EdgeWater 1/1/2011 1:50:41 AM
News / Business

Drug Stocks Trading Mixed (MRK, PIP, CTIC, ANPI)

Drug Stocks Trading Mixed

Merck & Co., Inc. (NYSE:MRK) surged 0.50% to $36.19. Merck & Co., Inc. is a global health care company that delivers health solutions through its medicines, vaccines, biologic therapies, and consumer and animal products, which it markets directly and through its joint ventures

The stock has average daily volume of 14.32 million shares. At current market price, the market capitalization of the company stands at $111.50 billion.

PharmAthene, Inc. (AMEX:PIP) jumped 5.01% to $4.19. Over the past five trading sessions, the stock gained more than 7% and went up more than 5% year-to-date.

PharmAthene, Inc. is a bio defense company engaged in the development and commercialization of medical countermeasures against biological and chemical weapons.

Cell Therapeutics, Inc. (NASDAQ:CTIC) slid 0.48% to $0.370. The stock has average daily volume of 2.66 million shares. At current market price, the market capitalization of the company stands at $301.63 million.

Angio tech Pharmaceuticals, Inc. (USA) (NASDAQ:ANPI) soared 6.57% to $0.324. The stock opened at $0.34 and is trading within the range of $0.30-$0.34.

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