Tuesday , 17 March 2015

Latest News
Home » BIOTECHNOLOGY » Healthcare Sector Losing Stocks Alert - Bellerophon Therapeutics, (NASDAQ:BLPH), Biodel, (NASDAQ:BIOD), Ironwood Pharmaceuticals, (NASDAQ:IRWD), Verastem, (NASDAQ:VSTM), Genworth Financial, (NYSE:GNW)
Healthcare Sector Losing Stocks Alert – Bellerophon Therapeutics, (NASDAQ:BLPH), Biodel, (NASDAQ:BIOD), Ironwood Pharmaceuticals, (NASDAQ:IRWD), Verastem, (NASDAQ:VSTM), Genworth Financial, (NYSE:GNW)

Healthcare Sector Losing Stocks Alert - Bellerophon Therapeutics, (NASDAQ:BLPH), Biodel, (NASDAQ:BIOD), Ironwood Pharmaceuticals, (NASDAQ:IRWD), Verastem, (NASDAQ:VSTM), Genworth Financial, (NYSE:GNW)

February 17, 2015 12:28 pm by: Category: BIOTECHNOLOGY, Health Leave a comment A+ / A-

Wall Street took in stride information demonstrating the greatest drop in U.S. import costs in six years and weaker-than-anticipated U.S. purchaser opinion.

The S&P 500 shut everything down focuses, or 0.41 percent, at 2,096.99.

The Dow Jones mechanical standard quit for the day focuses, or 0.26 percent, at 18,019.35.

Healthcare stocks climbed extensively on Wall Street recently, with the part seeing a general increment of 0.4%

Merger insanity is warming up again as moral medication firm’s hurry to get one another and grow their portfolios.

U.S. stock markets are shut on Monday for the Presidents’ Day occasion.

Below is described the comprehensive details of few biotech sector stocks that lands in the bearish zone Friday:

Bellerophon Therapeutics Inc (NASDAQ:BLPH) declined -10.30%, and closed at $8.97, during the last trading session, after the following news that a clinical-stage biotherapeutics company, declared the pricing of its initial public offering of 5,000,000 shares of ordinary stock at a public offering price of $12.00 per share, before underwriting discounts. All of the shares in the offering are being sold by Bellerophon. In addition, Bellerophon has granted the underwriters an option to purchase up to 750,000 additional shares of ordinary stock at the public offering price, less the underwriting discount. Bellerophon’s ordinary stock has been approved for listing on the NASDAQ Global Market and is predictable to start trading under the ticker symbol “BLPH” on February 13, 2015. The offering is predictable to close on February 19, 2015, subject to customary closing conditions.

Bellerophon Therapeutics Inc (NASDAQ:BLPH) is a clinical-stage biotherapeutics company focused on developing innovative therapies at the intersection of drugs and devices that address noteworthyunmet medical needs in the treatment of cardiopulmonary and cardiac diseases.

Biodel Inc (NASDAQ:BIOD) dropped -9.21%, and closed at $1.38, during the last trading session, after a development-stage specialty biopharmaceutical company, stated financial results for the first fiscal quarter ended December 31, 2014.

Since last fiscal quarter highlights:

  • Stated Phase 2a meal study data for Study 3-151, which demonstrated superior post-meal glucose control of BIOD-531 contrast to marketed prandial/basal insulins Humalog® Mix 75/25 and Humulin® R U-500 in patients with diabetes who require high doses of insulin
  • On track for completion of dosing in the middle of February 2015 of Study 6-101 Phase 1 proof of concept study in the Glucagon Emergency Administration (GEM) Program to compare the pharmacokinetic and pharmacodynamic properties of BIOD-961 to two marketed glucagon products; declaration of top line data projected towards the end of first calendar quarter 2015
  • On track for initiation in the second calendar quarter of 2015 of multi-dose Phase 2b Study 3-250 in type 2 diabetes patients with moderate insulin resistance who will receive BIOD-531 or Humalog® Mix 75/25 twice daily for a total of 18 weeks

Biodel Inc (NASDAQ:BIOD) is a specialty biopharmaceutical company focused on the development and commercialization of innovative treatments for diabetes that may be safer, more effective and more convenient for patients.

Ironwood Pharmaceuticals, Inc (NASDAQ:IRWD) dipped -5.31%, and closed at $15.15, during the last trading session, after a pharmaceutical company, offered an update on its fourth quarter 2014 and recent business activities. The company kept on to make strong progress maximizing LINZESS, advancing its pipeline of investigational medicines and precedingitizing investments within key growth drivers.

Ironwood Pharmaceuticals, Inc (NASDAQ:IRWD) is focused on creating medicines that make a difference for patients, building value to earn the kept on support of our fellow shareholders, and empowering our team to passionately pursue excellence.

Verastem Inc (NASDAQ:VSTM) declined -5.26%, and closed at $7.93, during the last trading session, after a clinical biopharmaceutical company, declared that VS-5584 has received orphan drug designation from the U.S. Food and Drug Administration for use in the treatment of mesothelioma. The designation was created to encourage the development of drugs that may provide noteworthy benefit to patients suffering from rare diseases.

Verastem Inc (NASDAQ:VSTM), a biopharmaceutical company, focuses on discovering and developing proprietary small molecule drugs targeting cancer stem cells (CSCs) with companion diagnostics.

Healthcare Sector Losing Stocks Alert - Bellerophon Therapeutics, (NASDAQ:BLPH), Biodel, (NASDAQ:BIOD), Ironwood Pharmaceuticals, (NASDAQ:IRWD), Verastem, (NASDAQ:VSTM), Genworth Financial, (NYSE:GNW) Reviewed by on . Wall Street took in stride information demonstrating the greatest drop in U.S. import costs in six years and weaker-than-anticipated U.S. purchaser opinion. The Wall Street took in stride information demonstrating the greatest drop in U.S. import costs in six years and weaker-than-anticipated U.S. purchaser opinion. The Rating: 0

Leave a Comment

scroll to top