Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) reached up 39.18% in morning trading to $.8699 with 8M shares traded. Alexza is a pharmaceutical company focused on the research, development and commercialization of novel, proprietary products for the acute treatment of central nervous system conditions. Alexza's technology, the Staccato® system, vaporizes unformulated drug to form a condensation aerosol that, when inhaled, allows for rapid systemic drug delivery through deep lung inhalation. The drug is quickly absorbed through the lungs into the bloodstream, providing speed of therapeutic onset that is comparable to intravenous administration, but with greater ease, patient comfort and convenience. Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA - News) announced today that the Psychopharmacologic Drugs Advisory Committee (PDAC) of the U.S. Food and Drug Administration (FDA) voted to recommend that ADASUVE™ (Staccato® loxapine) be approved for use as a single dose in 24 hours when used with the FDA recommended Risk Evaluation and Mitigation Strategy (REMS), for the treatment for agitation in patients with schizophrenia or bipolar mania.
Gasco Energy, Inc. (NYSE Amex: GSX) reached up 26.89% in morning trading to $.2062 with 2M shares traded. Gasco Energy, Inc. is a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region and in California 's San Joaquin Basin. Gasco's principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. Gasco currently focuses its drilling efforts in the Riverbend Project located in the Uinta Basin of northeastern Utah , targeting the Wasatch , Mesaverde, Blackhawk , Mancos , Dakota and Morrison formations. Gasco Energy, Inc. (NYSE Amex: GSX) today provided an interim operations update on recent Green River oil well activity in its Riverbend Project in Utah 's Uinta Basin.
AMR Corporation (NYSE: AMR) reached up 11.62% in morning trading to $.6273 with 16M shares traded. American Airlines, American Eagle and the American Connection® airlines serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning Web site, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in over 140 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation (NYSE: AMR ). American Eagle, the regional affiliate of American Airlines, today announced daily round-trip flights between Chicago O'Hare International Airport and the Region of Waterloo International Airport in Kitchener, Ontario, Canada. Eagle will operate the new service with 50-seat Embraer jets, beginning June 14, 2012.
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