Why Roche Holdings Stock Popped Today [Yahoo! Finance]
Lindsay Corporation (LNN)
Last lindsay corporation earnings: 4/7 06:45 am
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Source: Yahoo! Finance
Roche announced this morning that the U.S. Food and Drug Administration has awarded the "Breakthrough Device Designation" to its new Elecsys pTau217 plasma biomarker test for identifying amyloid pathology, a key feature of Alzheimer's disease. Roche stock closed the day up a modest 1.2%. A cure for Alzheimer's? The test in question, which Roche is developing in cooperation with Eli Lilly (NYSE: LLY) wouldn't be an Alzheimer's cure , but rather a test to tell patients if they're at risk of developing the disease judging from the levels of amyloid plaques detected. Of greater importance for investors is the fact that awarding Breakthrough Device Designation status doesn't mean the FDA will ultimately approve the test. Clinical trials must first be set up and run through, and even if the results are positive, the test must still win FDA approval before being rolled out to market. Long story short, we're still closer to the start of this race than the finish -- and even if all goes
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News
- Lindsay Co. (NYSE: LNN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Roche, Eli Lilly gain FDA breakthrough device tag for Alzheimer's blood test [Seeking Alpha]Seeking Alpha
- Roche, Eli Lilly Alzheimer's Blood Test to Get Expedited FDA Review [MarketWatch]MarketWatch
- Roche granted FDA Breakthrough Device Designation for blood test to support earlier Alzheimer's disease diagnosis [Yahoo! Finance]Yahoo! Finance
- Micro Irrigation and Mechanized Systems Market To Reach USD 50.5 Billion By 2032 - DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
LNN
Earnings
- 4/4/24 - Beat
LNN
Sec Filings
- 4/4/24 - Form 10-Q
- 4/4/24 - Form 8-K
- 2/13/24 - Form SC
- LNN's page on the SEC website