An Ear To The Pharma: 9 Stocks To Watch This Week (RIGL, RARE, TROV, DVAX…)

(RTTNews) – The week that went by started with a couple of big-ticket deals being inked.

Swiss pharmaceutical giant Novartis (NVS), on April 9th, agreed to acquire clinical-stage gene therapy company AveXis Inc. (AVXS) for $218 per share or a total approximate value of $8.7 billion. Alexion Pharmaceuticals (ALXN), on April 11th, announced that is buying Sweden-based Wilson Therapeutics for $855 million in cash, in a bid to expand its rare disease therapeutic footprint.

AveXis, which is being snapped up by Novartis, was the top gainer of the week- returning 82%.

Another stock that caught the attention of investors in the week was Bellicum Pharmaceuticals (BLCM), which gained more than 40%. On April 12th, the Company announced that the FDA has lifted the clinical hold on BPX-501 studies in the U.S. BPX-501 is under multiple phase 1/2 clinical trials in adults and pediatric patients with leukemias, lymphomas, and genetic blood diseases in

... read more at: http://markets.businessinsider.com/news/stocks/an-ear-to-the-pharma-9-stocks-to-watch-this-week-rigl-rare-trov-dvax-1021369192

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