Vanguard Group Inc. has significantly bolstered its investment in Sutro Biopharma, Inc. (NASDAQ: STRO), a clinical-stage oncology company known for its development of antibody drug conjugates (ADCs). According to the most recent 13F filing with the Securities and Exchange Commission (SEC), Vanguard
TPG's recent infusion of $580 million into their Life Science Innovations fund is a remarkable move, aimed at supporting advancements in breakthrough technologies and achieving clinical proof-of-concept for emerging life science companies. The substantial financial backing will target a broad
Arbutus Biopharma Corporation (NASDAQ: ABUS), the biopharmaceutical company known for its focus on developing treatments for chronic Hepatitis B virus (HBV) infection, recently received a noteworthy boost in its stock price target. JMP Securities raised its price objective from $4.00 to $5.00,
AbbVie's financial performance and strategic initiatives in 2022 demonstrate a concerted effort to drive growth and enhance its presence in the pharmaceutical and biopharmaceutical sectors. With revenues exceeding $58 billion, the year reflected significant advancements fueled by new product
Sutro Biopharma, Inc., a clinical-stage oncology company, has garnered significant attention from the investment community. Institutional investors like Susquehanna Fundamental Investments LLC recently bolstered their holdings by acquiring 126,459 shares valued at approximately $714,000 during the
In a significant move within the pharmaceutical manufacturing industry, Veranova has announced a substantial $30 million investment to enhance its Devens, Massachusetts facility. This strategic expansion is designed to bolster Veranova’s capabilities in developing and manufacturing antibody-drug c
