Investorideas.com Newswire

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Wednesday, December 7, 2011

Tuesday's Biotech/ Pharma Stocks to Watch; (NASDAQ:PPHM), (NASDAQ:BPAX), (NASDAQ:ONTY), (NASDAQ:CTIC)

Point Roberts, WA - December 7, 2011 - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues an investor alert for some of the top trading stocks in the sector for Tuesday, December 06, 2011.
Peregrine Pharmaceuticals (NASDAQ:PPHM) was the biggest percentage gainer and soared 0.21 (21.02%) to $1.21 after news that Peregrine Pharmaceuticals Inc's experimental lung cancer therapy reduced more tumors than standard treatment in a mid-stage study.
BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) ended flat at $2.56 on high volume of 1.52 million shares. The stock has gained above 15% over the past week. The stock was featured at The Street.com in a video - The Next Big Things In Biotech: Biosante. Several analysts and newsletters are watching Biosante stock as catalysts that can move it higher come into play in December. BioSante's lead products include LibiGel ® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD), specifically hypoactive sexual desire disorder (HSDD), which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment (SPA).
Oncothyreon Inc.(NASDAQ:ONTY) traded higher by 1.02 (14.29%) and closed at $8.16 after gaining over about 4% in the previous trading session on news that Bob Kirkman, the CEO of the company took an unexplained medical leave from the company back in September. The company said at the time he'd return for the fourth quarter of 2011; he's back on the job as CEO.
Cell Therapeutics, Inc.(NASDAQ:CTIC) moved higher by 13.04% to $1.30 following news the company announced that the U.S. Food and Drug Administration's Division of Oncology Products 1 has notified CTI that CTI's October 2011 resubmitted New Drug Application ("NDA") is considered complete.
Cyclacel Pharmaceuticals Inc. (NASDAQ:CYCC) climbed 0.83 (7.79%) to $083 on high volume. In the pre-market session, the stock added another 12% after the company provided update on clinical progress with sapacitabine in solid tumors including activity in BRCA mutation-positive patients.
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