This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wednesday's Health Winners & Losers

After a re-examination, the patent office issued an official rejection of each of the claims in the four patents that StemCells brought against Neuralstem in its lawsuit, according to a Neuralstem press release Wednesday. StemCells fell 5 cents, or 2.4%, to $2.04, and Neuralstem closed down 3 cents, or 1%, at $3.

Other companies gave clinical and regulatory updates.

Alexza Pharmaceuticals (ALXA - Get Report) was moving in the other direction. The company said after market close on Tuesday that it expects to begin the first of two 300-patient phase III trials for iAZ-004 for acute agitation in patients with schizophrenia or bipolar disorder, late in the first quarter of 2008.

AZ-004 is being developed through Symphony Allegro, a product development collaboration formed between Alexza and Symphony Capital. Alexza shares gained 45 cents, or 5.3%, to $8.97, helping the Nasdaq biotechnology index, which was up 2.38, or 0.3%, to 847.90.

And on the approval side, the FDA said it cleared the FluMist nasal spray influenza vaccine for children between the ages of two and five. FluMist is made by MedImmune, which was recently acquired by AstraZeneca (AZN - Get Report).

AstraZeneca said MedImmune anticipates shipping FluMist with the expanded label to health care providers in the coming days so that vaccinations may be offered to eligible individuals ahead of and throughout the upcoming influenza season. AstraZeneca edged up 21 cents, or 0.4%, to $48.21.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ALXA $1.16 -0.85%
ALNY $101.62 3.80%
AGN $299.61 1.84%
AZN $31.68 3.23%
CUR $1.52 2.70%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs