NEW YORK, NY -- (Marketwire) -- 02/06/13 -- Opexa Therapeutics, Inc. (NASDAQ: OPXA), ImmunoCellular Therapeutics, Ltd. (NYSE MKT: IMUC), Protalix BioTherapeutics, Inc. (NYSE MKT: PLX), Titan Pharmaceuticals Inc. (OTCQB: TTNP).
Opexa Therapeutics, Inc. (OPXA) saw shares advancing 160.33% or $1.94 per share to close at $3.15 on volume of 9,818,403 shares traded during yesterday's trading session. Tuesday morning the company announced the execution of an agreement with Merck Serono, a division of Merck (MKGAY) Darmstadt, Germany, for the development and commercialization of Tcelna (imilecleucel-T), a potential first-in-class personalized T-cell therapy for patients suffering from multiple sclerosis (MS). Will this positive news spark a further rally in the days to come? Find out in our exclusive report at: http://squawkboxstocks.com/report/OPXA
ImmunoCellular Therapeutics, Ltd. (IMUC) was another big gainer seeing shares rise 12.44% to close the day at $2.44 on 1,873,134 shares traded. On Monday, the company announced that Andrew Gengos, Chief Executive Officer of ImmunoCellular, will present a corporate overview and business update at the 15th Annual BIO CEO & Investor Conference on Monday, February 11, 2013 at the Waldorf Astoria Hotel in New York City. Will this forward looking event lead to further gains ahead or will the stock finally give up some of it's recent gains? Find out more in our exclusive report at: http://squawkboxstocks.com/report/IMUC
Protalix BioTherapeutics, Inc. (PLX) was another stock seeing increased activity during yesterday's trading session. The company saw shares rise 14.74% to close at $6.15 after seeing an intraday high of $6.73 on volume of 7,490,918 shares traded. The company confirmed, in response to inquiries received Tuesday morning and a report appearing in the Israeli press, that the company has engaged Citigroup to assist it in reviewing a broad array of product partnering, technology sharing and other strategic alternatives. There is no assurance that Protalix will undertake any such strategic alternative. Find out if this announcement will lead to a higher stock price or if the stock will give up yesterday's gains in our exclusive report at: http://squawkboxstocks.com/report/PLX
Titan Pharmaceuticals Inc. (TTNP) saw its shares decline 10.48% to close yesterday at $2.22 on volume of 1,462,289 shares traded. The company is developing Probuphine, a proprietary, long-acting form of the opioid dependence drug buprenorphine. Probuphine is implanted just under the skin of the upper arm and provides continuous delivery of drug for six months. The FDA accepted Probuphine for priority review with an approval decision expected on April 30. Titan also expects FDA to convene an advisory panel to review Probuphine, likely in the second half of March. Is the company on track for approval or will investors end up disappointed? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/report/TTNP
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