Amgen Set to Possibly Rebound After Yesterday's Selloff of 1.78%
Comtex SmarTrend(R) - Tue Jul 15, 3:50PM CDT
Amgen (NASDAQ:AMGN) traded in a range yesterday that spanned from a low of $116.57 to a high of $119.47. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $117.88 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of Amgen After 1.78% Loss
Comtex SmarTrend(R) - Tue Jul 15, 3:49PM CDT
Amgen (NASDAQ:AMGN) traded in a range yesterday that spanned from a low of $116.57 to a high of $119.47. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $117.88 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Midday Glance: Biotechnology companies
AP - Tue Jul 15, 12:20PM CDT
NEW YORK (AP) — Shares of some top biotechnology companies are down at 1 p.m.:
Esophageal Cancer Therapeutic Pipeline Review, H1 2014
M2 - Tue Jul 15, 11:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/j6z3g6/esophageal_cancer) has announced the addition of the "Esophageal Cancer - Pipeline Review, H1 2014" report to their offering. This report provides comprehensive information on the therapeutic development for Esophageal Cancer, complete with comparative analysis at various stages, therapeutics assessment by drug target, mechanism of action (MoA), route of administration (RoA) and molecule type, along with latest updates, and featured news and press releases. It also reviews key players involved in the therapeutic development for Esophageal Cancer and special features on late-stage and discontinued projects. The report enhances decision making capabilities and help to create effective counter strategies to gain competitive advantage. It strengthens R&D pipelines by identifying new targets and MOAs to produce first-in-class and best-in-class products. Scope - The report provides a snapshot of the global therapeutic landscape of Esophageal Cancer - The report reviews key pipeline products under drug profile section which includes, product description, MoA and R&D brief, licensing and collaboration details & other developmental activities - The report reviews key players involved in the therapeutics development for Esophageal Cancer and enlists all their major and minor projects - The report summarizes all the dormant and discontinued pipeline projects - A review of the Esophageal Cancer products under development by companies and universities/research institutes based on information derived from company and industry-specific sources - Pipeline products coverage based on various stages of development ranging from pre-registration till discovery and undisclosed stages - A detailed assessment of monotherapy and combination therapy pipeline projects - Coverage of the Esophageal Cancer pipeline on the basis of target, MoA, route of administration and molecule type - Latest news and deals relating related to pipeline products Companies Mentioned - Bristol-Myers Squibb Company - Boehringer Ingelheim GmbH - Amgen Inc. - GlaxoSmithKline plc - Gilead Sciences, Inc. - Daiichi Sankyo Company, Limited - Novartis AG - Ono Pharmaceutical Co., Ltd. - CTI BioPharma Corp. - Genmab A/S - Advaxis, Inc. - Immunomedics, Inc. - Takara Bio Inc. - Synta Pharmaceuticals Corp. - Transgene Biotek Limited - Supratek Pharma Inc. - Glycotope GmbH - Hutchison MediPharma Limited - Advantagene, Inc. - CerRx, Inc. - Cerulean Pharma, Inc. - MacroGenics, Inc. - Merrimack Pharmaceuticals, Inc. - Omnitura Therapeutics Inc. - Omeros Corporation - Oncolys BioPharma Inc. - ImmunoFrontier, Inc. - Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co., Ltd. - Mebiopharm Co., Ltd. - Kite Pharma, Inc For more information visit http://www.researchandmarkets.com/research/j6...eal_cancer
Amgen (AMGN) Roof Leaking Today
at The Street - Tue Jul 15, 10:21AM CDT
Trade-Ideas LLC identified Amgen (AMGN) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate
Early Glance: Biotechnology companies
AP - Tue Jul 15, 9:56AM CDT
NEW YORK (AP) — Shares of some top biotechnology companies are mixed at 10 a.m.:
Critical Alerts For Citigroup, BlackBerry, RF Micro Devices, Amgen, and Microsoft Released By InvestorsObserver
PR Newswire - Tue Jul 15, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for C, BBRY, RFMD, AMGN, and MSFT.
Cytokinetics Up on Positive Tirasemtiv Data - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 14, 4:00PM CDT
Cytokinetics Incorporated's (CYTK) shares jumped over 7% on Jul 11 after it announced that additional results from the BENEFIT-ALS study.
Novartis' Phase III Results on Secukinumab Published - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 11:00AM CDT
Novartis (NVS) announced that results from two pivotal phase III studies on pipeline candidate, secukinumab (AIN457), were published in the New England Journal of Medicine (NEJM).
14 Insanely Important Biotech/Drug Trading Catalysts for the Rest of 2014
at The Street - Thu Jul 10, 10:54AM CDT
Healthcare investors (and traders) have had a lot to work with so far this year, and the next six months promises to be equally action packed.
Celgene Drug Otezla Fails Trial, But Street Sanguine
at Investor's Business Daily - Wed Jul 09, 10:52AM CDT
Big-cap biotech Celgene (CELG) reported Wednesday that its drug Otezla failed a trial for an inflammatory spinal disease, but the stock rebounded from an early drop as analysts said the news wasn't a surprise. The phase three study looked at Otezla...
Biotech Stock Roundup: Regado Plunges on Study Update, Jazz Gains on Product Acquisition Deal - Analyst Blog
Arpita Dutt - Zacks Investment Research - Wed Jul 09, 8:15AM CDT
Regado was a big loser last week with the company announcing that an unplanned data review by a Data Safety Monitoring Board (DSMB) is being conducted for a late-stage study on lead pipeline candidate.
Biotech Stocks Highlight -- Research on Celgene, Inovio Pharma, Amgen, and Array BioPharma
PR Newswire - Wed Jul 09, 5:40AM CDT
On Tuesday, July 08, 2014, the NASDAQ Composite ended at 4,391.46, down 1.35%, the Dow Jones Industrial Average finished the day 0.69% lower at 16,906.62, and the S&P 500 closed at 1,963.71, down 0.70%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 709.36, down 0.92%, while the index has advanced 2.11% in the last one month. Investor-Edge has initiated coverage on the following equities: Celgene Corp. (NASDAQ: CELG), Inovio Pharmaceuticals Inc. (NYSE MKT: INO), Amgen Inc. (NASDAQ: AMGN) and Array BioPharma Inc. (NASDAQ: ARRY). Free technical research on CELG, INO, AMGN and ARRY can be downloaded upon signing up at:
Alexion Pharma Looks To Life Beyond Its Blockbuster
at Investor's Business Daily - Tue Jul 08, 1:42PM CDT
Like a rock band's second album, a biotech's second drug can say a lot about its long-term prospects. Alexion Pharmaceuticals (ALXN) is about to face this test. The 22-year-old firm has become a big-cap and a perennial on the IBD 50 list of top-rated...