05.09.2017 12:20:00
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Technical Snapshots for These Generic Drugs Stocks -- Catalyst Pharma, Flexion Therapeutics, Supernus Pharma, and Lannett
NEW YORK, September 5, 2017 /PRNewswire/ --
If you want a Stock Review on CPRX, FLXN, SUPN, or LCI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com shifts focus on Catalyst Pharmaceuticals Inc. (NASDAQ: CPRX), Flexion Therapeutics Inc. (NASDAQ: FLXN), Supernus Pharmaceuticals Inc. (NASDAQ: SUPN), and Lannett Co. Inc. (NYSE: LCI). According to a Research and Markets report, the US is the biggest generic drugs market in the world. In fact, nearly 80% of the prescriptions written in the US are for generic drugs. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
http://dailystocktracker.com/register/
Catalyst Pharmaceuticals
Florida-based Catalyst Pharmaceuticals Inc.'s stock finished last Friday's session 4.73% lower at $2.62. A total volume of 1.15 million shares was traded, which was above their three months average volume of 929,070 shares. The Company's shares have advanced 10.08% over the previous three months and 149.52% since the start of this year. The stock is trading above its 200-day moving average by 41.89%. Additionally, shares of Catalyst Pharma, which focuses on the development and commercialization of therapies for people with rare debilitating diseases, have a Relative Strength Index (RSI) of 40.58.
On August 30th, 2017, Catalyst Pharma provided an update on the status of its Firdapse® (amifampridine phosphate) development activities. Patrick J. McEnany, CEO, stated: "We are pleased to report that we have reached an agreement with the FDA under a Special Protocol Assessment for the trial design, clinical endpoints and statistical analysis approach for our Phase 3 clinical trial evaluating Firdapse for the treatment of patients with MuSK antibody positive Myasthenia Gravis (MuSK-MG)." Visit us today and access your complete report on CPRX for free at:
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Flexion Therapeutics
On Friday, shares in Massachusetts headquartered Flexion Therapeutics Inc. ended the session 6.23% lower at $24.10. The stock recorded a trading volume of 831,067 shares, which was higher than its three months average volume of 542,560 shares. The Company's shares have gained 9.50% in the last one month, 40.44% in the previous three months, and 26.71% on an YTD basis. The stock is trading 5.79% above its 50-day moving average and 15.62% above its 200-day moving average. Moreover, shares of Flexion Therapeutics have an RSI of 54.81.
On August 24th, 2017, research firm Northland Capital initiated an 'Outperform' rating on the Company's stock.
On August 30th, 2017, Flexion Therapeutics announced that Michael Clayman, M.D., President and CEO, will participate in an analyst-led fireside chat at the 2017 Wells Fargo Healthcare Conference on September 06th, 2017, at 9:40am ET at the Westin Waterfront Hotel in Boston, Mass. The live webcast and subsequent archived recording of the presentation may be accessed on the Company's website. The complimentary research report on FLXN can be accessed at:
http://dailystocktracker.com/registration/?symbol=FLXN
Supernus Pharmaceuticals
Maryland-based Supernus Pharmaceuticals Inc.'s ("SUPN") shares jumped 3.49%, closing the session at $47.40. A total volume of 787,660 shares was traded, which was above their three months average volume of 635,840 shares. The stock has surged 13.67% in the last one month, 21.38% over the previous three months, and 87.72% on an YTD basis. The Company's shares are trading 10.16% and 45.80% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Supernus Pharma have an RSI of 63.57.
On August 15th, 2017, SUPN announced that, following a four-day bench trial, the US District Court for the District of New Jersey ruled that TWi Pharmaceuticals, Inc. and its subsidiary infringed US Patent Nos. 7,722,898, 7,910,131, and 8,821,930 by submitting to the FDA an Abbreviated New Drug Application seeking permission to market a generic version of Oxtellar XR® before the expiration of SUPN's patents. The District Court ruling also confirmed the validity of US Patent Nos. 7,722,898, 7,910,131, and 8,821,930. Register for free on DailyStockTracker.com and download the research report on SUPN at: http://dailystocktracker.com/registration/?symbol=SUPN
Lannett
Last Friday at the close, shares in Pennsylvania-based Lannett Co. Inc. recorded a trading volume of 365,971 shares. The stock ended the session 0.85% higher at $17.70. The Company's shares have advanced 2.61% in the past month. The stock is trading below its 50-day moving average by 6.57%. Furthermore, shares of Lannett, which develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the US, have an RSI of 53.20.
On August 23rd, 2017, Lannett reported financial results for its Q4 FY17 ended June 30th, 2017. For Q4 FY17, total net sales were $139.1 million and gross profit was $58.9 million. For the quarter, R&D expenses were $11.4 million; SG&A expenses were $16.5 million; acquisition and integration-related expenses were $0.3 million; and restructuring expenses were $1.8 million. Get free access to your research report on LCI at:
http://dailystocktracker.com/registration/?symbol=LCI
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Catalyst Pharmaceutical Partners Inc. | 20,32 | -0,59% | |
Supernus Pharmaceuticals Inc | 34,20 | -1,16% |