Tiny Biotech Wins $75 Billion Patent

Cambridge firm proves its possible to "Find & Replace" cancer cells. The Wall Street Journal reports this small biotech is "Transforming Medicine." No wonder Goldman Sachs & Morgan Stanley have been quietly buying shares. Get the name of this little-known stock here....

(STOP) Buy This Instead of EV Stocks

Raymond James Is Bearish On This Inflammatory Bowel Disease Player On Upcoming 'Pipeline Reset'

Vandana Singh
August 12, 2022
  • Raymond James downgraded Landos Biopharma Inc (NASDAQ:LABP) to Market Perform from Outperform following 2Q22 earnings and the first look at NX-13 Phase 1b data in ulcerative colitis (UC). 
  • The analyst's rating change is driven by:
    • Unclear strategy for omilancor in UC/Crohn's Disease (CD) (formulation optimization needed to improve solubility).
    • Lack of conviction on NX-13's early efficacy data in UC until an adequately powered study is more clearly demonstrative of efficacy. 
  • The LAPB management team is acutely focused on prioritizing resources for their lead programs and expects to deliver a comprehensive pipeline update and strategy later this year. 
  • Raymond James maintains that omilancor is a promising molecule that could drive value in the coming 12-18 months. However, that depends on formulation changes and "making the cut" of the pipeline review. 
  • Earlier this month, Landos Biopharma announced topline results from its Phase 1b trial of NX-13 for ulcerative colitis as a once-daily oral therapy. 
  • The data showed that NX-13 was well tolerated following evaluation of multiple doses over four weeks compared with a placebo.
  • Across the four cohorts, no serious adverse events were reported, consistent with earlier studies in healthy volunteers and preclinical models.
  • The company ended the June quarter with cash, cash equivalents, and marketable securities of $55.8 million.
  • Price Action: LABP shares closed down 1.85% at $1.06 on Friday.

Continue Reading...

Most Popular
September 30, 2022

$100 Invested In This Stock 10 Years Ago Would Be Worth $2,100 Today

Advanced Micro Devices (NASDAQ:AMD) has outperformed the market over the past 10 years by 25.47% on an annualized basis producing an average annual return of 34.97%. Currently, Advanced Micro Devices has a market capitalization of $104.30 billion.

September 30, 2022

Peering Into American Airlines Group's Recent Short Interest

American Airlines Group's (NASDAQ:AAL) short percent of float has risen 3.35% since its last report. The company recently reported that it has 80.14 million shares sold short, which is 13.9% of all regular shares that are available for trading.

September 30, 2022

America's Permanent Collapse? - Ad

We're fortunate enough to sit down and interview former Goldman Sachs managing director, best-selling author, and Federal Reserve expert -- Nomi Prins. She's going public to reveal what's really happening in America: The hidden story beyond: inflation, rent increases, gas, groceries, political division, or a pandemic.

September 28, 2022

11 Analysts Have This to Say About Lam Research

Within the last quarter, Lam Research (NASDAQ:LRCX) has observed the following analyst ratings:

September 30, 2022

Will This Battery Replace Lithium-Ion Batteries? - Ad

A new battery breakthrough is about to hit the market... And when it's rolled out, lithium-ion batteries could become obsolete! Gas-powered vehicles, they could be driven off the roads by 2030! This new battery... well, it's so small it can fit on the tip of your finger.

September 30, 2022

Russian Missile Attack Kills 23 Civilians In Ukraine Hours Before Putin's Annexation Speech: Official

Ukraine's regional governor said a Russian missile slammed on a convoy of cars in southern Ukraine on Friday, killing a number of civilians, hours ahead of President Vladimir Putin's annexation ceremony. 

September 30, 2022

Fear Among US Investors Is Increasing, Here's Why

The CNN Money Fear and Greed index showed a rise in the fear level after the S&P 500 recorded a new low for 2022.

September 30, 2022

Why Your IRA Could Crash on October 16th - Ad

China will attack Taiwan as soon as October 16th, 2022. The stock market will crash at least 35% when China makes their move. Here are the 3 steps you can take to protect your retirement.

September 29, 2022

CBD Oil On Behavioral Disturbances In Dementia Patients, Positive Clinical Trial

In a recent study published in Frontiers in Medicine, researchers showed that "almost 90% of patients with dementia suffer from some type of neurobehavioral symptom, and there are no approved medications to addr

September 29, 2022

CarMax: Q2 Earnings Insights

CarMax (NYSE:KMX) reported its Q2 earnings results on Thursday, September 29, 2022 at 06:50 AM. Here's what investors need to know about the announcement. Earnings CarMax missed estimated earnings by 43.17%, reporting an EPS of $0.79 versus an estimate of $1.39.

September 30, 2022

How to Profit From the Coming Boom in Gold - Ad

Gold passed $2,000/oz. earlier this year, and is set for a new bull run. Now a renowned precious metals firm is sharing the No. 1 way to play it for less than $10.

September 29, 2022

These 2 High Yielders Could Benefit From The Supply Crunch Caused By The Russia-Ukraine War

Since the Energy Select Sector SPDR FUN (ARCA: XLE) is down roughly 16% over the past month, it may be a good time to shop around for oversold equities in the oil and gas sector. Although investors are concerned about a recession slowing down the economy, natural gas prices are still at record highs.

September 30, 2022

[HOT] Goldman's "Ace of Diamonds" Trade... - Ad

Goldman Sachs just made a "Milestone Trade" - a trade that has the potential to rewrite economic history... and even spark a currency revolution. I found a way to piggyback Goldman's landmark trade... Meaning you have a chance to turn every $1 into $83...

September 28, 2022

Jeff Bezos' Billionaire Ex-Wife MacKenzie Scott Files For Divorce From 2nd Husband

The billionaire former wife of Amazon.com, Inc (NASDAQ: AMZN) Chair Jeff Bezos, MacKenzie Scott, is filing for divorce from her second husband.

September 30, 2022

The man whose crypto trades have soared 1,061%... 1,934%... and 18,325% at their peaks in 18 months or less - Ad

Billionaires and Wall Street institutions are piling money into the Next Gen Coin. Experts say it will surge 20X bigger than bitcoin.

September 29, 2022

Tesla, Altus Power And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

U.S. stock futures traded lower this morning after recording sharp gains in the previous session. Here are some big stocks recording losses in today’s pre-market trading session.

September 30, 2022

This Is Bigger Than 5G, AI, or Electric Vehicles - Ad

It's still on the "ground floor" level of opportunity because you don't see major financial publishers making any mention of it. Which is exactly why investing in companies like this is so attractive.

September 28, 2022

Trump Lawyers Make Move To Swiftly End Journalist's Rape-Related Defamation Lawsuit

Donald Trump is reportedly pursuing a swift end to a defamation lawsuit brought by a journalist who claims the former president raped her. 

September 30, 2022

Credit Suisse Slashes PT On This Stock By 50%? Plus This Analyst Predicts $115 For Nike

RBC Capital cut NIKE, Inc. (NYSE: NKE) price target from $125 to $115. NIKE shares fell 10.7% to $85.13 in pre-market trading.

September 30, 2022

5 Income Stocks That Can Get You Through Just About Anything... - Ad

How do they do it? Simply put, there is no substitute for what they sell. Everyone buys it, even when money is tight. In fact, since early 2000 they have beaten the S&P 500 by 1,428 points... and routinely produce income that crushes inflation...

September 29, 2022

Four Times Elon Musk Has Tried To Play Savior During Disasters

Elon Musk has a knack for portraying himself as a hero in times of crisis. Today, the Tesla Inc (NASDAQ: TSLA) CEO tweeted amid the ongoing floods and hurricane damage in Florida that Cybertrucks can “briefly serve as a boat.”

September 29, 2022

Trump Gets Yet Another Breather From Florida Judge In Mar-A-Lago Documents Probe

Donald Trump received a legal boost on Thursday after Florida federal judge Aileen Cannon issued an order extending the time for the review of materials seized from the former president’s Mar-a-Lago estate.

September 30, 2022

[ALERT] From the Man Who Made 18,325% Crypto Profits - Ad

Ian King is calling one crypto "the greatest investment in history" and adds: "All my research is clear. It will be 20X bigger than bitcoin."

September 29, 2022

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

Gainers Shift Technologies (NASDAQ:SFT) shares increased by 5.0% to $0.69 during Thursday's after-market session. The market value of their outstanding shares is at $58.8 million.

September 30, 2022

V-Tolling Is Set to Be More Popular than Electric and Self-Driving Cars COMBINED - Ad

You can be among the first early adopters of this new technology... and get in on the ground floor of ONE company trading for just $10 right now. Matt McCall breaks the full story and details...

September 30, 2022

Japan Beefs Up Semiconductor Presence By Tying Up With Several Chipmakers, Latest Being Micron

Japanese government committed subsidies of up to $320 million to U.S. chipmaker Micron Technology, Inc (NASDAQ: MU) to fortify supply chains against China.

September 30, 2022

JPMorgan, Morgan Stanley Slash Alibaba's Price Target: Report

JPMorgan Chase & Co and Morgan Stanley analysts cut their price target for Alibaba Group Holding Limited (NYSE: BABA), turning more pessimistic about the Chinese e-commerce giant on sales concerns.

September 30, 2022

Secret "Codes" to Pre-IPO Investing REVEALED - Ad

The real money to be made in the market comes from getting in on companies BEFORE they go public... And one man has "cracked the code" to pre-IPO investing.

September 30, 2022

Check Out What Whales Are Doing With WBA

Someone with a lot of money to spend has taken a bearish stance on Walgreens Boots Alliance (NASDAQ:WBA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

September 30, 2022

Biden to Replace US Dollar? - Ad

Thanks to Biden's Executive Order 14067, every dollar you own could be in serious jeopardy. They could be made worthless, or even confiscated -- practically overnight.

September 30, 2022

Peering Into Broadcom's Recent Short Interest

Broadcom's (NASDAQ:AVGO) short percent of float has risen 8.38% since its last report. The company recently reported that it has 6.17 million shares sold short, which is 2.07% of all regular shares that are available for trading.

September 28, 2022

Seth Rogen Talks Pot, Pottery, Positive Projects And Now He's Launching A Houseplant Raffle

In a Zoom interview with Vogue, Seth Rogen sat “spinning a just-rolled joint through his fingers.” He talked about raffling off some of his handmade vases to make room in his closet for more.

September 30, 2022

7 Ways to Make Money with Crypto -- Even If You're Brand New - Ad

The other day a good friend and I were on a Zoom call and while we were talking, I watched him make a quick $400 profit. In fact, he recently recorded a demo and showed how he turned $100 into $1,499.44 and he showed how he easily could have scaled that out to over 12K in 3 hours.

September 30, 2022

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Most Recent
September 30, 2022

My "End of the World" Investment - Ad

September 30, 2022

MetLife Whale Trades Spotted

September 30, 2022

Recap: Circor Intl Q2 Earnings

September 30, 2022

Is This the "Amazon of Crypto"? - Ad

September 30, 2022

Legal Crypto Loophole - Ad

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright 2020 activatrade.ca
Privacy Policy | Terms of Service