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PRTA News and Press, Prothena Corporation plc From 01/23/23

Stock Information

Company Name: Prothena Corporation plc
Stock Symbol: PRTA
Market: NASDAQ
Website: prothena.com

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PRTA - Healthcare Outlook 2023

Summary Healthcare significantly outperformed the broader market last year, after two years of underperforming the S&P 500. When the end to restrictive policy is in sight, then the sector is likely to witness a group rotation to more growth-oriented stocks. Groups like medical d...

PRTA - Prothena: 3 Alzheimer's Catalysts Will Likely Define Share Price Performance In 2023

Summary Prothena is a protein dysregulation specialist with an intriguing pipeline. The company has out-licensed an ATTR Amyloidosis / cardiomyopathy drug to Novo Nordisk, which could win approval after 2024. Its wholly-owned drug candidate Birtamimab could win approval in Stage 4 a...

PRTA - Biotech Bonanza: 2023 Biotech Outlook As The Fed Remains Hawkish

Summary Federal Reserve interest rate policy to again remain the market focus this year and create a chaotic first half. Biotechnology should be favorably positioned relative to the market if the economy slips into a recession. Biotech fortunes near term are to be determined by the ...

PRTA - Prothena Announces Pricing of Public Offering of 3,250,000 Ordinary Shares

Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical biotechnology company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that it priced an underwritten public offering of 3,250,000 of its ordinary shares at a price to the...

PRTA - Prothena Presents Data Demonstrating Consistent Survival Benefit Observed with Birtamimab in Mayo Stage IV AL Amyloidosis Patients in Phase 3 VITAL Study at ASH 2022

Significant improvement in time to all-cause mortality at month 9 was observed in the post hoc analysis and remained consistent across all key baseline variables in Mayo Stage IV patients Birtamimab is currently being studied in the confirmatory Phase 3 study AFFIRM-AL in patients with Mayo S...

PRTA - Prothena Announces Achievement of $40 Million Clinical Milestone Payment from Novo Nordisk for PRX004/NNC6019 Under Investigation for the Treatment of ATTR Cardiomyopathy

Prothena is eligible to receive development and sales milestone payments from Novo Nordisk totaling up to $1.2 billion, including $100 million announced to date PRX004/NNC6019 continues to advance in a Phase 2 study in patients with ATTR cardiomyopathy being conducted by Novo Nord...

PRTA - Prothena drops 9% as RBC Capital Markets downgrades citing valuation

The shares of Prothena Corporation ( NASDAQ: PRTA ) dropped ~9% in the morning hours Friday after RBC Capital Markets downgraded the Alzheimer's drug developer to Sector Perform from Outperform, noting that the stock appears fairly valued after a ~98% rise since mid-2022. ...

PRTA - Prothena Reports Third Quarter 2022 Financial Results and Business Highlights

Net cash used in operating and investing activities was $31.3 million in the third quarter and $104.2 million for the first nine months of 2022; quarter-end cash and restricted cash position was $497.0 million Phase 3 VITAL study data on observed survival benefit in Mayo Sta...

PRTA - Prothena to Present Data on Survival Benefit Observed in Completed Phase 3 Study of Drug Candidate Birtamimab in Patients with Mayo Stage IV AL Amyloidosis at the ASH 2022 Meeting

Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical biotechnology company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that it will present survival data from the phase 3 VITAL study at an oral presentation at...

PRTA - Trading Ideas On The Upcoming CTAD 2022 Conference

Summary The Clinical Trials on Alzheimer’s Conference will take place from November 29, 2022 to December 2, 2022. Representatives of several listed companies will present data, including Eisai, Anavex, BioVie, Athira Pharma, Cassava Sciences and NervGen. This conference...

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