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["388"]Tenax Therapeutics (NASDAQ:TENX) Stock Price, News Tenax Therapeutics (NASDAQ:TENX) Stock Price, News | tenx stock price


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The biotechnology area has been adverse a lot of challenges lately, including accessible and political clamor over aerial biologic prices, assorted companies adverse assorted investigations, and accretion antagonism from generics.

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Amid the volatility, the Nasdaq Biotechnology Basis managed to calibration up by 10.71% during the aboriginal division of 2017, outperforming the beyond S&P 500 (SPX) index, that clocked 5.53%. While aggregate of biotech stocks managed to authority their ground, a few emerged as winners with huge returns, while others concluded on the lower side.

Pulmatrix Inc. (PULM) banal has acquired about 491% during the aboriginal division of 2017. Its balderdash run started in mid-January, back the U.S. Food And Biologic Administration (FDA) accepted Qualified Infectious Disease Artefact Designation (QIDP) to its inhaled artefact for alleviative fungal infections. This was followed by two back-to-back acknowledged banal offerings account $5 actor and $3.3 million, respectively.

Calithera Biosciences Inc. (CALA) has acquired added than 255% during the quarter, as it appear a key all-around accord with Incyte Corp. for its blight drug. This was followed by aggregation advertisement a ample accessible alms to accession added basic that helped the stock's advancement amount run. (See also, Incyte Pays $53M for Calithera Blight Drug.)

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A alternation of absolute developments helped Aurinia Pharmaceuticals Inc. (AUPH) banal fasten about 250% during the aboriginal division of 2017. In aboriginal March, its lupus biologic voclosporin fared able-bodied in a assurance study, and the aggregation afterwards appear absolute after-effects from an open-label abstraction of the drug, which added aerial Aurinia's banal price. (See also, Aurinia Pharma Spikes on Lupus Biologic Safety.)

Protalix Biotherapeutics Inc. (PLX) started the year on a absolute agenda by advertisement absolute acting after-effects in aboriginal January from its Phase 2 analytic balloon of alidornase alfa for the analysis of cystic fibrosis. Its annual acknowledgment of 205% was helped by able-bodied fourth-quarter results, in which Protalix exhausted balance expectations by 9 cents per share. Naturally, this added aerial the company's banal price.

Cellect Biotechnology Ltd. (APOP) stands with a 178% annual gain. The fasten came at the end of March, afterwards its aboriginal axis corpuscle displace application Cellect's ApoGraft technology in a Phase 1/2 analytic balloon in a claret blight accommodating was successful. (See also, Cellect Succeeds In Aboriginal Axis Corpuscle Transplant.)

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Graph Courtesy: Google Finance

Argos Therapeutics Inc. (ARGS) has absent added than 90% of its appraisal in the aboriginal division of 2017. The collapse was triggered by a advocacy from an absolute abstracts ecology board that led to the cessation of a Phase 3 analytic balloon of its biologic for metastatic renal corpuscle blight analysis rocapuldencel-t.

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Novan Inc. (NONV) absent added than 76% of its amount during the aboriginal quarter, as its abscess vulgaris analysis absent to accommodated two of three co-primary endpoints in a Phase 3 balloon in backward January.

Tenax Therapeutics Inc. (TENX) is bottomward added than 71% over the quarter, as a backward January advertisement about the abortion of a Phase 3 balloon in cardiac anaplasty bashed the banal price, which has bootless to balance back then.

Galena Biopharma Inc. (GALE) is trading bottomward about 69% back the alpha of the new year, as the aggregation accursed its CEO amidst bent DOJ analysis aboriginal February, which was followed by a discounted accessible alms which added burst the banal price. (See also, Galena Fires CEO Amidst Bent DOJ Probe.)

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Aevi Genomic Medicine, Inc. (GNMX) suffered a setback in mid-March, back its ADHD biologic AEVI-001 bootless to accommodated the primary endpoint in an early-stage trial, tanking the banal amount 65%, authoritative it one of the top biotech losers of the aboriginal quarter.


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