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Sun Pharmaceutical Industries Ltd. Buys US-Based Checkpoint for $355 Million

Sun Pharmaceutical Industries Ltd. has agreed to buy US-based immunotherapy and oncology firm Checkpoint Therapeutics Inc. for an upfront payment of $355 million, as India’s largest drugmaker bolsters its specialty therapy portfolio. The acquisition is the firm’s second in less than three months, as it tries to rapidly diversify beyond generic drugs and build out a portfolio of novel therapies. This deal further underscores Sun Pharma's expansion into the lucrative US market for specialty medicines.

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Acquiring Therapies: Sun Pharma to Acquire Checkpoint Therapeutics Δ1.92

Sun Pharmaceutical Industries has agreed to acquire Checkpoint Therapeutics for an aggregate upfront price of $355m, adding a US FDA-approved immunotherapy treatment to its global franchise. The acquisition is expected to provide patients with access to a new treatment option for advanced cutaneous squamous cell carcinoma. Sun Pharma will purchase all outstanding shares and obtain the therapy through its existing development pipeline.

Checkpoint Therapeutics Acquisition to Boost Sun Pharma's Oncology Portfolio Δ1.91

Sun Pharmaceutical Industries' acquisition of Checkpoint Therapeutics for $355 million is expected to significantly boost its oncology portfolio with the addition of UNLOXCYT, a U.S. FDA-approved treatment for advanced skin cancer. The deal aligns with Sun Pharma's active expansion strategy in recent years, focusing on immunotherapy and targeted oncology companies. This transaction will enable Sun Pharma to tap into Checkpoint's immunotherapy and targeted oncology expertise.

Sunshine Biopharma Acquires Rights to Launch Two Gastrointestinal Drugs in the Canadian $200 Million Δ1.77

Sunshine Biopharma Inc. has announced the acquisition of rights to two gastrointestinal drugs, including Prucalopride, a generic version of Resotran, which is indicated for the treatment of chronic idiopathic constipation in adult women. The company's plan to launch these drugs positions it well to capitalize on the growing demand in the chronic idiopathic constipation market, expected to grow at a Compound Annual Growth Rate (CAGR) of 4.64% from 2024 to 2034. By expanding its portfolio of life-saving medicines, Sunshine Biopharma aims to solidify its position as a leading player in Canada's pharmaceutical industry.

Immunology Stock Showdown: Gsk Plcs (Gsk) vs the Rest Δ1.75

Immunology stocks have witnessed significant growth in recent years due to advancements in biotech and pharmaceutical companies, driven by rising demand for innovative treatments for autoimmune diseases, cancer immunotherapies, and vaccines. As the global market for immunotherapy medications is expected to rise at a high pace, from $240 billion in 2023 to $1.3 trillion in 2033, investors are looking to capitalize on this trend. GSK plc (GSK) stands out as a prominent player in the immunology sector, boasting a strong pipeline of treatments and a history of regulatory approvals.

The Best Small Cap Pharma Stocks to Buy Now Face Uncertain Regulated Environment Δ1.73

Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) stands out among its peers in the small cap pharma sector due to its promising pipeline and solid financials. The company's obesity medication candidates have shown encouraging results in clinical trials, offering a potential solution for weight management disorders. However, the regulatory landscape remains uncertain, with ongoing debates about the efficacy of these medications and the impact of US tariffs on pharmaceutical manufacturing costs.

Chimerix, Inc. (CMRX) Soared Last Week Δ1.72

Chimerix, Inc. (NASDAQ:CMRX), a biopharmaceutical company, experienced a significant surge in share price last week, jumping 60.5 percent to $8.43 per share, following the announcement of its acquisition by Jazz Pharmaceuticals for $935 million. The deal grants Jazz access to Chimerix's clinical asset dordaviprone, a novel treatment for H3 K27M-mutant diffuse glioma, a rare and high-grade brain tumor. The acquisition is expected to be completed in the second quarter of this year.

Novavax's Quarterly Loss Shrinks as It Ramps Down Spending on Covid Vaccines Δ1.71

Novavax's fourth-quarter loss narrowed on Thursday, helped by reduced selling and administrative expenses of COVID-19 vaccines. The company has struggled to keep up with the pace of rivals Moderna and Pfizer, which make messenger RNA-based vaccines compared to its protein-based shot. Novavax signed a deal worth at least $1.2 billion with French drugmaker Sanofi in May to hand over the rights to sell its vaccines in several markets.

MODerna Stock Zooms Nearly 16% Higher on Hump Day Δ1.71

Moderna's stock price surged nearly 16% higher following a court ruling in Germany that found Pfizer and BioNTech had violated a COVID-19 patent held by Moderna. The company, best known for producing the Spikevax vaccine, will receive compensation from its rivals for the use of the patent in developing their own COVID jab, Comirnaty. This decision establishes a significant precedent for intellectual property protection in the pharmaceutical industry.

Celsius Stock Is Soaring Again and Just Made a $1.8 Billion Bet that Is Delighting Shareholders Δ1.71

The tide may be turning for Celsius Holdings as its stock jumped 40% following its fourth-quarter earnings report and announcement of the blockbuster acquisition of competitor Alani Nu. Management is aggressively positioning itself as the leader in sugar-free energy drinks, with combined revenue from Celsius and Alani Nu poised to close in on 20% market share in the United States. Investors have applauded Celsius's bounce-back earnings and the Alani Nu deal, with some speculating that this marks a turning point for the company.

Rising Biotech Stock Surpasses Expectations So Far in 2025 Δ1.71

Precigen, Inc. (NASDAQ:PGEN) has seen a significant surge in value this year following the FDA's Priority Review of its investigational AdenoVerse gene therapy, PRGN-2012, for treating adults with recurrent respiratory papillomatosis (RRP). The company's stock price has increased by 55.36% so far in 2025, ranking it 9th on our list of biotech stocks that are skyrocketing this year. With a consensus price target of $7 implying 300% upside, Precigen, Inc. is gaining attention from investors.

How Small Cap Pharma Stocks Will Rise Amid Obesity Treatment Boom? Δ1.71

Pacira BioSciences, Inc. (NASDAQ:PCRX) is a leading small cap pharma stock that stands out among its peers due to its strong pipeline and growing demand for obesity treatments. The company's injectable medication, Qsymia, has shown promising results in clinical trials, demonstrating significant weight loss benefits for patients. With the increasing focus on innovative weight reduction solutions, Pacira BioSciences is well-positioned to capitalize on this trend.

Pharmaceutical Company Seeks Tax Cuts to Fuel Domestic Manufacturing Δ1.70

Eli Lilly's $27 billion investment in four new manufacturing sites in the United States hinges on tax cuts, with CEO David Ricks stating that extended or improved policies are essential for supporting domestic investments. The company aims to create 3,000 permanent jobs and nearly 10,000 construction jobs, focusing on producing active pharmaceutical ingredients. This move could help reinvigorate domestic manufacturing and increase exports of medicines made in the U.S.

TSMC Announces Huge US Investment to Boost AI Development Δ1.70

Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing at least $100 billion in the US semiconductor manufacturing sector over the next four years, marking the largest single foreign direct investment in US history. This investment will support the establishment of three new fabrication plants, advanced packaging facilities, and an R&D center, with the potential to create tens of thousands of high-paying jobs in construction and technology. The move reflects a strategic effort to strengthen the US supply chain and reduce dependence on foreign semiconductor production.

Walgreens Acquisition Could Spark Consolidation in Healthcare Industry Δ1.70

Sycamore Partners' potential buyout of Walgreens Boots Alliance Inc. could lead to a significant shift in the pharmacy retailer's business segments, potentially sparking consolidation in the healthcare industry as private credit lenders and banks vie for financing opportunities. The acquisition plans involve splitting up Walgreens into separate businesses, which could impact the company's operational capacity and strategic direction. Private equity firms have a history of restructuring companies through acquisitions.

TSMC to Spend $100B to Expand Chip Manufacturing in US, Trump Announces. Δ1.70

TSMC, the world's biggest semiconductor manufacturer, plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. The investment will be for three more chip manufacturing plants, along with two packaging facilities, in Arizona. This move aims to restore American dominance in the global semiconductor market and create thousands of high-paying jobs.

Springworks Therapeutics, Inc. (Swtx) Takes Immunology Lead Δ1.70

Immunology stocks are expected to benefit from growing demand for innovative cancer immunotherapies and treatments for autoimmune diseases. SpringWorks Therapeutics, Inc. is poised to capitalize on this trend with its pipeline of immunotherapy medications, including a potential best-seller in the treatment of solid tumors. With significant investments in research and development, SpringWorks is well-positioned to stay ahead of competitors in the rapidly advancing field.

Skyrocketing Biotech Stocks: The BeiGene Advantage Δ1.70

BeiGene, Ltd. (NASDAQ:ONC) has surged in value this year, driven by solid Q4 and full-year results that demonstrate the company's growth potential. The stock's global revenue growth of 78% year-over-year to $1.1 billion in Q4 2024 highlights the increasing demand for cancer treatments. As the global population ages, the number of cancer patients is expected to rise, creating a significant opportunity for companies like BeiGene to expand their market share.

VKTX Stock Soars on Rumors of Pfizer Acquisition Deal Δ1.70

Viking Therapeutics, Inc. (NASDAQ:VKTX) saw a significant increase in share price by 9.30 percent to close at $28.09 apiece on Tuesday, driven by rumors of a potential acquisition deal with pharmaceutical giant Pfizer Inc. The company has announced participation in two investor conferences, sparking hopes for new developments and possible partnerships. Despite the recent earnings report showing widening net losses, investors have expressed optimism about the company's future prospects.

Microsoft Just Handed IPO Prospect Anduril a $22 Billion Opportunity. Δ1.70

Anduril Industries has taken the defense industry by storm with its recent announcement of partnering with Microsoft to develop the Integrated Visual Augmentation System (IVAS) for the U.S. Army, which is expected to be worth $22 billion over 10 years. The deal marks a significant shift in Anduril's strategy, as it takes over full responsibility for developing and producing IVAS from Microsoft, which previously handled all roles. With this partnership, Anduril will be able to leverage its expertise in artificial intelligence-powered drones to enhance the capabilities of IVAS.

Iovance Biotherapeutics Inc (Iova) Q4 2024 Earnings Call Highlights: Strong Revenue and Growth Δ1.70

Iovance Biotherapeutics Inc has announced a strong revenue performance in its Q4 2024 earnings call, driven by the success of its AntagB therapy. The company's robust manufacturing network and favorable medical coverage policies have contributed to this growth. Iovance Biotherapeutics Inc is now expanding its capacity further to meet increasing demand.

TSMC Expands Investments in the U.S. to $165 Billion with New Fabs and R&D Center Δ1.70

TSMC has announced an additional investment of $100 billion into its U.S. operations, bringing its total commitment to $165 billion, aimed at expanding its manufacturing capacity with new fabs, packaging facilities, and an R&D center primarily located at Fab 21 in Phoenix, Arizona. While the company plans to ramp up construction and create approximately 40,000 jobs over four years, specific details regarding the timing and technologies remain undisclosed. Despite the potential for increased semiconductor production in the U.S., the higher costs associated with domestic manufacturing may deter some companies from utilizing TSMC's services.

Abbvie's Next Big Moneymaker? This Drug Just Took a Huge Step Toward Approval Δ1.70

AbbVie has received a positive opinion from the European Medicines Agency for its drug upadacitinib (RINVOQ), potentially positioning it as a leading treatment for giant cell arteritis (GCA). If approved by the European Commission, upadacitinib would be the first oral advanced therapy for GCA, marking a significant advancement in AbbVie's immunology portfolio amid rising competition from biosimilars. This development could drive AbbVie's growth trajectory, making it a key player in the biopharmaceutical sector.

Beauty Industry Shakeup as Huda Beauty Sells KAYALI to Co-Founder and General Atlantic Δ1.70

Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and private equity firm General Atlantic, allowing the beauty company to buy back a stake previously held by TSG Consumer Partners. Founded in 2018 by Huda Kattan and her sisters, Huda Beauty has gained significant social media traction, positioning itself ahead of competitors in the beauty industry. The restructuring aims to restore full founder ownership and maintain KAYALI's independence under Kattan's leadership.

Recovery on Horizon: Novo Nordisk A/S (NYSE:NVO) Δ1.70

Novo Nordisk A/S (NYSE:NVO) is poised for a strong recovery driven by its robust pipeline of pharmaceutical products. The company's second-largest biopharma business has been gaining traction, with its diabetes and obesity care segment showing significant promise despite losing market share in the GLP-1 category drugs. NVO's focus on emerging therapy areas and high-efficacy drugs positions it for long-term growth.

Growth Stock Alert: Jazz Pharmaceuticals Is a Top-Ranked Growth Stock: Should You Buy? Δ1.69

Jazz Pharmaceuticals, with its B Growth Style Score and A VGM Score, boasts a solid growth profile, projecting 6.2% year-over-year earnings growth and 5.6% top-line expansion in 2025. The company's ability to generate cash flow growth of 11.6% is also noteworthy. Furthermore, three analysts have revised their earnings estimates higher in the last 60 days, with the Zacks Consensus Estimate increasing by $0.12 to $22.19 per share.