On Thursday, BioDelivery Sciences International, Inc (NASDAQ:BDSI)’s shares dwindled - 4.15%, and closed at $9.48, formerly on March 30, BioDelivery Sciences International, Inc (BDSI), stated that the primary efficacy endpoint in the Phase 3 clinical study of Clonidine Topical Gel contrast to placebo for the treatment of painful diabetic neuropathy did not meet statistical significance, although certain secondary endpoints showed statistically noteworthy improvement over placebo. In addition, a strong safety profile for the product was observed. The results of this trial provide data that will allow the corporation to better refine the protocol criteria to capture a more “enriched” patient population and target site selection.
“Based on the results of our formerly declared positive interim analysis, this outcome was unpredictable,” said Dr. Andrew Finn, Executive Vice President of Product Development. “The interim analysis data showed a difference contrast to placebo of -0.94 with a standard deviation of 2.2 which was close to our study assumption of -1.0 and 1.8, respectively, and very similar to the preceding Phase 2 study conducted by our licensor Arcion.”
BioDelivery Sciences International, Inc., a specialty pharmaceutical corporation, engages in the development and commercialization of pharmaceutical products principally in the areas of pain administration and addiction.
Hudson Pacific Properties Inc (NYSE:HPP)’s shares dropped -4.13%, and settled at $31.78, during the last trading session on Thursday, as Hudson Pacific Properties Inc (HPP), declared the pricing of an underwritten public offering of 5,250,000 shares of its ordinary stock by certain funds associated with Farallon Capital Administration, L.L.C. following an effective shelf registration statement formerly filed with the Securities and Exchange Commission. The offering is predictable to close on April 10, 2015, subject to customary closing conditions. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 787,500 shares of ordinary stock. The Corporation will not receive any of the proceeds from the offering.
Hudson Pacific Properties, Inc. operates as a vertically integrated real estate trust (REIT) in the United States. It engages in owning, operating, and acquiring office, and media and entertainment properties primarily in Northern and Southern California in Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley, and the East Bay.
At the end of Thursday’s trade, NOW Inc (NYSE:DNOW)’s shares dipped -3.99%, and closed at $22.15, formerly on March 24, NOW Inc (DNOW), has planned a conference call to talk about the results for the first quarter of 2015 on Thursday, May 7, 2015 at 8:00 am (US Central Time). Financial results for the first quarter of 2015 are predictable to be released that morning before the market opens.
NOW Inc. distributes energy and industrial products in the United States, Canada, and internationally. It offers consumable maintenance, repair, and operating supplies; and pipes, valves, fittings, flanges, electrical products, artificial lift solutions, mill tools, safety supplies, and spare parts, in addition to provides application systems and parts integration, optimization solutions, and after-sales support services.
LPL Financial Holdings Inc (NASDAQ:LPLA), ended its Thursday’s trading session with -3.84% loss, and closed at $41.72, as LPL Financial Holdings Inc (LPLA), parent corporation of independent broker-dealer LPL Financial LLC (“LPL Financial”), declared it will report its first quarter 2015 financial results before the market opens on Thursday, Apr. 30, 2015. The Corporation will also hold a conference call to talk about results at 8 a.m. EDT that day.
LPL Financial Holdings Inc., together with its auxiliaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings comprise variable and fixed annuities, mutual funds, equities, retirement and 529 education savings plans, fixed revenue products, and alternative investments; and insurance offerings comprise personalized advance case design, point-of-sale service, and product support for a range of life, disability, and long-term care products.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
