Investorideas.com - NASDAQ Biotech Market Gainers; (NASDAQ:BPAX), (NASDAQ: CELG), (NASDAQ: GILD) Stocks to Watch
NASDAQ Biotechnology Index Up
Point Roberts, WA –November 2, 2010 (Investorideas.com Newswire and www.biotechindustrystocks.com) - InvestorIdeas.com, a leader in sector research tools for investors, features a Biotech /Pharma Sector Trading Snapshot featuring some of the NASDAQ’s market gainers in today’s trading.. Gilead Sciences Inc. (NASDAQ: GILD is currently trading at $40.29, up 0.05 (0.10%) on over 3.5 million shares.
Biotech /Pharma Sector Trading Snapshot: (as of time of release November 2nd)
BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) trading at $1.52, up 0.02 (1.33%)
Celgene Corporation (NASDAQ: CELG) trading at $62.95, up 1.05 (31.70%)
Gilead Sciences Inc. (NASDAQ: GILD) trading at $ 40.29, up 0.05 (0.10%) on over 3,511,673 million shares
NASDAQ Biotechnology Index
Index Value Net Change High Low
927.10 3.15+ 931.30 923.
Dow 11,201.59 +76.97 +0.69%
Nasdaq 2,529.10 +24.26 +0.97%
S&P 500 1,193.75 +9.37 +0.79%
10 Yr Bond(%) 2.5940% -0.0340
Oil 84.25 +1.30 +1.57%
Gold 1,355.80 +5.60 +0.41%
Biotech/Pharma Stocks Recent News;
BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) Investor Fact Sheet update and News:
BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) Reports Positive LibiGel® Data Monitoring Committee Recommendation
No safety issues observed, study to continue as per protocol without modifications
LINCOLNSHIRE, Ill. - October 25, 2010 (Investorideas.com newswire) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced that the Phase III LibiGel (testosterone gel) cardiovascular and breast cancer safety study will continue without modifications and will continue to enroll new subjects as a result of the fourth unblinded review of adverse events and the first unblinded statistical analysis for sample-size determination by its independent Data Monitoring Committee (DMC). The review and statistical analysis were based on 2,500 subjects who have been enrolled in the study. LibiGel is in development for the treatment of female sexual dysfunction (FSD), specifically, hypoactive sexual desire disorder (HSDD) in menopausal women, for which there is currently no FDA approved product.
Full news: http://www.investorideas.com/CO/BPAX/news/10252.asp
Full Media Kit at: http://www.biosantepharma.com/downloads/BioSante-Fact-Sheet.pdf
• At September 30, 2010, BioSante had approximately $36M in cash
• Monthly burn rate of approximately $3.5M
• Financial resources to implement plan
• Late stage pharmaceutical product portfolio with significant growth potential
• LibiGel in three ongoing Phase III safety and efficacy clinical studies
• Elestrin is FDA approved and marketed in the U.S.
• Proprietary cancer vaccines in Phase II clinical trials
• Focused growth strategy
• Management’s proven ability to gain FDA approval, implement plans and increase stockholder value
More news - Visit the BPAX showcase profile at Investorideas.com
Disclosure, Disclaimer/ BPAX is a paid advertising client on Investorideas.com
Gilead Sciences Inc. (NASDAQ: GILD) News:
Viread® for Hepatitis B Maintains Antiviral Suppression with No Development of Resistance Through Four Years of Treatment
“Gilead Sciences, Inc. today announced new data from the open-label phase of two pivotal Phase III clinical trials (Studies 102 and 103) evaluating the four-year efficacy of Viread® (tenofovir disoproxil fumarate) for the treatment of chronic hepatitis B virus (HBV) infection. Significantly, no resistance to Viread emerged over 192 weeks of treatment, and 10.8 percent of patients receiving Viread in Study 103 (HBeAg-positive) for four years experienced surface, or “s”, antigen (HBsAg) loss, which is a marker of the resolution of chronic HBV infection. Additional data from these studies and from Study 106 show the durable antiviral efficacy of Viread among several key patient subpopulations, including patients with high baseline viral levels, individuals of Asian descent and treatment-experienced patients. These findings are being presented at the 61st annual meeting of the American Association for the Study of Liver Diseases (The Liver Meeting 2010) in Boston.”
Full Article: http://finance.yahoo.com/news/Viread-for-Hepatitis-B-bw-2871028130.html?x=0&.v=1
About Gilead Sciences, Inc:
Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company’s mission is to advance the care of patients suffering from life-threatening diseases worldwide. Headquartered in Foster City, California, Gilead has operations in North America, Europe and Australia.
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