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ArQule, Inc. (NASDAQ: ARQL) shares dropped 10.75 percent to close at $2.49 a share Tuesday. The stock traded between $2.24 and $2.62 on volume of 736,188 shares traded. The company announced that it will lower the dose of tivantinib, its experimental liver cancer treatment, for the second time. Shares of ArQule have fallen approximately 10.0 percent year-to-date.
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Cytokinetics, Inc. (NASDAQ: CYTK) shares dropped 26.93percent to close at $7.65 a share Tuesday. The stock traded between $7.62 and $8.74 on volume of 6.94 million shares traded. The company announced that its heart failure drug failed to meet its primary endpoint in a recent study. Shares of Cytokinetics have gained approximately 93.0 percent year-to-date.
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Halozyme Therapeutics, Inc. (NASDAQ: HALO) shares increased 2.89 percent to close at $8.55 share Tuesday. The stock traded between $8.34 and $8.94 on volume of 3.44 million shares traded. The company announced "that the European Commission has granted Roche European Union (EU) marketing authorization for the use of a time-saving subcutaneous formulation of Herceptin (trastuzumab) for the treatment of HER2-positive breast cancer." Shares of Halozyme Therapeutics have gained approximately 27.0 percent year-to-date.
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Prana Biotechnology Limited (NASDAQ: PRAN) shares gained 8.23 percent to close at $5.39 a share Tuesday. The stock traded between $5.20 and $5.57 on volume of 950,918 shares traded. The company recently announced that Elsevier Business Intelligence has named PBT2 as one of the Top 10 Neuroscience Projects to Watch. Shares of Prana Biotechnology have gained approximately 145.0 percent year-to-date.
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