Technical Snapshots for These Generic Drugs Stocks -- Horizon Pharma, Mylan, Neurocrine Biosciences, and Rigel Pharma

Monday, July 10, 2017 Drug News
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NEW YORK, July 10, 2017 /PRNewswire/ --

If you want a Stock Review on HZNP, MYL, NBIX or RIGL then come over to

and sign up for your free customized report today. The Generic Drugs market can be segmented into biosimilars, simple generic, and super generic. Based on its therapeutics applications, the market can be classified into cardiovascular products, anti-infective
drugs, anti-arthritis drugs, central nervous system drugs, anti-cancer drugs, respiratory products, and others. Ahead of today's trading session, takes a closer look at how the following companies have fared over the past few trading days: Horizon Pharma PLC (NASDAQ: HZNP), Mylan N.V. (NASDAQ: MYL), Neurocrine Biosciences Inc. (NASDAQ: NBIX), and Rigel Pharmaceuticals Inc. (NASDAQ: RIGL). Access's complimentary reports for today's stocks line-up at:

Horizon Pharma 

Dublin, Ireland headquartered Horizon Pharma PLC's stock finished last Friday's session 0.40% lower at $12.33. A total volume of 2.57 million shares was traded. The Company's shares have advanced 11.28% in the past month. The stock is trading above its 50-day moving average by 6.09%. Additionally, shares of Horizon Pharma, which engages in identifying, developing, acquiring, and commercializing medicines for the treatment of orphan diseases, arthritis, pain, and inflammation and inflammatory diseases in the US and internationally, have a Relative Strength Index (RSI) of 65.22.

On June 16th, 2017, research firm Cantor Fitzgerald initiated an 'Overweight' rating on the Company's stock, with a target price of $13 per share.

On June 23rd, 2017, Horizon Pharma announced that it has completed the sale of a European subsidiary, which owns the marketing rights to PROCYSBI® (cysteamine bitartrate) delayed-release capsules and QUINSAIR™ (levofloxacin nebuliser solution) in Europe and the EMEA regions, to Chiesi Farmaceutici S.p.A. for an upfront payment of $72.2 million, with additional potential milestone payments based on sales targets. Visit us today and access your complete report on HZNP for free at:


On Friday, shares in Hatfield, the UK-based Mylan N.V. ended the session 0.11% lower at $37.61. The stock recorded a trading volume of 2.75 million shares. The Company's shares are trading 2.27% below their 50-day moving average. Moreover, shares of Mylan, which together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, brand name, and over-the-counter products worldwide, have an RSI of 43.02.

On June 16th, 2017, research firm Cantor Fitzgerald initiated a 'Neutral' rating on the Company's stock, with a target price of $41 per share. The complimentary research report on MYL can be accessed at:

Neurocrine Biosciences 

San Diego, California headquartered Neurocrine Biosciences Inc.'s shares declined 0.23%, closing the session at $46.73 with a total trading volume of 777,611 shares. The stock has gained 4.68% in the last one month, 16.13% over the previous three months, and 20.75% on an YTD basis. The stock is trading 1.79% above their 200-day moving average. Additionally, shares of Neurocrine Biosciences, which discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders in the US and internationally, have an RSI of 49.42. Register for free on and download the research report on NBIX at:

Rigel Pharma 

Last Friday at the close, shares in South San Francisco, California-based Rigel Pharmaceuticals Inc. recorded a trading volume of 1.35 million shares, which was above their three months average volume of 950,270 shares. The stock ended the session 1.12% lower at $2.66. The Company's shares have advanced 13.19% in the past month and 11.76% since the start of this year. The stock is trading above its 50-day moving average by 1.52%. Furthermore, shares of Rigel Pharma, which engages in the discovery and development of drugs in the therapeutic areas of immunology, oncology, and immuno-oncology, have an RSI of 49.58.

On June 19th, 2017, Rigel Pharma announced that the US Food and Drug Administration (FDA) has filed its New Drug Application for the use of TAVALISSE™ (fostamatinib disodium) in patients with chronic or persistent immune thrombocytopenia (ITP). The Company expects the action date for the FDA to complete its review will be April 17th, 2018 under the Prescription Drug User Fee Act. The FDA previously granted Orphan Drug designation to TAVALISSE™ for the treatment of patients with ITP. Get free access to your research report on RIGL at:


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