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Tag Archives: Pharma

Rocket Pharma Grounded Despite Positive FDA Update

Rocket Pharmaceuticals Inc. (NASDAQ: RCKT) shares dipped on Tuesday after the company shared an update from the U.S. Food and Drug Administration (FDA). While the update wasn’t negative, this seems to be a case of sell the news, as the stock is up 65% in the past year. The FDA granted Regenerative Medicine Advanced Therapy (RMAT) and Fast Track designations ...

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Pharma Stocks Soothe Stock-Market Malady

Stock investors need a place to hide. U.S. pharmaceuticals are a good place to seek shelter. Risky drug stocks have been a great place to invest for most of this decade. Those stocks, however, have lately fared even worse than the broader market. A broad index of small biotechnology stocks is down by 22% since the end of August. Larger ...

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