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Friday's NASDAQ Morning Mover; Halozyme Therapeutics (Nasdaq:HALO) Gains over 27%
Category: Investment
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Visit this company: Halozyme Therapeutics
New York, New York - September 21, 2012 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on the top trader on the NASDAQ for Friday morning . Halozyme Therapeutics, Inc. (NasdaqGM :HALO) is trading at $8.18, gaining $ 1.77 or 27.61% as of 10:41AM EDT on over 2 Million shares. The stock had a high of $8.65 in earlier trading.
ViroPharma Incorporated (VPHM) and Halozyme Therapeutics, Inc. (HALO) announced today that the U.S. Food & Drug Administration (FDA) has provided guidance enabling ViroPharma to resume clinical studies of the subcutaneous administration of Cinryze in combination with rHuPH20.
According to Halozyme, the detected antibodies were non-neutralizing and not associated with any clinical adverse events. The FDA has advised ViroPharma to amend the study protocol, allowing for increased laboratory sampling to monitor rHuPH20 antibody levels, and keep the Agency informed of elevated antibody levels during the treatment phase of the study.
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