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Biotech News Forecast (NASDAQ:VRTX, NASDAQ:BIIB, NASDAQ:ILMN, NASDAQ:ALXN)

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Los Angelas, CA -- (SBWIRE) -- 02/15/2013 -- Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) closed 1.76% down to finish the day at $45.66. TheStreet Ratings currently has a sell rating on the stock. The firm notes that VRTX’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, worsening profit and unsatisfactory ROE.

Vertex Pharmaceuticals Incorporated is in the business of discovering, developing, manufacturing and commercializing small molecule drugs for the treatment of serious diseases.

Is VRTX Showing Any Sign of Buy At The Current Market Price? Find Out Here

Biogen Idec Inc. (NASDAQ:BIIB) edged down after a report that 8 executives at the company cashed in a total of $4.19 million in stock after more than $10.3 million in restricted shares were set free to sell last week, according to filings with the Securities and Exchange Commission on Tuesday.

Biogen Idec Inc. is a global biotechnology company. The Company discovers, develops, manufactures and markets therapies for the treatment of neurodegenerative diseases, hemophilia and autoimmune disorders.

What Are BIIB’s Charts Signaling For Traders? Find Out Here

Illumina, Inc. (NASDAQ:ILMN) continued to fall after the gene-sequencing equipment maker and nine of its board members were sued in New York over its denial of a $6.7 billion proposal offer from Roche Holding AG.

Illumina, Inc. is a developer and manufacturer of life science tools and integrated systems for the analysis of genetic variation and function. The Company provides a line of genetic analysis solutions, with products and services that serve a range of interconnected markets, including sequencing, genotyping, gene expression, and molecular diagnostics.

Will New Regulations Weigh over ILMN Revenue Stream? Find Out Here

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) gapped up but lost 4.76% on Thursday after the company released financial results and an update on its FY13 earnings guidance.

Alexion Pharmaceuticals, Inc. is a biopharmaceutical company focused on serving patients with severe and ultra-rare disorders through the development and commercialization of life-transforming therapeutic products.

Is ALXN a Solid Investment at These Levels? Find Out Here

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