AstraZeneca (NYSE:AZN) fell about 5% on Thursday, having plunged as much as 9% earlier in the day, after its closely watched Phase III CARDIO-TTRansform trial failed. At its worst, the setback wiped roughly £19 billion (about US$24 billion) off the company's value, though the shares clawed back some of that loss through the session. For…
Healthcare Stocks
ReNerve (ASX:RNV) secures a A$5 million RiverFort convertible facility to fund US sales expansion of its FDA-cleared NervAlign Nerve Cuff.
Eli Lilly (NYSE:LLY) hit a fresh all-time high on Tuesday, rising about 3% to near US$1,236 after JPMorgan lifted its price target on the stock to US$1,400. The drugmaker is now worth more than US$1.1 trillion, making it one of the largest healthcare companies on earth. The excitement is all about weight-loss drugs, but with…
CurveBeam AI (ASX:CVB) Q4 FY26 quarterly shows two HiRise POs, an 80% receipts jump, and a China NMPA clearance sitting at the heart of the story.
Cogstate (ASX:CGS) booked US$89m of contracts in FY26, up 116%, with US$48.3m already locked in for FY27 revenue.
Clinuvel Pharmaceuticals (ASX:CUV) is a perculiar company. It is a rare example of an Australian biotech that not only survived the long march from discovery to approval but did so with discipline, profitability and independence. Its 2019 FDA approval for Scenesse was the defining moment in its history, the point at which a decades‑long scientific…
Crinetics (NASDAQ:CRNX) nearly doubled on Tuesday, soaring about 98% to near US$83, after Vertex Pharmaceuticals agreed to buy the company in an all-cash deal. Vertex is paying US$85.00 per share, valuing Crinetics at roughly US$10 billion. For shareholders, this is a massive overnight win. But the more useful question for investors now is not why…
Botanix Pharmaceuticals (ASX:BOT) has secured a European patent Intention to Grant on the Sofdra applicator, running to May 2039 and reshaping its ex-US options.
Island Pharmaceuticals (ASX:ILA) secures Uganda approval to deploy Galidesivir into an active Bundibugyo Ebola outbreak under the WHO MEURI framework.
What was worst ASX 200 Sector in FY26? With a 36% decline, it was healthcare. Technology fell by a similar amount, but while you could argue you'd expect tech to fall given rising geopolitical tensions and interest rates, you wouldn't for health because the sector is normally defensive.
While the theoretical reasons for thinking health is…
