Biotech/ Pharma Stocks To Watch; Friday's Gainers: (NASDAQ:PARDD), (NASDAQ:LXRX), (NASDAQ:ACHN), (NASDAQ:TNGN)
Point Roberts, WA - December 12, 2011- Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues an investor alert for some of the top trading stocks in the sector for Friday, December 09, 2011.
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) ended higher by 13.39% to end at $1.27 on very unusual volume 919K shares, compared to its average volume of 566K shares. The stock bounced back from its recent fall and closed the week with gains of over 5%.
Tengion, Inc. (NASDAQ:TNGN) added 11.63% and closed at $0.475, extending its weekly gains to over 18% on increased volume. Last week, the company announced the appointment of John L. Miclot as its President and Chief Executive Officer (CEO)
Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) moved up by 10.10% to close at $7.52 on high volume and recovered all its losses earlier during the week. Achillion Pharmaceuticals, Inc. is a biopharmaceutical company focused on the discovery, development and commercialization of treatments for infectious diseases.
Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX) soared 9.57% to finish at $8.13, bouncing back from its recent fall. Idenix Pharmaceuticals, Inc. (Idenix) is a biopharmaceutical company engaged in the discovery and development of drugs for the treatment of human viral diseases with operations in the United States and Europe.
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