AKER Up On Aero-Med Deal, Allergy Under The Weather, RGLS Falls On Clinical Hold

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(RTTNews.com) – Shares of Akers Biosciences Inc. ( AKER ) leaped over 30% on Monday as the company signed the first distribution agreement for BreathScan OxiChek with Aero-Med, a division of Cardinal Health.

BreathScan OxiChek is Akers’ second generation disposable breath test to rapidly determine levels of oxidative stress (free radicals) in the body.

Aero-Med’s target market for BreathScan OxiChek includes anti-aging, functional and integrative health and wellness treatment practitioners, and it has already placed orders for OxiChek.

AKER closed Monday’s trading at $2.54, up 32.29%.

Shares of Allergy Therapeutics (AGY.L) dropped to 52-week low on Monday, after the company announced that its exploratory phase II dose-ranging study of GrassMATAMPL was not able to determine a recommended dose for

... read more at: http://www.nasdaq.com/article/aker-up-on-aeromed-deal-allergy-under-the-weather-rgls-falls-on-clinical-hold-20160628-00006