Shares of Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) which had gained 6% immediately after the announcement of fourth quarter 2013 results, jumped a further 10.8% in the subsequent trading session. Overall, Rigel Pharma shares are up 17.5% since the earnings release on Mar 4, before the commencement of trading on that day. Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) stock opened at $4.81 in last session, and closed at $4.34, while the day range of stock is $4.31 – $4.85. The stock showed a positive weekly performance of 17.30%.
Rockwell Medical Inc. (NASDAQ:RMTI) reported that net income for the fourth quarter of 2013 grew 21% to $2.1 million, compared to the same quarter in 2012. Sales increased 7.4% to $14 million. Research and development expenses fell 51% to 5.8 million, compared to $11.8 million in the fourth quarter of 2012. Rockwell Medical Inc (NASDAQ:RMTI) stock opened at $14.35, in last session and closed at $13.24, by losing -7.22%. The 52 week range of the stock is $3.16 – $15.85. Company’s market capitalization is $529.57 million.
SIGA Technologies (NASDAQ:SIGA) is expected to post its Q4 earnings at $0.62 per share on revenue of $47.00 million. SIGA Technologies, Inc. (NASDAQ:SIGA) stock decreased -5.59% and finished the last session at $3.21. The EPS of the stock remained -0.30. Company’s market capitalization is $170.13 million.
Tonix Pharmaceuticals Holding Corp. (Nasdaq:TNXP), a development stage specialty pharmaceutical company, today announced that it recently held a pre-Investigational New Drug (pre-IND) meeting with the U.S. Food and Drug Administration (FDA) to discuss the regulatory pathway for the development of TNX-201 (single isomer isometheptene, or IMH) for the relief of episodic tension-type headache (ETTH). Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) stock opened the session at $13.12, and closed the session at $12.56. The 52 week range of the stock remained $2.25 – $21.00 and the day range was $12.21 -$13.36.
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