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Wednesday 8 April 2015
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Stocks in Action: OXiGENE (NASDAQ:OXGN), Juniper Networks, (NYSE:JNPR), Celldex Therapeutics, (NASDAQ:CLDX), Baytex Energy (NYSE:BTE),

On Tuesday OXiGENE Inc (NASDAQ:OXGN)’s shares enhanced 3.27%, and closed at $1.58, as the OXiGENE, Inc. declared that the corporation will take part in two forthcoming investor and medical conferences. Dai Chaplin, Ph.D., president and chief executive officer, will provide a corporate overview at the 14th Annual Needham Healthcare Conference on April 15, 2015. The presentation will take place at 3:00 p.m. ET at The Westin NY Grand Central Hotel in New York, NY.

Poster presentations related to OXiGENE’s early stage scientific programs will also be presented at the AACR Annual Meeting 2015 taking place April 18-22, 2015 at the Pennsylvania Convention Center in Philadelphia.

OXiGENE, Inc., a clinical-stage biopharmaceutical corporation, develops therapeutics primarily to treat cancer. The corporation focuses on developing vascular disrupting agents (VDAs) that disrupt abnormal blood vessels associated with solid tumor progression.

Juniper Networks, Inc. (NYSE:JNPR), inclined 3.17%, and closed at $23.42, as on April 6, 2015, Juniper Networks the industry leader in network innovation, confirmed it will release preliminary financial results for the quarter ended March 31, 2015, on April 23, 2015 after the close of the market and will host a conference call at 2:00 p.m. PDT (Pacific Daylight Time), to be broadcast live over the Internet.

Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.

At the end of Tuesday’s trade, Celldex Therapeutics, Inc. (NASDAQ:CLDX), surged 3.07%, and closed at $27.19, as the Celldex Therapeutics, Inc. disclosed that data from the Phase 2 EMERGE study of glembatumumab vedotin in metastatic breast cancer have been published in the Journal of Clinical Oncology. The data from this study supported the initiation of the ongoing, pivotal Phase 2 METRIC study in patients with triple negative breast cancers that over-express glycoprotein NMB (gpNMB). Glembatumumab vedotin is an antibody-drug conjugate that targets and binds to gpNMB, a protein expressed by multiple tumor types, counting breast cancer. Overexpression of gpNMB has been shown to promote the invasion and metastasis of cancer and has been associated with poor clinical outcome.

Celldex Therapeutics, Inc., a biopharmaceutical corporation, develops, manufactures, and commercializes novel therapeutics for human health care in the United States. The corporation’s lead drug candidates comprise rindopepimut (CDX-110), a targeted immunotherapeutic in a pivotal Phase III study for the treatment of front-line glioblastoma.

Baytex Energy Corp (USA) (NYSE:BTE), gained 3.03%, and closed at $17.69, as the Baytex Energy Corp. has closed the formerly declared bought deal financing. Baytex issued 36,455,000 ordinary shares (the “Ordinary Shares”), counting 4,755,000 ordinary shares following the full exercise of the over-allotment option, at a price of $17.35 per share for aggregate gross proceeds of about $632.5 million. The net proceeds from the Equity Financing will be used to reduce bank indebtedness, raise working capital and fund ongoing capital expenditures.

Baytex Energy Corp., an oil and gas corporation holds in the attainment, development, exploitation, and production of oil and natural gas in the Western Canadian Sedimentary Basin and the United States.

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