(EMAILWIRE.COM, October 17, 2009 ) Dallas, TX -Targacept , Inc. (NASDAQ:TRGT) was one of the top movers of today`s as it rallied 15.93% to close at $23.29 on over 1.70 million shares trade after Needham & Co upgrades Targacept Inc. form Hold to Buy with a $26 price target, after the company presented impressive results from the Phase 2b TC5214 trial in depression yesterday. Targacept, Inc. is a biopharmaceutical company engaged in the design, discovery and development of neuronal nicotinic receptors Therapeutics for the treatment of multiple diseases and disorders of the central nervous system.

China Medical Technologies, Inc. (ADR) (NASDAQ:CMED) was among the most active gainers in trade today. The stock opened the day`s trade at $16.75 and has rallied 3.46% to end the day`s trade at $17.36 on over 816K shares after on no news. The stock made an intraday high of $17.70 and an intraday low of $16.40 respectively. So far the stock prices declined 4% in last six months of trade. China Medical Technologies, Inc. is a People’s Republic of China-based medical device company, which develops, manufactures and markets advanced immunodiagnostic and molecular diagnostic products utilizing enhanced chemiluminescence immunoassay technology, fluorescent in situ hybridization technology and surface plasmon resonance technology.

China-Biotics Inc. (NASDAQ:CHBT) surged 7.25% or $1.19 to close at $17.61 in trade today on over 615K shares. The stock made an intraday high of $17.96 and an intraday low of $16.40 respectively. So far the stock prices jumped up by 109% in last six months of trade. China-Biotics, Inc. is engaged in the research, development, production, marketing and distribution of probiotics products, which are products that contain live microbial food supplements, which beneficially affect the host by improving its intestinal microbial balance.

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