Moderna is the standout gainer, but the stragglers are becoming more apparent as the pandemic tide retreats.
A combination of Verastem’s small molecules shows promise in Kras-driven ovarian cancer, but shares fall on toxicity concerns.
US drug stocks were shielded from bigger falls in the first quarter by leading coronavirus researchers, leaving groups listed in Japan and Europe to tumble harder.
The coronavirus pandemic wiped billions from global drug stock valuations in the first quarter, with the few gainers failing to offset huge losses elsewhere.
Using drugs that can cause or exacerbate lung infections to treat the novel coronavirus – what could go wrong?
For $3m Verastem adds to its pipeline another asset that a bigger company had given up on.
If the first three quarters of 2019 were dominated by pricing fears, the last saw a remarkable comeback for biopharma.