NEW YORK, August 24, 2016 /PRNewswire/ --
The global Generic Drugs market is forecasted to grow at a CAGR of 10.53% over the period of 2016 to 2020, according to the 'Global Generic Drugs Market 2016-2020' report released in June 2016. Today, Stock-Callers.com assesses the following companies stocks to see if they are poised for higher returns: Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD), The Medicines Co. (NASDAQ: MDCO), Carbylan Therapeutics Inc. (NASDAQ: CBYL), and Pacira Pharmaceuticals Inc. (NASDAQ: PCRX). Learn more about these stocks by downloading their free report at: http://stock-callers.com/registration
On Tuesday, shares in Cambridge, Massachusetts headquartered Ironwood Pharmaceuticals Inc. recorded a trading volume of 969,790 shares. The stock ended the day at $13.97, climbing 1.23%. The Company's shares have gained 15.84% over the previous three months and 20.53% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.88% and 21.88%, respectively. Furthermore, shares of Ironwood Pharmaceuticals, which engages in the research, development, and commercialization of human therapeutic products, have a Relative Strength Index (RSI) of 59.41.
On August 4th, 2016, Ironwood Pharmaceuticals reported that collaborative arrangements revenue was $54.4 million in Q2 2016, compared to $27.7 million in Q2 2015. Revenue primarily consisted of $48.3 million in revenue associated with Ironwood's share of the net profits from the sales of LINZESS in the US, compared to $24.3 million in Q2 2015. The company's GAAP net loss was $21.7 million, or $0.15 per share, in Q2 2016, compared to $48.0 million, or $0.34 per share, in Q2 2015. The free research report on IRWD is available at: http://stock-callers.com/registration/?symbol=IRWD
Parsippany, New Jersey-based The Medicines Co.'s stock finished yesterday's session 2.94% higher at $39.58 with a total trading volume of 1.05 million shares. The Company's shares have gained 11.87% in the last one month, 6.14% over the previous three months, and 6.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.61% and 11.33%, respectively. Furthermore, shares of The Medicines, which provides medicines for patients in acute and intensive care hospitals worldwide, have an RSI of 69.11.
On July 27th, 2016, The Medicines reported that worldwide net revenue was $54.7 million in Q2 2016 compared to $74.5 million in Q2 2015. The sale of the Company's non-core cardiovascular products resulted in a gain of $288.3 million, which was recorded in Q2 2016. Net income from continuing operations in Q2 2016 was $181.8 million, or $2.51 per share. The complimentary report on MDCO can be downloaded at: http://stock-callers.com/registration/?symbol=MDCO
At the closing bell on Tuesday, shares in Palo Alto, California headquartered Carbylan Therapeutics Inc. rose 1.05%, ending the day at $0.58. The stock recorded a trading volume of 3.01 million shares, which are above its three months average volume of 975,750 shares. The Company's shares are trading 9.53% below their 50-day moving average. Moreover, shares of Carbylan Therapeutics, which focuses on the development and commercialization of novel and proprietary combination therapies, have an RSI of 51.90.
As per the form 10-Q filed with the SEC on August 12th, 2016, Carbylan Therapeutics reported net loss of $7.35 million, or $(0.28) per diluted share, for the quarter ended on June 30th, 2016, as compared to net loss of $9.01 million, or $(0.40) per diluted share, for the quarter ended on June 30th, 2015. As of June 30th, 2016, the company had cash and cash equivalents worth $36.82 million compared to cash and cash equivalents of $53.72 million as of December 31st, 2015. Visit us today and download our complete research report on CBYL for free at: http://stock-callers.com/registration/?symbol=CBYL
Parsippany, New Jersey headquartered Pacira Pharmaceuticals Inc.'s stock ended the day 1.05% higher at $43.40 with a total trading volume of 351,286 shares. The Company's shares have gained 15.24% in the last month. The stock is trading 10.87% above its 50-day moving average. Additionally, shares of Pacira Pharmaceuticals, which develops, commercializes, and manufactures proprietary pharmaceutical products primarily for use in hospitals and ambulatory surgery centers in the US, have an RSI of 56.46.
On August 4th, 2016, Pacira Pharmaceuticals reported that total revenues were $69.6 million in Q2 2016, an 18% increase over the $59.1 million reported for Q2 2015. The company's GAAP net loss was $8.0 million, or $(0.21) per share (basic and diluted), in Q2 2016 compared to GAAP net income of less than $0.1 million, or $0.00 per share (basic and diluted), in Q2 2015. Get free access to your technical report on PCRX at: http://stock-callers.com/registration/?symbol=PCRX
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