Dallas, Tx 4/16/2010 1:21:08 AM
News / Business

NASDAQ Stocks Showing Significant Moves (ANDS, IDIX, SNTS)

NASDAQ Stocks

 

Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS) surges 19.16% to $3.11 on 5.79 million shares. The company announced that 72% of hepatitis C patients receiving ANA598 400 mg twice daily (bid) plus standard of care (SOC) achieved undetectable levels of virus at week eight in an ongoing Phase II study, compared to 38% of patients receiving placebo plus SOC.

 

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Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX) gains 9.56% to $4.47 on 1.02 million shares. The company announced interim data from a 14-day, phase IIa clinical trial evaluating IDX184, a liver-targeted nucleotide prodrug of 2'-methyl guanosine monophosphate, in HCV-infected patients. In the data presented IDX184 demonstrated potent dose-dependent antiviral activity when combined with PegIFN/RBV.

 

Santarus, Inc. (NASDAQ:SNTS) falls 35.45% to $3.46 on 4.64 million shares. The company announced that U.S. District Court for the District of Delaware has ruled that five patents covering the Company's ZEGERID (omeprazole/sodium bicarbonate) prescription products are invalid due to obviousness. These patents were the subject of lawsuits brought by Santarus against Par Pharmaceutical, Inc.

 

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