CORAL SPRINGS, Florida, July 13, 2015 /PRNewswire/ --
Biotech, Pharma & Healthcare stocks soared in 2014, and 2015 is shaping up to be another great year for stocks as forecasted by some industry analysts. The Nasdaq Biotechnology Index ETF returned an impressive 33% last year, significantly outpacing the performance of the S&P 500. Biotech & Pharma Companies in focus today from around the sector are: Amarantus BioScience Holdings, Inc. (OTCQX: AMBS), Zogenix, Inc. (NASDAQ: ZGNX), Gilead Sciences, Inc. (NASDAQ: GILD), Pfizer Inc. (NYSE: PFE) and XOMA Corp (NASDAQ: XOMA)
Amarantus BioScience Holdings, Inc. (OTC: AMBS), a biotechnology company focused on developing therapeutic and diagnostic products for diseases in the areas of neurology, psychiatry, ophthalmology and regenerative medicine, announced that it has received approval to commence trading on the OTCQX® Best Marketplace (OTCQX) at market open today, July 13, 2015, under existing ticker symbol, "AMBS."
Read the full AMBS Press Releases at http://www.financialnewsmedia.com/profiles/ambs.html
"We are very pleased to have achieved OTC Markets Group's requirements for its premier securities marketplace," said Gerald E. Commissiong, President and Chief Executive Officer of Amarantus. "Trading on the OTCQX is another step toward our goal of a near-term up-listing to a national stock exchange, and will improve the Company's ability to attract institutional investors from both inside and outside the United States. This latest corporate milestone should provide additional visibility within the investment community enabling us to build awareness more broadly and expand the current shareholder base in order to drive shareholder value."
In other biotech and pharmaceutical company news and developments: Zogenix, Inc. (NASDAQ: ZGNX), News - Zogenix Expands Senior Leadership Team to Further Drive Strategic Focus on CNS Disorders and Orphan Drug Development - The Company announced last week the appointments of Gail M. Farfel, Ph.D., as Executive Vice President and Chief Development Officer, and Thierry Darcis, M.D., M.B.A., as Executive Vice President and General Manager, Europe. "The addition of two highly experienced product development and commercial leaders in the orphan CNS disease category further advances our core strategic focus on the Company's late-stage CNS product development pipeline," said Stephen Farr, Chief Executive Officer of Zogenix. "We are extremely pleased to have both Gail and Thierry join Zogenix at this exciting time in the Company's history.
Gilead Sciences, Inc. (NASDAQ: GILD) announced this month that it has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for an investigational, once-daily single tablet regimen that combines Gilead's emtricitabine 200 mg and tenofovir alafenamide (TAF) 25 mg with rilpivirine 25 mg (R/F/TAF) from Janssen Sciences Ireland UC, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, for the treatment of HIV-1 infection in adult and pediatric patients 12 years of age and older. The data submitted in the NDA support the use of R/F/TAF among patients who are HIV treatment-naïve or who are virologically suppressed and want to replace their current antiretroviral treatment regimen.
Pfizer Inc. (NYSE: PFE) recently announced enrollment of the first patient in a Phase 2b clinical trial of its investigational Staphylococcus aureus (S. aureus) multi-antigen vaccine (PF-06290510) in adults undergoing elective spinal fusion surgery. The purpose of the study, named STRIVE (STaphylococcus aureus SuRgical Inpatient Vaccine Efficacy), is to evaluate the safety and efficacy of the vaccine to determine if it prevents postoperative invasive S. aureus infections in patients undergoing elective spinal surgery.
Shares of XOMA Corp (NASDAQ: XOMA) finished Friday's regular trading session in the green, up 4.9% to $4.71 on heavy volume, following the release of an upbeat analyst note out of Piper Jaffray on Friday morning. The firm said it expects Phase III data of its gevokizumab product to be released. Berkeley, Calif.-based XOMA is engaged in the discovery and development of antibody-based therapeutics. Piper analysts said they are confident in a positive read-out, and added that the risk/reward ratio is favorable. Read the full article at http://www.thestreet.com/story/13215161/1/xoma-stock-closed-in-the-green-following-upbeat-piper-note.html?puc=yahoo&cm_ven=YAHOO
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