Tuesday's Biotech/ Pharma Stocks Trading: (OTC:AEMD), (AGEN), (HGSI), (LXRX)
Category: Investment, Biotechnology
Visit this company: www.aethlonmedical.com
Point Roberts, WA - October 19, 2011 - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for October 18, 2011.
Aethlon Medical, Inc. (OTC:AEMD) closed higher by 0.0110 (16.67%) to $0.0770 on volume of 518K shares. Yesterday, the company said that now it is ready to accept orders for its Enzyme Linked Lectin Specific Assay (ELLSA™) from researchers that require a highly sensitive diagnostic tool to detect the presence of exosomes in cell culture, ascites, and other biological fluids, including blood.
Agenus Inc (NASDAQ:AGEN) traded higher by 10.58 (21.32%) and closed at $3.30 after the company announced positive results for QS-21 Stimulon(R) Adjuvant in Phase 3 Trial of GlaxoSmithKline's Malaria Vaccine. First time a QS-21 containing vaccine has demonstrated efficacy in a Phase 3 trial
Human Genome Sciences (NASDAQ:HGSI) moved higher by 13.96% to $12.82 following speculation among traders that the company could get an buyout offer from drug maker GlaxoSmithKline PLC, source U.K.’s Daily Mail.
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) shares also gained 0.12 (11.32%) to $1.18, extending its past week’s gains. The stock has gained about 21% in the past one week. The stock has a 52-week range of $0.81-$2.30.
Sangamo Biosciences, Inc. (NASDAQ:SGMO) climbed 0.30 (9.62%) to $9.62 on high volume. The company is scheduled to report e its third quarter 2011 financial results on Tuesday, October 25, 2011, after the market closes.
Biotech Investor Snapshot for Aethlon Medical (OTCBB: AEMD)
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
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