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Aastrom Biosciences Inc. (NASDAQ: ASTM) shares soared 25.19 percent to close at $4.97 a share Thursday. The stock traded between $3.98 and $5.33 on volume of 2.50 million shares traded. The company’s President and CEO, Nick Colangelo, is scheduled to present at the 2014 Regen Med Investor Day on Wednesday, March 26th in New York City. Shares of Aastrom Biosciences are up approximately 52.0 percent year-to-date.
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Synta Pharmaceuticals Corp. (NASDAQ: SNTA) shares jumped 9.47 percent to close at $5.20 a share Thursday. The stock traded between $5.02 and $5.51 on volume of 5.95 million shares traded. The company announced positive interim results from the ENCHANT-1 trial of ganetespib, the company’s lead drug candidate, in metastatic breast cancer. Shares of Synta Pharmaceuticals are down approximately 1.0 percent year-to-date.
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Sinovac Biotech Ltd. (NASDAQ: SVA) shares surged 17.13 percent to close at $8.07 a share Thursday. The stock traded between $7.16 and $8.09 on volume 4.89 million shares traded. The company reported sales were $22.9 million for the fourth quarter of 2013, an increase of 17.1 percent when compared to a year ago. Shares of Sinovac Biotech are up approximately 30.0 percent year-to-date.
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ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) shares spiked 11.75 percent to close at $5.42 a share Thursday. The stock traded between $5.15 and $5.58 on volume 3.42 million shares traded. Mizuho has recently initiated coverage on the company with a “buy” rating and a price target of $11.00. Shares of ZIOPHARM Oncology are up approximately 25.0 percent year-to-date.
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