Business

Flexion Therapeutics Gets FDA Nod for Zilretta for Osteoarthritis Knee Pain – Stock Up 10%

Flexion Therapeutics Gets FDA Nod for Zilretta for Osteoarthritis Knee Pain – Stock Up 10%

Flexion Therapeutics (FLXN) said on Friday the U.S. Food and Drug Administration has approved Zilretta, intra-articular injection for osteoarthritis (OA) knee pain. The drugmaker said the drug is a non-opioid medicine using its proprietary microsphere technology to provide proven pain relief over 12 weeks. “OA knee pain presents a host of challenges for patients and clinicians alike, and there has[Read More…]

by October 11, 2017 0 comments Business
US Treasuries Prices End Slightly Lower

US Treasuries Prices End Slightly Lower

US Treasuries prices ended slightly lower Friday after the September NFP jobs report was weaker but overshadowed by upward revisions and strong AHE. In the aftermath of the data, January Fed funds moved to 98.645, or a 78% of December hike, up from 74% before the data. Initially, flows were skewed towards better Treasury sellers and payers on rate in[Read More…]

by October 11, 2017 0 comments Business
Seres Therapeutics to Advance SER-287 For Ulcerative Colitis After Study

Seres Therapeutics to Advance SER-287 For Ulcerative Colitis After Study

Seres Therapeutics (MCRB) shares fell 22% in early trade on Monday as positive topline results from a phase 1b study of SER-287 for patients with mild-to-moderate ulcerative colitis were overshadowed by clinical response data. The company said it intends to “rapidly advance” SER-287 to further development for ulcerative colitis after the study results. The study demonstrated that SER-287 resulted in[Read More…]

by October 3, 2017 0 comments Business
Asian ADRs Move Higher in Monday Trading

Asian ADRs Move Higher in Monday Trading

American depositary receipts of Asian stocks were trading 0.16% higher at 170.52 on the Bank of New York Mellon Asia ADR Index on Monday. In North Asia, the gainers were led by solar park operator Sky Solar Holdings (SKYS), and Hanwha Q Cells (HQCL), a manufacturer of photovoltaic solar cells, which rose 6.2% and 4.4% respectively. They were followed by[Read More…]

by October 3, 2017 0 comments Business, World News
European ADRs Move Lower in Monday Trading

European ADRs Move Lower in Monday Trading

American depository receipts of European stocks were trading 0.34% lower at 138.88 on the Bank of New York Mellon Europe ADR Index on Monday. In continental Europe, the gainers were led by semiconductor manufacturer STMicroelectronics (STM), and pharmaceutical company Novo Nordisk (NVO), which rose 1.4% and 1.3% respectively. They were followed by French biopharmaceutical company Cellectis (CLLS), up 1.2%, and[Read More…]

by October 3, 2017 0 comments Business, World News