Biotech 10 February 2026 - 3 March 2026

CSL buyback hits 4 million shares as Australian biotech keeps buying after profit shock

CSL buyback hits 4 million shares as Australian biotech keeps buying after profit shock

CSL repurchased 59,751 shares for A$8.57 million on March 4, bringing total buybacks to 4.03 million shares and A$739 million under its ongoing program. The company also issued 39,627 shares after employee performance rights were exercised. The buyback, capped at US$750 million, is scheduled to run through June 30. Shares will trade ex-dividend on March 10.
March 5, 2026
Amgen stock slides as Kyowa Kirin halts rocatinlimab trials on cancer concerns

Amgen stock slides as Kyowa Kirin halts rocatinlimab trials on cancer concerns

Amgen shares dropped 2.3% to $377.01 after Kyowa Kirin halted all trials of the experimental drug rocatinlimab due to new safety concerns, including cases of malignancy. Kyowa Kirin had already ended its development partnership with Amgen. The decline outpaced broader healthcare and biotech sector losses. Investors await further safety disclosures and Amgen’s next quarterly results in late April.
March 3, 2026
Pfizer stock jumps as PFE taps a Swiss biotech incubator — here’s what Wall Street is watching next

Pfizer stock jumps as PFE taps a Swiss biotech incubator — here’s what Wall Street is watching next

Pfizer shares rose 2.1% to $27.62 Tuesday afternoon after Swiss incubator BaseLaunch announced Pfizer as its newest pharma partner. The move outpaced a flat U.S. healthcare sector. Investors remain focused on Pfizer’s 2026 pipeline and recent obesity-drug data. The FDA granted Priority Review for Pfizer’s hemophilia drug HYMPAVZI, with a decision expected in Q2 2026.
February 10, 2026