09.03.2017 13:20:00
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Research Reports Initiation on Biotech Stocks -- Alnylam Pharma, INSYS Therapeutics, Curis, and GenVec
NEW YORK, March 9, 2017 /PRNewswire/ --
For today, Stock-Callers.com features the following Biotech stocks: Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY), INSYS Therapeutics Inc. (NASDAQ: INSY), Curis Inc. (NASDAQ: CRIS), and GenVec Inc. (NASDAQ: GNVC). These companies operate in the Healthcare sector, which ended moderately higher on Wednesday, March 08th, 2017, with the NYSE Health Care Index rising about 0.1%, while shares of health care companies in the S&P 500 were up about 0.4% as a group. Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
Alnylam Pharma
Cambridge, Massachusetts headquartered Alnylam Pharmaceuticals Inc.'s stock finished Wednesday's session 4.61% higher at $52.24 with a total trading volume of 932,253 shares. The Company's shares have advanced 21.46% in the past month, 26.67% over the previous three months, and 39.53% on an YTD basis. The stock is trading above its 50-day moving average by 21.51%. Furthermore, shares of Alnylam Pharma, which discovers, develops, and commercializes novel therapeutics based on RNA interference, have a Relative Strength Index (RSI) of 66.84.
On February 09th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $98 a share to $68 a share.
On March 01st, 2017, Alnylam Pharmaceuticals announced that the European Medicines Agency (EMA) has granted access to its Priority Medicines (PRIME) scheme for givosiran (ALN-AS1), an investigational RNAi therapeutic targeting aminolevulinic acid synthase 1 (ALAS1) for the treatment of acute hepatic porphyrias. The purpose of the PRIME initiative is to bring treatments to patients faster by enhancing the EMA's support for the development of medicines for diseases where there is an unmet medical need and where early clinical data show potential to benefit patients. The free research report on ALNY is available at:
http://stock-callers.com/registration/?symbol=ALNY
INSYS Therapeutics
Shares in Chandler, Arizona headquartered INSYS Therapeutics Inc. ended at $11.07, up 1.28% from the last trading session. The stock recorded a trading volume of 1.16 million shares. The Company's shares have gained 8.64% in the last one month and 20.33% since the start of this year. The stock is trading 5.60% above its 50-day moving average. Moreover, shares of INSYS Therapeutics, which develops and commercializes supportive care products, have an RSI of 48.46.
On March 02nd, 2017, Insys Therapeutics announced that the Company will release its financial results for Q4 and full year 2016 on March 16th, 2017, before the US financial markets open. Following the release of the financial results, Dr. Santosh Vetticaden, Interim CEO, and Chief Medical Officer, and Darryl S. Baker, Chief Financial Officer, will host a conference call at 10:00 a.m. ET. The complimentary report on INSY can be downloaded at:
http://stock-callers.com/registration/?symbol=INSY
Curis
Lexington, Massachusetts headquartered Curis Inc.'s stock ended yesterday's session 4.94% higher at $2.55. A total volume of 590,256 shares was traded, which was above their three months average volume of 513,670 shares. The Company's shares are trading 7.15% above their 200-day moving average. Additionally, shares of Curis, which engages in the discovery and development of drug candidates for the treatment of human cancers, have an RSI of 46.96.
On March 07th, 2017, Curis announced that the Company will release its Q4 and year-end 2016 financial results on March 09th, 2017, before the US financial markets open. The Company's management will also host a conference call on the same day at 8:30 a.m. ET, to review its various pipeline programs, including CUDC-907, a dual HDAC/ PI3K inhibitor, CA-170, an oral small molecule antagonist of PD-L1/VISTA, and other molecules under collaboration with Aurigene, and its partnered program, Erivedge® (vismodegib) and also review its financial results as of and for Q4 and year ended December 31st, 2016. Visit us today and download our complete research report on CRIS for free at:
http://stock-callers.com/registration/?symbol=CRIS
GenVec
On Wednesday, shares in Gaithersburg, Maryland-based GenVec Inc. recorded a trading volume of 39,011 shares. The stock finished 2.60% higher at $6.71. The Company's shares have advanced 4.52% in the last one month, 126.69% in the previous three months, and 109.03% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 15.28% and 29.09%, respectively. Furthermore, shares of GenVec, which focuses on developing a pipeline of therapeutics and vaccines through its proprietary AdenoVerse gene delivery platform in the US, have an RSI of 55.71.
On January 24th, 2017, Intrexon Corporation announced that it has entered into a definitive agreement to acquire GenVec, a clinical-stage Company and pioneer in the development of AdenoVerse™ gene delivery technology. Intrexon intends to integrate and expand upon GenVec's expertise in adenoviral vectors and cGMP drug product manufacturing to enhance its broad gene transfer capabilities that encompass multiple viral and non-viral platforms. Get free access to your technical report on GNVC at:
http://stock-callers.com/registration/?symbol=GNVC
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