NEW YORK, February 3, 2017 /PRNewswire/ --
Stock-Callers.com is currently assessing the performances of four majorplayers in the Drug Manufacturers space: Provectus Biopharmaceuticals Inc. (NYSE MKT: PVCT), TherapeuticsMD Inc. (NYSE MKT: TXMD), Novartis AG (NYSE: NVS), and Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP). These are companies that belong to the
At the close of trading on Thursday, shares in Knoxville, Tennessee-based Provectus Biopharmaceuticals Inc. ended flat at $0.02 with a total trading volume of 531,389 shares. The stock is trading below its 50-day moving average by 8.46%. Shares of the Company, which engages in developing ethical pharmaceuticals for oncology and dermatology indications, have a Relative Strength Index (RSI) of 49.53.
On January 31st, 2017, Provectus Biopharma announced that it has commenced a rights offering, pursuant to which the Company is issuing subscription rights to purchase units to (i) the Company's existing common stockholders and to (ii) holders of the Company's class of warrants with an exercise price of $0.85 per share expiring June 19th, 2020. Holders will receive one subscription right for each 20 shares of common stock and each 20 Listed Warrants held as of January 26, 2017. Each Right will entitle Holders to purchase one Unit at a subscription price of $1.00 per Unit. Each Unit consists of four shares of common stock and one-half a share of Series C Convertible Preferred Stock. Access our complete research report on PVCT for free at:
Shares in Boca Raton, Florida headquartered TherapeuticsMD Inc. ended the day 1.03% higher at $5.88 with a total trading volume of 2.33 million shares. In the previous three months and since the start of this year, the stock has gained 6.52% and 1.91%, respectively. The Company's shares are trading below their 50-day moving average by 2.67%. Furthermore, shares of TherapeuticsMD, which operates as a women's health care product company, have an RSI of 51.47.
On January 11th, 2017, TherapeuticsMD announced the publication of two manuscripts detailing results of its phase-3 Rejoice Trial in Menopause. The Rejoice Trial is the pivotal phase-3 study of TX-004HR, an investigational bio-identical 17?-estradiol vaginal softgel capsule, for the treatment of moderate-to-severe vaginal pain during sexual intercourse (dyspareunia), a symptom of vulvar vaginal atrophy in postmenopausal women. The complimentary research report on TXMD can be downloaded at:
On Thursday, shares in Basel, Switzerland headquartered Novartis AG finished 0.46% lower at $73.08. A total volume of 4.21 million shares was traded, which was above their three months average volume of 3.57 million shares. The stock has advanced 0.34% in the last one month, 2.42% over the previous three months, and 0.33% on an YTD basis. The Company's shares are trading above their 50-day moving average by 2.75%. Additionally, shares of Novartis, which researches, develops, manufactures, and markets a range of healthcare products worldwide, have an RSI of 58.22.
On January 11th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On January 31st, 2017, Novartis announced that the European Commission has approved Votubia® dispersible tablets as an adjunctive treatment for patients aged two years and older whose refractory partial-onset seizures, with or without secondary generalization, are associated with tuberous sclerosis complex (TSC). Votubia is now the first approved pharmacologic therapy in all 28 member states of the European Union, plus Iceland and Norway, specifically for the treatment of refractory partial-onset seizures associated with TSC. Register for free on Stock-Callers.com and get access to the latest PDF format report on NVS at
New York-based Tonix Pharmaceuticals Holding Corp.'s shares recorded a trading volume of 969,397 shares at the end of yesterday's session. The stock closed the day 5.16% higher at $0.53. The Company's shares have advanced 3.92% in the last one month, 23.83% in the previous three months, and 12.74% on an YTD basis. The stock is trading above its 50-day moving average by 9.55%. Additionally, shares of Tonix Pharmaceuticals Holding, which develops medicines for common disorders of the central nervous system, have an RSI of 51.46.
On January 10th, 2017, Tonix Pharma announced details of its product pipeline and stated that it is developing TNX-601 as a first line PTSD monotherapy. TNX-601 is a novel oral formulation of tianeptine designed for daytime dosing. TNX-601 is at the pre-IND (Investigational New Drug) stage of development. The Company is also developing TNX-801 (live virus vaccine) as a potential smallpox-preventing vaccine for the national stockpile and potentially for widespread immunization. Download your free research report on TNXP at:
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