FSD Pharma Inc (CNSX:HUGE) Is A Sell On Soaring Short Selling Pressure

FSD Pharma Inc (CNSX:HUGE) Is A Sell On Soaring Short Selling Pressure

Share Tweet Share Share Email FSD Pharma Inc (CNSX:HUGE) sentiments in the market have turned sour even on surpassing the one billion mark on shares traded. The stock is the subject of increased short selling pressure as sellers threaten to push it to new lows. Over the past few weeks, the stock has shed more […]

Lupin's likely Nifty exit to drag pharma weightage to lowest since 2009

Lupin's likely Nifty exit to drag pharma weightage to lowest since 2009

The weightage of the pharmaceutical sector on the Nifty index is likely to drop to levels last seen after the Lehman crisis, analysts at ICICI Securities have written in a report. Performance of pharma stocks has led to a decline in the free-float (FF) market cap (Mcap). It expects Lupin to exit from the index and make […]

New markets opening up for pharma exports: Drugs body

New markets opening up for pharma exports: Drugs body

By Express News Service HYDERABAD: New markets are expected to drive the growth of Indian pharma exports, in spite of headwinds in the traditional US market. “For the first time, Indian pharma exports grew to $17.26 billion in financial year 2017-18. In spite of eight per cent negative growth from the US market, pharma exports […]

Top 10 Health Benefits of Drinking Hot Water

Top 10 Health Benefits of Drinking Hot Water

Treats Achalasia Achalasia is an esophageal motility disorder, which makes it difficult for the food and liquids to pass into the stomach. Drinking hot water reduces dysphagia (difficulty in swallowing), regurgitation (backward flowing of food from the stomach to the mouth) and chest pain, which are the common symptoms of achalasia. Whereas, intake of cold […]

Pharma critics turn their fire on a Democrat

Pharma critics turn their fire on a Democrat

The advocacy group Patients for Affordable Drugs Action is launching an ad campaign today against Rep. Anna Eshoo — the first time the group has targeted a Democrat. The big picture: According to Patients for Affordable Drugs, Eshoo has received more money from the pharmaceutical industry than any other House member. The group is spending […]

Northern New York Power Proceeds Allocation Board recommends funding for Kingston Pharma LLC expansion

Northern New York Power Proceeds Allocation Board recommends funding for Kingston Pharma LLC expansion

MASSENA — The Northern New York Power Proceeds Allocation Board has recommended that the New York Power Authority board of trustees approve $200,000 to Kingston Pharma LLC to assist with the company’s expansion on County Route 42. Board members unanimously approved the recommendation Thursday. Board Chairman Patrick J. Kelly recused himself because he is the […]

Hyphens Pharma profit down 25.6%, mainly from one-off IPO expenses

Hyphens Pharma profit down 25.6%, mainly from one-off IPO expenses

Fri, Aug 10, 2018 – 9:30 PM SPECIALTY pharmaceutical and consumer healthcare group Hyphens Pharma International posted a profit after tax of S$1.6 million for its second quarter, down 25.6 per cent from a year ago, mainly due to one-off IPO expenses. Revenue ticked up 0.5 per cent to S$30.9 million, mainly due to increased […]

Nebraska execution can go ahead despite German pharma firm's opposition, judge rules

Nebraska execution can go ahead despite German pharma firm's opposition, judge rules

German pharmaceutical company Fresenius Kabi’s argument that Nebraska illicitly obtained its drugs is not enough to prevent the US state from conducting an execution by lethal injection, US District Judge Richard Kopf ruled on Friday. On Tuesday, state prison officials are scheduled to execute Carey Dean Moore, one of the nation’s longest-serving death row inmates, using […]

Alnylam Pharma (ALNY) Patisiran (Onpattro) Approved by FDA

Alnylam Pharma (ALNY) Patisiran (Onpattro) Approved by FDA

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. (Updated – August 10, 2018 1:00 PM EDT) (updated to add FDA release) Alnylam Pharma (NASDAQ: ALNY) Patisiran (Onpattro) approved by FDA. Below is a release from the FDA: The U.S. Food and Drug Administration today approved Onpattro (patisiran) infusion for the […]

Short Sellers Hike Bets in Major Pharma Stocks

Short Sellers Hike Bets in Major Pharma Stocks

By Chris Lange August 10, 2018 9:50 am EDT Pharmaceutical companies usually are involved in a lengthy process of getting their drug candidates to market through clinical trials. There is a fair amount of risk involved, should a study come back negative or a candidate not be approved. Conversely, if a drug gains FDA approval […]