Biotech Stocks on Investors' Radar -- Progenics Pharma, Dynavax Technologies, Intrexon, and Heat Biologics

Friday, May 12, 2017 General News
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NEW YORK, May 12, 2017 /PRNewswire/ -- is currently reviewing the most recent performances of Progenics

Pharmaceuticals Inc. (NASDAQ: PGNX), Dynavax Technologies Corp. (NASDAQ: DVAX), Intrexon Corp. (NYSE: XON), and Heat Biologics Inc. (NASDAQ: HTBX). Biotech firms differ from conventional drug makers, in that they utilize natural ingredients as opposed
to synthetic ones. Learn more about these stocks by downloading their comprehensive and free reports at:

Progenics Pharma  

On Thursday, shares in New York-based Progenics Pharmaceuticals Inc. rose 1.25%, ending the day at $7.30. The stock recorded a trading volume of 785,663 shares. The Company's shares are trading below their 200-day moving average by 8.85%. Moreover, shares of Progenics Pharma, which develops medicines and other technologies to target and treat cancer in the US and internationally, have a Relative Strength Index (RSI) of 37.98.

On May 04th, 2017, Progenics Pharma announced financial results for Q1 2017. Revenue for Q1 2017 totaled $2.3 million, down from $2.5 million in Q1 2016. Net loss attributable to the Company for the quarter was $16.4 million, compared to a net loss of $12.7 million in the corresponding 2016 period. Additionally, R&D expenses increased by $0.9 million, and general and administrative expenses decreased by $0.1 million during the quarter. PGNX complete research report is just a click away and free at:

Dynavax Technologies  

Shares in Berkeley, California headquartered Dynavax Technologies Corp. ended the day 0.89% lower at $5.55 with a total trading volume of 607,211 shares. In the last month and the previous three months, the stock has gained 6.73% and 38.75%, respectively. Additionally, the Company's shares have advanced 40.51% on an YTD basis. The stock is trading below its 50-day moving average by 3.23%. Furthermore, shares of Dynavax Technologies, which focuses on leveraging the power of the body's innate and adaptive immune responses through toll-like receptor stimulation, have an RSI of 49.19.

On May 08th, 2017, Dynavax Technologies reported financial results for Q1 2017. Cash, cash equivalents, and marketable securities were $85.4 million at March 31st, 2017; net loss was $25.3 million, or $0.60 per share; R&D expenses were $16.3 million; and general and administrative expenses were $6.5 million.

On May 09th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $6 a share to $7 a share. The complimentary report on DVAX can be downloaded at:


At the close of trading on Thursday, shares in Germantown, Maryland-based Intrexon Corp. finished 20.76% higher at $23.62. A total volume of 5.32 million shares was traded, which was above their three months average volume of 1.07 million shares. The stock has advanced 20.02% in the last one month and 9.10% over the previous three months. The Company's shares are trading above their 50-day moving average by 14.65%. Additionally, shares of Intrexon, which operates in the synthetic biology field in the US, have an RSI of 69.39.

On May 10th, 2017, Intrexon and Darling Ingredients Inc. announced that their joint venture, EnviroFlight, LLC, plans to significantly expand production of advanced ingredients for sustainable feed and nutrition derived from black soldier fly (BSF) larvae through the largest, commercial-scale BSF larvae production facility in the US. Initial production capacity is expected in Q1 2018, and will be targeted toward supplying livestock, aquaculture, and pet food markets. Sign up for your complimentary research report on XON at:

Heat Biologics  

Durham, North Carolina-based Heat Biologics Inc.'s shares recorded a trading volume of 153,023 shares at the end of yesterday's session. The stock closed the day 3.55% higher at $0.73. The Company's shares are trading below their 50-day moving average by 12.21%. Additionally, shares of Heat Biologics, which focuses on the development and commercialization of novel allogeneic therapies for a range of cancers and infectious diseases in the US, have an RSI of 38.38.

On May 01st, 2017, Heat Biologics announced that the Company has completed the acquisition of an 80% controlling interest in Pelican Therapeutics, Inc., a privately held immuno-oncology company focused on developing agonists to TNFRSF25, a differentiated and potentially best-in-class T cell costimulatory receptor. Heat also announced its appointment of industry veteran and Pelican board member Rahul Jasuja, Ph.D. as the new CEO of the Pelican subsidiary. Get free access to your research report on HTBX at:

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