NEW YORK, October 24, 2016 /PRNewswire/ --
Stock-Callers.com has on its radar four these Biotech equities, namely: Merrimack Pharmaceuticals Inc. (NASDAQ: MACK), Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH), Aegerion Pharmaceuticals Inc. (NASDAQ: AEGR), and TG Therapeutics Inc. (NASDAQ: TGTX). According to IBISWorld's global market research report dated May 2016, industry value added (IVA) of the segment is expected to grow 3.5% per year on average during the ten years to 2021, slightly greater than annualized global GDP growth of 2.7% over the same period. These stocks research reports can be downloaded now by simply registering for free at:
Massachusetts headquartered Merrimack Pharmaceuticals Inc.'s shares jumped 8.20%, finishing last Friday's session at $5.54. A total volume of 8.13 million shares was traded, which was above their three months average volume of 2.78 million shares. Over the previous three months, the stock has advanced 0.54%. The Company's shares are trading above their 50-day moving average by 7.13%. Additionally, shares of Merrimack Pharma, which engages in discovering, developing and commercializing medicines consisting of novel therapeutics paired with diagnostics for the treatment of cancer primarily in the US, have a Relative Strength Index (RSI) of 54.47.
On October 7th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'.
On October 11th, 2016, Merrimack Pharmaceuticals announced final results from the pivotal Phase 3 NAPOLI-1 study validating the use of ONIVYDE® (irinotecan liposome injection) in combination with fluorouracil (5-FU) and leucovorin. The extended data cutoff occurred at final database lock in November 2015 after 382 OS events that had occurred in the intention-to-treat (ITT) population. In this extended analysis of NAPOLI-1, the previously described overall survival advantage was maintained for ONIVYDE in combination with 5-FU and leucovorin versus 5-FU and leucovorin alone: 6.2 months versus 4.2 months. Findings also showed that one in four patients treated with the ONIVYDE combination regimen survived one year or more, a significant milestone. Your complete research report on MACK can be retrieved for free at:
On Friday, shares in Canada headquartered Aurinia Pharmaceuticals Inc. ended the session 3.92% lower at $3.68. The stock recorded a trading volume of 1.34 million shares. The Company's shares have surged 61.19% in the last month, 21.45% over the previous three months, and 48.99% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 30.38% and 34.74%, respectively. Moreover, shares of Aurinia Pharma, which engages in the development of a therapeutic drug to treat autoimmune diseases in Canada, have an RSI of 53.22.
On October 6th, 2016, Aurinia announced 24-week data in all 10 patients from the AURION study, an open-label exploratory study to assess the short-term predictors of response using voclosporin in combination with mycophenolate mofetil (MMF) and oral corticosteroids in patients with active lupus nephritis (LN). In this study, 70% patients achieved complete remission at 24 weeks as measured by a urinary protein creatinine ratio (UPCR) of ≤ 0.5mg/mg, eGFR within 20% of baseline and concomitant steroid dose of <5mg/day. AUPH free report is just a click away at:
Massachusetts headquartered Aegerion Pharmaceuticals Inc.'s stock gained 0.91%, to close the day at $2.21 with a total trading volume of 180,729 shares. The Company's shares have advanced 50.34% in the previous three months. The stock is trading 8.23% above its 50-day moving average. Additionally, shares of Aegerion Pharma, which develops and commercializes therapies for patients with debilitating rare diseases in the US, have an RSI of 47.15.
On September 28th, 2016, Aegerion announced that Japan's Ministry of Health, Labor & Welfare has approved JUXTAPID for patients with homozygous familial hypercholesterolemia (HoFH). HoFH is a serious, rare genetic disease that impairs the function of the receptor responsible for removing LDL-C ("bad" cholesterol) from the body. Sign up for your complimentary research report on AEGR at:
Shares in TG Therapeutics Inc. recorded a trading volume of 693,774 shares, which was above their three months average volume of 433,760 shares. The stock ended Friday's session at $6.41, up 5.78%. The Company's shares have gained 10.71% in the previous three months. The stock is trading below its 50-day moving average by 8.50%. Furthermore, shares of TG Therapeutics, which focuses on the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases primarily in the US, have an RSI of 40.94.
On October 6th, 2016, research firm Brean Capital resumed its 'Buy' rating on the Company's stock, issuing a target price of $28 per share.
On October 20th, 2016, TG announced the launch of a Phase 1/2 study to evaluate the safety and efficacy of TGR-1202, its oral PI3K delta inhibitor in combination with carfilzomib, the FDA-approved proteasome inhibitor, in patients with relapsed or refractory lymphoma. Register for free on Stock-Callers.com and download the latest research report on TGTX at:
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