Zafgen Inc(NASDAQ:ZFGN)’s stock gained 7% to $25.84. The company on Dec. 15 announced that the Company has initiated a Phase 2b clinical trial with its lead product candidate, beloranib, in the treatment of patients with both severe obesity and type 2 diabetes.
Should Investors Buy ZFGN After The Recent Development? Find Out Here
The trial is a randomized, double-blind, placebo-controlled design in severely obese adults with a BMI between 30 and 60 kg/m2, and type 2 diabetes. The trial will aim to demonstrate weight loss over a 6 — 12 month period, along with improvements in glycemic control, and is expected to enroll 150 patients at approximately 15 sites across Australia.
Five Prime Therapeutics, Inc. (NASDAQ:FPRX)’s stock climbed 6.63% to $25.89. The company on Dec. 4 announced that the company has initiated dosing in its Phase 1 clinical trial of FPA144, an anti-FGF receptor 2b antibody. FPA144 is designed to inhibit tumor growth by preventing the binding of certain fibroblast growth factors to FGF receptor 2b (FGFR2b) and directly kill tumor cells in a process called antibody-dependent cell-mediated cytotoxicity (ADCC). FPA144 is being developed initially as a monotherapy for refractory gastric cancer, a significant unmet medical need that may warrant an accelerated development and registration path.
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Puma Biotechnology, Inc. (NYSE:PBYI)’s stock jumped 6.06% to $221.30. Law Offices of Howard G. Smith on Dec. 19 announces that it is investigating potential claims on behalf of investors of Puma Biotechnology, Inc. (“Puma” or the “Company”) (PBYI) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning Puma’s operations and financial prospects.
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The investigation is related to the Company’s December 2, 2014, announcement that its initial New Drug Application (NDA) filing with the U.S. Food and Drug Administration will now be for the early-stage breast cancer indication, and that Puma intends to delay its proposed timeline for filing its NDA until the first quarter of 2016.
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]]>Zafgen Inc(NASDAQ:ZFGN)’s stock gained 9.18% to $23.66. The company on Dec. 15 announced that the Company has initiated a Phase 2b clinical trial with its lead product candidate, beloranib, in the treatment of patients with both severe obesity and type 2 diabetes.
Should Investors Buy ZFGN After The Recent Development? Find Out Here
The trial is a randomized, double-blind, placebo-controlled design in severely obese adults with a BMI between 30 and 60 kg/m2, and type 2 diabetes. The trial will aim to demonstrate weight loss over a 6 — 12 month period, along with improvements in glycemic control, and is expected to enroll 150 patients at approximately 15 sites across Australia.
ImmunoGen, Inc. (NASDAQ:IMGN)’s shares increased 9.10% to $10.73. The company announced that Daniel Junius, President and CEO, will present at the upcoming 33rd Annual J.P. Morgan Healthcare Conference in San Francisco. The presentation is scheduled for 9:00 am PT (12:00 pm ET) on January 13, 2015.
Is IMGN Going To Rise or Fall After Today’s Price Action? Find Out Here
Additionally, the company on Dec. 6 announced the presentation of encouraging clinical findings with its IMGN529 experimental therapy for B-cell malignancies at the American Society of Hematology (ASH) annual meeting (abstract #1760). These include objective responses at doses that were generally well tolerated.
BioTime, Inc. (NYSEMKT:BTX)’s stock climbed 9.06% to $3.49. The company on Dec. 15 announced that its subsidiary ES Cell International Pte. Ltd. (“ESI”) and GE Healthcare (GEHC) have signed a set of license agreements through which GEHC received rights to ESI’s stem cell patents and ESI received rights to stem cell patents controlled by GEHC, in both cases for the development of cellular assays and models derived from stem cells for use in drug discovery and toxicity screening. In addition, the agreements give GEHC the right to grant sub-licenses to the ESI patent portfolio and, in certain circumstances, ESI may further sublicense its rights for the purpose of marketing stem cell-derived products. Financial terms were not disclosed.
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thenextbigtrade.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. thenextbigtrade.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed “informational edge” which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
Disclaimer
The assembled information disseminated by thenextbigtrade.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. thenextbigtrade.com does expect that investors will buy and sell securities based on information assembled and presented in thenextbigtrade.com. PLEASE always do your own due diligence, and consult your financial advisor.
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