Updates & Insights on Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA)

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Las Vegas, NV -- (SBWIRE) -- 12/12/2013 -- Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares climbed up to 6% on Tuesday, December 10th 2013, later when on Monday, December 9th 2013, Stifel upgraded the biotechnology company shares from "hold" to "buy."

According to Stifel, Ariad Pharmaceuticals, Inc. risk and reward trade-off is particularly attractive at this point for the company. On the other hand, the company is trying to convince the FDA that its blood cancer drug, Iclusig, ought to be permitted back in the market after being dragged due to blood clotting risks. Though, the drug is still been used in Europe, after the European Medicines Agency put forth a set of guidelines for the drug's use.

Ariad Pharmaceuticals, Inc. is anticipating for a similar decision from the FDA next year in 2014. The company focuses on Iclusig, a cancer medicine and developing additional molecularly therapies to treat patients with blood cancers and solid tumors.

To find out what OTCMAGIC projects for Ariad Pharmaceuticals, Inc. for both short term and long term please click here: ARIA

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