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Sunday 20 September 2015
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Pre-Market Stocks Recap: Horizon Pharma (NASDAQ:HZNP), Key Energy Services, (NYSE:KEG), Endurance International Group Hldgs (NASDAQ:EIGI), Unilife (NASDAQ:UNIS)

On Tuesday, Horizon Pharma PLC (NASDAQ:HZNP)’s shares inclined 0.21% to $32.75.

Horizon Pharma plc ( HZNP), a biopharmaceutical company focused on improving patients’ lives by identifying, developing, acquiring and commercializing differentiated and accessible medicines that address unmet medical needs, recently named George Hampton as executive vice president, global orphan business unit and international operations, reporting directly to Timothy P. Walbert, chairman, president and chief executive officer, effective right away. Hampton has also joined the Horizon’s Executive Committee.

Hampton joined Horizon Pharma in 2008 as a consultant and full time as a group vice president, international operations in April 2015. Most recently, Hampton served as president and chief executive officer of a privately held technology company. He also has more than 20 years of experience as a successful executive in the pharmaceutical and biotech field on both a national and international scale counting specific expertise in the autoimmune (HUMIRA), primary care (CELEBREX), orthopedic, diabetes (BYETTA), anti-infectives and cardiovascular areas. This comprises 10 product launches in roles of increasing responsibility in sales, international marketing and operations at G.D. Searle, Abbott (now AbbVie) and Amylin Pharmaceuticals. Hampton holds a bachelor’s degree from Miami University in Oxford, Ohio.

Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.

Key Energy Services, Inc. (NYSE:KEG)’s shares dropped -2.74% to $0.885.

Key Energy Services, Inc. (KEG) stated second quarter 2015 merged revenues of $197.5 million and a pre-tax GAAP loss of $96.1 million, or $0.42 per share. The results for the second quarter comprise:

  • a pre-tax loss of $21.4 million, or $0.10 per share, related to a pending sale and the associated impairment of our assets in Oman;
  • pre-tax costs of $8.4 million, or $0.04 per share, related to the formerly revealed Foreign Corrupt Practices Act (“FCPA”) investigations;
  • a pre-tax loss of $2.1 million, or $0.01 per share, on the sale of certain U.S. assets; and
  • pre-tax costs of $1.1 million due to severance.

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers.

At the end of Tuesday’s trade, Endurance International Group Hldgs Inc (NASDAQ:EIGI)‘s shares dipped -1.58% to $16.83.

Endurance International Group (EIGI), a leading provider of cloud-based platform solutions to assist small and medium-sized businesses succeed online, recently declared that Business On Tapp is launching Tapp University (TappU), a series of in-app small business courses accessible to users of the mobile application. TappU provides “mini” lessons tailored for small business owners to assist them enhance their base of knowledge to improve and grow their business. Course topics were selected based on frequently asked questions presented by users of Business On Tapp, and content was created in conjunction with the Knowledge Institute for Small Business Development (KISBD), which has driven start-up and small business growth for four decades through its Ph.D.-developed coursework.

Endurance International Group Holdings, Inc., together with its auxiliaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. It offers domain registration, administration, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, counting entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers’ Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to plan, maintain, manage, and restore backups of their online data and Websites to meet their particular business needs.

Unilife Corp (NASDAQ:UNIS), ended its Tuesday’s trading session with 1.45% gain, and closed at $1.40.

Unilife Corporation ( UNIS), a developer, manufacturer and supplier of injectable drug delivery systems, recently declared the implementation of a multifaceted financing strategy that provides the Company with flexibility and control to support its continued business growth.

Unilife has signed an equity purchase agreement for up to $45 million with Lincoln Park Capital Fund, LLC (“LPC”), a Chicago-based institutional investor, which provides the Company with $5 million in initial net proceeds and the option to generate, at its sole control and discretion, up to $40 million in additional net proceeds over 24 months. Unilife has also implemented a $25 million At-the-Market facility with Cantor Fitzgerald that can be used at the Company’s discretion.

Unilife Corporation designs, manufactures, and supplies injectable drug delivery systems in the United States and internationally. The company offers Unifill, a pre-filled syringe with integrated, automatic, and user-controlled retraction; Unifill Finesse, an integrated, automatic, and user-controlled retraction with standard plunger seal and plunger rod; Unifill Select, which allows an end-user to select and attach a needle at the time of injection; Unifill Nexus that is equipped with an integrated luer adapter to provide connectivity with needleless luer access devices; and Unifill Allure, which combines universal luer connectivity with automatic, user-controlled needle retraction.

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