Biotech Stocks Highlights: Idera Pharmaceuticals Inc, Codexis, PROLOR Biotech Inc, ShangPharma Corp

Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Idera Pharmaceuticals Inc(NASDAQ:IDRA) fell 15.48% and is trading at $0.690. Idera Pharmaceuticals, Inc. is a clinical-stage biotechnology company engaged in the discovery and development of novel synthetic deoxyribonucleic acid (DNA) - and ribonucleic acid (RNA) - based drug candidates. The Company is developing drug candidates that are designed to modulate immune responses mediated through Toll-like Receptors (TLRs).

How Should Investors Trade IDRA After The Recent Movement? Find Out Here

Codexis, Inc.(NASDAQ:CDXS) is lower 0.98% and is trading at $2.03. Codexis, Inc. provides biocatalyst and fermentation processes and products. The Company provides its customers research and development services, biocatalysts and fermentation strains, synthetic and natural products. It is a subsidiary of publicly-traded Maxygen.

Is CDXS Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

PROLOR Biotech Inc(NYSEAMEX:PBTH) fell 2.35% and is trading at $4.99. PROLOR Biotech, Inc. (Prolor) is a development-stage biopharmaceutical company, utilizing technology to develop longer-acting, versions of therapeutic proteins. The Company is using the carboxyl terminal peptide (CTP) technology to develop new versions of certain therapeutic proteins.

Is PBTH a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

ShangPharma Corp (ADR)(NYSE:SHP) is higher 0.22% and is trading at $8.92. ShangPharma Corporation (ShangPharma) is a China-based holding company. The Company is a pharmaceutical and biotechnology research and development (R&D) outsourcing company.

How Should Investors Trade SHP After The Latest Earnings Report? Find Out Here

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