EdgeWater 12/11/2010 1:00:44 PM
News / Business

icicNano Cap Stocks In Spotlight (EpiCept Corporation, Biodel, Inuvo)

icicNano Cap Stocks In Spotlight

EpiCept Corporation (NASDAQ:EPCT) skyrocketed 42.73% to $0.999 on unusual volumes. The company reported results of a new analysis supporting Ceplene's favorable impact on overall survival and its activity with interleukin-2 or IL-2.   

Ceplene is approved in the European Union for the maintenance of first remission in patients with Acute Myeloid Leukemia or AML in conjunction with low dose IL-2.

Previously, EpiCept announced that it reached agreement with the U.S. Food and Drug Administration or FDA for a two-arm, randomized, open-label trial that will compare the efficacy of Ceplene plus low-dose IL-2 to standard practice in this indication. Based on FDA guidance, the primary endpoint of the trial will be overall patient survival.

Biodel Inc (NASDAQ:BIOD) is down 8.89% to $1.64. The 52-week range of the stock is $1.50-$6.25.

The stock opened at $1.74 and is trading within the range of $1.61-$1.74. The stock lost more than 62% year-to-date.

Inuvo, Inc. (AMEX:INUV) is trading 13.07% higher at $0.540. The 52-week range of the stock is $0.13-$0.55. The stock made its fresh one-year high of $0.55.  

The stock has average daily volume of 174K shares.

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