Drug Makers Stocks Technical Reports -- Pernix Therapeutics, Synergy Pharma, Novo Nordisk, and Apricus Biosciences

Sep 15, 2016, 07:40 ET from Chelmsford Park SA

NEW YORK, September 15, 2016 /PRNewswire/ --

The global Drug Manufacturers space has seen moderate growth over the last five years due to increased demand for medicines, especially from emerging economies. This morning, Stock-Callers.com has issued research reports on four equities, namely, Pernix Therapeutics Holdings Inc. (NASDAQ: PTX), Synergy Pharmaceuticals Inc. (NASDAQ: SGYP), Novo Nordisk A/S (NYSE: NVO), and Apricus Biosciences Inc. (NASDAQ: APRI). Download the free research reports on these stocks today:


Pernix Therapeutics Holdings  

Shares in Morristown, New Jersey headquartered Pernix Therapeutics Holdings Inc. ended Wednesday's session at $0.53, which was a decline of 1.21%. The stock recorded a trading volume of 1.81 million shares. The Company's shares have gained 18.13% in the previous three months. The stock is trading 15.28% below its 50-day moving average. Moreover, shares of Pernix Therapeutics Holdings, which develops, manufactures, markets, and sells pharmaceutical products, have a Relative Strength Index (RSI) of 40.76.

On September 14th, 2016, Pernix Therapeutics announced that the US Patent and Trademark Office has issued US Patent Numbers 9,421,200 ('200 patent) and 9,433,619 ('619 patent), covering important safety information related to dosing patients with Zohydro® ER with BeadTek™. These patents, in addition to recently issued US Patent Numbers 9,265,760 ('760 patent), 9,326,982 ('982 patent), 9,333,201 ('201 patent) and 9,339,499 ('499 patent), are broadly directed to methods of dosing patients with mild or moderate hepatic impairment with hydrocodone. The '760, '982, '201, '499, '200, and '619 patents expire on July 25th, 2033. See our free and comprehensive research report on PTX at:


Synergy Pharma  

New York headquartered Synergy Pharmaceuticals Inc.'s stock jumped 8.83%, closing the day at $5.30. A total volume of 5.47 million shares was traded, which was above their three months average volume of 2.80 million shares. The Company's shares have advanced 4.74% in the last one month and 43.63% in the previous three months. The stock is trading 18.68% above its 50-day moving average and 31.11% above its 200-day moving average. Additionally, shares of Synergy Pharmaceuticals, which focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases, have an RSI of 63.88.

On August 9th, 2016, Synergy Pharmaceuticals reported that net loss in Q2 2016 was $38.6 million as compared to a net loss of $33.7 million incurred in Q2 2015. As of June 30th, 2016, the company had approximately $141.2 million of cash and cash equivalents on hand as compared to approximately $111.8 million cash and cash equivalents and available for sale securities as of December 31st, 2015. SGYP free research report PDF is just a click away at:


Novo Nordisk  

On Wednesday, shares in Bagsvaerd, Denmark headquartered Novo Nordisk A/S recorded a trading volume of 1.77 million shares. The stock ended the day 0.46% higher at $46.05. The Company's shares are trading below their 50-day moving average by 8.73%. Furthermore, shares of Novo Nordisk, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, have an RSI of 40.90.

On September 1st, 2016, Novo Nordisk announced that Lars Rebien Sørensen, president and chief executive officer, will retire from the company by the end of 2016. Lars Fruergaard Jørgensen, currently executive vice president and head of Corporate Development, will succeed him, effective 1st, January 2017.

On September 13th, 2016, research firm Exane BNP Paribas upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Sign up for your complimentary report on NVO at:


Apricus Biosciences  

San Diego, California headquartered Apricus Biosciences Inc.'s stock surged 8.33%, finishing yesterday's session at $0.39. A total volume of 1.61 million shares was traded, above their three months average volume of 701,420 shares. The Company's shares have advanced 30.00% in the last one month. The stock is trading above its 50-day moving average by 15.04%. Additionally, shares of Apricus Biosciences, which focuses on the development and commercialization of products and product candidates in the areas of urology and rheumatology, have an RSI of 66.28.

On September 8th, 2016, Apricus Biosciences announced that Argentina has granted Apricus` commercialization partner, Ferring Pharmaceuticals, market approval for Vitaros®, an on-demand topical cream indicated for the treatment of patients with erectile dysfunction. The company stated that it is the twenty-fourth country in which the product has been approved. Register for free on Stock-Callers.com and download the latest research report on APRI at:



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