Biotech Stock Movers (PPHM, YMI, HEB, DVAX, ACAD)

NEW YORK, September 18, 2012 (MESHPRESS) –  Beststocksdaily.com, an investment community with a  special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Peregrine Pharmaceuticals(NASDAQ PHM) shares jumped 5.81% and closed at $4.81 in the last trading session. The company announced that its management team will be meeting with investors to review its portfolio of novel drug candidates and the recent positive clinical data from the company’s Phase II trial in second-line non-small cell lung cancer, as part of the 3rd Annual Credit Suisse 2012 Small & Mid Cap Conference. The event will be held at The New York Palace Hotel in New York, New York, with management conducting meetings on Friday, September 21, 2012.

Additionally, equities research analysts at Roth Capital increased their price target on shares of Peregrine Pharmaceuticals from $5.00 to $9.00 in a research note issued to investors on Sept. 10.

Can PPHM Continue To Move Higher? Find Out Here

YM BioSciences Inc. (USA)(NYSEAMEX:YMI) shares climbed 5.06% and closed at $1.87 in the previous trading session. The 52 week trading range for the company is $1.03 – $2.46. The shares of the company declined 6% in the last one year. The company is a drug development company advancing a diverse portfolio of hematology and cancer-related products.

Can YMI Extend Rally? Find Out Here

Hemispherx BioPharma, Inc(NYSEAMEX:HEB) shares fell 4.79% and closed at $0.765 in yesterday’s session. The 52 week trading range for the company is $0.17 – $0.95. The shares of the company soared 125% in the last one year. The company is a specialty pharmaceutical engaged in the clinical development of new drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune based chronic disorders.

Can HEB Recover After The Recent fall? Find Out Here

Dynavax Technologies Corporation (NASDAQ VAX) stock jumped 4.84% and closed at $4.77 in the last trading session. The 52 week trading range for the company is $1.75 – $5.34. The shares of the company soared 95% in the last one year. The company is a clinical-stage biopharmaceutical company, discovers and develops products to prevent and treat infectious and inflammatory diseases.

How Should Investors Trade DVAX Now? Find Out Here

ACADIA Pharmaceuticals Inc.(NASDAQ:ACAD) stock jumped 4.72% and closed at $2.22 in the last trading session. The company last week said that it has completed enrollment of its latest Phase 3 Pimavanserin trial, dubbed the -020 study. Pimavanserin is an oral treatment for Parkinson’s Disease Psychosis, for which there is no FDA approved treatment available in the U.S.

How Should Investors React To ACAD Now? Find Out Here

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