Healthcare Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Healthcare (NYSE:XLV) sector:

Gainers (% price change)

  • OraSure Tech., Inc. (NASDAQ:OSUR): The shares closed at $8.27, up $0.74, or 9.83%, on the day. Its market capitalization is $388.83 million. About the company: OraSure Technologies, Inc. develops, manufactures, and markets medical devices and diagnostic products. The Company supplies oral fluid collection devices and assays to the life insurance industry and public health markets for the detection of antibodies to HIV. OraSure also supplies oral fluid testing solutions for drugs-of-abuse testing.
  • Achillion Pharmaceuticals (NASDAQ:ACHN): The shares closed at $5.05, up $0.42, or 9.07%, on the day. Its market capitalization is $352.08 million. About the company: Achillion Pharmaceuticals Inc. is a biopharmaceutical company that discovers and develops solutions for infectious diseases such as HIV, hepatitis, and resistant bacterial infections.
  • The Spectranetics Corp. (NASDAQ:SPNC): The shares closed at $7.62, up $0.57, or 8.09%, on the day. Its market capitalization is $255.93 million. About the company: The Spectranetics Corporation develops, manufactures, markets, and distributes its technology for interventional cardiovascular therapy. The Company’s CVX-300 excimer laser system is used in applications such as coronary angioplasty and the removal of pacemaker leads. Spectranetics is also developing other applications in restenosis stents and peripheral vascular applications.
  • Progenics Pharmaceuticals (NASDAQ:PGNX): The shares closed at $6.42, up $0.47, or 7.9%, on the day. Its market capitalization is $216.41 million. About the company: Progenics Pharmaceuticals, Inc. is a biopharmaceutical company. The Company develops and distributes therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases. Progenics’ principal programs are directed toward supportive care, virology (human immunodeficiency virus and hepatitis C virus infections), and oncology.
  • Lannett Company, Inc. (AMEX:LCI): The shares closed at $4.25, up $0.31, or 7.87%, on the day. Its market capitalization is $120.44 million. About the company: Lannett Company, Inc. manufactures and distributes pharmaceutical products under its own trade name and under generic names. The Company also distributes competitive pharmaceutical products manufactured by other companies. The principal products include antifungals, antacids, dermatological preparations, and analgesic sedatives.

Losers (% price change)

  • Neogen Corporation (NASDAQ:NEOG): The shares closed at $32.88, down $2.71, or 7.61%, on the day. Its market capitalization is $766.62 million. About the company: Neogen Corporation develops and markets products and services dedicated to food and animal safety. The Company’s diagnostic products are used by food and animal producers to test for foodborne bacteria, food allergen, natural toxins, drug and chemical residues, plant diseases, and quality assurance.
  • Optimer Pharmaceuticals (NASDAQ:OPTR): The shares closed at $15.45, down $0.65, or 4.04%, on the day. Its market capitalization is $720.02 million. About the company: Optimer Pharmaceuticals, Inc. discovers, develops, and commercializes anti infective products. Optimer’s initial development efforts address products that treat gastrointestinal infections (GI), and related diseases, including diminished efficacy, serious adverse side effects, drug-to-drug interactions, difficult patient compliance, and bacterial resistance.
  • Simcere Pharmaceutical (NYSE:SCR): The shares closed at $9.05, down $0.35, or 3.72%, on the day. Its market capitalization is $487.83 million. About the company: Simcere Pharmaceutical Group manufactures and supplies branded generic pharmaceuticals to the China market. The Company’s products include antibiotics, anti-cancer medications and anti-stroke medications.
  • Hansen Medical, Inc. (NASDAQ:HNSN): The shares closed at $3.42, down $0.12, or 3.39%, on the day. Its market capitalization is $187.70 million. About the company: Hansen Medical, Inc. develops and manufactures medical robotics designed for positioning, manipulation and control of catheters and catheter-based technologies.
  • Dendreon Corporation (NASDAQ:DNDN): The shares closed at $9.87, down $0.3, or 2.95%, on the day. Its market capitalization is $1.47 billion. About the company: Dendreon Corporation discovers and develops immunologically based therapeutic products for the treatment of cancer. The Company combines knowledge in immunology and antigen engineering with proprietary cell separation technologies to develop therapeutic vaccines that induce cell-mediated immunity, the body’s key defense against cancer.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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