Dallas, TX 11/18/2009 1:15:37 AM
News / Business

Top Healthcare Stocks Losers are ISIS, AOB, BCRX

Healthcare Stocks Losers

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ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) declines 13.51% to $11.59. The stock hit an intraday high and an intraday low of $13.78 and $10.73 respectively. In the last six months the stock went down over 22%. Isis Pharmaceuticals, Inc. is engaged in antisense technology, exploiting a drug discovery platform to create a pipeline of drugs. The Company operates in a two principal segments: Drug Discovery and Development and Regulus Therapeutics Inc.

 

American Oriental Bioengineering, Inc. (NYSE:AOB) decreases 9.32% to $3.89 after the company yesterday announced financial results for the third quarter ended September 30, 2009. Revenue for the nine months ended September 30, 2009 increased 16.5% to $196.1 million from $168.4 million in the first nine months of 2008. During the same time period, gross profit increased slightly by 0.5% to $114.2 million from $113.6 million in the first nine months of 2008. Operating income in the first nine months of 2009 was $43.9 million compared to $51.9 million in the first nine months of 2008. Net income attributable to controlling interest for the first nine months of 2009 was $29.7 million, compared to $39.2 million in the prior year period.

 

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) decreases 7.71% to $11.37 after the company announced that it is offering to sell, to market and other conditions, 5,000,000 shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. BioCryst also intends to grant the underwriters a 30 day option to purchase up to an aggregate of 750,000 additional shares of common stock to cover over allotments, if any. 

 

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