Stock Market Movers On FDA’s Decision (BSX, MNKD, IPXL, GENZ, MRK, ISIS)
Stock Movers
(EMAILWIRE.COM, March 15, 2010 ) Dallas, Tx - Boston Scientific Corporation (NYSE:BSX) plunged 19% to $6.33 after making a fresh 52-week low of $6.31 earlier in the session. Today, the marketer of medical devices announced today that it has stopped shipment and is retrieving field inventory of all its implantable cardioverter defibrillators and cardiac resynchronization therapy defibrillators.
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MannKind Corporation (NASDAQ:MNKD) shares slumped 13.65% to $9.03 after U.S. regulators have requested more information on an inhaled insulin device being developed by MannKind Corp, the company said on Monday.
Impax Laboratories, Inc. (NASDAQ:IPXL) surged 2.50% to $16.90 after Impax Laboratoriestoday confirms that it has initiated a challenge of the patent listed by Abbott Laboratories (NYSE: ABT) and Fournier Laboratories Ireland Ltd. in connection with its TRILIPIX (choline fenofibrate) delayed-release capsules, 135 mg and 45 mg.
Genzyme Corporation (NASDAQ:GENZ) rose 0.10% and ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) surged 2.50% to $9.92 after both the companies today announced that data from a phase 3 study of mipomersen in patients with homozygous familial hypercholesterolemia (hoFH) were published in The Lancet. This study met its primary endpoint, resulting in an average LDL-C reduction of greater than 100 mg/dL in this very high-risk patient population.
Merck & Co., Inc. (NYSE:MRK) rose 0.45% to $37.32 after Portola Pharmaceuticals and Merck (NYSE: MRK) today announced the results of EXPLORE-Xa, a Phase 2 exploratory, dose finding study of betrixaban, an investigational oral direct Factor Xa inhibitor.
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MannKind Corporation (NASDAQ:MNKD) shares slumped 13.65% to $9.03 after U.S. regulators have requested more information on an inhaled insulin device being developed by MannKind Corp, the company said on Monday.
Impax Laboratories, Inc. (NASDAQ:IPXL) surged 2.50% to $16.90 after Impax Laboratoriestoday confirms that it has initiated a challenge of the patent listed by Abbott Laboratories (NYSE: ABT) and Fournier Laboratories Ireland Ltd. in connection with its TRILIPIX (choline fenofibrate) delayed-release capsules, 135 mg and 45 mg.
Genzyme Corporation (NASDAQ:GENZ) rose 0.10% and ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) surged 2.50% to $9.92 after both the companies today announced that data from a phase 3 study of mipomersen in patients with homozygous familial hypercholesterolemia (hoFH) were published in The Lancet. This study met its primary endpoint, resulting in an average LDL-C reduction of greater than 100 mg/dL in this very high-risk patient population.
Merck & Co., Inc. (NYSE:MRK) rose 0.45% to $37.32 after Portola Pharmaceuticals and Merck (NYSE: MRK) today announced the results of EXPLORE-Xa, a Phase 2 exploratory, dose finding study of betrixaban, an investigational oral direct Factor Xa inhibitor.
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Super Hot Penny Stocks alerts its members through its stock newsletters so that they can invest wisely. Thousands of investors receive our daily stock alerts and have made huge gains in the best penny stocks. You can also take advantage of the information provided, to be really successful in the stock market business. We also track various hot stocks of the day, top gainers,52 week high and much more. You can also feature your web link on our website by contacting us through email.
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Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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