NEW YORK, April 27, 2017 /PRNewswire/ --
Research reports have been issued by Stock-Callers.com on Ultragenyx PharmaceuticalInc. (NASDAQ: RARE), Chimerix Inc. (NASDAQ: CMRX), Coherus Biosciences Inc. (NASDAQ: CHRS), and Omeros Corp. (NASDAQ: OMER). These companies belong to the Biotechnology industry, which is focused on novel drug development and clinical research aimed
Novato, California headquartered Ultragenyx Pharmaceutical Inc.'s stock finished Wednesday's session 1.02% higher at $65.68 with a total trading volume of 353,556 shares. The stock is trading below their 200-day moving average by 6.13%. Shares of the Company, which focuses on the identification, acquisition, development, and commercialization of various products for the treatment of rare and ultra-rare genetic diseases in the US, have a Relative Strength Index (RSI) of 48.98.
On April 18th, 2017, Ultragenyx Pharmaceutical, Kyowa Hakko Kirin Co., Ltd, and Kyowa Kirin International PLC announced positive 24-week data from the randomized, double-blind, placebo-controlled Phase 3 study of burosumab (KRN23) in adults with X-linked hypophosphatemia. Patients treated with burosumab demonstrated a statistically significant improvement in serum phosphorus levels, with 94% of patients achieving normal levels compared to 8% on placebo.
On April 19th, 2017, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral' while revising its previous target price from $80 a share to $75 a share. Your complete research report on RARE can be retrieved for free at:
Shares in Durham, North Carolina headquartered Chimerix Inc. declined 0.16%, ending yesterday's session at $6.09 with a total trading volume of 254,563 shares. The stock has gained 14.26% in the previous three months and 32.39% on an YTD basis. The Company's shares are trading 1.17% above their 50-day moving average and 19.85% above their 200-day moving average. Moreover, shares of Chimerix, which discovers, develops, and commercializes medicines that address unmet medical needs in the US, have an RSI of 55.79.
On April 20th, 2017, Chimerix announced that it will host its annual investor update event on Thursday, April 27th, 2017, from 4:30 p.m. to 6:30 p.m. ET. Garrett Nichols, MD, MS, Chimerix's Chief Medical Officer, will provide details and timelines on the Company's planned AdAPT trial (Study 999) of short-course oral brincidofovir for the treatment of adenovirus infection. A free report on CMRX is just a click away at:
On Wednesday, Redwood City, California headquartered Coherus Biosciences Inc.'s stock closed flat at $20.15. A total volume of 368,006 shares was traded. The Company's shares are trading 7.04% below their 50-day moving average. Additionally, shares of Coherus Biosciences, which focuses on developing and commercializing biosimilar products worldwide, have an RSI of 50.18.
On April 25th, 2017, Coherus Biosciences announced that it completed the initial phases of the Biologics Price Competition and Innovation Act patent exchange procedure with Amgen for Coherus' Neulasta (pegfilgrastim) biosimilar candidate, CHS-1701. Of the two patents originally listed by Amgen in the process, the parties have reached agreement on a single patent for potential litigation, US patent 8,273,707 (the '707 patent), directed to a method for purifying the product. Sign up for your complimentary research report on CHRS at:
Shares in Seattle, Washington-based Omeros Corp. ended the day 2.26% higher at $16.29. A total volume of 464,632 shares was traded. The stock has gained 28.57% in the last one month, 71.11% in the previous three months, and 64.21% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 22.88% and 44.71%, respectively. Furthermore, shares of Omeros, which discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system, have an RSI of 62.24.
On March 30th, 2017, Omeros announced additional positive data from its Phase-2 clinical trial of OMS721 for the treatment of serious kidney disorders, which frequently lead to end-stage renal disease and dialysis. The clinical trial data include results from additional study patients treated with OMS721 as well as longer-term follow-up on earlier enrolled patients. The new data corroborate and expand on trial results reported in Q4 2016. Register for free on Stock-Callers.com and download the latest research report on OMER at:
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