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Wednesday 16 September 2015
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Current Trade News Review: Hewlett-Packard Company (NYSE:HPQ), Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH), Mastercard Inc (NYSE:MA)

During Monday’s Current trade, Shares of Hewlett-Packard Company (NYSE:HPQ), gain 1.07% to $27.44.

HP (NYSE: HPQ) declared the availability of Autodesk SketchBook for Sprout by HP, the world’s first immersive computer. HP also said it updated Sprout’s breakthrough 3D Capture application with improvements to speed 3D content creation for professionals. The free Autodesk SketchBook and 3D Capture application downloads are accessible from the Sprout Marketplace.

Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to to the government, health, and education sectors worldwide. The company’s Personal Systems segment offers commercial personal computers (PCs), consumer PCs, operatestations, thin clients, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets. Its Printing segment provides consumer and commercial printer hardware, supplies, media, and scanning device, in addition to laserjet and enterprise, inkjet and printing, and graphics solutions; and software and Web services.

Shares of Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH), inclined 1.84% to $8.85, during its current trading session.

Tetraphase Pharmaceuticals, Inc. (TTPH), a clinical stage biopharmaceutical company developing novel antibiotics to treat life-threatening multidrug-resistant (MDR) infections, recently declared that the IGNITE2 phase 3 clinical trial of eravacycline administered as an IV to oral transition therapy for the treatment of complicated urinary tract infections (cUTI) did not achieve its primary endpoint of statistical non-inferiority contrast to levofloxacin.

The pivotal portion of the phase 3 IGNITE2 clinical trial enrolled 908 patients who were randomized 1:1 to receive eravacycline (1.5 mg/kg intravenously every 24 hours followed by 200 mg orally every 12 hours) or levofloxacin (750 mg intravenously every 24 hours followed by 750 mg orally every 24 hours). Each patient received a minimum of 3 days of IV dosing and then, if clinically indicated, were eligible to transition to oral therapy for the remaining doses for a total treatment period of 7 days. For the U.S. Food and Drug Administration (FDA), the primary analysis evaluated the responder outcome (a combination of clinical cure rate and microbiological response) in the Microbiological Intent-to-Treat (micro-ITT) population at the Post-Treatment (PT) visit (defined as 6-8 days after the completion of therapy) using a 10% non-inferiority margin. For the European Medicines Agency (EMA), the primary analysis evaluated the microbiological response in the microbiologically modified ITT (micro-MITT) population and microbiologically evaluable (ME) populations at the PT visit using a 10% non-inferiority margin. Eravacycline did not achieve the primary endpoint under either analysis.

Tetraphase Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops various antibiotics for the treatment of serious and life-threatening multi-drug resistant infections. Its lead product candidate comprises eravacycline, an intravenous and oral antibiotic for use as a first-line empiric monotherapy for the treatment of multidrug-resistant infections, counting multidrug-resistant Gram-negative infections.

Mastercard Inc (NYSE:MA), during its Monday’s current trading session decreased -0.08% to $91.28.

Millions of MasterCard cardholders will soon have even more ways to make safe and convenient mobile payments. Recently, Google declared that they are starting to roll out Android Pay in the U.S., enabling seamless and secure contactless payments at millions of locations across the country where MasterCard contactless payments are accepted.

Over the next few days, owners of eligible Android devices can start using Android Pay. For those consumers who receive automatic updates to their Android devices, the Google Wallet app will automatically update to Android Pay. Those who don’t receive automatic updates can download the Android Pay app from the Google Play Store in the next few days. Consumers can add their MasterCard credit, debit, select small business and prepaid cards from participating banks.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services.

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