Category - News

Developments

Hummingbird Bioscience raises $19-million in Series B financing

Closely-held Hummingbird Bioscience raised $19-million in a Series B financing round co-led by Mirae Asset Venture Investment and GNTech Venture Capital. Existing investors Heritas Capital and Seeds Capital also...

December 5, 2019

Developments

Aurinia posts positive Phase 3 voclosporin data in lupus nephritis trial

Aurinia Pharmaceuticals (NASDAQ:AUPH; TSX:AUP) reported positive efficacy and safety results from its AURORA Phase 3 trial of voclosporin, in combination with mycophenolate (MMF) and low-dose corticosteroids, in the...

December 4, 2019

Markets

BTIG ups Axsome Therapeutics PT to $48 from $25

BTIG raised its price target for Axsome Therapeutics (NASDAQ:AXSM) to $48 from $25 after the company announced positive Phase 2 data for its AXS-12 drug candidate for the treatment of cataplexy and excessive daytime...

December 4, 2019

Markets

BTIG starts STAAR Surgical at buy: PT $46

BTIG initiated coverage of STAAR Surgical (NASDAQ:STAA) with a “buy” rating and $46 price target. The stock closed at $36.82 on Dec. 3. “We believe STAAR owns a superior refractive surgery option to the current standard...

December 4, 2019

Developments

Aldeyra reports positive topline results from Phase 3 dry eye disease trial

Aldeyra Therapeutics (NASDAQ:ALDX) reported positive topline results from the first part of its adaptive Phase 3 trial of topical ocular reproxalap for the treatment of dry eye disease. Part 1 of the study assessed...

December 3, 2019

Developments

Hepion’s Drs. Foster, Mayo, Ure and Trepanier appointed adjunct professors at UofA

Hepion Pharmaceuticals’ (NASDAQ:HEPA) Drs. Robert Foster, CEO; Daren Ure, CSO; Daniel Trepanier, SVP drug development; and Patrick Mayo, SVP clinical pharmacology have been appointed adjunct professors by the University...

December 3, 2019

Developments

iBio joins Manufacturing USA’s tissue biofabrication initiative

iBio (NYSE AMERICAN:IBIO) joined a new public-private Manufacturing USA initiative, the Advanced Regenerative Manufacturing Institute (ARMI), a consortium of more than 100 partner organizations from industry...

December 3, 2019

Markets

Piper Jaffray starts TELA Bio at OW; PT $17

Piper Jaffray initiated coverage of TELA Bio (NASDAQ:TELA) with an “overweight” rating and $17 price target. The stock closed at $12.31 on Dec. 2. TELA is a regenerative medicine company, with products used in hernia...

December 3, 2019

Executive Moves

Gerald Solensky resigns as Zomedica CEO; Shameze Rampertab named interim CEO

Gerald Solensky, Jr. has resigned as CEO, chairman and a director of Zomedica Pharmaceuticals (NYSE American, TSXV:ZOM), effective immediately. He will continue as a consultant to the company’s operating...

December 3, 2019

Markets

WB starts BeyondSpring at outperform

William Blair launched coverage of BeyondSpring (NASDAQ:BYSI) with an “outperform” rating. The stock closed at $12.45 on Dec. 2. According to analyst Andy Hsieh, the Street is “undervaluing the clinical potential” of...

December 3, 2019

Category - News

Hummingbird Bioscience raises $19-million in Series B financing

Aurinia posts positive Phase 3 voclosporin data in lupus nephritis trial

BTIG ups Axsome Therapeutics PT to $48 from $25

BTIG starts STAAR Surgical at buy: PT $46

Aldeyra reports positive topline results from Phase 3 dry eye disease trial

Hepion’s Drs. Foster, Mayo, Ure and Trepanier appointed adjunct professors at UofA

iBio joins Manufacturing USA’s tissue biofabrication initiative

Piper Jaffray starts TELA Bio at OW; PT $17

Gerald Solensky resigns as Zomedica CEO; Shameze Rampertab named interim CEO

WB starts BeyondSpring at outperform

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