Halozyme Therapeutics and Zalicus Recent Movers in a Booming Industry
August 09 2012 - 8:20AM
Marketwired
The Biotechnology Industry has been soaring in 2012 as companies --
both large and small -- have shown impressive growth. The SPDR
S&P Biotech ETF (XBI) and the First Trust NYSE Arca Biotech
Index ETF (FBT) are up roughly 32 percent for the year,
outperforming the broader market by a wide margin. The Paragon
Report examines investing opportunities in the Biotechnology
Industry and provides equity research on Halozyme Therapeutics,
Inc. (NASDAQ: HALO) and Zalicus Inc. (NASDAQ: ZLCS).
Access to the full company reports can be found at:
www.ParagonReport.com/HALO www.ParagonReport.com/ZLCS
Despite having to negotiate a more challenging regulation
process biotech companies have continued to show investors strong
gains in 2012. The FDA Amendments Act of 2007 forced regulators to
increase standards for approvals of new drugs, introducing
mandatory risk evaluation and mitigation strategies. According to a
Pharmaceuticals & Biotechnology report from IMAP, several
pharmaceutical firms have altered their drug portfolios from
primary care driven blockbusters towards specialties such as
oncology, immunology and inflammation, where the medical need is
"so high that prices are more easily accepted by the
regulators."
Paragon Report releases regular market updates on the
Biotechnology Industry so investors can stay ahead of the crowd and
make the best investment decisions to maximize their returns. Take
a few minutes to register with us free at www.ParagonReport.com and
get exclusive access to our numerous stock reports and industry
newsletters.
Halozyme Therapeutics' research focuses primarily on a family of
human enzymes, known as hyaluronidases, which increase the
absorption and dispersion of biologics, drugs and fluids. Shares of
the company soared 25 percent on Tuesday reported second quarter
2012 earnings.
Zalicus is a biopharmaceutical company that discovers and
develops novel treatments for patients suffering from pain and
immuno-inflammatory diseases. The company reported that for the
second quarter 2012 revenue was $2.9 million compared to $1.8
million for the second quarter 2011. Shares of the company surged
nearly 12 percent Tuesday.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at: http://www.paragonreport.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine