This Morning's Technical Outlook on Biotech Stocks -- Alnylam Pharma, Celldex Therapeutics, Aduro BioTech, and Zosano Pharma

Wednesday, December 27, 2017 Drug News
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NEW YORK, Dec. 27, 2017 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment

community.  Today we are offering reports on ALNY, CLDX, ADRO, and ZSAN which can be accessed for free by signing up to http://www.wallstequities.com/registration. Wall Street is holding its breath for the rekindling of mergers and acquisitions across
the Biotechnology and Pharmaceutical sector after 2017 led to a pause in deal-making, reported Bloomberg. Tax reform, particularly a lower levy on US companies overseas cash, may be the key to driving the return of M&A in 2018, according to the article. This morning, research reports have been issued by WallStEquities.com on Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY), Celldex Therapeutics Inc. (NASDAQ: CLDX), Aduro BioTech Inc. (NASDAQ: ADRO), and Zosano Pharma Corp. (NASDAQ: ZSAN). All you have to do is sign up today for this free limited time offer, click the link below. http://www.wallstequities.com/registration

Alnylam Pharmaceuticals

Cambridge, Massachusetts headquartered Alnylam Pharmaceuticals Inc.'s shares gained 0.58%, closing Tuesday's trading session at $124.68. The stock recorded a trading volume of 407,321 shares. The Company's shares have advanced 11.26% over the previous three months and 233.01% since the start of this year. The stock is trading 41.62% above its 200-day moving average. Additionally, shares of Alnylam Pharma, which discovers, develops, and commercializes novel therapeutics based on RNA interference, have a Relative Strength Index (RSI) of 49.91. 

On December 18th, 2017, Alnylam Pharma and Sanofi Genzyme, the specialty care global business unit of Sanofi, announced the submission of a Marketing Authorization Application to the European Medicines Agency (EMA) for patisiran, an investigational RNAi therapeutic targeting transthyretin for the treatment of adults with hereditary transthyretin-mediated amyloidosis. Patisiran was previously granted accelerated assessment by the EMA, potentially reducing the Agency's evaluation time from 210 to 150 days. Get the full research report on ALNY for free by clicking below at: http://www.wallstequities.com/registration/?symbol=ALNY

Celldex Therapeutics

On Tuesday, shares in Hampton, New Jersey headquartered Celldex Therapeutics Inc. recorded a trading volume of 781,342 shares. The stock rose 2.82%, ending the day at $2.92. The Company's shares have advanced 0.69% in the past month and 7.35% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.99% and 3.80%, respectively. Furthermore, shares of Celldex Therapeutics, which focuses on the development and commercialization of several immunotherapy technologies and other cancer-targeting biologics, have an RSI of 55.02. 

On November 30th, 2017, Celldex Therapeutics announced that enrollment has opened in its open-label, Phase-1 study of CDX-1140 in patients with advanced solid tumors. CDX-1140 is a fully human antibody targeted to CD40, a key activator of immune response that is found on dendritic cells, macrophages, and B cells, and is also expressed on many cancer cells. CLDX's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=CLDX

Aduro BioTech

Berkeley, California headquartered Aduro BioTech Inc.'s stock finished the day 3.73% lower at $7.75 with a total trading volume of 382,744 shares. The stock is trading below their 50-day moving average by 8.88%. Shares of the Company, which focuses on the discovery, development, and commercialization that transform the treatment of challenging diseases, have an RSI of 37.96. 

On December 13th, 2017, research firm H.C. Wainwright reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $18 a share to $9.50 a share.

On December 20th, 2017, Aduro BioTech announced that the US Patent and Trademark Office has issued a new patent in the Company's portfolio, related to the activation of the STING (Stimulator of Interferon Genes) pathway. US Patent 9,840,533 licensed from Memorial Sloan Kettering, The Rockefeller University, Rutgers, The State University of New Jersey, and University of Bonn covers pioneering composition of matter claims to a broad class of cyclic dinucleotide structures that induce STING-dependent immune responses. Register for your free research report on ADRO at: http://www.wallstequities.com/registration/?symbol=ADRO

Zosano Pharma

Shares in Fremont, California headquartered Zosano Pharma Corp. ended yesterday's session 9.28% lower at $0.59. The stock recorded a trading volume of 779,388 shares. The Company's shares are trading 15.18% below their 50-day moving average. Moreover, shares of Zosano Pharma, which develops a proprietary intracutaneous delivery system to administer drugs through the skin for rapid symptom relief to patients, have an RSI of 42.84. 

On December 15th, 2017, Zosano Pharma announced that Bruce Steel has tendered his resignation from the Board of Directors, effective immediately. Following up on Mr. Steel's resignation, the number of Board of Director seats has been reduced to five. Wall St. Equities' downloadable research report on ZSAN available at: http://www.wallstequities.com/registration/?symbol=ZSAN

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