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Scottsdale, AZ -- (SBWIRE) -- 01/31/2013 -- ArcaBiopharmaInc (NASDAQ:ABIO), a biopharmaceutical company, reported an update on a planned, genetically-targeted clinical trial in atrial fibrillation of the Company’s lead developmental drug, Gencaro (bucindolol hydrochloride). The Company also declared that Medtronic, Inc., a leader in medical technologies to increase the treatment of chronic diseases, including cardiac rhythm disorders, has contracted a non-binding Letter of Intent of agreement to work together on the preliminary, Phase 2B portion of the proposed trial.
In the mid-day trading hours, ArcaBiopharma Inc (NASDAQ:ABIO) reported the gain of +31.81% to $0.900 with the total traded volume of 3.67 million shares. Stock price 52 weeks high was $1.15 and 52 weeks low price was $0.23.
For How Long ABIO’s Gloss will Attract Investors? Find out via this report
HemispherxBioPharma, Inc (NYSEAMEX:HEB) surged +4.66% to $0.317 in the mid-day with the total traded volume of 3.53 million shares. Its fifty two week range was $0.23-$1.10. The total market capitalization remained $47.81million.
HEB is ahead its 52 week low with 0.82% and its last month price volatility remained 10.47%. Its beta coefficient was 1.24. HEB has insider ownership of 0.98% with its institutional ownership remained 4.85%. Company’s current year earnings per share grew with 32.10% while the five year EPS growth rate was +12.65%.
Will HEB Continue To Move Higher? Find Out Here
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) moved up +3.46% to $8.38 in the mid-day trading hours and its total traded volume was 3.93 million shares. ARNA has outstanding shares of $217.29 million with the total market cap of 1.82 billion and its beta value stands at 0.24 times. Arena Pharmaceuticals, Inc. (Arena) is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs
CEL-SCI Corporation (NYSEAMEX:CVM) jumped +3.14% to $0.282 in the mid-day trading session with the total traded volume of 3.67 million shares more than the average volume of 1.10 million. CVM has market cap of 77.18 million. Stock price 52 weeks high was $0.65 and 52 weeks low price was $0.26.
Why Should Investors Buy CVM After The Recent Gain? Just Go Here and Find Out
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