Benzinga's Daily Biotech Pulse: Transenterix Rises, Mylan Earnings, Deutsche Bank Conference Underway

Here's a roundup of top developments in the biotech space over the last 24 hours.

Scaling the Peaks

(Stocks hitting 52-week highs on May 8)

Down In The Dumps

(Stocks hitting 52-week lows on May 8)

Medical/Healthcare/Biotech Conferences

  • 2018 Disruptive Growth and Healthcare Conference – May 8-9, in New York City
  • Deutsche Bank 43rd Annual Health Care Conference – May 8-9, at the InterContinental Boston Hotel

See Also: Attention Biotech Investors: Mark Your Calendar For These May PDUFA Action Dates

Stocks In Focus

Opko Posts Better-than-expected results

Opko Health Inc. (NASDAQ:OPK) reported a narrower-than-expected Q1 loss of 8 cents per share on above-consensus revenues of $254.9 million.

The stock rallied 6.21 percent to $3.42 in after-hours trading.

Penumbra's Beat-And-Raise Quarter

The stock rallied 5.96 percent to $144 after hours.

Synthetic Biologic Posts Narrower-Than-Expected Loss

Synthetic Biologics Inc (NYSE:SYN) reported a loss of 2 cents per share for its Q1, narrower than the loss of 5 cents expected.

The stock jumped 11.28 percent to $0.2773 in after-hours trading.

OpGen Q1 Beats Estimates

OpGen Inc (NASDAQ:OPGN) reported a narrower-than-expected loss and above-consensus revenues for its Q1.

The stock gained 3.68 percent to $1.97 in after-hours trading.

Transenterix Gains On Q1 Beat

On The Radar

The following companies report earnings on Wednesday:

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