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New York, NY -- (SBWIRE) -- 12/04/2012 -- Galena Biopharma, Inc. (NASDAQ:GALE), a medical organization focused on creating impressions, focused oncology therapies, these days declared it has finalized a contract with an additional of Teva Drug Sectors Restricted for the commercialization of NeuVax™ (nelipepimut-S or E75) in Israel. "This contract is the first item of our international commercialization technique," said Level Ahn, Ph.D., Chief professional and Primary Executive Official, Galena Biopharma. GALE is +0.26 - +12.75% from the past close of $2.04. It exchanged between $2.25 - 2.43 with complete exchanged numbers of 4015755 stocks. At Current Market Cost, GALE is in the range of +21.17% from its 50-day Going Regular cost of $1.8982 and +34.93% from its 200-day Going Regular cost of $1.7046.
Will GALE Recovery After The present Slump? Discover Out Here
Johnson & Johnson (NYSE:JNJ) are a having organization. The Company, along with its subsidiaries, is involved in the research and development, produce and sale of an assortment in the medical care field. The Company functions in three segments: Customer, Drug, and Medical Devices and Diagnostics. During the financial year finished Jan 1, 2012 (fiscal 2012), the Business's subsidiaries managed 139 production features using roughly 21.8 million sq ft of floor area.
Johnson & Johnson revealed EPS of 3.053. For the Present Financial season, the organization is predicted to review EPS of 5.09. For the Next One fourth and Next Year, the organization is predicted to review EPS of 1.38 and 5.49 respectively. At Present Industry Cost, JNJ is in the range of +0.24% from its 50-day Going Regular cost of $70.1345 and +3.52% from its 200-day Going Regular cost of $67.9098.
Can JNJ Increase Rally? No cost indication up here
CEL-SCI Corporation (NYSE:CVM), a late-stage oncology company, has joined into a specified contract to offer 35 thousand stocks of its typical stock at a cost per discuss of $0.30 in an authorized immediate providing to institutional traders, comprising total continues of roughly $10.5 thousand.
The traders will also get should get to purchase up to 26.25 thousand stocks of CEL-SCI Businesses typical stock. They should get have a work out cost of $0.40 per discuss, are not exercisable for six several weeks from the close of the deal and have a phrase of work out of 4 years from the time frame of issuance. The ending of the providing is predicted to take place on or before Saturday, Dec 7, 2012, topic to the fulfillment of traditional ending circumstances. CEL-SCI Organization programs to use the net continues for CEL-SCI's common and management costs and for CEL-SCI's Level III medical test including its investigational product Multikine.
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Stocks of Geron Corporation (NASDAQ:GERN) increased about 5% on Thursday after it removed that it has ceased creating its treatment for mind malignancies, and will decrease its workforce and recover its primary financial official.
The drug company revealed that it is designed to cut its workforce by 40 percent to 64 full-time roles. It anticipates decreasing its yearly cash managing expenses from around $65 thousand this year to about $33 thousand in 2013, which consists of nonrecurring expenses of around $3M related with the reorientating and about $3 thousand for the stopping of scientific studies.
Geron Corp (NASDAQ:GERN) 27% LOWER; stopped growth of GRN1005, its peptide-drug conjugate designed to cure malignancies in the mind. The company also declared a reorientating to decrease its employees from 107 roles to 64 full-time roles, and to decrease its yearly cash managing costs from roughly $65 thousand this year to roughly $33 thousand in 2013.
Can GERN Recover? Discover Out Here
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