3 newsworthy biotech stocks: biodelivery, cytrx, tg...
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2/5/2014 3 Newsworthy Biotech Stocks: BioDelivery, CytRx, TG Therapeutics
http://wallstcheatsheet.com/stocks/3-newsworthy-biotech-stocks-biodelivery-cytrx-tg-therapeutics.html/?ref=YF 1/5
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3 Newsworthy Biotech Stocks: BioDelivery, CytRx,TG Therapeutics
Over the past few weeks, there have been a significant number ofimportant announcements in the biotechnology industry. Threecompanies that have released extremely important news thatinvestors should be aware of are BioDelivery Sciences(NASDAQ:BDSI), CytRx Corp. (NASDAQ:CYTR), and TGTherapeutics (NASDAQ:TGTX).
JAMES RATZ | MORE ARTICLESFEBRUARY 03, 2014
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2/5/2014 3 Newsworthy Biotech Stocks: BioDelivery, CytRx, TG Therapeutics
http://wallstcheatsheet.com/stocks/3-newsworthy-biotech-stocks-biodelivery-cytrx-tg-therapeutics.html/?ref=YF 2/5
BioDelivery Sciences is a specialty pharmaceutical company thatis leveraging its patented drug delivery techniques to develop andcommercialize new applications of proven therapeutics. Thecompany is focused on the areas of pain management andaddiction. After the market close on January 23, BioDeliverySciences announced positive top-line results from its pivotalPhase 3 trial of BEMA Buprenorphine in opioid-naive patients. Thecompany is developing BEMA Buprenorphine for the treatment ofmoderate to severe chronic pain in patients that require opioidtherapy.
Shares of the company jumped by more than 50 percent after theannouncement but have since cooled off. That being said, theshare price of BioDelivery Sciences is still higher than the pre-announcement share price by nearly 26 percent. The positiveresults from the Phase 3 trial mean that the company will receive a$10 million milestone payment from its partner, Endo HealthSolutions (NASDAQ:ENDP). The company is also evaluating BEMABuprenorphine in opioid “experienced” patients and expects toannounce results from the Phase 3 trial later this year. Ifsuccessful, investors can anticipate another large milestonepayment to BioDelivery Sciences.
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2/5/2014 3 Newsworthy Biotech Stocks: BioDelivery, CytRx, TG Therapeutics
http://wallstcheatsheet.com/stocks/3-newsworthy-biotech-stocks-biodelivery-cytrx-tg-therapeutics.html/?ref=YF 3/5
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2/5/2014 3 Newsworthy Biotech Stocks: BioDelivery, CytRx, TG Therapeutics
http://wallstcheatsheet.com/stocks/3-newsworthy-biotech-stocks-biodelivery-cytrx-tg-therapeutics.html/?ref=YF 4/5
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2/5/2014 3 Newsworthy Biotech Stocks: BioDelivery, CytRx, TG Therapeutics
http://wallstcheatsheet.com/stocks/3-newsworthy-biotech-stocks-biodelivery-cytrx-tg-therapeutics.html/?ref=YF 5/5
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