Biotech Beat: Synergy Pharmaceuticals (SGYP) | Biogen (BIIB) | CIGNA (CI) | XOMA Corp (XOMA)

Today has been a rough day for the biotech market as a whole. However, in digging through the popular assets in the sector, I found a few notable movements. Here’s they are… Synergy Pharmaceuticals Is Down | Not For Long Synergy Pharmaceuticals Inc (NASDAQ: SGYP) Synergy Pharmaceuticals is having a tough day in the market … Read more

Anthem & CIGNA Enter Into Definitive Acquisition Agreement

Anthem, Inc. (NYSE: ANTM) | CIGNA Corporation (NYSE: CI) One of the biggest stories in biotech recently has been talks of Anthem acquiring CIGNA. However, today those talks have resulted in a definitive agreement in which Anthem will acquire CIGNA for a total value of $54.2 billion. Today, we’ll discuss the details of the acquisition … Read more

Today In Biotech: XOMA Corp (XOMA), Synergy Pharmaceuticals (SGYP), MannKind Corporation (MNKD), Cigna (CI)

XOMA Stock Starts To Recover XOMA Corp (NASDAQ: XOMA) XOMA had an incredibly rough day in the market yesterday. After announcing that a recent Phase 3 study missed its primary endpoint, the stock fell dramatically; losing more than 70% in a single trading session. However, today, we’re starting to see good news out of the … Read more

CIGNA Corporation (CI) Stock Is Up After Declining Take-Over Bid

CIGNA Corporation (NYSE: CI) Last week, CIGNA Corporation stock started to soar after a rival healthcare company, known as Anthem Inc (NYSE: ANTM) attempted to take over the company with a bid of $47.5 billion. However, today, CI declined the offer; sending the stock even higher. So today, we’ll talk about why the offer was … Read more

Biggest Gainers In Biotech Today | CIGNA Corporation (CI) | Anthera Pharmaceuticals (ANTH) | ZIOPHARM Oncology (ZIOP) | Opexa Therapeutics (OPXA)

While this morning was a bit of a rough start for biotech stocks, it seems as though things are changing rather quickly from red to green. In the space, there are several stocks gaining, but I’ve dug out what are some of the biggest gainers so far today. Here’s the scoop… CIGNA Corporation Climbs On … Read more