Dallas 12/24/2010 9:45:22 PM
News / Business

Double-Digit Drug Stock Gainers (XOMA, DSCO, ACAD, RPC)

Double-Digit Drug Stock Gainers

XOMA Limited (NASDAQ:XOMA) soared 27.33% to $5.73 on anticipation of positive results from the Company’s Phase 2b trial of XOMA 052 in January and consequently XOMA’s ability to raise capital required by the Company. The Company expects to report encouraging interim results from the Phase 2b trial conducted on 420 patients.

The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $2.49 and $3.83 respectively. At current market price, the market capitalization of the company stands at $124.91 million.

Discovery Laboratories, Inc. (NASDAQ:DSCO) jumped 16.78% to $0.236. Discovery Laboratories, Inc. is a biotechnology company developing surfactant therapies to treat respiratory disorders and diseases.

At current market price, the market capitalization of the company stands at $48.75 million. The stock is down more than 62% year-to-date.

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) rose 29.09% to $1.42.

The company has Price/Sales ratio of 5.09. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $0.73 and $0.97 respectively. At current market price, the market capitalization of the company stands at $55.81 million.

Radient Pharmaceuticals Corporation (AMEX:RPC) climbed 39.19% to $1.03. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $0.43 and $0.70 respectively.

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