Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) has reported in a press release that the company called Lundbeck is about to acquire the company. The two companies have already entered a definitive agreement for the said acquisition. As per this acquisition Lundbeck would acquire Chelsea. We hope that this acquisition turns out to be beneficial for both the companies as well as their shareholders. Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) weekly performance is 28.07% .On last trading day company shares ended up $6.57. Analysts mean target price for the company is $9.50. Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) distance from 50-day simple moving average (SMA50) is 21.21%.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) which is headed into the earnings confessional tomorrow morning — surged 5.5% yesterday to close at $7.63, after receiving an upgrade to “buy” from “hold,” and a $6 price-target hike to $14, at Jefferies Monday morning. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) ended the day on $6.67. ARIA Gross Margin is 78.90% and its return on assets is -65.80%. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) quarterly performance is -16.52%.
Dendreon Corporation (NASDAQ:DNDN) look at the percentage of the float that is sold short for this stock. Currently, 26.6% of the float is sold short, suggesting an extreme level of bearishness for DNDN.
Dendreon Corporation (NASDAQ:DNDN) shares moved down -6.73%in last trading session and was closed at $1.94, while trading in range of $1.83 – $2.14. Dendreon Corporation (NASDAQ:DNDN) year to date (YTD) performance is -35.12%.
Gilead Sciences, Inc. (NASDAQ:GILD) announced results from a Phase 1 clinical trial of GS-6615, an investigational, selective late sodium current inhibitor, showing a shortening of the QTc interval in patients with long QT-3 syndrome.Gilead Sciences, Inc. (NASDAQ:GILD) ended the last trading day at $79.76. Company weekly volatility is calculated as 2.91% and price to cash ratio as 17.86. Gilead Sciences, Inc. (NASDAQ:GILD) showed a positive weekly performance of 2.64%.
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