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Avanir Pharmaceuticals Inc. (NASDAQ: AVNR) shares surged 16.28 percent to close at $5.00 a share Wednesday. The stock traded between $4.22 and $5.08 on volume of 7.99 million shares traded. The company presented at the Cowen & Company 34th Annual Healthcare Conference on Tuesday, March 4th and is scheduled to present at the 26th Annual ROTH Conference on Tuesday, March 11th. Shares of Avanir Pharmaceuticals are up approximately 48.0 percent year-to-date.
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DARA Biosciences Inc. (NASDAQ: DARA) shares spiked 8.62 percent to close at $3.15 a share Wednesday. The stock traded between $3.15 and $3.55 on volume 2.96 million shares traded. The company has signed a Medicare Part D Prescription Drug Program Reimbursement Agreement with the WellCare Group, which provides formulary status for Soltamox. Shares of DARA Biosciences are up approximately 16.0 percent year-to-date.
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Peregrine Pharmaceuticals (NASDAQ: PPHM) shares soared 47.64 percent to close at $2.82 a share Wednesday. The stock traded between $1.98 and $2.88 on volume of 36.53 million shares traded. The company announced that its PS-targeting immunotherapy will be highlighted in three presentations at the Keystone Symposia conferences. Shares of Peregrine Pharmaceuticals are up approximately 100.0 percent year-to-date.
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XOMA Corp. (NASDAQ: XOMA) shares dropped 27.75 percent to close at $6.82 a share Wednesday. The stock traded between $6.80 and $7.53 on volume 17.22 million shares traded. The company reported a net loss of $124.1 million, or $1.43 per share, for the full year 2013, up from a net loss of $71.1 million, or $1.10 per share, a year ago. Shares of XOMA are up approximately 35.0 percent year-to-date.
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