Research Reports on Drug Makers Equities -- Bristol-Myers Squibb, AstraZeneca, TherapeuticsMD, and Tonix Pharma
NEW YORK, November 18, 2016 /PRNewswire/ --
Stock-Callers.com has lined up four major players in the Drug Manufacturers industry for review: Bristol-Myers Squibb Co. (NYSE: BMY), AstraZeneca PLC (NYSE: AZN), TherapeuticsMD Inc. (NYSE MKT: TXMD), and Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP). A Trump presidency and a Republican Congress has investors far less worried about a clampdown on prescription drug prices. According to a survey conducted by Evercore ISI analyst Umer Raffat, more than 80% of health care investors believe that major drug-pricing reform is now off the table due to the outcome of the U.S. presidential election. Learn more about these stocks by accessing their free research reports at:
On Thursday, shares in the UK headquartered Bristol-Myers Squibb Co. recorded a trading volume of 6.82 million shares. The stock ended the day 0.85% higher at $56.68. Shares of the Company are trading at a PE ratio of 28.23. Bristol-Myers Squibb's stock has gained 13.66% in the last one month. The stock is trading above its 50-day moving average by 6.51%. Furthermore, shares of Bristol-Myers Squibb have a Relative Strength Index (RSI) of 67.00.
On October 28th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $59 a share to $52 a share.
On November 16th, 2016, Bristol-Myers Squibb and Enterome S.A. announced that they have entered into an Immuno-Oncology focused collaboration agreement for the discovery and development of microbiome-derived biomarkers, drug targets and bioactive molecules to be developed as potential companion diagnostics and therapeutics for cancer. Additionally, the collaboration will seek to identify novel microbiome-derived biomarkers in an effort to improve clinical outcomes for patients treated with Bristol-Myers Squibb's Immuno-Oncology portfolio. Free research report on BMY is available at:
AstraZeneca PLC's stock finished Thursday's session 0.18% lower at $27.35 with a total volume of 7.91 million shares traded. Shares of the Company are trading below its 50-day and 200-day moving averages by 11.78% and 8.93%, respectively. AstraZeneca's stock traded at a PE ratio of 31.15 and has an RSI of 30.52.
On November 11th, 2016, results from the international, multicenter ChildHood Asthma Safety and Efficacy (CHASE) 3 Phase III study showed that SYMBICORT® (budesonide/formoterol fumarate dihydrate) Inhalation Aerosol 80/4.5 micrograms significantly improved lung function in paediatric patients between 6 to <12 years of age with asthma versus budesonide 80 micrograms, demonstrating its appropriateness as step-up therapy in this patient population. AstraZeneca conducted the CHASE 3 study after the US FDA requested additional data on budesonide and formoterol, specifically regarding the impact of different doses, in paediatric asthma patients between 6 to <12 years of age. The complimentary research report on AZN can be downloaded at:
Florida headquartered TherapeuticsMD Inc.'s stock advanced 2.67%, to close the day at $6.91. The stock recorded a trading volume of 1.77 million shares, which was above its three months average volume of 1.74 million shares. TherapeuticsMD's shares have gained 15.36% in the last one month and 0.14% in the previous three months. Shares of the Company are trading 9.29% above its 50-day moving average. Additionally, the stock has an RSI of 64.89.
On November 3rd, 2016, TherapeuticsMD announced two new strategic hires: Dawn Halkuff, as Chief Commercial Officer, and Yulii Bogatyrenko, as Senior Vice President of Business Development. Both executives bring women's health experience and relevant skills to the company in advance of the potential launch of its first bio-identical hormone therapy drug candidate in the second half of 2017. Dawn Halkuff was previously at Pfizer, where she held various leadership roles in women's health since 2010. Yulii Bogatyrenko was most recently the Senior Vice President of Business Development at Paratek Pharmaceuticals, Inc.
On November 7th, 2016, research firm Guggenheim resumed its 'Buy' rating on the Company's stock. Visit us today and access our complete research report on TXMD at:
On Thursday, shares in New York-based Tonix Pharmaceuticals Holding Corp. ended the session 3.70% lower at $0.41 with a total volume of 329,671 shares traded. The stock is trading 33.52% below its 50-day moving average and 79.41% below its 200-day moving average. Moreover, shares of the Company have an RSI of 28.86.
On November 10th, 2016, Tonix reported a net loss of $7.6 million, or $0.29 per share, for Q3 2016 compared to a net loss of $13.3 million, or $0.72 per share, for Q3 2015. Cash used in operations was $8.4 million for Q3 2016 compared to $12.3 million for Q3 2015. At September 30th, 2016, Tonix's cash, cash equivalents, and marketable securities totaled $26.7 million compared to $43.0 million at December 31st, 2015. Management believes that Tonix's existing funds are sufficient to fund its operating expenses and clinical activity for at least the next 12 months. Get free access to your research report on TNXP at:
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