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Best Health Care Stocks To Buy This Week? 4 To Know


I-Mab
I-Mab is a clinical-stage biopharmaceutical company that commits to the discovery, development, and commercialization of novel or highly differentiated biologics. The company aims to treat diseases with significant unmet medical needs, particularly cancers and autoimmune disorders. As a company not involved in COVID-19 vaccines, the health care company stock has been performing extremely well. Impressively, it has risen by more than 220% over the past year with its bullish trend still intact. 
Investors have been keeping their eyes on IMAB stock in response to the company’s early data on Uliledlimab/Atezolizumab combo in advanced cancer settings. More detailed data of the trial will be unveiled at the 2021 American Society of Clinical Oncology Annual Meeting which will be taking place next month. ....

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Here's why Reata Pharmaceuticals gained 20% on Wednesday.


The pharmaceutical firm reported its quarterly financial results earlier in May.
Reata Pharmaceuticals shares were reported about 20% up on Wednesday.
The U.S. Food and Drug Administration (FDA) sent a communication to Reata Pharmaceuticals Inc. (NASDAQ: RETA) on Wednesday, recommending that it submits a new request for a pre-NDA meeting. The pharmaceutical company’s shares gained 20% in the morning session.
Reata had previously requested a Type C meeting to discuss the development program for its oral drug Omaveloxolone that it intends to use as a treatment for Friedreich’s Ataxia (FA) – a rare, life-shortening, inherited degenerative neuromuscular disorder.
Reata is happy to comply with the U.S. FDA ....

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