Research Reports Initiation on Biotech Stocks -- Regulus Therapeutics, Abeona Therapeutics, Theravance Biopharma, and Sage Therapeutics
NEW YORK, January 20, 2017 /PRNewswire/ --
Stock-Callers.com explores the Biotech industry to see how current market conditions have influenced the most recent performances of select equities. In this morning's lineup are: Regulus Therapeutics Inc. (NASDAQ: RGLS), Abeona Therapeutics Inc. (NASDAQ: ABEO), Theravance Biopharma Inc. (NASDAQ: TBPH), and Sage Therapeutics Inc. (NASDAQ: SAGE). According to a new research report by Grand View Research, global Biotech market size is expected to reach $604.40 billion by 2020 due to increased demand for biotech-based diagnostics and therapeutics solutions such as recombinant technology, red biotechnology, and DNA sequencing. Learn more about these stocks by downloading their free report at: http://stock-callers.com/registration
Regulus Therapeutics
San Diego, California headquartered Regulus Therapeutics Inc.'s stock finished Thursday's session 2.08% lower at $2.35 with a total trading volume of 187,480 shares. The Company's shares have advanced 4.44% on an YTD basis. The stock is trading below its 50-day moving average by 7.06%. Furthermore, shares of Regulus Therapeutics, which focuses on the discovery and development of drugs that target RNAs to treat a range of diseases in the US, have a Relative Strength Index (RSI) of 44.96.
On December 06th, 2016, Regulus Therapeutics announced two new drug development candidates. The first candidate, RGLS5040, is an anti-miR targeting microRNA-27 for the treatment of cholestatic diseases. The second candidate, RGLS4326, is an anti-miR targeting microRNA-17 for the treatment of autosomal dominant polycystic kidney disease. The free research report on RGLS is available at:
http://stock-callers.com/registration/?symbol=RGLS
Abeona Therapeutics
Shares in Dallas, Texas-based Abeona Therapeutics Inc. ended at $5.00, down 1.96% from the last trading session. The stock recorded a trading volume of 343,791 shares. The Company's shares have gained 11.11% in the last one month and 3.09% since the start of this year. The stock is trading 14.38% above its 200-day moving average. Moreover, shares of Abeona Therapeutics, which focuses on developing and delivering gene therapy and plasma-based products for severe and life-threatening rare diseases, have an RSI of 40.51.
On January 06th, 2017, research firm Jefferies initiated a 'Buy' rating on the Company's stock.
On January 19th, 2017, Abeona Therapeutics announced that the European Medicines Agency Committee for Orphan Medicinal Products has granted Orphan Drug Designation for Abeona's gene therapy program ABO-101 for children impacted by Sanfilippo syndrome type B (MPS IIIB), a rare autosomal recessive disease that causes neurocognitive decline, speech loss, loss of mobility, and premature death in children. ABO-101 has previously been granted the FDA Orphan Product Designation in the US and received the Rare Pediatric Disease Designation as a pre-requisite part of the FDA's Priority Review Voucher process. The FDA has allowed the Investigational New Drug for a Phase-1/2 clinical trial. The complimentary report on ABEO can be downloaded at:
http://stock-callers.com/registration/?symbol=ABEO
Theravance Biopharma
George Town, the Cayman Islands-based Theravance Biopharma Inc.'s stock ended yesterday's session 2.47% lower at $31.19 with a total trading volume of 121,298 shares. The Company's shares have advanced 2.06% in the previous three months. The stock is trading 0.31% above its 50-day moving average and 14.67% above its 200-day moving average. Additionally, shares of Theravance Biopharma, which discovers, develops, and commercializes human therapeutics, have an RSI of 42.77.
On December 21st, 2016, research firm Needham initiated a 'Buy' rating on the Company's stock, with a target price of $40 per share.
On January 17th, 2017, Theravance announced that new interim data from its ongoing Telavancin Observational Use Registry (TOUR™) study will be the focus of an oral presentation at the Society of Critical Care Medicine's (SCCM) 46th Critical Care Congress. TOUR is designed to assess how VIBATIV® is being used by healthcare practitioners to treat patients in real-world clinical settings. The SCCM 46th Critical Care Congress is being held in Honolulu, HI on January 20th-25th, 2017. Visit us today and download our complete research report on TBPH for free at:
http://stock-callers.com/registration/?symbol=TBPH
Sage Therapeutics
At the close on Thursday, shares in Cambridge, Massachusetts headquartered Sage Therapeutics Inc. recorded a trading volume of 229,249 shares. The stock finished 1.32% lower at $53.03. The Company's shares have gained 9.34% in the last one month, 28.93% in the previous three months, and 3.86% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.00% and 28.88%, respectively. Furthermore, shares of Sage Therapeutics, which develops and commercializes novel medicines to treat central nervous system disorders, have an RSI of 54.17.
On December 19th, 2016, Sage Therapeutics announced the initiation of Phase-2 clinical development for SAGE-217, a novel, internally-developed, next generation oral GABAA receptor modulator, in two mood disorder clinical programs - postpartum depression (PPD) and major depressive disorder (MDD). Top-line results from the Part A open-label study in MDD is expected in H1 2017, and the PPD study is anticipated to report results in H2 2017. Get free access to your technical report on SAGE at:
http://stock-callers.com/registration/?symbol=SAGE
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