Health Care

Monday's Health Winners & Losers

 

Acorda Therapeutics(ACOR) saw its shares soar after the company reported positive results from a late-stage clinical trial of its multiple sclerosis drug Fampridine-SR. The trial dealt with how the drug could advance the walking abilities of MS patients.

Acorda said the findings of three separate criteria were statistically significant. Shares of Acorda more than tripled, rising 243% to $7.62.

GPC Biotech(GPCB) and Pharmion(PHRM) were higher after a late-stage trial produced hopeful results.

GPC said certain previously treated patients with prostate cancer taking the company's lead product candidate satraplatin plus prednisone saw a 40% reduction in the risk of disease progression compared with those on a placebo and prednisone. GPC rose 35.7% to $19, and Pharmion was up 18.8% to $21.40.

Orchid Cellmark(ORCH) won contracts with the London, Kent and Sussex police forces, worth a combined $3.5 million a year, sending its shares 4.7% higher to $2.45.

Among other movers were Vertex Pharmaceuticals(VRTX), up 1% to $32, and Usana Health Sciences(USNA), up 1.5% to $45.99. Medtronic(MDT) fell 1% to $46.12, Celgene(CELG) lost 1.9% to $41.19, and Genzyme(GENZ) dipped 1.1% to $64.86.

InterMune(ITMN) was 1.6% lower to $16.50, St. Jude Medical(STJ) fell 3.1% to $34.51, Tercica(TRCA) sank 2.5% to $4.94, Hi-Tech Pharmacal(HITK) was off 2% to $13.58, and Caraco Pharmaceutical Laboratories(CPD) lost 1.6% to $10.47.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,435.57 1,315.89 2,830.09 15.81
Oil *
101.94
UP
15.71
UP
2.57
DOWN
7.27
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.81
+0.13%
+0.20%
-0.26%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet