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Drug Makers Stocks on Investors' Radar -- Synergy Pharma, Novo Nordisk, Sucampo Pharma, and Pernix Therapeutics

NVO

PR Newswire

NEW YORK, January 20, 2017 /PRNewswire/ --

Stock-Callers.com today evaluates the following Drug Manufacturers equities: Synergy Pharmaceuticals Inc. (NASDAQ: SGYP), Novo Nordisk A/S (NYSE: NVO), Sucampo Pharmaceuticals Inc. (NASDAQ: SCMP), and Pernix Therapeutics Holdings Inc. (NASDAQ: PTX). These stocks belong to the Healthcare sector which fell on Thursday, January 19th, 2017, finishing near its session lows. As per a NASDAQ report, the NYSE Health Care Index dropped over 0.7%, while shares of health care companies in the S&P 500 also were down 0.6% as a group. Learn more about these stocks by downloading their comprehensive and free reports at: http://stock-callers.com/registration

Synergy Pharma
 

New York headquartered Synergy Pharmaceuticals Inc.'s shares declined 1.84%, closing Thursday's trading session at $6.41. The stock recorded a trading volume of 4.11 million shares. Shares of the Company have advanced 23.98% in the last month, 21.17% over the previous three months, and 5.25% on an YTD basis. The stock is trading 14.86% above its 50-day moving average and 40.42% above its 200-day moving average. Additionally, shares of Synergy Pharma, which focuses on the development of drugs to treat gastrointestinal disorders and diseases, have a Relative Strength Index (RSI) of 57.72.

On January 05th, 2017, research firm Oppenheimer initiated an 'Outperform' rating on the Company's stock.

On January 19th, 2017, Synergy Pharmaceuticals announced that the US FDA has approved TRULANCE™ (plecanatide) for the treatment of adults with chronic idiopathic constipation. TRULANCE is the first drug designed to replicate the function of uroguanylin, a naturally occurring and endogenous human gastrointestinal peptide that is thought to stimulate fluid secretion which results in a stool consistency associated with more regular bowel function. SGYP complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=SGYP


Novo Nordisk  

On Thursday, shares in Bagsvaerd, Denmark headquartered Novo Nordisk A/S recorded a trading volume of 1.44 million shares. The stock dropped 1.14%, ending the day at $35.63. The Company's shares have advanced 0.03% in the last month. The stock is trading above its 50-day moving average by 2.75%. Furthermore, shares of Novo Nordisk, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, have an RSI of 51.55.

On December 05th, 2016, Novo Nordisk announced the submission of a New Drug Application (NDA) to the US FDA for semaglutide, a glucagon-like peptide-1 (GLP-1) analog administered once-weekly, for the treatment of adults with type-2 diabetes. The Company also submitted a Marketing Authorization Application to the European Medicines Agency for semaglutide. The complimentary report on NVO can be downloaded at:

http://stock-callers.com/registration/?symbol=NVO


Sucampo Pharma  

Rockville, Maryland headquartered Sucampo Pharmaceuticals Inc.'s stock finished the day 2.80% lower at $11.45 with a total trading volume of 749,292 shares. The Company's shares are trading below their 200-day moving average by 7.31%. Shares of the Company, which focuses on the research and development of proprietary drugs for the treatment of gastrointestinal, ophthalmic, autoimmune, and oncology-based inflammatory disorders in the US, Japan, Switzerland, and internationally, have an RSI of 28.19.

On December 22nd, 2016, research firm Mizuho upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $16 per share.

As per a SEC filing dated December 27th, 2016, Sucampo Pharmaceuticals on December 27th, 2016, issued $300.0 million aggregate principal amount of its 3.25% Convertible Senior Notes due 2021 (to Leerink Partners LLC (Initial Purchaser), who subsequently resold the Notes to qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act of 1933, as amended. The Company estimates that the net proceeds from the Note Offering will be $290.4 million, after deducting the Initial Purchaser's discount and estimated offering expenses. Concurrently with the closing of the Note Offering, the Company intends to use the net proceeds from the Note Offering to repay in full approximately $238.4 million due under the Company's senior secured credit facility, including all accrued but unpaid interest and a prepayment premium. Sign up for your complimentary research report on SCMP at:

http://stock-callers.com/registration/?symbol=SCMP


Pernix Therapeutics  

Shares in Morristown, New Jersey headquartered Pernix Therapeutics Holdings Inc. ended yesterday's session 7.87% lower at $2.81. The stock recorded a trading volume of 441,930 shares. The Company's shares have advanced 44.85% since the start of this year. The stock is trading 92.78% above its 200-day moving average. Moreover, shares of Pernix Therapeutics, which develops, manufactures, markets, and sells pharmaceutical products, have an RSI of 49.31.

On January 06th, 2017, Pernix Therapeutics announced the appointment of Ken Piña as Senior Vice President, General Counsel, and Chief Compliance Officer. Mr. Piña will report directly to John Sedor, Chairman and CEO, and will serve as the Company's senior in-house counsel, overseeing the legal and compliance area, and establishing legal and compliance strategies. Get free access to your research report on PTX at:

http://stock-callers.com/registration/?symbol=PTX

--

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