This Morning's Technical Outlook on Generic Drugs Stocks -- Fibrocell Science, Galectin Therapeutics, Lannett, and Mallinckrodt

Wednesday, April 18, 2018 Genetics & Stem Cells News
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NEW YORK, April 18, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment

community.  Today we are offering reports on FCSC, GALT, LCI, and MNK which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com revisits the Generic Drugs market, which can be segmented into biosimilars,
simple generic, and super generic. In this morning's lineup are the following stocks: Fibrocell Science Inc. (NASDAQ: FCSC), Galectin Therapeutics Inc. (NASDAQ: GALT), Lannett Co. Inc. (NYSE: LCI), and Mallinckrodt PLC (NYSE: MNK). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Fibrocell Science

Exton, Pennsylvania-based Fibrocell Science Inc.'s shares declined 3.11%, closing Tuesday's trading session at $0.62. The stock recorded a trading volume of 108,819 shares. The Company's shares are trading 0.20% above their 50-day moving average. Additionally, shares of Fibrocell Science, which focuses on discovering and developing therapies for diseases affecting the skin and connective tissues in the US, have a Relative Strength Index (RSI) of 50.95. 

On April 10th, 2018, Fibrocell Science announced that John Maslowski, President and CEO, will present at the 2018 World Orphan Drug Congress USA on April 25th, 2018, at 2:00 p.m. EDT in Oxon Hill, Maryland. Get the full research report on FCSC for free by clicking below at: www.wallstequities.com/registration/?symbol=FCSC

Galectin Therapeutics

On Tuesday, shares in Norcross, Georgia-based Galectin Therapeutics Inc. recorded a trading volume of 1.01 million shares, which was above their three months average volume of 544,180 shares. The stock declined 3.35%, ending the day at $3.46. The Company's shares have advanced 11.97% over the past year. The stock is trading above its 200-day moving average by 11.38%. Furthermore, shares of Galectin Therapeutics, which engages in the research and development of therapies for fibrotic disease and cancer, have an RSI of 37.27. 

On March 29th, 2018, Galectin Therapeutics reported its financial results for the year ended December 31st, 2017. Net loss applicable to common stockholders for the year was $17.5 million; R&D expense was $11.7 million; and G&A expense was $4.5 million. As of December 31st, 2017, the Company had $3.1 million of cash and cash equivalents. GALT's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=GALT

Lannett

Philadelphia, Pennsylvania-based Lannett Co. Inc.'s stock finished the day 0.59% higher at $17.00 with a total trading volume of 406,505 shares. The Company's shares have advanced 1.19% in the last month. The stock is trading above its 50-day moving average by 1.96%. Additionally, shares of Lannett, which develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the US, have an RSI of 58.10. 

On March 23rd, 2018, Lannett announced the appointment of Grant Brock as VP operations, effective last February 2018. The Company also announced the appointment of Alicia Evolga as VP of marketing, effective April 02nd, 2018. Register for your free research report on LCI at: www.wallstequities.com/registration/?symbol=LCI

Mallinckrodt

Shares in Staines-Upon-Thames, the UK-based Mallinckrodt PLC ended yesterday's session 0.79% higher at $13.97. The stock recorded a trading volume of 2.11 million shares. The Company's shares are trading 10.67% below their 50-day moving average. Moreover, shares of Mallinckrodt, which develops, manufactures, markets, and distributes branded pharmaceutical products in Canada and the European Union, as well as in Latin American, Middle-Eastern, African, and Asia/Pacific regions, have an RSI of 41.54. 

On April 04th, 2018, Mallinckrodt announced that Angus Russell will succeed Melvin Booth as non-executive chairman of the Company's Board of Directors when Mr. Booth retires from the Board in May 2018. The Company also announced the planned retirement of Diane Gulyas from its Board in May 2018. Wall St. Equities' downloadable research report on MNK available at: www.wallstequities.com/registration/?symbol=MNK

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