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Top Biotechnology Stocks today - VVUS, BCRX, NVAX

VIVUS, BioCryst , Novavax, were the Top Biotech Stocks today.

 



(EMAILWIRE.COM, October 27, 2009 ) Dallas, TX - VIVUS, Inc. (NASDAQ:VVUS) surged 6.75% or $0.62 to close at $9.80 on an unusual massive volumes of over 21.66 million shares after it presented further information about its drug candidates at a medical conference. The company said patients who took its drug candidate, Qnexa, lost about 11 percent of their body weight. It showed the weight loss was consistent regardless of the patients' body mass index reading at the start of the trial: patients who were morbidly obese lost about the same percentage of their weight as patients who were moderately obese. VIVUS, Inc. is a pharmaceutical company focused on the development and commercialization of therapeutic products.

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) climbed 13.25% or $1.28 to end the day`s trade at $10.94 on a massive volume of 12.36 million shares after it announced that the U.S. Food and Drug Administration (FDA), in response to a request from the U.S. Centers for Disease Control and Prevention (CDC), has issued an emergency use authorization (EUA) for the investigational anti-viral drug intravenous (i.v.) peramivir in certain adult and pediatric patients with confirmed or suspected 2009 H1N1 influenza infection who are admitted to a hospital.

Novavax, Inc. (NASDAQ:NVAX) was one of the most active gainers with huge volumes. The stock climbed more than 9.16% to close at $4.41 with a massive volume of 7.65 million shares being in trade today. The stock made an intraday high of $4.49 and an intraday low of $4.18 respectively. So far the stock prices jumped over 208% in last six months of trade. Novavax, Inc. (Novavax) is a clinical-stage biopharmaceutical company focused on creating differentiated, value-added vaccines that improve upon preventive options for a range of infectious diseases.

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