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0 -0.00131439474242116 -0.00059359762560956 -0.0012719949120204 0.00262878948484196 0.00563917744329016 0.0056815772736908 0.0113631545473817
Stock impact report

Bayer gains cancer drug from China's Puhe; Axsome gets mixed ADHD data [Yahoo! Finance]

Axsome Therapeutics, Inc. (AXSM) 
Last axsome therapeutics, inc. earnings: 3/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: axsome.com
Company Research Source: Yahoo! Finance
Today, a brief rundown of news involving Bayer and Axsome Therapeutics, as well as updates from GSK, Novo Nordisk and Augustine Therapeutics that you may have missed. Bayer is adding to its cancer drug pipeline via a deal with China-based Suzhou Puhe BioPharma , securing a worldwide license to a small molecule medicine that's just begun Phase 1 testing. The medicine, now dubbed BAY 3713372 , blocks an enzyme known as PRMT5 that is thought to play a role in the cell cycle. Bayer will develop it for tumors that have deletions in a gene called MTAP, which is estimated to occur in 10% to 30% of all cancers, according to research cited by the company. Other developers, including Amgen , are working on PRMT5 inhibitors, too. — Ned Pagliarulo Read more
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