What's Happening With These Drug Makers Stocks? -- Immune Pharmaceuticals, Zogenix, Shire, and Merck

Tuesday, December 19, 2017 Drug News
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NEW YORK, Dec. 19, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely

information, WallStEquities.com has issued free tailored Stock Review on IMNP, ZGNX, SHPG, and MRK which is a click away at www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Immune Pharmaceuticals Inc.
(NASDAQ: IMNP), Zogenix Inc. (NASDAQ: ZGNX), Shire PLC (NASDAQ: SHPG), and Merck & Co. Inc. (NYSE: MRK). The bulk of business major companies in the Drugs sector involves manufacturing and selling pharmaceuticals. See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy your free research reports at: www.wallstequities.com/registration

Immune Pharmaceuticals

On Monday, shares in Englewood Cliffs, New Jersey headquartered Immune Pharmaceuticals Inc. rose 0.35%, ending the day at $0.71. The stock recorded a trading volume of 343,986 shares. The Company's shares are trading below their 50-day moving average by 26.72%. Moreover, shares of Immune Pharmaceuticals, which develops therapeutic agents in the fields of immuno-inflammation, dermatology, and immuno-oncology, have a Relative Strength Index (RSI) of 28.36.  

On December 11th, 2017, Immune Pharmaceuticals announced that it has appointed John Zhang, MD, Ph.D. to the position of Vice President, R&D. Dr. Zhang will have oversight of the non-clinical aspects of the Company's drug development programs, including all pre-clinical studies, and will provide support for the clinical, regulatory, and manufacturing activities for its core pipeline assets, bertilimumab and nano-cyclosporin. Looking for insightful coverage on IMNP? Sign up for free at: www.wallstequities.com/registration/?symbol=IMNP


Shares in Emeryville, California headquartered Zogenix Inc. ended the day 1.19% higher at $38.20 with a total trading volume of 433,726 shares. In the last month and the previous three months, the stock has gained 3.95% and 162.54%, respectively. Additionally, the Company's shares have skyrocketed 214.40% on an YTD basis. The stock is trading above its 200-day moving average by 94.86%. Furthermore, shares of Zogenix, which develops and commercializes therapies for the treatment of central nervous system disorders in the US, have an RSI of 53.77. 

On November 27th, 2017, research firm JMP Securities initiated a 'Market Outperform' rating on the Company's stock.

On December 04th, 2017 at the 71st American Epilepsy Society Annual Meeting, Zogenix announced new data from the Company's first Phase-3 trial (Study 1) of its investigational drug, ZX008 (low-dose fenfluramine hydrochloride), for the treatment of Dravet syndrome. The new Study 1 results showed that the odds of achieving a clinically meaningful (?50%) or substantial (?75%) reduction in convulsive seizure frequency were 29 and 50 times higher, respectively, among patients treated with ZX008 0.8 mg/kg/day than in patients treated with placebo. Today's complimentary research report on ZGNX is accessible at: www.wallstequities.com/registration/?symbol=ZGNX


On Monday, shares in Dublin, Ireland headquartered Shire PLC finished 0.35% higher at $151.80. A total volume of 1.24 million shares was traded, which was above their three months average volume of 1.02 million shares. The stock has advanced 4.96% in the last one month. The Company's shares are trading above their 50-day moving average by 3.70%. Additionally, shares of Shire, which together with its subsidiaries, researches, develops, licenses, manufactures, markets, distributes, and sells pharmaceutical products, have an RSI of 59.53. 

On December 01st, 2017, Shire announced that Andreas Busch, Ph.D. will join the Company as Executive Vice President, Head of R&D and Chief Scientific Officer, and will become a member of the Executive Committee, beginning January 2018. Howard Mayer, MD, currently serving as Head of Research and Development (ad interim), has been appointed Chief Medical Officer, also effective in January. Register now for your free research document on SHPG at: www.wallstequities.com/registration/?symbol=SHPG


Kenilworth, New Jersey headquartered Merck & Co. Inc.'s shares recorded a trading volume of 11.59 million shares at the end of yesterday's session, which was above their three months average volume of 11.48 million shares. The stock closed the day 0.04% lower at $56.22. The Company's shares have advanced 1.90% in the past month. The stock is trading below its 50-day moving average by 2.91%. Additionally, shares of Merck, which provides healthcare solutions worldwide, have an RSI of 46.48.  

On November 28th, 2017, research firm Bank of America/ Merrill resumed its 'Buy' rating on the Company's stock, with a target price of $64 per share.

On November 28th, 2017, Merck announced that its Board of Directors has increased the Company's quarterly dividend to $0.48 per outstanding share of common stock, up $0.01 from $0.47 per outstanding share paid last quarter. Payment will be made on January 08th, 2018, to stockholders of record at the close of business on December 15th, 2017. The Board also authorized an additional $10 billion of treasury stock purchases, with no time limit for completion. Click on the link below and see our free report MRK at: www.wallstequities.com/registration/?symbol=MRK


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