Breakfast Technical Briefing on Alkermes and Three Other Additional Biotech Stocks
Stock Research Monitor: AIMT, PETX, and ABIO
LONDON, UK / ACCESSWIRE / June 19, 2018/ If you want a free Stock Review on ALKS sign up now at www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on Aimmune Therapeutics Inc. (NASDAQ: AIMT), Alkermes PLC (NASDAQ: ALKS), Aratana Therapeutics Inc. (NASDAQ: PETX), and ARCA biopharma Inc. (NASDAQ: ABIO). The majority of Biotech companies research and develop products for the healthcare market. In medicine, modern biotechnology finds promising applications in such areas as drug production, pharmacogenomics, gene therapy, and genetic testing. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Aimmune Therapeutics
Brisbane, California headquartered Aimmune Therapeutics Inc.'s shares gained slightly by 0.92%, closing Monday's trading session at $30.77. The stock recorded a trading volume of 479,987 shares. The Company's shares have advanced 2.53% in the last month and 86.82% over the past year. The stock is trading 1.23% below its 50-day moving average. Additionally, shares of Aimmune Therapeutics, which develops and commercializes product candidates for the treatment of peanut and other food allergies, have a Relative Strength Index (RSI) of 47.00.
On June 11th, 2018, Aimmune Therapeutics announced the appointment of Jayson Dallas, M.D., as President and CEO. Dr. Dallas, a biotech and pharmaceutical industry executive with decades of global strategic and commercial experience, will join on June 19th, 2018, and will also become a member of the Company's Board of Directors. Get the full research report on AIMT for free by clicking below at:
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Alkermes
On Monday, shares in Dublin, Ireland headquartered Alkermes PLC recorded a trading volume of 647,685 shares. The stock rose 0.93%, ending the day at $50.77. The Company's shares have advanced 10.35% in the past month. The stock is trading above its 50-day moving average by 10.81%. Furthermore, shares of Alkermes, which researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the US, Ireland, and internationally, have an RSI of 65.73.
On June 06th, 2018, research firm B. Riley FBR, Inc. initiated a 'Buy' rating on the Company's stock, with a target price of $60 per share.
On June 06th, 2018, Alkermes announced that it has received a $50 million payment from Biogen. This payment follows the latter's review of preliminary gastrointestinal tolerability data from the ongoing clinical development program for BIIB098 (diroximel fumarate). ALKS expects to submit a NDA for BIIB098 to the US FDA in Q4 2018. ALKS's complimentary research coverage is a few simple steps away at:
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Aratana Therapeutics
Leawood, Kansas headquartered Aratana Therapeutics Inc.'s stock finished the day 1.21% lower at $4.89 with a total trading volume of 274,404 shares. The Company's shares have advanced 23.17% in the previous three months. The stock is trading below its 50-day moving average by 5.35%. Additionally, shares of Aratana Therapeutics, which focuses on the licensing, development, and commercialization of therapeutics for dogs and cats in the US and Belgium, have an RSI of 37.04.
On June 01st, 2018, Aratana Therapeutics announced that it submitted a supplemental New Animal Drug Application for NOCITA® (bupivacaine liposome injectable suspension) with the US FDA's Center for Veterinary Medicine. The filing is intended to expand the NOCITA label to include its use in cats as a peripheral nerve block to provide regional post-operative analgesia following onychectomy. The FDA's Animal Drug User Fee Act review date is set for July 30th, 2018. Register for your free research report on PETX at:
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ARCA biopharma
Shares in Westminster, Colorado headquartered ARCA biopharma Inc. ended yesterday's session 3.43% lower at $0.54. The stock recorded a trading volume of 366,077 shares. The Company's shares are trading 1.95% below their 50-day moving average. Moreover, shares of ARCA biopharma, which focuses on developing genetically-targeted therapies for cardiovascular diseases, have an RSI of 47.06.
On May 29th, 2018, ARCA biopharma announced that data from the GENETIC-AF clinical trial was presented in a "Late Breaking Clinical Trials" oral presentation at the European Society of Cardiology Heart Failure 2018 World Congress on Sunday, May 27th, 2018. William T. Abraham, M.D., Professor of Medicine, Physiology and Cell Biology and Director, Division of Cardiovascular Medicine at the Ohio State University, presented the data. Wall St. Equities' downloadable research report on ABIO available at:
www.wallstequities.com/registration/?symbol=ABIO
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