Healthcare Sector Review: Winning and Losing Stocks on Oct 14th

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

Gainers (% price change)

  • China Medical Tech., Inc (NASDAQ:CMED): The shares closed at $5.50, up $0.57, or 11.56%, on the day. Its market capitalization is $177.47 million. About the company: China Medical Technologies, Inc. is a medical device company. The Company develops, manufactures, and markets products using high intensity focused ultrasound, or HIFU, for the treatment of diseases and disorders. China Medical Technologies, Inc. is based in Beijing.
  • Dendreon Corporation (NASDAQ:DNDN): The shares closed at $9.84, up $0.84, or 9.33%, on the day. Its market capitalization is $1.46 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.
  • Vertex Pharmaceuticals (NASDAQ:VRTX): The shares closed at $43.88, up $3.64, or 9.05%, on the day. Its market capitalization is $9.13 billion. About the company: Vertex Pharmaceuticals Incorporated discovers, develops, and commercializes novel, small molecule pharmaceuticals for the treatment of diseases for which there are currently limited or no effective treatments. The Company is developing drugs for the treatment of viral diseases, multidrug resistance in cancer, inflammatory and autoimmune diseases, and neurodegenerative diseases.
  • Dynavax Tech. Corp. (NASDAQ:DVAX): The shares closed at $2.44, up $0.2, or 8.93%, on the day. Its market capitalization is $301.14 million. About the company: Dynavax Technologies Corporation discovers, develops, and is seeking to commercialize products based on immunostimulatory sequences. The Company is developing products to treat and prevent allergies, infectious diseases, and chronic inflammatory diseases using approaches that alter immune system responses in specific ways.
  • Akorn, Inc. (NASDAQ:AKRX): The shares closed at $8.88, up $0.69, or 8.42%, on the day. Its market capitalization is $840.42 million. About the company: Akorn, Inc. develops, manufactures, and markets ophthalmic and injectable pharmaceutical products. The Company sells various diagnostic and therapeutic pharmaceutical products focused primarily on ophthalmology, anesthesia, antidotes, and rheumatology. Akorn also markets ophthalmic surgical instruments and other supplies, and provides contract manufacturing for third parties.

Losers (% price change)

  • MEDTOX Scientific, Inc. (NASDAQ:MTOX): The shares closed at $12.51, down $1.23, or 8.95%, on the day. Its market capitalization is $111.56 million. About the company: MEDTOX Scientific, Inc. provides laboratory and on-site/point-of-care testing devices. The Company also supports customers with complete logistics, data and program management services. MEDTOX develops and manufactures diagnostic devices for drugs of abuse, therapeutic drugs, and agricultural toxins and provides employment drug screening and occupational health testing.
  • Metabolix, Inc. (NASDAQ:MBLX): The shares closed at $4.53, down $0.35, or 7.17%, on the day. Its market capitalization is $154.39 million. About the company: Metabolix, Inc. produces biobased, biodegradable, natural plastics and chemicals.
  • Incyte Corporation (NASDAQ:INCY): The shares closed at $14.98, down $1.09, or 6.78%, on the day. Its market capitalization is $1.89 billion. About the company: Incyte Corporation is using its expertise in genomics and medicinal chemistry, as well as molecular, cellular, and in vivo biology to discover and develop novel therapeutics. The Company has drug discovery programs underway focused on the identification of new small molecule drugs for cancer and inflammation.
  • MannKind Corporation (NASDAQ:MNKD): The shares closed at $3.39, down $0.19, or 5.31%, on the day. Its market capitalization is $443.99 million. About the company: MannKind Corporation is a biopharmaceutical company focused on the development and commercialization of therapeutic products for diseases such as diabetes, cancer, inflammatory and autoimmune diseases. The Companys lead investigational product candidate is the Technosphere Insulin System.
  • Almost Family, Inc. (NASDAQ:AFAM): The shares closed at $17.85, down $1, or 5.31%, on the day. Its market capitalization is $167.22 million. About the company: Almost Family, Inc. provides adult day health services to older and special needs adults as an alternative to nursing home placement. The Company also operates a visiting nurse service.

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

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