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Research Reports Coverage on Biotech Stocks -- Idera Pharma, Ocular Therapeutix, Radius Health, and Grifols

Friday, January 27, 2017 Research News
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NEW YORK, January 27, 2017 /PRNewswire/ --
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Stock-Callers.com today presents the following equities for evaluation: Idera Pharmaceuticals Inc. (NASDAQ: IDRA), Ocular Therapeutix Inc. (NASDAQ: OCUL), Radius Health Inc. (NASDAQ: RDUS), and Grifols S.A. (NASDAQ: GRFS). According to financial services firm Raymond James, the iShares NASDAQ Biotechnology Index ETF gained approximately 8% from the start of the year through January 10th, 2017, but has since fallen approximately 5.5%. For the week ending January 18th, stocks from the Biotech sector experienced $526 million in net outflows, compared to $726 million in inflows in the week prior. These stocks research reports can be downloaded now by simply registering for free at:
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http://stock-callers.com/registration

Idera Pharma  

On Thursday, shares in Cambridge, Massachusetts-based Idera Pharmaceuticals Inc. recorded a trading volume of 685,755 shares, and ended the session 4.08% lower at $1.41. The stock is trading 13.39% below its 50-day moving average. Shares of the Company, which focuses on the discovery, development, and commercialization of therapeutics for oncology and rare diseases in the US, have a Relative Strength Index (RSI) of 34.72. Your complete research report on IDRA can be retrieved for free at:

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

Ocular Therapeutix 

Bedford, Massachusetts headquartered Ocular Therapeutix Inc.'s stock closed the day 2.02% lower at $6.79. A total volume of 1.47 million shares was traded, which was above their three months average volume of 949,890 shares. The Company's shares have advanced 4.30% in the previous three months. The stock is trading 12.92% below its 200-day moving average. Additionally, shares of Ocular Therapeutix, which focuses on the development and commercialization of therapies for diseases and conditions of the eye using its proprietary hydrogel platform technology in the US, have an RSI of 25.72.

On January 24th, 2017, Ocular Therapeutix announced the pricing of a registered underwritten public offering of 3,571,429 shares of its common stock at a public offering price of $7.00 per share. All of the shares in the offering are to be sold by the Company. The offering is expected to close on or about January 27th, 2017, subject to customary closing conditions. A free report on OCUL is just a click away at:

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

Radius Health  

Shares in Waltham, Massachusetts headquartered Radius Health Inc. recorded a trading volume of 520,416 shares, and ended yesterday's trading session 0.43% higher at $42.05. The stock has advanced 5.76% in the past month and 10.57% on an YTD basis. The Company's shares are trading below their 200-day moving average by 6.08%. Furthermore, shares of Radius Health, which develops and sells therapeutics in the areas of osteoporosis, oncology, and endocrine diseases primarily in the US, have an RSI of 44.14.

On December 08th, 2017, Radius Health announced data from two ongoing Phase-1 studies of RAD1901, an oral selective estrogen receptor degrader, in patients with estrogen receptor positive (ER+) breast cancer. As of the cut-off date of October 07th, 2016, 20 patients have been treated in the RAD1901 Phase IB safety expansion cohort at the 400 mg dose. These patients are heavily pretreated ER+, HER2-negative advanced breast cancer patients who have received a median of 3 prior lines of therapy. RAD1901 was well-tolerated with the most common adverse events being low grade nausea and dyspepsia. In the ongoing European Phase-I RAD1901 FES-PET trial, the first three-patients were enrolled at 400 mg as of the October 07th cut-off date and achieved a reduction in 18F-FES uptake ranging from 79%-91% at day 14 compared to baseline. One patient had a confirmed partial response by RECIST criteria. All three patients remained on study drug with mean duration of treatment of 5.64 cycles. Sign up for your complimentary research report on RDUS at:

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

Grifols  

Barcelona, Spain headquartered Grifols S.A.'s stock finished Thursday's session 0.83% higher at $16.96 with a total trading volume of 544,458 shares. The Company's shares have advanced 6.53% in the last one month, 14.51% over the previous three months, and 5.54% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.42% and 7.82%, respectively. Additionally, shares of Grifols, which develops, manufactures, and distributes a range of plasma derivative products primarily in the European Union, Spain, the US, Canada, and internationally, have an RSI of 63.81.

On December 14th, 2017, Grifols announced that it entered into an agreement to acquire the Nucleic Acid Testing (NAT) donor screening unit from the US Company Hologic for a purchase price of USD$1.85 billion. This agreement encompasses research, development, and manufacture of assays and instruments activities using NAT technology that makes possible to detect the presence of infectious agents in blood and plasma donations, contributing to greater transfusion safety.

On January 03rd, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Register for free on Stock-Callers.com and download the latest research report on GRFS at:

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

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