(EMAILWIRE.COM, February 09, 2010 ) Dallas, Tx - Cell Therapeutics, Inc. (NASDAQ:CTIC) lost 40.64% to $0.629 on an unusual volume of 116.93 million shares. The stock hit an intraday high and an intraday low of $0.93 and $0.53 respectively. In the last six months the stock went down over 58%. Cell Therapeutics, Inc. develops, acquires and commercializes treatments for cancer. The Company’s research, development, acquisition and in-licensing activities concentrate on identifying and developing new, less toxic and effective ways to treat cancer.

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Novavax, Inc. (NASDAQ:NVAX) fell 5.86% to $2.09 on 3.11 million shares after the company announced today that it has decided to discontinue negotiations in its pursuit of the previously announced collaboration with ROVI Pharmaceuticals to develop Novavax’s virus-like-particle based vaccines against influenza in the country of Spain.

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) decreased 1.64% to $19.17 on 2.62 million shares after the company was downgraded by Brean Murray to Hold from Buy. The stock hit an intraday high and an intraday low of $19 and $18.35 respectively. In the last six months the stock went up over 17%.

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