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Los Angelas, CA -- (SBWIRE) -- 10/05/2012 -- Vringo, Inc. (Vringo) is a development-stage company.The Company is engaged in developing software for mobile phones. It provides a platform, which allows users to create, download and share mobile entertainment content in the form of video ringtones for mobile phones.Shares of Vringo, Inc.Comm (AMEX: VRNG) are trading at $5.25 and is +54.19% from its 50-day Moving Average price of $3.4049 and +55.42% from its 200-day Moving Average price of $3.3779. The average trading volume is 4340080 shares and its market capitalization is $176.8M.Vringo Inc (NYSEAMEX: VRNG) surged up 14.19% to $4.92 At a traded volume of 8.22 million shares. The stock is up after a federal judge removed one of the last hurdles that could have stopped the Company from going to trial October16. Vringo filed a patent suit against Google Inc and others. The judge threw out the defendants’ motion for summary judgment, which could have prevented a trial.
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ArQule, Inc. is a clinical-stage biotechnology company engaged in the research and development of cancer therapeutics. It employs technologies, such as its ArQule Kinase Inhibitor Platform to design and develop drugs. Its product is ARQ 197, an orally administered inhibitor of the c-Met receptor tyrosine kinase (c-Met). C-Met is a target for cancer therapy, based on its multiple roles in cancerous cell proliferation, tumor spread, new blood vessel formation and resistance to certain drug therapies. It has licensed commercial rights to ARQ 197 for human cancer indications to Daiichi Sankyo in the United States, Europe, South America and the rest of the world, excluding Japan and other Asian countries, where it has licensed commercial rights to Kyowa Hakko Kirin.Shares of ArQule, Inc. (NASDAQ: ARQL ) slid -56.31% and closed at $2.18 with the total traded volume of 27.24 million shares. Stock was opened at $1.99 and its shares were trading within the range of $1.98-$2.33. ARQL has earnings per share of -$0.07.
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Neuralstem, Inc. is focused on developing and commercializing of treatments for central nervous system disease based on transplanting human neural stem cells and small molecule drugs.The Company has developed and maintain a portfolio of patents and patent applications that form the base of its research and development efforts in the areas of neural stem cell research, small molecule research, and related technologies. The Company has also developed and patented a series of small molecule compoundsNeuralstem, Inc. (AMEX: CUR ) are trading at $1.28 and is +41.77% from its 50-day Moving Average price of $0.9029 and +35.69% from its 200-day Moving Average price of $0.9434. The average trading volume is 1242240 shares and its market capitalization is $69.2M. Neuralstem (NYSE: CUR), the Rockville, MD stem cell company, rose 12.28% Thursday on 3.75 times average volume.
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Insmed Incorporated (Insmed) is a development-stage biopharmaceutical company.The Company develops inhaled treatments for serious lung infections.The Company’s liposomal technology is designed specifically for delivery of pharmaceuticals to the lung. The Company's primary focus is on orphan markets with high unmet medical needs. The Company's initial primary target indications are Pseudomonas aeruginosa, which the Company refers to as Pseudomonas, lung infections in cystic fibrosis (CF) patients and patients with non-tuberculous mycobacteria (NTM) lung infections. The Company's lead product candidate, ARIKACE (liposomal amikacin for inhalation), is a differentiated, inhaled antibiotic supported by positive Phase II results for treating serious lung infections due to susceptible bacteria.Insmed, Inc. (NCM: INSM ) reported EPS of -2.386. For the Current Fiscal year, the company is expected to report EPS of -1.53. For the Next Quarter and Next Year, the company is expected to report EPS of -0.44 and -1.64 respectively. At Current Market Price, INSM is in the distance of +69.64% from its 50-day Moving Average price of $3.7137 and +85.31% from its 200-day Moving Average price of $3.3998. Insmed (NASDAQ: INSM): Ayer Capital reported a 9.99% passive stake in Insmed. Their shares closed at $6.30, up $0.96 or 17.98% on the day. They have traded in a 52-week range of $2.64 to $5.50.
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