NEW YORK, January 26, 2017 /PRNewswire/ --
This morning, Stock-Callers.com explores the Biotech industry to see how some equities have been faring. Under evaluation today are: OncoGenex Pharmaceuticals Inc. (NASDAQ: OGXI), INSYS Therapeutics Inc. (NASDAQ: INSY), Threshold Pharmaceuticals Inc. (NASDAQ: THLD), and AmpliPhi Biosciences Corp. (NYSE MKT: APHB). These companies belong to the Healthcare sector which reversed several days of declines on Wednesday, January 25th, 2017, with the NYSE Health Care Index rising over 0.8%, while shares of health care companies in the S&P 500 were up more than 0.9% as a group. These stocks research reports can be downloaded now by simply registering for free at:
On Wednesday, Washington headquartered OncoGenex Pharmaceuticals Inc.'s stock recorded a trading volume of 76,557 shares, and ended the session 1.14% higher at $0.56. The Company's shares have gained 11.13% in the last one month, 50.58% in the previous three months, and 11.48% on an YTD basis. The stock is trading 9.11% above its 50-day moving average. Moreover, shares of OncoGenex Pharma, which develops and commercializes therapies that address treatment resistance in cancer patients, have a Relative Strength Index (RSI) of 51.35.
On January 05th, 2017, OncoGenex Pharma and Achieve Life Science, Inc., a privately held specialty pharmaceutical company, announced that they have entered into a definitive merger agreement. Upon completion of the proposed merger, Achieve Life Science's equity holders are expected to own 75% of the combined Company's outstanding shares and current OncoGenex's stockholders are expected to own the remaining 25% of the combined Company's outstanding shares. Following completion of the merger, OncoGenex Pharma will be renamed Achieve Life Sciences, Inc. Your complete research report on OGXI can be retrieved for free at:
Chandler, Arizona headquartered INSYS Therapeutics Inc.'s stock closed the day 1.50% lower at $9.85. A total volume of 1.16 million shares was traded, which was above their three months average volume of 908,950 shares. The Company's shares have advanced 8.48% in the past month and 7.07% since the start of this year. The stock is trading 8.98% below its 50-day moving average. Additionally, shares of INSYS Therapeutics, which develops and commercializes supportive care products, have an RSI of 42.88.
On January 09th, 2017, Insys Therapeutics announced that Dr. John N. Kapoor, its Founder, President, CEO, and also Chairman of the Company's Board of Directors will retire as President and CEO and Chairman effective January 09th, 2017. Dr. Kapoor will remain a member of the Board and will Chair the newly formed Science and Research and Development Committee of the Board. In connection with Dr. Kapoor's retirement, the Board has appointed Dr. Santosh Vetticaden as Interim CEO and Steven Meyer as Chairman of the Board, effective January 09th, 2017. A free report on INSY is just a click away at:
Shares in South San Francisco, California headquartered Threshold Pharmaceuticals Inc. recorded a trading volume of 194,197 shares, and ended yesterday's trading session 0.75% lower at $0.50. The stock has advanced 9.07% in the past month, 16.67% over the previous three months, and 14.02% on an YTD basis. The Company's shares are trading above their 50-day moving average by 4.44%. Furthermore, shares of Threshold Pharma, which discovers and develops therapeutic agents that target tumor cells for the treatment of cancer patients in the US, have an RSI of 53.75.
On December 19th, 2016, Threshold Pharmaceuticals announced that it has entered into a collaboration with the National Cancer Institute (NCI), part of the National Institutes of Health, to study TH-3424, the Company's new drug candidate for the treatment of cancer. The collaboration will explore the effects of TH-3424 against T-cell acute lymphoblastic leukemia xenograft cell lines with high AKR1C3 expression. The studies will be conducted through the NCI-funded Pediatric Preclinical Testing Consortium. Sign up for your complimentary research report on THLD at:
San Diego, California-based AmpliPhi Biosciences Corp.'s stock finished Wednesday's session 0.33% higher at $0.46 with a total trading volume of 77,266 shares. The Company's shares have advanced 0.65% in the last one month and 5.23% since the start of this year. The stock is trading below its 50-day moving average by 15.98%. Additionally, shares of AmpliPhi Biosciences, which focuses on the discovery, development, and commercialization of various bacteriophage therapeutics, have an RSI of 44.53.
On December 19th, 2016, AmpliPhi Biosciences reported final results from its Phase-1 trial of AB-SA01, a proprietary investigational bacteriophage (phage) cocktail targeting Staphylococcus aureus infections, in patients with chronic rhinosinusitis. The Company stated that AB-SA01 met the trial's primary endpoints of safety and tolerability and all nine patients enrolled in the study experienced a reduction in the quantity of S. aureus infecting their sinuses, with some patients showing complete eradication of the bacterial infection. Register for free on Stock-Callers.com and download the latest research report on APHB at:
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