
U.S. stock market update: Zhengye Biotechnology up 26.03%

Zhengye Biotechnology rose 26.03%; Pfizer rose 4.39%, with a transaction volume of USD 886 million; Eli Lilly rose 0.78%, with a transaction volume of USD 457 million; Johnson & Johnson rose 1.15%, with a transaction volume of USD 348 million; Novartis rose 1.71%, with a market value of USD 244.3 billion
U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Pfizer rose 4.39%, with increased trading volume. Based on recent important news:
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On September 30, Trump announced a drug pricing agreement with Pfizer, causing Pfizer's stock price to rise by 2.2%. This agreement will sell drugs at lower prices through the Medicaid program, boosting market confidence. Source: The Washington Post.
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On September 30, Pfizer's CEO is expected to announce a $70 billion investment in drug production in the U.S., seen as a significant commitment to the U.S. market, further driving up the stock price. Source: The Wall Street Journal.
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On September 29, Metsera announced positive results from its GLP-1 receptor agonist research, and Pfizer has gained a broad layout in this field through the acquisition of Metsera, enhancing its competitiveness in the weight loss drug market. Source: Zhitong Finance. Increased investment in the pharmaceutical industry has boosted market confidence.
Eli Lilly rose 0.78%, with increased trading volume. Based on recent key news:
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On September 29, Eli Lilly's potential progress in Alzheimer's treatment has attracted market attention. Leerink expects that if the relevant trial data is positive, Eli Lilly's stock price could rise to $10.
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On September 28, Eli Lilly announced that its oral estrogen receptor antagonist Inluriyo received FDA approval for the treatment of certain types of breast cancer patients, which boosted market confidence.
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On September 27, analysts generally gave Eli Lilly a "Strong Buy" rating, with a target price of $900.94, indicating a potential upside of 24.01%. The pharmaceutical industry faces pressure from tariffs and pricing policies.
Johnson & Johnson rose 1.15%, with increased trading volume. Based on recent important news:
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On September 29, the U.S. FDA approved Johnson & Johnson's Tremfya for the treatment of pediatric psoriasis and arthritis. This approval makes Tremfya the first and only IL-23 inhibitor approved for such pediatric indications, driving up the stock price.
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On September 30, concerns about risks in artificial intelligence concept stocks increased, leading investors to turn to stocks with lower correlation to AI trends, with Johnson & Johnson favored for its robust performance, reaching a new high.
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On September 27, Johnson & Johnson's CEO expressed optimism about the future of drug innovation in the U.S. in an interview, enhancing market confidence in the company's long-term growth potential. Market concerns about AI stock risks have shifted funds towards stable stocks.
Stocks with High Market Capitalization in the Industry
Novartis rose 1.71%. Based on recent important news:
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On September 29, Novartis announced a cash offer to acquire the U.S. biopharmaceutical company Tourmaline Bio at $48 per share. This move may enhance its competitiveness in the biopharmaceutical field, driving up the stock price
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On September 29, Novartis plans to launch a direct-to-patient sales platform in the United States, offering a 55% discount on the Cosentyx drug. This initiative aims to improve the accessibility and affordability of the medication, potentially boosting market confidence.
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On September 27, Novartis announced it will invest $23 billion over the next five years to expand its facilities in the United States, which is expected to create over 1,000 jobs. This investment plan demonstrates the company's long-term commitment to the U.S. market and may have a positive impact on its stock price. Changes in pharmaceutical industry policies have significant effects
