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Chardan Expands Research Team, Welcomes Managing Director and Director of Research

Chardan Expands Research Team, Welcomes Managing Director and Director of Research
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Adverum Announces Board Slate for 2021 Annual Meeting and Reiterates Commitment to Stockholder Value Creation

Adverum Announces Board Slate for 2021 Annual Meeting and Reiterates Commitment to Stockholder Value Creation
Equity Performance: from Sonic Fund letter to Adverum
Equity Performance: from Sonic Fund letter to Adverum
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Image 1: from Sonic Fund letter to Adverum
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Image 2: from Sonic Fund letter to Adverum
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Image 5: from Sonic Fund letter to Adverum ....

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ophthalmology

Gbola Amusa, Chardan Capital Markets head of healthcare research, commented in a note on Monday that investors should be more selective in the biotech space. As such, the analyst downgraded shares of Regeneron Pharmaceuticals Inc (NASDAQ: REGN) to Neutral from Buy with an unchanged $565 price. Read More.
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Gene Editing

Shares of Calyxt Inc (NASDAQ: CLXT) gained more than 7 percent Monday after analysts at BMO Capital Markets initiated coverage of the food and agriculture company with a bullish rating. The firm s Kenneth Zaslow slapped an Outperform rating on Calyxt s stock with a $32 price target.
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Biotech startup acquisitions jumped in 2020, leaving VCs optimistic for New Year

Biotech startup acquisitions jumped in 2020, leaving VCs optimistic for New Year
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Bayer announced its deal to buy gene-therapy startup Asklepios BioPharmaceutical in October, one of 19 acquisitions of biotech startups by drug manufacturers last year, according to Silicon Valley Bank.
(REUTERS)
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Acquisitions of biotechnology startups jumped in 2020, as buyers moved upstream to grab promising drugmakers while they were still private and relatively cheap.
Drug manufacturers bought 19 biotech startups last year, up from 15 in 2019, according to Silicon Valley Bank. Last year’s total was the highest since the 20 buyouts recorded in 2016. The median upfront sum paid in 2020 was $300 million, compared with $250 million the year before. ....

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