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Los Angelas, CA -- (SBWIRE) -- 10/10/2012 -- Shares of Hemispherx BioPha (AMEX:HEB) are trading at $0.70 and is -8.92% from its 50-day Moving Average price of $0.7686 and +60.25% from its 200-day Moving Average price of $0.4368. The average trading volume is 2238900 shares and its market capitalization is $95.4M. Hemispherx BioPharma Inc (NYSEAMEX: HEB) decreased 11.01% and closed at $0.712 on a traded volume of 4.44 million shares. The Company has filed with ANMAT for the use of its natural-source Alferon N Injection patients with chronic hepatitis C who have become refractory to recombinant interferon as a result of the appearance of neutralizing antibodies against recombinant interferon. ANMAT is the agency responsible for the national regulation of drugs, foods and medical technology inArgentina.
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Amicus Therapeuti (NGM:FOLD) is +0.38 - +7.35% from the previous close of $5.17. It traded between $5.45 - 6.15 with total traded volume of 1916199 shares. Keep a close eye on FOLD, as the stock has been showing unusual moves over the past weeks. At Current market price, FOLD has recovered +164.29% from its 52-week Low of 2.10 and has Pulled back -23.87% from its 52-week high of 7.29. Amicus Therapeutics, Inc. (FOLD) is a company with the potential to attract a good deal of philanthropist investors.Amicus is utilizing a new technology in the development of treatments for genetic diseases. Pharmacological chaperone technology involves the use of small molecules that selectively bind to and stabilize proteins in cells, leading to improved protein folding and trafficking, and increased activity.In its Fabry program, the company is investigating the use of AT1001 to bind to destabilized ?-galactosidase A enzyme (?-GAL) and thereby restore its intended biological function.Fabry disease is a rare X-linked (inherited) lysosomal storage disease, which can cause a wide range of systemic symptoms. It is a form of sphingolipidosis, as it involves dysfunctional metabolism of sphingolipids. There has been historic difficulty in finding successful treatments for rare genetic diseases such as Fabry's. If Amicus can show successful phase III data here, it could very well be like a "Kodak" moment in medicine's war against genetic diseases -- groundbreaking.
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Aesthetics (NasdaqNM:ZLTQ) reported EPS of -1.197. For the Current Fiscal year, the company is expected to report EPS of -0.86. For the Next Quarter and Next Year, the company is expected to report EPS of -0.11 and -0.49 respectively. At Current Market Price, ZLTQ is in distance of +7.00% from its 50-day Moving Average price of $5.7477 and +13.33% from its 200-day Moving Average price of $5.4264. ZELTIQ Aesthetics, Inc. (Nasdaq:ZLTQ), a medical technology company focused on developing and commercializing products utilizing its proprietary controlled-cooling technology platform, today announced it filed a lawsuit in the United States District Court for the Middle District of Florida, Tampa Division, against Marco Hallerbach, MD, and Dr. Hallerbach & Associates, Inc., for false advertising, false designation of origin, unfair competition, trademark infringement, and unfair and deceptive trade practices. In addition, ZELTIQ simultaneously filed a motion requesting a preliminary injunction to cease Dr. Hallerbach's misleading advertising and prevent him from further use of ZELTIQ's trademarks.
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Shares of Hollywood Media C (NGM:HOLL) are trading at $1.40 and is +6.85% from its 50-day Moving Average price of $1.3103 and +14.57% from its 200-day Moving Average price of $1.2219. The average trading volume is 17985 shares and its market capitalization is $32.5M. Hollywood Media Corporation(NASDAQ:HOLL) shares climbed 15.20% to $1.44 in the early hour. On October 1, 2012, Hollywood Media received the first $7,000,000 earnout payment from Key Brand Entertainment pursuant to that certain Stock Purchase Agreement between Hollywood Media and Key Brand dated as of December 22, 2009, as amended relating to the sale of the Theatre Direct business.
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