Teva Pharmaceuticals (NYSE:TEVA) and Active Biotech’s (ATVBF.PK) Laquinimod performed well in a Phase IIa trial of patients suffering with moderate to severe Crohns disease. The medication had a “robust, early and consistent effect on remission” and in response rates compared with a placebo. In addition, Laquinimod was well-tolerated.
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Supernus Pharmaceuticals (SUPN) spiked at the open but gave back the entire gain, even though it won FDA approval for its epilepsy treatment, Oxtellar XR, which is a once-daily extended release formulation of oxcarbazepine.
Nasdaq has notified Aeterna Zentaris (NASDAQ:AEZS) that it regains compliance with its minimum bid price rule. However, investors apparently took little notice.
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