Streetwise Reports' Article Archives — November 2019 back to current month (137)
Analyst Downgrades Gold Producer After It Agrees to Acquire Midsized Miner (11/30/2019)
The perceived pros and cons of the transaction are provided in a CIBC report.
Coverage Initiated on Energy Efficiency Firm, 'One of a Kind Stock' (11/30/2019)
The thesis for investing in this company is provided in a Raymond James report.
Canada Asset Sale 'Helps Company Focus on Mexico' (11/30/2019)
The specifics and benefits of the transaction are addressed in a ROTH Capital Partners report.
Oil & Gas Company Raises 2019 Production Guidance (11/30/2019)
The factors driving the change are spelled out in a Pareto Securities report.
Drill Results Extend Gold Mineralization at Mexico Deposit (11/29/2019)
The mineralization is extended downdip.
Explorer Earns 100% Ownership of Golden Triangle Project (11/29/2019)
The Canadian company accomplishes this by completing the requisite expenditures and drilling on the property.
Explorer Starts Compiling Data on Newly Acquired Quebec Project (11/29/2019)
This is the first step in planning a 2020 exploration program for the asset.
Highest Grade Intercept to Date Cut at Canadian Rare Earth Project (11/29/2019)
The hit is in a previously untested area, north of the existing resource estimate.
Tech Data Shareholders Thankful for Apollo Global's Raised Buyout Offer (11/29/2019)
Shares of Tech Data Corp. traded 12% higher today after Tiger Midco LLC, an affiliate of Apollo Global, raised its takeover bid for the company to $145 per share, an 11.54% increase over its prior $130 per share offer earlier this month.
Firm Lands First AR e-Commerce Deal with JumpBall (11/27/2019)
This deal further boosts the number of industries to which the Canadian company provides its AR e-commerce platform.
Oil & Gas Company Raises 2019 Production Guidance (11/27/2019)
This results from progress made with both a second exploration well and commissioning of the production facilities.
Explorer Drills High-Grade Rare Earths at Canada Project (11/27/2019)
Through recent results, the defense metals company also extends the mineralization there.
Tax-Loss Selling Drives Down Junior Stock Prices (11/27/2019)
Money manager Adrian Day looks at three junior resource companies whose stocks are down significantly in the past few months, and attributes some of this to tax-loss selling. He also lists a handful of companies he believes are best buys right now.
Manchester United Investors Get a Kick from Silver Lake's Investment in Rival Football Club (11/27/2019)
Shares of Manchester United traded 12% higher today after private investment firm Silver Lake Partners announced that it is acquiring a $500 million stake in City Football Group, owner of the reigning English Premier League champions Manchester City.
Healthcare Tech Firm Expands Client Base in Texas (11/26/2019)
The company signs six new contracts for its telemedicine-based platform.
Coverage Initiated on Maker of Antibiotic-Free Supplement for Livestock Feed (11/26/2019)
The highlights of this investment story are outlined in a Zacks Small-Cap Research report.
Explorer Reports Continued Drilling Success in Prolific BC Mining Region (11/26/2019)
Within the tested zone, results show two discrete areas of mineralization and extend the strike length.
As Drone Market Changes, This Small Cap Offers Opportunities (11/26/2019)
Ron Struthers of Struther's Resource Stock Report writes that drones are multiplying, but there is a big development investors are missing, and highlights one drone manufacturer he has his eyes on.
ChemoCentryx Shares Spike 300% on Phase 3 ANCA Vasculitis Trial Results (11/26/2019)
Shares of ChemoCentryx Inc. opened greater than 330% higher today after the firm reported positive topline data from its pivotal Phase 3 ADVOCATE trial of Avacopan in treatment of ANCA-associated vasculitis.
Regenerative Medicine Firm Advances Multifaceted Pipeline (11/26/2019)
The company continues advancing its cell therapies and medical device.
White Gold Hits Gold Bigly (11/26/2019)
Bob Moriarty of 321gold provides an update on the company's recent exploration results.
Tax Loss Silly Season Whacks Viva Gold (11/25/2019)
Bob Moriarty of 321gold explains why he sees the stock of this gold explorer as a buy right now.
Skyharbour About to Embark on Deep Drill Program in Athabasca Basin (11/25/2019)
Skyharbour CEO Jordan Trimble discusses uranium supply and demand fundamentals with Maurice Jackson of Proven and Probable and his company's upcoming drill program in the deep rocks of the Athabasca Basin.
Intercept Pharma Shares Rise on FDA Acceptance of NDA for Liver Fibrosis Treatment (11/25/2019)
Shares of Intercept Pharmaceuticals rose today after the company reported that the U.S. Food and Drug Administration accepted its NDA for obeticholic acid (OCA) for the treatment of liver fibrosis due to NASH and granted priority review status.
Lockdown (11/25/2019)
Sector expert Michael Ballanger interprets year-end investment tactics by looking back at a childhood encounter.
'This is Amazing': Technical Analyst Rates Oil & Gas Small Cap Strong Speculative Buy (11/25/2019)
Technical analyst Clive Maund details the fundamentals for this oil & gas firm and explains why he sees it as a strong speculative buy.
Gold Miner Achieves 'Q3/19 Beat' on Top, Bottom Lines (11/23/2019)
The financial results are reviewed in a ROTH Capital Partners report.
Oil & Gas Royalty MLP Benefits from 'Record Production in Q3/19' (11/23/2019)
The quarterly highlights are provided in a Raymond James report.
Uranium Major 'Heading Into a Bigger Q4' (11/23/2019)
The Q3/19 results and the Q4/19 outlook are outlined in a BMO Capital Markets report.
Augmented Reality E-Commerce Tech Firm Lands First International Deal (11/22/2019)
The new client, in the food and beverage industry, is based in the Netherlands.
Copper Explorer to Buy Interest in Copper North Mining (11/22/2019)
Claims of the two companies are adjoining and, thus, allow for potential synergies.
Is Another Sharp PM Sector Down-Leg Imminent? (11/22/2019)
Technical analyst Clive Maund examines the data and answers the question.
NexTech AR Solutions Update After Major Ramp-Up (11/22/2019)
Technical analyst Clive Maund provides an update on the prospects for this technology firm.
EyeGate Pharma Shares Looking Up on Pivotal PRK Ocular Bandage Gel Study Data (11/22/2019)
EyeGate Pharmaceuticals shares opened nearly 85% higher today after the company reported select topline data demonstrating that it met its primary endpoint in its cornea wound repairs pivotal photorefractive keratectomy study using the firm's Ocular Bandage Gel eye drop.
Canadian Gold Miner Achieves 'Strong Q3/19 Operationally' (11/21/2019)
The company's performance during the quarter is covered in a Haywood report.
Underground Sampling Extended at Past-Producing Nevada Mine (11/21/2019)
The mine developer extends its sampling program to include two historical shafts.
Aftermath Locks up a Boatload of Silver (11/21/2019)
Bob Moriarty of 321gold profiles one of the few pure-play silver companies.
Cannabis Firm's Stock Poised for 'Substantial Gains' (11/21/2019)
Technical analyst Clive Maund charts how news from this company affects its investment thesis.
Hepion Pharma Shares Climb 50% Higher on NASH Liver Disease Treatment Results (11/21/2019)
Shares of Hepion Pharmaceuticals opened higher today after the company reported that its anti-fibrotic agent CRV431 prevented the development of liver cirrhosis in a highly aggressive, preclinical liver disease model.
Zero-Commission Trading: Risks and Opportunities, Part 2 (11/20/2019)
Part 2: Who Should Be Your Broker: Exploring which broker may be right for you.
Smart City Security Takes Shape in Mexico City with Lighting and Analytics Collaboration (11/20/2019)
The two firms are bringing together lighting, cameras and analytic technology.
A recent acquisition is helping this company to expand its brand.
Best Brokers for Research (11/20/2019)
Part 3 of Streetwise Reports' Online Brokerage series delves into the research brokerage firms offer.
Energy Firm to Divest Gas Infrastructure Assets for $500 Million (11/20/2019)
The Calgary-based oil & gas company states the transaction will add shareholder value and strengthen the balance sheet.
Explorer Receives $4M as First Payment from Sale of Asset in Turkey (11/20/2019)
With the funds, the Canadian company will fast track a drill program at its Idaho gold property.
Explorer to Drill Four Major Targets at North-Central Nevada Project (11/20/2019)
All four are Carlin-type gold targets.
Two Projects in Ecuador Mark 'Turning Point' (11/20/2019)
One project is in the exploration stage, while the other officially opens.
Explorer Drills 37.95 g/t Gold at BC Project (11/20/2019)
The company now intends to update the resource estimate.
Kiniksa Pharma Awarded FDA Breakthrough Therapy Status for Pericarditis Treatment Drug (11/20/2019)
Shares of Kiniksa Pharmaceuticals opened nearly 30% higher today after the firm reported that the FDA granted Breakthrough Therapy designation for Rilonacept for the treatment of recurrent pericarditis.
Junior Minor Cultivates Markets and Projects for Growth (11/20/2019)
In conversation with Maurice Jackson of Proven and Probable, the CEO of this firm talks about prospects in Nevada and Canada's Yellowknife district, and discusses the company's financial strategy.
Explorer Hits More High Grades at Historical Gold-Silver Mine in Nevada (11/20/2019)
With preparatory work there now finished, that mine area is ready for drilling.
Zero-Commission Trading: Risks and Opportunities, Part 1 (11/19/2019)
Part 1: What It All Means for Investors: Online brokers as investments.
Bob Moriarty: Mining Stocks that Have His Attention Right Now (11/19/2019)
Bob Moriarty of 321gold, in conversation with Maurice Jackson of Proven and Probable, expounds on his views of geopolitics, and discusses metal prices as well as a number of mining companies that he finds attractive right now.
Myovant Sciences Shares Up 110% on Phase 3 Advanced Prostate Cancer Data (11/19/2019)
Shares of Myovant Sciences opened 120% higher today after the firm reported a 97% response rate in its Phase 3 HERO Study of oral Relugolix in men with advanced prostate cancer. In the study, Relugolix achieved all six key secondary endpoints and the firm expects to submit a New Drug Application in Q2/20.
Torchlight Firing on All Fronts in Texas (11/18/2019)
The company continues to prove up its holdings as it searches for a partner.
This Miner Could Offer Leverage to a Rising Gold Price (11/18/2019)
Over the past 20 years, this company's shares have outperformed gold by more than five to one.
Medical Small Cap Moving Forward with Cutting-Edge Technological Innovations (11/18/2019)
Premier Health is methodically building an innovative telemedicine platform in Canada, is purchasing a venerable telemedicine firm, and sees 2020 as the year of execution.
Acquisition to Expand Gold Explorer's Footprint near Val D'Or (11/18/2019)
There are 46 claims on the Quebec property being purchased.
Tech Firm to Expand AR Services to Challenger Motor Freight (11/18/2019)
Services include development of augmented reality holograms and three-dimensional AR assets.
Firm to Acquire CBD Products Designer (11/18/2019)
The deal encompasses all of the company's brands, formulations and processes.
Oil & Gas Explorer-Producer Maintains 'Strong Financial Position' (11/18/2019)
The Canadian company states it is well positioned financially for future activities.
Q3/19 Shows Solar Energy Solutions Provider Continues Transition to Higher Margin, Self-Developed Projects (11/18/2019)
Gross margins increased to 29% from 13% QoQ.
If History Repeats, Gold Is Headed to $8,000 (11/18/2019)
Sector expert Jason Hamlin explores the potential of the current gold bull market by charting the courses of past bull markets.
Dissecting the Stock Bubble Debate: Flow Versus Value (11/18/2019)
Sector expert Michael Ballanger interprets the latest market moves and manipulations.
Karuna Shares Jump 375% Higher on Phase 2 Acute Psychosis Treatment Trial Data (11/18/2019)
Shares of Karuna Therapeutics, which completed an IPO in July 2019, soared more than 375% higher today after the firm reported that its KarXT met primary endpoint in a phase 2 clinical trial of acute psychosis in patients with schizophrenia.
The Daily Sentiment Suggests a Major Market Top Is Near (11/18/2019)
Bob Moriarty of 321gold discusses the Daily Sentiment Index and what it could mean for the markets.
Emerging Leader in AR Positioned in the $120 Billion AR Megatrend (11/15/2019)
Starwood Research takes a look at the investment proposition offered by this tech company, asserting it is the only "pure play" stock targeting four multibillion-dollar market opportunities.
Sales of Antibiotic Alternative for Livestock Feed Accelerate in Asia (11/15/2019)
With antibiotic resistance a major health issue, the search is on for effective alternatives to replace antibiotics in livestock feed to promote growth.
Plus Therapeutics Shares Trade Higher on Q3 Earnings and Business Restructuring (11/15/2019)
Plus Therapeutics shares opened 25% higher today after the firm reported Q3/19 financial and business results. In the most recent quarter, the company completed the change of its name, relocated its headquarters to Austin, and raised $15 million for R&D and working capital.
Uranium Firm Divests Kyrgyz Assets to Focus on US (11/14/2019)
Political uncertainty around uranium mining there and the company's desire to focus solely on its U.S. assets prompted the sale.
Oil Producer in Thailand Averaged Oil Sales of Nearly 2,500 bpd in October (11/14/2019)
Two wells in Thailand are producing oil, and the drill program continues.
Explorer Discovers High-Grade Oxide Zone in Nevada (11/14/2019)
The company will further explore the target where it made this discovery.
Tech Firm's Upgrade Generates 'Photo Realistic' 3D AR Images (11/14/2019)
This advancement has been long sought by the industry.
Looking for Gold in Elephant Country (11/14/2019)
As Newrange Gold shifts its focus to Nevada, it is monetizing its Colombian properties to fund exploration.
Geophysics Work Next Up for Uranium Project in Athabasca Basin (11/14/2019)
These efforts are scheduled to be carried out in winter 2020.
Explorer with Great Basin Projects Reports Q3/19 Results (11/14/2019)
The company was active at its two main assets.
Palamina Wants to Ride the Golden Pony in Peru (11/14/2019)
Bob Moriarty of 321gold profiles one of the very few pure gold plays in Peru.
Exicure's Collaboration with Allergan on Treating Hair Loss Disorders Sends Shares Higher (11/14/2019)
Shares of Exicure Inc. opened 30% higher today after the firm reported that it entered into a collaboration agreement with Allergan to discover and develop SNA-based treatments for hair loss disorders. The terms of the deal provide for a $25 million upfront payment to Exicure with the potential to grow to $750 million.
Reliq Re-establishes Itself as Community Care Technology Leader Amidst Sweeping Federal Medicare/Medicaid Changes (11/13/2019)
A shift in the industry leads to big new contracts and parabolic stock performance for this small cap.
Gatling Exploration Aiming to Prove Three Deposits All Part of One System (11/13/2019)
The company is starting off with a resource of close to a million ounces of gold before drilling.
Oil & Gas Company Increases Credit Term Facility to Fund Second Well (11/13/2019)
The terms and the reason are presented in a Mackie Research Capital Corp. report.
Company Achieves Commercial Gold Production Early, on Budget (11/13/2019)
The details of this transition project in Nevada are discussed in a CIBC report.
Ready for Prime Time: Patriot One Technologies Partners with Tech Giants as Commercialization Begins (11/13/2019)
This small-cap firm's threat detection products have evolved from a single technology to a multi-sensor threat detection platform.
Biopharma Presents Data on Alcoholic Hepatitis Therapeutic at Liver Meeting (11/13/2019)
The company intends to follow up in 2020 with a Phase 2b clinical trial.
FDA Approval of Peanut Allergy Treatment Expected Next Year (11/13/2019)
The current status, catalysts and outlook for the immunotherapy are discussed in a ROTH Capital Partners report.
Clinical Trial Results for Alcoholic Hepatitis Drug Delivered in Webcast (11/13/2019)
The online presentation coincides with The Liver Meeting 2019, at which data also are shared.
Mickey Fulp: Why There Are Very Few Real Silver Companies (11/13/2019)
Mickey Fulp, the Mercenary Geologist, sits down with Maurice Jackson of Proven and Probable to discuss silver and its position among the metals, as well as some of his favorite copper, gold and uranium companies.
Electromed Earnings Spark a 25% Increase in Its Share Price (11/13/2019)
Shares of SmartVest maker Electromed traded 25% higher today after the firm reported Q1/20 earnings. The firm's shares set a 52-week high price after reporting a 14.1% increase in year-over-year quarterly revenue and a six-fold increase in net income per share.
Seachange in Mexico on Cannabis Could Benefit This Small Cap (11/13/2019)
Technical analyst Clive Maund highlights a small-cap that may be poised to benefit from the recent Mexican Supreme Court decision on cannabis.
Technical Analyst: Pure-Play Augmented Reality Stock Ready to Take Off (11/13/2019)
Technical analyst Clive Maund explains why he believes this augmented reality stock is ready for its next leg up.
Imagin Medical Poised for Breakout with Bladder Cancer Detection Device (11/12/2019)
A new advancement in bladder-related endoscopic surgery is endorsed and de-risked.
Gold Company Completes Phase 2 Exploration Work at Red Lake Project (11/12/2019)
Results will assist in delineating future potential drill targets there.
Canadian Silver Company Reports Audited Q2/19 Results (11/12/2019)
Significant events involving the firm took place during those three months.
Gold and Silver: Capitulation Time (11/12/2019)
With gold and silver prices having tumbled, sector expert Michael Ballanger outlines how he will weather the storm.
Providence Sits on 6 High-Grade Gold Mines from Yesteryear (11/12/2019)
Bob Moriarty of 321gold profiles a company with historical gold mines in California.
Castle Biosciences Shares Storm Higher After Quadrupling Q3 YoY Revenue (11/12/2019)
Shares of melanoma and other skin cancers diagnostic firm Castle Biosciences Inc. traded more than 15% higher today after the firm announced Q3/19 financial and operational results.
Qurate Retail Shares Trade Higher on Improved Q3 Adjusted EPS (11/11/2019)
Shares of TV shopping and online commerce kingpin Qurate Retail traded 10% higher today after the company reported Q3/19 earnings.
White Gold Delivers, Investors Don't (11/10/2019)
Bob Moriarty of 321gold discusses the stock price of this explorer with a major gold resource in the Yukon.
The Critical Investor looks into the uranium explorer's work in Argentina and the political situation in the country with the recent election of a new president.
FY19 Features Strong Deal Flow for Vancouver-Based Royalty Firm (11/09/2019)
Among other transactions, the company acquired four producing or near-producing royalties.
Explorer Connects Deposits, Identifies Fourth Mineralized Zone at Ontario Project (11/09/2019)
Drill results suggest the company's mineralized trend is part of a larger system.
Exploration Work at Fiji Project Yields Positive Results (11/09/2019)
For one, the company discovered the alkaline gold system there is much larger than initially thought.
Alianza Minerals Hits High-Grade Silver at Haldane During First Stepout Drilling (11/08/2019)
The Critical Investor does a deep dive into this explorer's drill program at its Yukon silver project.
Iovance Biotherapeutics Shares Rise 12% on Updated Phase 2 Melanoma Study Results (11/08/2019)
Shares of Iovance Biotherapeutics traded 12% higher today after the firm reported updated clinical data from its phase 2 lifileucel metastatic melanoma trial.
Real-Time 3D Imaging Achieved for Threat Detection System (11/07/2019)
This is a significant milestone for the company, aiming to complete alpha testing by year-end.
Gold Explorer Reaches Maiden Resource Estimate Milestone (11/07/2019)
Further drilling is planned to increase the project's now existing resource.
For Skyharbour Resources, the Answers May Lie in the Basement (11/07/2019)
The company is moving ahead with uranium exploration in the high-grade Athabasca Basin amid a changing supply and demand paradigm.
Lion One Hits Bigly (11/07/2019)
Bob Moriarty of 321gold discusses the implications of the drill results the company released at its gold project in Fiji.
Dexcom Posts 49% YoY Revenue Growth, Sending Shares to 52-Week High (11/07/2019)
Glucose monitoring systems developer Dexcom's shares traded 30% higher today after releasing Q3/19 earnings and raising full-year 2019 guidance.
Could There Finally Be an Effective Treatment for Alzheimer's Disease? (11/06/2019)
ProMIS' preclinical treatment could possibly outshine Biogen's candidate.
Explorer Delivers More High-Grade Oxide Gold Intercepts at Idaho Project (11/06/2019)
The company also connected two mineralized zones there.
AR Firm's 'Try It On' E-Commerce Technology Draws New Client (11/06/2019)
The new user is an eyewear company, part of a sizable and growing market.
Gold Explorer Upgrades Listing to OTC Top Tier (11/06/2019)
The change is now in effect.
Base Metals Miner Posts 'Strong Operating Performance' in Q3/19 (11/06/2019)
The short-term outlook for the Canadian company is provided in a CIBC report.
Q3/19 Active, 2020 Outlook Positive for Canadian Oil Company (11/06/2019)
The producer's Q3/19 financial and operating results are reviewed in an iA Securities report.
Aquestive Therapeutics Shares Up on Pipeline Update and Raised Full-Year 2019 Guidance (11/06/2019)
Aquestive Therapeutics shares traded 20% higher today after the firm reported Q3/19 earnings and raised its FY/19 guidance. The firm states it expects to complete its NDA for Libervant buccal film near the end of this month.
US Uranium-Vanadium Miner Provides Quarterly Report (11/05/2019)
The company is processing ore from clean-up material at a past-producing uranium mine.
Precious Metals Firm to Divest Final Colombian Exploration Asset (11/05/2019)
It will use the proceeds to explore and advance its project in Nevada.
Home Energy Storage System Firm Expands California Sales Coverage (11/05/2019)
Thirty-one dealer partners were added in the last month.
Bravada Gold: Checking Wind Mountain Economics at $1,500 Gold (11/05/2019)
With gold prices above $1,500/ounce, Thibaut Lepouttre of Caesars Report runs the numbers to see whether this mine might be worth taking another look at.
'Exciting' U.S. Drone Stock Begins Trading (11/05/2019)
Technical analyst Clive Maund discusses a drone stock that begins trading today.
Fulgent Genetics Hits 52-Week High After Posting 84% Q3 Revenue Increase (11/05/2019)
Fulgent Genetics shares traded more than 40% higher today after the company reported record revenue in Q3/19. The firm noted that it completed a record 20,697 billable tests in Q3/19, up 272% over the same period last year.
Standard Lithium Arranges C$5 Million Convertible Loan Financing (11/05/2019)
The Critical Investor delves into a lithium company's financing and its implications.
Defense Metals Drills High Grade REOs (11/05/2019)
Bob Moriarty of 321gold dives into rare earth elements and one company exploring a high-potential property in British Columbia.
I'm Mad as Hell: Long Live Howard Beale (11/04/2019)
Sector expert dissects recent Fed and other government actions and discusses his recent precious metals trades.
RedHill Biopharma Shares Rise 10% After Receiving FDA Approval for H. Pylori Treatment Drug Talicia (11/04/2019)
Shares of RedHill Biopharma Ltd. traded more than 10% higher today after the firm announced that the FDA has approved its Talicia delayed-release capsules for the treatment of H. pylori infection in adults. The firm plans to commence distribution by its U.S. sales force in Q1/20.
North American Drone Company to Begin Trading Amidst Move Away from Chinese Drones (11/04/2019)
As security concerns grow in the West over Chinese-made drones, this North American manufacturer could take off.
Explorer Completes 2019 Field Work at PGE-Ni-Cu Project in Montana (11/03/2019)
With these efforts, the Vancouver-based company moves closer to developing a mineral resource estimate.
Vancouver Firm Receives Cannabis Flower Sales License, First Order (11/03/2019)
Both of these events are significant achievements for the company.
Canadian Tech Firm Lands U.S. Medical Case Management Firm as Client (11/03/2019)
This new partner seeks to employ the company's telemedicine/mobile health system.
Explorer Makes Three More Gold Discoveries at Red Lake Project (11/02/2019)
One, which was large, high grade and within meters of surface, is of major import.
Texas Energy Company to Meet Annual Drilling Requirements (11/02/2019)
It is completing this work while continuing its search for a company to develop one of its projects.
Canadian Logistics Firm Sets Single-Day Revenue Record (11/02/2019)
The company remains on a rapid growth trajectory.
Developer to Debut Home Energy Storage System in Australia (11/02/2019)
This product will offer consumers a lower price point for market entry.
Copper-Gold Firm Wraps Up Initial Exploration Work at Golden Triangle Property (11/02/2019)
The Canadian company expects to release the results early next year.
Jayant Bhandari: These Three Things Are Destabilizing the World (11/02/2019)
In conversations with Maurice Jackson of Proven and Probable, Jayant Bhandari offers his thoughts on geopolitical unrest in the Middle East, Latin America, and elsewhere, and how these issues affect the precious metals markets and the accumulation of wealth.
BeiGene Shares Up 35% on Amgen's $2.7 Billion Investment and China Partnership (11/01/2019)
Shares of BeiGene Ltd. traded 35% higher today to a new a 52-week intraday high after announcing a commercialization agreement for of XGEVA (denosumab), KYPROLIS (carfilzomib), and BLINCYTO (blinatumomab) with Amgen Inc. in China. As part of the partnership, Amgen will invest $2.7 billion in BeiGene for 20.5% equity ownership.
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