On Thursday, Neurocrine Biosciences, Inc.(NASDAQ:NBIX)’s shares declined -3.1% to $48.09.
Neurocrine Biosciences, Inc. (NBIX) declared that it has suspended two planned clinical studies of the Company’s CRF antagonist NBI-77860.
The two clinical studies that were halted comprise a single dose study in adolescent females with classic congenital adrenal hyperplasia and a multiple dose study in adults with classic congenital adrenal hyperplasia. The Company had not enrolled any subjects in either study and accordingly, there have been no adverse events stated.
The Company has also been informed by the FDA that the NBI-77860 clinical development program would be placed on partial clinical hold.
Neurocrine Biosciences, Inc. discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders in the United States. The company’s products in clinical development stage comprise elagolix, which is in Phase III study for endometriosis; elagolix that is in Phase IIb study for uterine fibroids; Corticotropin-Releasing Factor Receptor1 Antagonist, which is in Phase I/II study for congenital adrenal hyperplasia and stress-related disorders; and Vesicular Monoamine Transporter 2 Inhibitor (VMAT2) that is in Phase III study for movement disorders, in addition to Phase I study for tourette syndrome. Its research programs comprise VMAT2 for movement disorders, bipolar disorders, and schizophrenia; gonadotropin-releasing hormone (GnRH) antagonists for men’s and women’s health, and oncology; antiepileptic drugs for epilepsy, essential tremor, and pain; and G Protein-Coupled receptors for other conditions.
Avery Dennison Corp(NYSE:AVY)’s shares dropped -0.05% to $58.00.
Vogue International, the makers of OGX hair care products collaborated with WS Packaging Group, Inc. and Avery Dennison (AVY) to reduce the environmental impacts of pressure-sensitive labels on packaging.
According to Vogue, using the Avery Dennison GreenprintTM methodology, a life cycle-based environmental performance assessment tool, an evaluation was conducted to show that using thinner label materials will reduce environmental impacts. The Greenprint tool, launched in 2010, is the first life-cycle based tool in the label industry and can assist brands make environmental decisions about labels.
Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. It operates through Pressure-Sensitive Materials, Retail Branding and Information Solutions, and Vancive Medical Technologies segments. The Pressure-sensitive Materials segment offers pressure-sensitive label and packaging materials, graphics, reflective products, tapes, and performance polymers.
At the end of Thursday’s trade, Starz(NASDAQ:STRZA)‘s shares surged 1.65% to $37.65.
Starz Worldwide Distribution, the global television licensing arm of Starz, and Super Channel, Canada’s only national English pay television network, announced their latest expanded multi-year output agreement that will continue to bring new, high profile STARZ Originals programming and an annual collection of movie titles distributed by Starz Worldwide Distribution to Super Channels’ Canadian subscribers.
As a result of the latest content licensing deal, Super Channel will be the exclusive English pay television home in Canada for STARZ Originals during the life of the series and their premium television runs for several future STARZ Original series, including “Ash vs Evil Dead,” the long-awaited STARZ Original series based on the classic horror film, The Evil Dead, and “The Girlfriend Experience,” a STARZ anthology series from Steven Soderbergh, and the first STARZ Original movie, The Dresser, a STARZ and BBC Co-Production of Richard Eyre’s television adaptation of Ronald Harwood’s, The Dresser, one of the great British plays about life in the theatre.
Starz, through its auxiliaries, operates as a media and entertainment company. It operates through Starz Networks, Starz Distribution, and Starz Animation segments. The Starz Networks segment provides premium subscription video programming to U.S. multichannel video programming distributors (MVPDs), counting cable operators, satellite television providers, and telecommunications companies. Its networks comprise Starz and Encore, which air film content, in addition to original series and specials without advertisements; and MoviePlex that offers various art house, independent films, and classic movie library content.
Parker Drilling Company(NYSE:PKD), ended its Thursday’s trading session with -2.46% loss, and closed at $3.18.
Parker Drilling Company (PKD) declared the election of Mr. Peter T. Fontana to the Company’s board of directors. An oil and gas industry veteran with over 30 years of experience, Mr. Fontana brings extensive international oilfield services and technical operations expertise to the Company. With the addition of Mr. Fontana, the board’s total membership is now 10. He will also serve on the board’s audit committee.
Mr. Fontana is the former chief operating officer of Weatherford International, a global provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells. He stepped down from Weatherford in 2013, having served as chief operating officer since 2010. Mr. Fontana joined Weatherford in January 2005. Preceding to joining Weatherford, Mr. Fontana held leadership positions with Baker Hughes, Forasol/Foramer and The Western Company of North America.
Parker Drilling Company, together with its auxiliaries, provides contract drilling and drilling-related services and rental tools in the United States, Latin America, Africa, the Middle East, the Asia Pacific, Europe, and the Commonwealth of Independent States. It operates in five segments: Rental Tools; U.S. Barge Drilling; U.S. Drilling; International Drilling; and Technical Services.
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