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Biotechnology Industry Organization Says Use Of Homegrown Biotechnology Can Add More Jobs To The U.S. Economy – (GILD, ARNA, IDIX)

The Biotechnology Industry Organization (BIO) and its member companies recently revealed that production of renewable chemicals and biobased products by means of homegrown biotechnology can create more jobs opportunities across the United States. BIO showed gratitude to Sen. Debbie Stabenow (D-Mich.) for introducing the Qualifying Renewable Chemical Production Tax Credit Act of 2012, which enables…
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S&P 500 (INDEXSP:.INX) Extending Losses For The Fourth Straight Day – CSCO, S, GILD, FSLR, TSO

The S&P 500 (INDEXSP:.INX) is falling the most today Standard after European Central Bank President Mario Draghi disappointed investors on immediate efforts to bolster the economy. The Standard & Poor’s 500 Index has already declined for three straight days, marking a three-day loss of 0.8 percent. Trading activity of S&P 500 companies advanced 23 percent…
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Peregrine Pharmaceuticals (NASDAQ:PPHM) Leads Top Gainers For July In The Biotechnology Industry – (AMGN, BDSI, SRPT, SQNM, GILD, ARNA)

Shares in the biotechnology industry, which features companies such as Amgen, Inc. (NASDAQ:AMGN) and BioDelivery Sciences International, Inc. (NASDAQ:BDSI), were mixed on Monday with Peregrine Pharmaceuticals (NASDAQ:PPHM) and Sarepta Therapeutics Inc(NASDAQ:SRPT) leading gains for July. Omeros Corporation (NASDAQ:OMER) recently announced that it has discovered the proteins that activate the alternative pathway of the complement system,…
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Five Biotechnology Stocks With Better Weekly Rating Changes – (GILD, AMGN, SQNM, ARRY, ALNY, DSCO, DUSA, GENT)

Five Biotechnology stocks have scored better grades last week, according to the Portfolio Grader list. Each of these companies has an “A” representing strong buy recommendation or “B” means overall buy recommendation. Among these stocks Array Biopharma Inc (NASDAQ:ARRY) and Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) improved to an A (“strong buy”) this week while ratings of…
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Biotechnology Stocks Up With XenoPort, Inc. (NASDAQ:XNPT) On Top And StemCells, Inc. (NASDAQ:STEM) Faces Biggest Drop – (IBIO, ARNA, AMGN, GILD, GE)

Biotechnology stocks were up yesterday with XenoPort, Inc. (NASDAQ:XNPT) and Ibio Inc (AMEX:IBIO) leading gains while StemCells, Inc. (NASDAQ:STEM) faced the biggest fall. XenoPort shares boosted after pricing 6.15M of common stock at $6.50 while IBIO has formed a new alliance with General Electric Company (NYSE:GE). Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) jumped…