of the kinds of things we must have, and we should consider how to bring some of those medicines back to the U.S. Obviously that cant be done with all medicines. Were an interconnected world. But for national health crises, we should be thinking about making them here.

Part of the problem is that the United States has not done a good job at translating biology to products, OToole said, or building infrastructure for securing and promoting the bioeconomy. Our translational infrastructure for biology is mostly coming from small start-up companies in the private sector, which are the innovation engines for biology, but do not provide the robust infrastructure to manage epidemics, whether deliberate or natural.

The experts made the following recommendations:

* Take on synthetic biology as a national security priority;* Use the National Defense Education Act to improve access to stem education and establish greater scientific careers within the U.S. government;* The contingency fund levels for the Centers for Disease Control and Prevention and USAID should be increased and sustained;* Support and strengthen the militarys infectious disease research laboratories;* Provide strong, coherent leadership at the National Security Council essential for guaranteeing effective oversight, long before a crisis emerges;* The U.S. Department of Agriculture should prioritize stronger crop surveillance, animal wildlife surveillance, more support for animal vaccine development, and more funding for agricultural biodefense overall;* Strongly support the biological weapons convention.

During epidemics, the U.S. should be able to immediately create diagnostics that could be used similarly to a pregnancy test so that people can determine for themselves who is sick and who isnt. Officials should be able to rapidly develop a new vaccine in response to an epidemic, OToole added.

These same tools also apply to diseases that affect agriculture and the U.S. animal supply. More than half of all infections that people contract are spread by animals.

Ill start by acknowledging that mother nature is a really good terrorist, Julie L. Gerberding, co-chair of the Commission on Strengthening Americas Health Security at the Center for Strategic and International Studies, told the committee. China today is experiencing a dreadful outbreak of swine fever that has probably cost the death or culling of at least 50 percent of their entire population of pork which is a major source of protein for people in China. So, this is a major socioeconomic threat to the state of China today and thats mother nature.

Swine fever, however, is not spread to humans, though it has a devastating economic impact. And U.S. farmers are concerned about trade and travel bringing such infectious diseases to this country.

I would say that the first alarming statistic is that we spend probably about 100 times less on agricultural threats than we do on human threats, Inglesby said. I think there are many reasons for this. But one includes a kind of reluctance within the U.S. government to talk about this threat until quite recently.

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Chinese biotechnology dominates US Senate hearing on biological threats - Homeland Preparedness News

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