Kinnate Biopharma (KNTE) OrbiMed Advisors - Major Stakeholder OrbiMed Advisors, a leading investment firm, holds a significant stake in Kinnate Biopharma. They currently own 8,009,729 shares of this innovative clinical-stage oncology company, which accounts for 17% of the outstanding stock. On November 13, OrbiMed Advisors, in collaboration with Foresite Capital, submitted an … [Read more...] about Activist Holdings
Pharmaceuticals
Healthcare Stocks Show Strong Start to 2024
After a challenging year in 2023, the healthcare sector is experiencing a potential comeback in 2024. Even though it is still early days, investors are showing optimism towards the sector's resurgence. As of January 12, the S&P 500 Health Care sector index has seen a 3% increase, compared to the relatively flat performance of the S&P 500 as a whole. This positive … [Read more...] about Healthcare Stocks Show Strong Start to 2024