Hot Stocks: Celldex Therapeutics, Inc. (NASDAQ:CLDX), NPS Pharmaceuticals, Inc.(NASDAQ:NPSP), Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)
Lakeway, NY — (MARKET NEWS CALL) — 11/22/2013 — Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on NPS Pharmaceuticals, Inc.(NASDAQ:NPSP), Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), Celldex Therapeutics, Inc. (NASDAQ:CLDX).
NPS Pharmaceuticals, Inc.(NASDAQ:NPSP) shares fell 0.26% to $23.29. The company on Nov. 20 announced that it has been named one of New Jersey’s 50 Fastest Growing Companies of 2013 by NJBIZ, the state’s premier business news publication. “Being recognized as one of the 50 Fastest Growing Companies in New Jersey is a great honor and a testament to our remarkable growth,” said Francois Nader, M.D., president and chief executive officer of NPS Pharmaceuticals. “It’s an exciting time to be a part of the NPS team as we enter our next phase of growth to become a premier global orphan drug company and continue to work hard each day to bring innovative therapies to patients suffering from rare diseases around the world.”
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) shares jumped 1.67% to $66.23. The company on Nov. 20 said it is selling its product royalty rights for the hepatitis C treatment Incivo for $152 million to Johnson & Johnson subsidiary Janssen Pharmaceutica. Vertex said that Janssen will make the cash payment in the fourth quarter and then stop paying royalties in 2014. Cambridge, Mass.-based Vertex plans to use the money to bolster its drug development pipeline, including its research into cystic fibrosis.
Celldex Therapeutics, Inc. (NASDAQ:CLDX) shares increased 5.58% to $26.09. The company on Nov. 11 announced that preliminary data from “ReACT: a Phase 2 Study of Rindopepimut Vaccine (CDX-110) Plus Bevacizumab in Relapsed Glioblastoma”, was published in the 2013 abstract supplement to the journal Neuro-Oncology; abstracts were also published online at http://neuro-oncology.oxfordjournals.org/. Data included in the abstract were as of the time of submission (May 2013) and more comprehensive, updated data from the study will be presented by David Reardon, MD, Clinical Director, Center for Neuro-Oncology, Dana Farber Cancer Center and Associate Professor of Medicine, Harvard Medical School during an oral session on Sunday, November 24 from 10:20 am to 12:00 pm PT at the 4th Quadrennial Meeting of the World Federation of Neuro-Oncology held in conjunction with the 18th Annual Meeting of the Society for Neuro-Oncology in San Francisco, CA.
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