Technical Perspectives on Biotech Stocks -- Ultragenyx Pharma, Regeneron Pharma, Seattle Genetics, and Sangamo Therapeutics

Thursday, January 18, 2018 Drug News
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NEW YORK, Jan. 18, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. 

Today we are offering reports on RARE, REGN, SGEN, and SGMO which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com evaluates Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), Regeneron Pharmaceuticals
Inc. (NASDAQ: REGN), Seattle Genetics Inc. (NASDAQ: SGEN), and Sangamo Therapeutics Inc. (NASDAQ: SGMO). Biotech companies are engaged in the R&D of new drugs, medical devices, and procedures. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Ultragenyx Pharmaceutical

Shares in Novato, California headquartered Ultragenyx Pharmaceutical Inc. jumped 4.28%, ending Wednesday's trading session at $47.77. The stock recorded a trading volume of 566,715 shares, which was higher than its three months average volume of 464,370 shares. The Company's shares have gained 8.52% in the last month. The stock is trading 0.20% above its 50-day moving average. Moreover, shares of Ultragenyx Pharma have a Relative Strength Index (RSI) of 49.98.  

On January 04th, 2018, Ultragenyx Pharma announced an update to its development plan for UX007 in patients with long-chain fatty acid oxidation disorder. Following an end-of-phase-2 meeting with the FDA, the Company is working to provide additional information to submit for consideration of an early filing based on the results from the Phase-2 study. The Company is simultaneously completing the design of a Phase-3 study that could be used for registrational or confirmatory purposes. Get the full research report on RARE for free by clicking below at:

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Regeneron Pharmaceuticals

Tarrytown, New York headquartered Regeneron Pharmaceuticals Inc.'s stock climbed 1.04%, closing the day at $374.07 with a total trading volume of 738,804 shares. The Company's shares have advanced 2.98% over the past year. The stock is trading 2.47% below its 50-day moving average. Additionally, shares of Regeneron Pharma have an RSI of 46.42. 

On January 08th, 2018, Regeneron Pharma announced that the Company and Sanofi will accelerate and expand investment for the clinical development of the PD-1 (programmed cell death protein 1) antibody cemiplimab in oncology, and the IL-4/IL-13 pathway-blocking antibody dupilumab in Type 2 allergic diseases. Under the terms of the expansion, the investment in cemiplimab will be increased to a minimum of $1.64 billion, an increase of approximately $1 billion over the initial 2015 agreement, and the duo will continue to equally fund cemiplimab development. 

On January 09th, 2018, research firm Citigroup reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $380 a share to $388 a share. Access the free research report on REGN now by signing up at:

www.wallstequities.com/registration/?symbol=REGN

Seattle Genetics

On Wednesday, shares in Bothell, Washington headquartered Seattle Genetics Inc. recorded a trading volume of 1.86 million shares, which was higher than their three months average volume of 938,950 shares. The stock ended the day 3.16% higher at $52.56. The Company's shares have advanced 1.43% in the past month. The stock is trading below its 50-day moving average by 6.68%. Furthermore, shares of Seattle Genetics have an RSI of 43.94.  

On January 02nd, 2018, Seattle Genetics announced that the US FDA has accepted for filing a supplemental Biologics License Application for ADCETRIS (brentuximab vedotin) in combination with chemotherapy for the frontline treatment of patients with advanced classical Hodgkin lymphoma. The FDA granted Priority Review for the application, and the Prescription Drug User Fee Act target action date is May 01st, 2018.  Are you already registered with Wall St. Equities? Do so now for free, and get the report on SGEN at:

www.wallstequities.com/registration/?symbol=SGEN

Sangamo Therapeutics

Richmond, California headquartered Sangamo Therapeutics Inc.'s stock rose 1.16%, finishing yesterday's session at $17.50 with a total trading volume of 1.39 million shares. The Company's shares have advanced 6.71% in the last month, 17.85% in the previous three months, and 326.83% over the past year. The stock is trading above its 50-day and 200-day moving averages by 12.44% and 57.88%, respectively. Additionally, shares of Sangamo Therapeutics have an RSI of 55.95.  

On January 03rd, 2018, Sangamo Therapeutics (SGMO) and Pfizer Inc. (PFE) announced a collaboration for the development of a potential gene therapy using zinc finger protein transcription factors (ZFP-TFs) to treat amyotrophic lateral sclerosis (ALS) and frontotemporal lobar degeneration (FTLD) linked to mutations of the C9ORF72 gene. Under the terms of the collaboration agreement, SGMO will be responsible for the development of ZFP-TF candidates; and PFE will be operationally and financially responsible for subsequent research, development, manufacturing, and commercialization for the C9ORF72 ZFP-TF program and any resulting products. Aspiring Member, please take a moment to register below for your free research report on SGMO at:

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