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MNKD, ONTY, ACAD were Biggest NASDAQ Gainers Stocks : by Penny Stock Pick Alert

Biggest NASDAQ Gainers Stocks were MannKind Corporation, Oncothyreon and ACADIA Pharmaceuticals as reported by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 11, 2009 ) Dallas, TX- MannKind Corporation (NASDAQ:MNKD) climbed up over 5.96% to close at $6.58 on a volume of 2.88 million shares. The stock hit an intraday high and an intraday low of $6.75 and $6.21 respectively. In the last six months the stock went up over 4%. MannKind Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diseases, such as diabetes and cancer.
Oncothyreon Inc. (NASDAQ:ONTY) soared 5.98% to $5.32 on over 1.54 million shares. The stock hit an intraday high and an intraday low of $5.73 and $5.05 respectively. In the last six months the stock went up over 36%. Oncothyreon Inc. is a clinical-stage biopharmaceutical company. The Company focuses primarily on the development of therapeutic products for the treatment of cancer. The Company’s cancer vaccines are designed to stimulate the immune system to attack cancer cells, while its small molecule compounds are designed to inhibit the activity of specific cancer-related proteins.

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) surged 13.67% to end the day at $1.58 after the company said on Monday its third-quarter loss narrowed on lower costs and a boost in revenue from its drug development partners. The development-stage biopharmaceutical company lost $8.7 million, or 23 cents per share, compared with a loss of $15.6 million, or 42 cents per share, during the same period a year prior. Revenue surged to $2.4 million from $282,000, mainly on the company's collaboration with Biovail. Analysts expected a loss of 24 cents per share.

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