Angenus (AGEN) is a biotech company focused on clinical-stage immuno-oncology, with 17 candidates in development. Nine of those candidates are company owned, while the rest are with partnerships of some well-known drug makers. AGEN also has three experimental vaccines in clinical studies, as well as two adjuvants, which are substances that enhance the body’s immune […]
Pharmaceuticals
Rite Aid Remains a Risky Investment
Shares of Rite Aid (RAD) came into 2021 on a roll after rising from a 52-week low of $8.86 to hit a 52-week peak of $32.48 in late January. Some of the bullishness here was the result of Rite Aid being a so-called “meme stock” that Reddit traders had on their radar. Other meme stocks […]
Trade of the Week: PFE
There was a significant amount of unusual options action this past week in Pfizer (PFE). The pharmaceutical giant posted earnings during the week, which resulted in over 12x the numbers of average options traded on the day of the release. More impressively, 94% of the action was in calls, which is generally a very bullish […]
New COVID-19 “Papers” Could Determine Who Can and Cannot Enter Buildings
Last week there was a COVID-19 testing announcement with the potential to let United States citizens and the U.S. economy more quickly return to some semblance of normalcy. The availability of a $5.00, 15-minute COVID test will let life return to a more historical level of activity. On Wednesday, August 26, Abbott (ABT) announced it […]