Biotech Winners & Losers

July 9, 2008 · Filed Under General · Comments Off 

It doesn’t matter if it’s a bull market or a bear market for biotechs, well at at least for the most part.  Every day there are select winners and losers.  A bull market won’t save a one-hope wonder that fails Phase III trials, and a bear market won’t keep down the company that ends up with the new budding cancer cure. He are some from today:

BIOTECH WINNERS

  • SGX PHARMACEUTICALS (SGXP)       +125.55%
  • BIOHEART, INC. (BHRT)                    +11.51%
  • COMPUGEN LTD (CGEN)                   +9.43%
  • DARA BIOSCIENCES (DARA)              +8.03%
  • SUNESIS PHARMACEUTIC (SNSS)       +7.68%
  • CHELSEA THERAPEUTICS (CHTP)       +7.00%
  • PLURISTEM THERAPEUTC (PSTI)         +6.84%
  • INCYTE CORP (INCY)                         +6.44%

BIOTECH LOSERS

  • NEUROBIOLGL TECH INC (NTII)       -19.23%
  • HEMISPHERX BIOPHARMA (HEB)      -13.08%
  • REXAHN PHARMACEUTICL (RNN)    -13.04%
  • HESKA CORPORATION (HSKA)         -9.76%
  • IDENIX PHARMACEUT (IDIX)            -8.96%

Jon Ogg
July 9, 2008

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