22:51 , May 14, 2019 |  BC Extra  |  Politics & Policy

Hawley bill would limit export of biotech to China

Proposed legislation from Sen. Josh Hawley (R-Mo.) would give the U.S. government control over the export of biotechnology from the U.S. to China. The bill's text admonishes China for "consistently" stealing IP and manipulating lawful...
00:16 , May 14, 2019 |  BC Extra  |  Financial News

Trade tensions sink biotech shares as markets skid

While biopharma products have largely escaped Beijing and Washington’s tariff lists, biotech indexes were dragged down with the rest of the U.S. market Monday as the U.S. and China escalated their trade war. But industry...
21:08 , Aug 8, 2018 |  BC Extra  |  Politics & Policy

Rep. Collins indicted with insider trading in biotech shares

A grand jury charged Rep. Christopher Collins (R-N.Y.) Wednesday with insider trading in shares of Australian biotech Innate Immunotherapeutics Ltd. (ASX:IIL) by alerting family members of a clinical trial failure before the results were made...
23:00 , Apr 4, 2018 |  BC Extra  |  Financial News

Stocks recover following volatile session

Biotech shares and the broader market ended Wednesday in the black following a volatile trading day which saw the Dow Jones Industrial Average lose more than 700 points in early trading. The NYSE Arca Biotechnology...
00:06 , Apr 4, 2018 |  BC Extra  |  Politics & Policy

Washington's proposed list of Chinese tariffs includes vaccines

The Office of the U.S. Trade Representative released a list of Chinese products that could be subject to additional 25% import duties, including vaccines and other healthcare products. The estimated annual trade value of the...
23:12 , Apr 2, 2018 |  BC Extra  |  Financial News

Biotech indexes fall

Biotech shares dropped sharply to start the second quarter as the broader market fell following renewed jitters over a U.S.-China trade war and increased scrutiny of tech companies in Washington. The NYSE Arca Biotechnology Index...
08:00 , Feb 2, 2015 |  BioCentury  |  Finance

Dropping your shorts

While some investors have begun to wonder out loud if there is a biotech bubble forming, the short interest numbers suggest the answer is "not yet" - although short interest in the larger biotechs is...
02:52 , Dec 24, 2014 |  BC Extra  |  Top Story

Bloody Tuesday for biotech

Biotech shares dropped in the wake of Monday's news of price wars for HCV drugs, with the BioCentury 100 index falling 5% and the NYSE Arca Biotechnology (BTK) dropping 4%. The BioCentury benchmark has fallen...
07:00 , Mar 31, 2014 |  BioCentury  |  Finance

Slip-sliding

Sector-specific concerns plus an investor rotation out of growth stocks have sent biotech shares tumbling. Buysiders think the slide is a healthy correction rather than a sign the dance music has stopped. The iShares Nasdaq...
07:00 , Jul 16, 2012 |  BioCentury  |  Finance

Asset value arbitrage

The Vontobel Group is looking to take Swiss biotech fund BB Biotech AG private. That would allow both the Swiss bank and shareholders of BB Biotech to cash in on a longstanding discrepancy between the...