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Stock Market News on Top Drug Stocks - ABT, NEXM, JNJ, TEVA, ANPI

Stock Market News on Drug Stocks.

 



(EMAILWIRE.COM, March 09, 2010 )
Dallas, Tx - Abbott Laboratories (NYSE:ABT) has spurted 0.84% and is trading at $54.84. The stock has a 52-week range of $41.27-$56.79. BG Medicine, Inc. announced that it has entered into an agreement with Abbott Laboratories to extend its current development and commercialization collaboration to include the development of a galectin-3 test for Abbott Point of Care’s i-STAT® System. Galectin-3 is a novel biomarker that may play a role in detecting the development and progression of heart failure.

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NexMed, Inc. (NASDAQ:NEXM) rallied 12.42% to $0.506. . The stock has a 52-week range of $0.08-$0.84. So far in the last six months trade the stock went up 166%.

Johnson & Johnson (NYSE:JNJ) climbed 0.25% to $64.36. The stock has a 52-week range of $46.25-$65.95. So far in the last six months trade the stock went up 5%.

Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ:TEVA) is amongst the top gainer in the early morning trade and soared 1.43% to $61.35 after it announced that its Board of Directors received a letter from Mr. Eli Hurvitz indicating that he wishes to be released from his duties at Teva in order to focus on his full recovery. Accordingly, Professor Moshe Many has stepped down from his role as Interim Chairman and following deliberations held by the Board of Directors and in accordance with the recommendation of the Nomination Committee, the Board has unanimously appointed its Vice Chairman, Dr. Phillip Frost, to serve as Chairman of the Board of Directors.


Angiotech Pharmaceuticals, Inc. (USA) (NASDAQ:ANPI) surged 11.32% to $1.18. . The stock has a 52-week range of $0.26-$2.94.


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