Research Reports Coverage on Healthcare Stocks -- Novan, Acceleron Pharma, and Meridian Bioscience
NEW YORK, March 2, 2017 /PRNewswire/ --
Stock-Callers.com directs investors' attention today to the Healthcare sector which includes health care providers and services, health care equipment and supplies, and health care technology companies. Companies in this sector are involved in the research, development, production, and marketing of pharmaceuticals and biotechnology products. Equities under evaluation this morning are: Novan Inc. (NASDAQ: NOVN), Acceleron Pharma Inc. (NASDAQ: XLRN), and Meridian Bioscience Inc. (NASDAQ: VIVO). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration
On Wednesday, Durham, North Carolina headquartered Novan Inc.'s stock recorded a trading volume of 253,627 shares, and ended the session 4.59% higher at $5.92. The Company's shares have surged 34.55% in the last one month. The stock is trading 62.53% below its 50-day moving average. Moreover, shares of Novan, which focuses on the development and commercialization of nitric oxide-based therapies in dermatology, have a Relative Strength Index (RSI) of 33.73.
On March 01st, 2017, Novan announced that preclinical data demonstrating the anti-viral effects of its nitric oxide-releasing drug candidates will be presented at the 31st International Papillomavirus Conference in Cape Town, South Africa. Thomas Broker, Ph.D., and Louise Chow, Ph.D., both of the University of Alabama at Birmingham, or UAB, are scheduled to present "Antiviral Efficacy of Nitric Oxide-Releasing Drug Candidates in Suppressing Productive Infection by HPV-18 in the Organotypic Epithelial Raft Culture Model System" on March 02nd, 2017. Drs. Broker and Chow are professors in the Department of Biochemistry and Molecular Genetics at UAB's School of Medicine. Your complete research report on NOVN can be retrieved for free at: http://stock-callers.com/registration/?symbol=NOVN
Cambridge, Massachusetts headquartered Acceleron Pharma Inc.'s stock closed the day 7.37% higher at $28.69. A total volume of 778,029 shares was traded, which was above their three months average volume of 410,520 shares. The Company's shares have advanced 22.40% in the past month and 12.42% on an YTD basis. The stock is trading 11.46% above its 50-day moving average. Additionally, shares of Acceleron Pharma, which focuses on the discovery, development, and commercialization of protein therapeutics for cancer and rare diseases, have an RSI of 68.20.
On March 01st, 2017, Acceleron reported that cash, cash equivalents, and investments were $234.4 million as of December 31st, 2016. The Company's collaboration revenue for FY16 was $27.8 million. The Company stated that all of revenue is generated from its Celgene partnership. It includes license and milestone revenue of $15.6 million and cost sharing revenue of $12.2 million related to expenses incurred by the Company in support of its partnered programs. The Company's net loss for the year ended December 31st, 2016 was $57.0 million. A free report on XLRN is just a click away at: http://stock-callers.com/registration/?symbol=XLRN
Shares in Cincinnati, Ohio headquartered Meridian Bioscience Inc. recorded a trading volume of 568,705 shares, which was above their three months average volume of 457,200 shares. The stock ended yesterday's trading session 1.17% higher at $13.00. The Company's shares have advanced 1.38% in the past month. The stock is trading below its 50-day moving average by 13.61%. Furthermore, shares of Meridian Bioscience, which develops, manufactures, distributes, and sells diagnostic test kits primarily for various gastrointestinal, viral, respiratory, and parasitic infectious diseases worldwide, have an RSI of 42.05.
On February 08th, 2017, Bioline, The PCR Company, a wholly-owned subsidiary of Meridian Bioscience announced the expansion of the JetSeq(TM) DNA Library Preparation portfolio for Next Generation Sequencing (NGS) sample preparation. Developed in collaboration with Oxford Gene Technology, the new JetSeq(TM) DNA Library Preparation Kits use pre-optimized buffers to provide maximum reaction efficiency and highest conversion rates, enabling the preparation of the highest quality NGS sequencing-ready, adapter-ligated DNA for Illumina`s Next Generation Sequencers. Sign up for your complimentary research report on VIVO at: http://stock-callers.com/registration/?symbol=VIVO
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