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If You Can Only Buy One Biotech Stock in May, It Better Be One of These 3 Names
investorplace.com· 2024-05-29 10:30
Biotech stocks are not for the faint of heart. It is a sector that can provide life-changing gains or cause an investment to head towards zero. Between juggling FDA approvals, new product pipelines and regulatory changes, it takes a lot of due diligence to stay on top of which biotech stocks to buy. Some investors even go so far as to look into the more specific clinical phase trials and even learn about the specific medical technology behind each treatment. Over the past few months, biotech stocks have bee ...
Moderna (MRNA) Stock Outperformed Industry YTD: Here's Why
zacks.com· 2024-05-28 15:41
Despite the declining top line, shares of Moderna (MRNA) continue to soar thanks to its encouraging pipeline updates and potential product launches over the next few years. The company boasts of a pipeline of more than 40 mRNA-based investigational candidates across different stages of development, targeting multiple indications, including cancer and cardiovascular. Being one of the handful of makers of a COVID-19 vaccine, Moderna reaped the benefits of the COVID-19 pandemic, allowing it to strengthen its c ...
Should You Buy This Stock After a Regulatory Setback?
fool.com· 2024-05-26 10:50
It's not uncommon for companies to face regulatory setbacks -- and It's not the end of the world. Biotech investors aren't fond of regulatory delays. Brand-new products have a limited shelf life before they run out of patent protection. The less time they spend on the market, the less they will generate in sales. But in this The past two-and-a-half years have been rough for Moderna (MRNA 1.58%). Though the biotech was highly successful in the COVID-19 vaccine market, investors rightly expecting this niche t ...
Vaccine Stocks Rise on Growing Threat of Bird Flu Infections
zacks.com· 2024-05-23 16:11
Shares of several vaccine makers soared after reports suggest that the Biden administration is in discussions with Moderna (MRNA) and Pfizer (PFE) to set up a possible vaccine program aimed at preventing the spread of the H5N1 virus, also known as bird flu, in humans. These reports came to light after the discovery of two cases of H5N1 virus in dairy farm workers in Texas and Michigan this year. Both these workers experienced symptoms in the eye after coming into contact with dairy cows infected with the H5 ...
The Moderna News That Has MRNA Stock Price Surging: 3 Key Catalysts
investorplace.com· 2024-05-23 15:34
Moderna (NASDAQ:MRNA) stock is up more than 20% in just the past five trading sessions as investors foresee strong growth opportunities for the biotechnology firm. Indeed, the company has climbed 44% so far this year as one of the big winners of 2024's bull market. What's pushing MRNA stock up lately? Well, it appears the company is benefitting primarily from three main drivers: MRNA Stock Climbs Despite Mixed Analyst Ratings While Moderna has plenty of potential growth avenues, some believe MRNA stock may ...
Moderna Has Big AI News. Is the Stock a Buy?
fool.com· 2024-05-22 11:10
After two years in the doldrums, the stock is soaring. Moderna (MRNA 1.90%) isn't new to artificial intelligence (AI). The biotech best known for its billion-dollar coronavirus vaccine has been using this hot technology for years to help it save crucial time in the laboratory. For example, Moderna uses AI to produce mRNAs for researchers to work with, so they no longer have to create mRNA manually to run experiments. And last year, it signed a deal with International Business Machines to use its AI and quan ...
Is This a Setback for Moderna?
The Motley Fool· 2024-05-14 10:35
Moderna's RSV candidate First, a bit of background on Moderna's RSV candidate. RSV generally causes cold-like symptoms, but the virus could be severe for certain groups like elderly people or infants. Moderna is seeking approval for its vaccine in people over age 60 in various countries around the world, including the U.S. Last year, regulators approved two other RSV vaccines -- from GSK and Pfizer -- so Moderna isn't the only player in this field. But there's room for more than one, and Moderna may even ex ...
Moderna (MRNA) Falls as FDA Extends Review Time for RSV Vaccine
Zacks Investment Research· 2024-05-13 16:26
Shares of Moderna, Inc. (MRNA) were down 4.4% on May 10 after the company announced that the FDA has delayed the review timeline for its mRNA-based, respiratory syncytial virus (RSV) vaccine, mRNA-1345. Moderna has developed mRNA-1345 for use in older adults (aged 60 years and above). The regulatory body notified the company that due to administrative constraints, it would not be able to complete the review of the biologics license application (BLA) for mRNA-1345 by the Prescription Drug User Fee Act date o ...
Investors Heavily Search Moderna, Inc. (MRNA): Here is What You Need to Know
Zacks Investment Research· 2024-05-13 14:02
Moderna (MRNA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this biotechnology company have returned +11.6%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Medical - Biomedical and Genetics industry, which Moderna falls in, has gained 0.8%. The key question now is: What could be the stock's future direction ...
Moderna and OpenAI Are Teaming Up, but Does That Make the Stock a Buy?
The Motley Fool· 2024-05-12 13:25
This team-up is more than a PR stunt, but it might not be revolutionary.Moderna (MRNA) and OpenAI are collaborating to bring artificial intelligence (AI) to every level of the biotech's operations, and the implications could perhaps be significant for investors. If the lofty claims made by others in the biotech industry are true, the company could see a smattering of benefits that ultimately enable it to capture more earnings. And, at a time when its coronavirus vaccine revenue is no longer enough to make t ...