Biotech Stock Performance Review -- Vertex Pharma, VIVUS, Xbiotech, and Axovant Sciences

Friday, June 30, 2017 Drug News
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NEW YORK, June 30, 2017 /PRNewswire/ --

If you want a Stock Review on VRTX, VVUS, XBIT or AXON then come over to and sign up for your free customized report today. Biotechnology 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. Ahead of today's trading session, presents for review Vertex Pharmaceuticals Inc. (NASDAQ: VRTX), VIVUS Inc. (NASDAQ: VVUS), XBiotech Inc. (NASDAQ: XBIT), and Axovant Sciences Ltd (NYSE: AXON). These free stocks reports are currently available on Simply sign up for your complimentary member access at:

Vertex Pharma 

Boston, Massachusetts headquartered Vertex Pharmaceuticals Inc.'s stock finished Thursday's session 2.95% lower at $127.24 with a total trading volume of 1.37 million shares. Over the last month and the previous three months, the Company's shares have advanced 2.94% and 18.59%, respectively. Additionally, the stock has gained 72.72% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 4.69% and 32.68%, respectively. Moreover, shares of Vertex Pharma, which discovers, develops, manufactures, and commercializes medicines for serious diseases, have a Relative Strength Index (RSI) of 51.33.

On June 08th, 2017, Vertex Pharma's shareholders elected Alan M. Garber, M.D., Ph.D. as an independent member of its Board of Directors. Dr. Garber is Provost of Harvard University, the Mallinckrodt Professor of Health Care Policy at Harvard Medical School, a Professor of Economics in the Faculty of Arts and Sciences, a Professor of Public Policy in the Harvard Kennedy School of Government, and a Professor in the Department of Health Policy and Management in the Harvard T.H. Chan School of Public Health.

On June 23rd, 2017, research firm Needham upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $155 per share. Your complete research report on VRTX can be retrieved for free at:


Shares in Campbell, California headquartered VIVUS Inc. rose 0.83%, ending yesterday's session at $1.21 with a total trading volume of 637,488 shares. The stock has gained 6.14% in the past month, 11.01% in the previous three months, and 5.22% on an YTD basis. The Company's shares are trading 9.46% above their 50-day moving average and 6.16% above their 200-day moving average. Moreover, shares of VIVUS, which develops and commercializes therapies to address unmet medical needs in the US and the European Union, have an RSI of 58.56. A free report on VVUS is just a click away at:


On Thursday, Austin, Texas headquartered XBiotech Inc.'s stock saw a decline of 1.39%, to close the day at $4.95. A total volume of 95,330 shares was traded. The Company's shares are trading 40.61% below their 50-day moving average. Additionally, shares of XBiotech, which engages in discovering and developing True Human monoclonal antibodies for treating various diseases, have an RSI of 38.82.

On June 09th, 2017, XBiotech announced that an Independent Data Monitoring Committee (IDMC) has performed its second prospectively planned, unblinded analysis of the Phase 3 XCITE study for the Company's novel candidate antibody therapy for the treatment of colorectal cancer. The IDMC had no safety concerns from the unblinded analysis, but recommended the early termination of the study, since the findings were not sufficient to meet efficacy or the threshold for continuation, which involved a prospectively defined acceptance boundary for the interim analysis of less than or equal to p=0.08. Sign up for your complimentary research report on XBIT at:

Axovant Sciences 

Shares in London, the UK-based Axovant Sciences Ltd ended the day 1.21% lower at $23.71. A total volume of 209,366 shares was traded. The stock has gained 10.85% in the last one month, 58.70% in the previous three months, and 90.90% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 4.48% and 48.45%, respectively. Furthermore, shares of Axovant Sciences, which engage in developing and commercializing medicines for the treatment of dementia and related neurological disorders in the US and Europe, have an RSI of 53.71.  

On June 14th, 2017, research firm Oppenheimer reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $26 a share to $30 a share.

On June 19th, 2017, Axovant Sciences announced that the US Food and Drug Administration has granted Fast Track designation to its investigational drug nelotanserin for the treatment of visual hallucinations disorder in dementia with Lewy bodies. Nelotanserin is a novel 5HT2A inverse agonist being investigated in a Phase-2 double-blind, randomized, placebo-controlled crossover safety study involving more than 20 subjects diagnosed with Lewy body dementia, who experience frequent visual hallucinations.  Register for free on and download the latest research report on AXON at:


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