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Friday 26 June 2015
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Pre-Market News Review: Pfizer, (NYSE:PFE), Gilead Sciences, (NASDAQ:GILD), Symantec Corporation, (NASDAQ:SYMC)

On Tuesday, Shares of Pfizer Inc. (NYSE:PFE), gained 0.55% to $34.50.

Pfizer, declared that the first patient has been enrolled in the RESET (Rivipansel: Evaluating Safety, Efficacy and Time to Discharge) study – a Phase 3 clinical trial assessing the efficacy and safety of rivipansel for the treatment of vaso-occlusive crisis in hospitalized individuals with sickle cell disease who are six years of age or older.

Sickle cell disease is one of the most prevalent genetic disorders in the U.S. It is a rare and debilitating chronic disease with lifelong clinical impact and reduced life expectancy; life expectancy is 48 years for females and 42 years for males with sickle cell disease. There are more than 100,000 people in the U.S. living with sickle cell disease1, and many of them experience multiple vaso-occlusive crises each year. These painful crises result in more than 75,000 hospitalizations per year in the U.S., with an average hospital stay of about six days.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.

Shares of Gilead Sciences Inc. (NASDAQ:GILD), inclined 0.59% to $122.21, during its last trading session, hitting its highest level, as Health care stocks edged higher in late-afternoon trade Tuesday with the NYSE Health Care Sector Index rising 0.1% and shares of health care companies in the S&P 500 posting a 0.2% gain as a group.

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical need in North America, South America, Europe, and the Asia-Pacific. The company’s products comprise Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver disease.

Finally, Symantec Corporation (NASDAQ:SYMC), ended its last trade with 1.81% gain, and closed at $24.25, as technology stocks were hanging on to slim gains late in Tuesday’s session after earlier reversing small losses, with shares of technology companies in the S&P 500 advancing about 0.2%.

Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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