On Tuesday, Radius Health Inc (NASDAQ:RDUS)’s shares inclined 4.00% to $65.57.
Radius Health Inc (RDUS) declared first six-month data from the ACTIVExtend study together with 25-month combined data from the phase III ACTIVE and ACTIVExtend studies on its lead candidate abaloparatide-SC. The company’s shares gained 6.5% following the declarement.
Radius Health is developing abaloparatide-SC for reducing the risk of fracture in postmenopausal women suffering from severe osteoporosis. The company stated that patients who formerly accomplished 18-months treatment with abaloparatide-SC in the phase III ACTIVE study and were receiving alendronate in the ACTIVExtend study (extension to the ACTIVE study) did not undergo new vertebral fractures during the first six-month treatment with alendronate.
The ACTIVExtend study is evaluating 24 months of standard-of-care osteoporosis administration in postmenopausal women, after they accomplished 18-month treatment with abaloparatide-SC or placebo in the ACTIVE study.
Meanwhile, Radius Health revealed new data from an exploratory analysis of major osteoporotic fractures on the ACTIVE study, which showed a 67% reduction in major osteoporotic fractures in the abaloparatide treatment group contrast to placebo. Patients in the abaloparatide arm also achieved a 53% reduction in major osteoporotic fractures contrast to Eli Lilly’s LLY Forteo.
Radius Health, Inc., a biopharmaceutical company, focuses on developing therapeutics for patients with osteoporosis and other serious endocrine-mediated diseases in the United States. The company’s lead product comprises abaloparatide SC (BA058), a novel synthetic peptide analog of parathyroid hormone-related protein that is in Phase III clinical development for use in the reduction of fractures in postmenopausal osteoporosis; and Abaloparatide-TD, a line extension of abaloparatide-SC in the form of a transdermal patch that has accomplished Phase II clinical trial, which is used to enhance bone mineral density.
Unum Group (NYSE:UNM)’s shares gained 0.68% to $37.15.
Unum Group (UNM) continues to experience sturdy sales and premium income enhance in addition to stable risk performance across core business segments and the closed block. These in turn assisted the company to outperform the Zacks Consensus Estimate in the first quarter.
With respect to the earnings surprise trend, the Zacks Rank #3 (Hold) accident and health insurer delivered a positive surprise in three of the last four quarters, with an average beat of 1.17%.
Over the past few years, the company’s conservative pricing and reservation practices have contributed to its overall profitability. Unum estimates 2015 operating earnings to grow 2–5% from the 2014 level.
In addition, Unum Group anticipates solid persistency and sales improvement in existing client relationships to continue driving sales higher in Unum U.S.
Unum Group, together with its auxiliaries, provides group and individual disability insurance products in the United States and the United Kingdom. The company operates through three segments: Unum US, Unum UK, and Colonial Life. It provides group long-term and short-term disability, group life, accidental death and dismemberment, individual disability, supplemental and voluntary products, and group and individual long-term care insurance products, in addition to accident, sickness and disability products, life products, and cancer and critical illness products.
At the end of Tuesday’s trade, SLM Corp (NASDAQ:SLM)‘s shares surged 0.29% to $10.27.
SLM Corp (NASDAQ:SLM) declared a $10,000 grant to the Delaware Adolescent Program, Inc. (DAPI) to support the nonprofit’s summer 2015 Pathway to College and Career Program. DAPI assists teen parents graduate from high school and motivates them to pursue college educations. The grant was made by The Sallie Mae Fund, Sallie Mae’s charitable foundation.
During the four-week Pathways to College Program, which starts recently and runs through July 9, about 20 eighth through 12th graders from throughout Delaware will be able to earn credit for coursework they were unable to complete during the regular academic year. This is the program’s second year; Sallie Mae also supported the program’s launch in 2014.
SLM Corporation, together with its auxiliaries, operates as a saving, planning, and paying for education company in the United States. The company offers private education loans to students and their families. It also provides banking products, such as high yield savings accounts, money market accounts, and certificates of deposits; and operates a consumer savings network that offers financial rewards on everyday purchases to assist families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Whitestone REIT (NYSE:WSR), ended its Tuesday’s trading session with -4.02% loss, and closed at $13.62.
Whitestone REIT (WSR) declared that it has priced its public offering of 3,750,000 common shares for total predictable gross proceeds of about $51.6 million before expenses.
The underwriter has been granted a 30-day option to purchase up to an additional 562,500 common shares. The offering is subject to customary closing conditions and is predictable to close on June 26, 2015.
Whitestone REIT is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in owning and operating commercial properties in culturally diverse markets in major metropolitan areas. The firm was formerly known as Hartman Commercial Properties REIT. Whitestone REIT was founded on 1998 and is based in Houston, Texas.
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