Three stocks to watch as a big annual biotech conference gets underway_老虎社区_美港股上老虎

Three stocks to watch as a big annual biotech conference gets underway

CNBC2021-05-31

The annual ASCO meeting begins at the end of the week, a conference that has often provided a tailwind for biotech and pharma names. Biotech has been a laggard this year, gaining big in February and ...

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147

Tigger777
·2021-06-01
Diversify the investment in BioNTech stocks
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hmmwvms
·2021-06-01
L&C (like and comment) please. Thank you :)
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2
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- HH浩:
  Reciprocate
  2021-06-01
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- hmmwvms:
  Thank you
  2021-06-01
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Fartyclown
·2021-06-01
👀
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- Godskitchen:
  skill
  2021-06-01
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- Fartyclown:
  🙏🏻
  2021-06-01
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- Fartyclown:
  .
  2021-06-02
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ryanlow
·2021-06-01
wow
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- Shadotaiger:
  reply?
  2021-06-01
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- aesemera:
  cheers!
  2021-06-01
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1501aab4
·2021-06-01
Gooooooooo
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- ryanlow:
  wow
  2021-06-01
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- Singman:
  pls like and comment on me too.
  2021-06-01
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MrMrsBean
·2021-06-01
[强]
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4
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- WeiChyi:
  K
  2021-06-01
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Alannjy
·2021-06-01
Like and comment
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- CLONGER:
  Done.
  2021-06-01
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- Mythology:
  😊
  2021-06-01
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happymoney
·2021-06-01
Bio
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- Alannjy:
  Like and comment
  2021-06-01
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- happymoney:
  Likey
  2021-06-01
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Genes
·2021-06-01
Ok
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- RAMA:
  LookS Good
  2021-06-01
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- Alannjy:
  Like and comment
  2021-06-01
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banchin
·2021-06-01
Please give me comments and like
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- Andtendo:
  Ok
  2021-06-01
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- Alannjy:
  Like and comment
  2021-06-01
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WWX2020
·2021-06-01
This is odd
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- 1501aab4:
  Hiiiii
  2021-06-01
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WWX2020
·2021-06-01
Please like
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AlexRach
·2021-06-01
Ok
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1
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- 1501aab4:
  To the moom
  2021-06-01
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chloectf
·2021-06-01
Always interesting to learn about these more niche companies 👍
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- yesssuu:
  nice
  2021-06-01
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- jaswsf:
  [强] [OK]
  2021-06-01
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Dollarvan
·2021-06-01
Like n comment
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4
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- 小小馒头:
  Sure boss!
  2021-06-01
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TWKF
·2021-05-31
Yes
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chiin
·2021-05-31
Yes
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3
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- AshleyKinson:
  ok
  2021-05-31
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- chiin:
  🤣
  2021-05-31
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AshleyKinson
·2021-05-31
3?
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3
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- chiin:
  Yes itsay
  2021-05-31
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tangtkh
·2021-05-31
Watch
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4
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- AshleyKinson:
  what
  2021-05-31
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ShashaRenz
·2021-05-31
Like please
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Meacham said it is important but ASCO may not provide the pop to stocks it did in other years.\n“ASCO was by far and away the biggest medical conference of the year, and people looked forward to that. And you would have company presentations in front of 30,000 oncologists,” he said. “There would be hundreds of Wall Streeters. You could get a very good handle on what was the buzz of the meeting. SInce it’s virtual, it doesn’t have as much of its charm.”\nBut Meacham said ASCO could still be positive. “You have data that’s brand new and that could lead to approvals and some very good products,” he said.\nMeacham said he’s still positive on biotech despite its lackluster performance. He especially likes mid-cap biotech.\n“We’ve been pretty positive on the group. Recognizing that drug pricing has been a little bit of a cloud over the past couple of years, and 2021 is no different,” said Meacham. “But when you look at the pipeline, the midcap biotech pipeline looks fantastic.”\nThe pipeline in big pharma is got but not as robust. “For the most part, it’s singles and doubles. But not surprisingly, midcap biotech has some home run potential but with more risk. That’s what drives the industry - the innovation and new therapies - and that’s why we’re still positive.”\n\nThe IBB iShares NASDAQ Biotech ETF gained 0.4% last week, but it is up just 0.3% year-to-date. The widely followed IBB was down 1.7% for the month of May.\nMeacham identified three companies that could get a positive reception at the ASCO meeting. Bank of America has a buy rating on all of them. One of those is big pharma Bristol-Myers Squibb.\n“Bristol is probably one of the winners,” he said. The company’s anti-LAG-3 antibody relatlimab melanoma treatment has been in development and there will be data from a large phase 3 trial. He said the product was used with its Opdivo, and could have a better safety profile than the current treatment of Opdivo combined with Yervoy. He does expect Opdivo and Yervoy to maintain the lead share of the market going forward.\nBig cap biotech Amgen is presenting on its lung cancer drug Lumakras, which received Food and Drug Administration approval Friday. The drug was approved to treat lung cancer patients with a genetic mutation known as KRAS. The approval came sooner than expected and sent Amgen shares up more than 1.1% Friday.\nHe said it could be combined with other therapy, like Opdivo. “That two drug combination could be really profound,” he said.\nBiotech company Seagen is going to present on its Padcev treatment for bladder and kidney cancer, launched last year. “This is an update of existing data,” he said. The data shows patients live longer.\nThe study is a small phase 2 trial, but there is another larger phase 3 trial that combines the therapy with Merck’s Keytruda.\nOther companies with data to be presented at ASCO include Eli Lilly,Merck,Regeneron,Hookipa,AbbVie, and Gilead.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":119397959,"gmtCreate":1622517886371,"gmtModify":1634100883241,"author":{"id":"3583019971396816","authorId":"3583019971396816","name":"Tigger777","avatar":"https://static.tigerbbs.com/53969c426622bc828bc9dda9aa263652","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Diversify the investment in&nbsp;BioNTech stocks&nbsp;","listText":"Diversify the investment in&nbsp;BioNTech stocks&nbsp;","text":"Diversify the investment in BioNTech stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119397959","repostId":1104481164,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110751875,"gmtCreate":1622505811497,"gmtModify":1634101072450,"author":{"id":"3578570760040163","authorId":"3578570760040163","name":"hmmwvms","avatar":"https://static.tigerbbs.com/a906b2444a1aca7cd161a6e1ee03687e","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"L&amp;C (like and comment) please. Thank you :)&nbsp;","listText":"L&amp;C (like and comment) please. Thank you :)&nbsp;","text":"L&C (like and comment) please. Thank you 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