Biotech New Lows: TESARO (NASDAQ:TSRO), Corium International Inc (NASDAQ:CORI), Tetralogic Pharmaceuticals (NASDAQ:TLOG), Ruthigen Inc (NASDAQ:RTGN)

On May 01, 2014, TESARO Inc (NASDAQ:TSRO), announced that Lonnie Moulder, CEO of TESARO, and Dr. Mary Lynne Hedley, President of TESARO, will present at the Deutsche Bank Securities 39(th) Annual Health Care Conference on Wednesday, May 7, 2014 at 1:30 p.m. Eastern time at the InterContinental Hotel Boston. TESARO Inc (NASDAQ:TSRO), shares after opening at $24.99 moved to $24.99 on last trade day and at the end of the day closed at $24.02. Company price to cash ratio as 6.63. TESARO Inc (NASDAQ:TSRO), showed a negative weekly performance of 5.17%.

Jefferies Group began coverage on shares of Corium International Inc (NASDAQ:CORI), in a report released on Monday,TheFlyOnTheWall.com reports. The firm issued a buy rating and a $13.00 price objective on the stock. Corium International Inc (NASDAQ:CORI), shares fell 1.99% in last trading session and ended the day on $7.40. Corium International Inc (NASDAQ:CORI), return on equity ratio is recorded as 26.80% and its return on assets is -76.20%.

On april 30, 2014, Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG), announced that J. Kevin Buchi, President and Chief Executive Officer, will present at the Deutsche Bank 39th Annual Healthcare Conference on Wednesday, May 7, 2014 at 1:30 p.m. Eastern Time in Boston, MA. Mr. Buchi will provide an overview of the Company and its corporate activities. Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG), shares moved up 10.53% in last trading session and was closed at $6.30, while trading in range of $ 5.55 – 6.30. Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG), year to date (YTD) performance is -33.82%.

Having raised a net $15.4 million after its initial public offering and related expenses, Santa Rosa-based Ruthigen Inc (NASDAQ:RTGN), will now be able to fully fund the first two phases of clinical trials for a preventative antibiotic treatment designed for use in surgery and wound care, said chief executive Hojabr “Hoji” Alimi. Ruthigen Inc (NASDAQ:RTGN), weekly performance is -3.16%. On last trading day company shares ended up $6.74. Ruthigen Inc (NASDAQ:RTGN), distance from 50-day simple moving average (SMA50) is -2.97%.

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