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Stock impact report

Here's Why Shares of AnaptysBio Jumped Today [The Motley Fool]

GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK) 
US:NYSE Investor Relations: gsk.com/en-gb/investors
Company Research Source: The Motley Fool
Brian Orelli (TMFBiologyFool) Author Bio Dr. Orelli is a Senior Biotech Specialist. He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since 007. Follow @BiologyFool What happened Shares of AnaptysBio NASDAQ:ANAB So what Since AnaptysBio doesn't have any drugs on the market, the financial results clearly weren't the thing that drove the stock higher. For the record, the GlaxoSmithKline NYSE:GSK Image source: Getty Images. Instead, investors are likely jumping in ahead of the multiple potential events the biotech is expected to experience this year. GlaxoSmithKline recently filed a marketing application for another drug in their partnership, dostarlimab, which will trigger a $0 million milestone payment when the Food and Drug Administration accepts the application. AnaptysBio is also eligible for a $0 million payment when the drug is approved by the FDA, which should happen this year. Once the drug is on the market, Anaptys will collect royal Show less Read more
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