Research Reports Initiation on Biotech Stocks -- Kite Pharma, Arrowhead Pharma, Ultragenyx Pharma, and Jazz Pharma

Wednesday, May 31, 2017 Drug News
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NEW YORK, May 31, 2017 /PRNewswire/ --

Focus on Stock-Callers.com this morning is on Kite Pharma Inc. (NASDAQ: KITE),

Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR), Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), and Jazz Pharmaceuticals PLC (NASDAQ: JAZZ). Biotech is a highly volatile and unpredictable sector due to the scientifically intensive operations of companies
that reside in it. Markets served include medical, agricultural, environmental, and industrial. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Kite Pharma  

On Tuesday, shares in Santa Monica, California headquartered Kite Pharma Inc. recorded a trading volume of 619,792 shares. The stock ended the session 1.00% lower at $72.38. The Company's shares have gained 2.27% over the previous three months and 61.42% on an YTD basis. The stock is trading 20.26% above its 200-day moving average. Moreover, shares of Kite Pharma, which focuses on the development and commercialization of novel cancer immunotherapy products, have a Relative Strength Index (RSI) of 43.45.

On May 09th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $90 a share to $91 a share.

On May 26th, 2017, Kite Pharma announced that the US Food and Drug Administration (FDA) has accepted for priority review the Biologics License Application for axicabtagene ciloleucel. The submission follows positive data demonstrated with a single infusion of axicabtagene ciloleucel in the ZUMA-1 Phase-2 trial in patients with refractory aggressive non-Hodgkin lymphoma. The FDA has set a Prescription Drug User Fee Act target action date of November 29th, 2017. The free research report on KITE is available at:

http://stock-callers.com/registration/?symbol=KITE

Arrowhead Pharma  

Pasadena, California headquartered Arrowhead Pharmaceuticals Inc.'s stock closed the day 2.60% lower at $1.50 with a total trading volume of 400,570 shares. The Company's shares are trading 10.91% below their 50-day moving average. Shares of the Company, which develops novel drugs to treat intractable diseases in the US, have an RSI of 32.90. The complimentary report on ARWR can be downloaded at:

http://stock-callers.com/registration/?symbol=ARWR

Ultragenyx Pharma  

Shares in Novato, California headquartered Ultragenyx Pharmaceutical Inc. recorded a trading volume of 324,699 shares. The stock ended yesterday's trading session 5.19% lower at $53.01 The Company's shares are trading below their 50-day moving average by 16.15%. Furthermore, shares of Ultragenyx Pharma, 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 an RSI of 30.94.

On May 23rd, 2017, Ultragenyx Pharmaceutical announced that a Biologics License Application submitted to the US FDA, and a Marketing Authorization Application submitted to the European Medicines Agency for recombinant human beta-glucuronidase, an investigational therapy for the treatment of Mucopolysaccharidosis VII, were accepted for review. The Prescription Drug User Fee Act goal date for a decision is November 16th, 2017, and an opinion from the Committee for Medicinal Products for Human Use is expected in the first half of 2018. Visit us today and download our complete research report on RARE for free at:

http://stock-callers.com/registration/?symbol=RARE

Jazz Pharma  

Dublin, Ireland headquartered Jazz Pharmaceuticals PLC's stock finished Tuesday's session 1.95% lower at $148.17 with a total trading volume of 403,955 shares. The Company's shares have advanced 11.73% over the previous three months and 35.90% since the start of this year. The stock is trading above its 200-day moving average by 15.46%. Additionally, shares of Jazz Pharma, which identifies, develops, and commercializes pharmaceutical products for various medical needs in the US, Europe, and internationally, have an RSI of 41.42.

On May 15th, 2017, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, with a target price of $210 per share.

On May 24th, 2017, Jazz Pharma announced that 12 abstracts supporting its sleep medicine portfolio, including data on its investigational compound JZP-110, data on the investigational use of sodium oxybate for the treatment of cataplexy and excessive daytime sleepiness in pediatric patients with narcolepsy, and data from the Nexus narcolepsy patient registry, will be presented at the 31st Associated Professional Sleep Societies Annual SLEEP Meeting on June 03rd, 2017, to June 07th, 2017, in Boston, MA. Get free access to your technical report on JAZZ at:

http://stock-callers.com/registration/?symbol=JAZZ

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