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Will Intercept Stock Potential Be Blindsided By FDA Letter?
Friday, September 22, 2017 - 10:11am | 355Read More...Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) lost around one quarter of their value Thursday and another 7 percent early Friday morning in reaction to a concerning U.S. Food and Drug Administration letter sent to doctors regarding its liver treatment product called Ocaliva for the...
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Here's Why Shares Of Intercept Jumped Nearly 10% On Friday
Friday, February 10, 2017 - 10:47am | 355Read More...Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) jumped nearly 10 percent early Friday morning after the company provided an update on an ongoing clinical trial. Intercept is a biopharmaceutical company that focuses on developing and commercializing therapeutics to treat progressive non-viral...
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A Primer On NASH
Thursday, December 15, 2016 - 10:47am | 357Read More...Non-alcoholic steatohepatitis (NASH) is a type of non-alcoholic fatty liver disease (NAFLD), a condition in which fat builds up in a person's liver. As noted by the National Institute of Diabetes and Digestive and Kidney Diseases, there are no approved medicines to treat NAFLD and NASH. In a...
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Allergan Going After Gilead? Gabelli Says CEO 'Playing Chess While The Market Is Playing Checkers'
Wednesday, September 21, 2016 - 10:30am | 352Read More...Allergan plc Ordinary Shares (NYSE: AGN)'s acquisition of Tobira Therapeutics Inc (NASDAQ: TBRA) has some analysts wondering: if Allergan is willing to pay a massive 500 percent premium for Tobira, then what could possibly come next? Barrons cited Kevin Kedra, an analyst at Gabelli, who...
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Allergan's Tobira Acquisition Represents The Highest Premium Ever Paid In Biopharma
Wednesday, September 21, 2016 - 7:21am | 373Read More...Allergan plc Ordinary Shares (NYSE: AGN) paid a hefty premium of 159 percent to acquire Vitae Pharmaceuticals Inc (NASDAQ: VTAE) last week, but that figure pales in comparison to the premium attached to its acquisition of Tobira Therapeutics Inc (NASDAQ: TBRA). Allergan will pay $533 million in...
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NASH Sympathy Plays On Tobira Therapeutics Deal
Tuesday, September 20, 2016 - 2:43pm | 499Read More...Shares of Tobira Therapeutics Inc (NASDAQ: TBRA) soared higher by more than 700 percent on Tuesday after the company was acquired by Allergan plc Ordinary Shares (NYSE: AGN). The massive premium Allergan is paying in Tobira's stock price has many investors questioning if any of Tobira's peers are...
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Tobira Therapeutics Up 760% Following Allergan Buyout, Liver Drug A Key Focus
Tuesday, September 20, 2016 - 10:29am | 365Read More...Tobira Therapeutics Inc (NASDAQ: TBRA), a clinical-stage bio-pharmaceutical company that focuses on the development of therapies to treat non-alcoholic steatohepatitis (NASH) and other liver diseases, soared higher by more than 760 percent on Tuesday after the company agreed to sell itself to...
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Morgan Stanley Upgrades Intercept Pharma, Maintains $100 Target
Friday, January 29, 2016 - 9:56am | 338Read More...Intercept Pharmaceuticals Inc (NASDAQ: ICPT) shares have declined 63.88 percent over the past six months, reaching a low of $99.32 on January 28. Morgan Stanley’s Andrew S. Berens has upgraded the rating on the company from Underweight to Equal-Weight, with a price target of $100....
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Nomura's Takeaways From Meeting With Gilead Sciences' Management
Friday, January 16, 2015 - 11:17am | 175Read More...Ian Somaiya of Nomura on Friday reiterated a Buy rating on shares of Gilead Sciences, Inc. (NASDAQ: GILD) with a $146 price target following a meeting with the company's management team. Somaiya notes that additional insight was gained into: 1) HCV pricing and payor negations, 2) potential...
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How About a Detroit ETF?
Thursday, August 1, 2013 - 5:10pm | 853Read More...The Nashville Area ETF (NYSE: NASH), courtesy of LocalShares, commenced trading Thursday, marking the debut of the first city-specific ETF in the U.S. After just one trading day, it is too early to pass judgment on NASH. It may be debatable that Nashville, Tennessee would have been the first...
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Nashville ETF Debuts Thursday (NASH)
Wednesday, July 31, 2013 - 2:52pm | 331Read More...Exchange traded funds sponsor LocalShares will introduce the first city-specific ETF when the Nashville Area ETF (NYSE: NASH) debuts Thursday. NASH will track the LocalShares Nashville Index. The new fund has an annual expense ratio of 0.49 percent. "The LocalShares Nashville Index is comprised...











