Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) reported positive results from an early clinical trial of a possible treatment for autoimmune diseases. The San Diego company said its drug ADP334 reduced patients’ lymphocyte counts in an early-stage study of 50 healthy volunteers compared with a control group that received a placebo. On Friday shares of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) closed at $5.43. Company’s sales growth for last 5 years was 52.70%.
Exact Sciences Corp. (NASDAQ:EXAS) announced that Scott Coward has been named Senior Vice President and General Counsel for the company effective January 1 2015. Exact Sciences Corporation (NASDAQ:EXAS) in last trading activity moved up 1.99% to close at $29.16. Company weekly performance is 8.85% while its quarterly performance stands at 60.93%. Exact Sciences Corporation (NASDAQ:EXAS) is -2.70% away from its 52 week high.
The Board of Dealertrack Technologies, Inc. (NASDAQ:TRAK) announced that the Acceptance Condition, for the cash offer made by the company for the entire issued and to be issued share capital of incadea, has been satisfied and all of the other conditions to the offer have now been satisfied or waived. Accordingly, the offer is unconditional in all respects. On Friday shares of Dealertrack Technologies, Inc. (NASDAQ:TRAK) closed at $41.77. Company’s sales growth for last 5 years was 14.70% and EPS growth for next 5 years is recorded as 15.50%.
Shire PLC (ADR) (NASDAQ:SHPG) said it has agreed to buy NPS Pharmaceuticals Inc. for $5.2 billion in a takeover that would mark the Irish drug maker’s return to deal-making. The all-cash deal would hasten Shire’s pivot to drugs for rare conditions and bolster its portfolio of therapies for gastrointestinal disorders like the ones treated by NPS’s two drugs, Shire Chief Executive Flemming Ornskov said. “It is another step in the direction of becoming a biotech,” he said in an interview. Shire PLC (ADR) (NASDAQ:SHPG) in last trading activity moved up 1.59% to close at $217.49. Company weekly performance is 4.06% while its quarterly performance stands at -15.04%. Shire PLC (ADR) (NASDAQ:SHPG) is -17.92% away from its 52 week high.
Asanko Gold (NYSE:AKG) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,918,999 shares, a growth of 13.6% from the November 28th total of 1,689,407 shares, American Banking & Market News reports. Asanko Gold Inc. (NYSEMKT:AKG) has 8.54% insider ownership while its institutional ownership stands at 63.00%. In last trading activity company’s stock closed at $1.62.