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) -- Adam Feuerstein's take on the biotech week that ended Nov. 12, 2010:

The week's best-performing stocks in the sector:

Aastrom Biosciences



AspenBio Pharma







(VRML) - Get Vermillion Inc. Report

(+26%) and

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TheStreet Recommends

Genomic Health

(GHDX) - Get Genomic Health, Inc. Report


Is it any coincidence that Aastrom filed a $75 million mixed shelf registration Friday?

Human Genome Sciences

( HGSI):

FDA Reviews Lupus Drug

The week's worst-performing stocks:


(SRDX) - Get Surmodics Inc Report



( EPCT) (-28%),




Angiotech Pharmaceuticals

( ANPI) (-21%) and

Repros Therapeutics



Cadence Pharmaceuticals


sold 11.5 million shares at $8, raising $86 million to fund commercial launch of Ofirmev, a hospital-based intravenous form of acetameniphan.

> > Bull or Bear? Vote in Our Poll


(ATHX) - Get Athersys, Inc. Report

received FDA clearance to start phase II study of Multistem stem cell therapy for inflammatory bowel disease.

Arena Pharma

(ARNA) - Get Arena Pharmaceuticals, Inc. Report


'Marginal' Obesity Drug Now Unsafe?

Research abstracts for

American Society of Hematology

annual meeting were

posted online



(CERS) - Get Cerus Corporation Report

priced 7.37 million stock units (stock and warrants) at $2.85 a unit, raising $20 million.

FDA cleared



to begin human clinical trials of antibiotic PMX-30063.

Osiris Therapeutics

(OSIR) - Get Osiris Therapeutics, Inc. Report

Drags Feet on U.S. Approval Filing



filed for FDA approval of an expansion to its Provenge manufacturing plant in New Jersey, while the Centers for Medicare and Medicaid (CMS) released the technical assessment of Dendreon's Provenge ahead of next week's National Coverage Determination meeting.


( MITI) sold 9.9 million shares at $7.30, raising $72 million.

This week's

Biotech Stock Mailbag




, Arena Pharmaceuticals,


(AMRN) - Get Amarin Corp. Plc Report

, and Osiris Therapeutics.


preview of next week's important regulatory meetings

facing Human Genome Sciences, Dendreon and

MELA Sciences



Human Genome: Benlysta FDA Panel Preview


(GSK) - Get GlaxoSmithKline Plc Report

Lawyer Indicted for Obstructing the FDA

(via Pharmalot)

European Drug Approval Agency Looking for new leader

(via invivo blog)

--Written by Adam Feuerstein in Boston.

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Adam Feuerstein


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Adam Feuerstein writes regularly for In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback;

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