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Small Caps To Watch Thursday

Thursday, 11 April 2013 08:38 AM

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ACADIA Pharmaceuticals (Nasdaq: ACAD) $7.97. Today announced that the U.S. Food and Drug Administration (FDA) has agreed that the data from the pivotal Phase III -020 study, together with supportive data from other studies with pimavanserin, are sufficient to support the filing of a New Drug Application (NDA) for the treatment of Parkinson’s disease psychosis (PDP). As a result, ACADIA will no longer conduct the Phase III -021 study that was planned as a confirmatory trial and was scheduled to be initiated later this month.

What They Do: ACADIA is a biopharmaceutical company focused on innovative treatments that address unmet medical needs in neurological and related central nervous system disorders.

Aeterna Zentaris (Nasdaq: AEZS) $1.90. Announced Wednesday after market close encouraging updated proof-of-concept results for Disorazol Z cytotoxic conjugates, such as AEZS-125 and AEZS-138, in human ovarian and endometrial cancer xenograft models. Results further showed the compounds' high potential for the treatment of luteinizing hormone-releasing hormone ("LHRH") receptor positive tumors. Data were presented earlier today by Babette Aicher, PhD, the Company's Director of Preclinical Development, during a poster presentation at the American Association for Cancer Research ("AACR") annual meeting currently being held in Washington D.C. The study is funded through a grant from the German Ministry of Education and Research.

Juergen Engel, PhD, Aeterna Zentaris President and CEO stated, "Disorazol Z cytotoxic conjugates such as AEZS-125 and AEZS-138 are an extension of our AEZS-108 innovative LHRH-targeted platform in oncology. These results confirm the encouraging data presented at the ENA Symposium in November 2012 , and will enable us to better select a specific drug candidate for further preclinical development expected to start during this quarter."

What They Do: Aeterna Zentaris is an oncology and endocrinology drug development company currently investigating treatments for various unmet medical needs.

Zumiez (Nasdaq: ZUMZ) $234.90. Announced Wednesday after market close that total net sales for the five-week period ended April 6, 2013 increased 19.7% to $61.0 million, compared to $50.9 million for the five-week period ended March 31, 2012. The Company's comparable store sales increased 2.1% for the five-week period ended April 6, 2013 compared to a comparable store sales increase of 14.1% for the five-week period ended March 31, 2012.

What They Do: Zumiez is a leading multi-channel specialty retailer of action sports related apparel, footwear, equipment and accessories, focusing on skateboarding, snowboarding, surfing, motocross and BMX for young men and women. 


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