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Healthcare Stocks Top Losers (AZN, PARD, CBRX)

Healthcare Stocks Losers by PennyStockPickalert.com.

(EMAILWIRE.COM, January 29, 2010 ) Dallas, Tx - AstraZeneca plc (ADR) (NYSE:AZN) declined 5.26% to $47.03 on 6.50 million shares after Reuters reported that AstraZeneca PLC gave a downbeat forecast for fiscal 2010 and sought to ease pressure on its stock with a share buyback and job cuts. The Company said it saw earnings per share (EPS) for fiscal 2010 in a range of $5.75-$6.15 and said revenue would be hit by the expected loss of market exclusivity for some key drugs in the United States.

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Poniard Pharmaceuticals, Inc. (NASDAQ:PARD) plunged 5.62% to $1.68 on 2.48 million shares. The stock hit an intraday high and an intraday low of $1.80 and $1.66 respectively. In the last six months the stock went down over 76%. Poniard Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of cancer therapy products. Its lead product candidate is picoplatin, a platinum-based cancer therapy.

Columbia Laboratories Inc. (NASDAQ:CBRX) decreased 8.39% to $1.31. The stock hit an intraday high and an intraday low of $1.43 and $1.14 respectively. In the last six months the stock went up over 13%. Columbia Laboratories, Inc. is engaged in the business of developing, manufacturing and selling pharmaceuticals products that utilize its bioadhesive drug delivery technologies.

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