Shares of Aerie Pharmaceuticals (AERI) - Get Aerie Pharmaceuticals, Inc. Report jumped 37.4% to $55.65 in premarket trading on Thursday. The Irvine, Calif.-based firm after the market close on Wedneday unveiled positive topline efficacy results in a phase three study of Roclatan, an eye drop combining Rhopressa (netarsudil ophthalmic solution) with prostaglandin analogue (PGA) latanoprost.
Puma Biotechnology (PBYI) - Get Puma Biotechnology, Inc. Report shares continue rising after the company's breast cancer treatment neratinib received a recommendation late Wednesday for FDA approval from the agency's Oncologic Drugs Advisory Committee. Thursday the shares were up 1.27% to $75.90 in pre-market trading. The shares are up dramatically since Friday, when they closed at $37.80.
Meanwhile, shares of BioCryst Pharmaceuticals (BCRX) - Get BioCryst Pharmaceuticals, Inc. Report rose 19.1% to $6.11. The Research Triangle Park, N.C.-based firm on Thursday announced additional positive results from a second interim analysis of a phase two study of BCX7353 as a preventative treatment to reduce the frequency of attacks in patients with hereditary angioedema.
Other biotech movers include GW Pharmaceuticals (GWPH) - Get GW Pharmaceuticals Plc Report , whose American depository receipts were up 4.4% to $111. The London firm, together with its U.S. subsidiary Greenwich Biosciences, said Wednesday that The New England Journal of Medicine has published results from a phase three study of Epidiolex (cannabidiol) in children with Dravet syndrome.
Jim Cramer and the AAP team give their analysis of the Federal Reserve's May policy meeting minutes. Find out what they are telling their investment club members. Get a free trial subscription to Action Alerts PLUS.
Read More Trending Articles:
- Bullish Puma Investor Talks Neratinb FDA Panel Win, Next Steps and Takeout Potential
- Best Buy's Stock Is Blowing Up After Massive Earnings Beat - What You Quickly Need to Know
- Staples Rejects Takeover Bid From Cerberus Capital
- Step Away From the Ledge: Cramer's 'Mad Money' Recap (Wednesday 5/24/17)