Top Biotech Gainers (Arena Pharmaceuticals, Inc.(NASDAQ:ARNA), Inovio Pharmaceuticals Inc(NYSEMKT:INO), Celsion Corporation(NASDAQ:CLSN), Compugen Ltd. (USA)(NASDAQ:CGEN)
Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) shares added 6.48% to $7.39. The average daily volume of the stock is 5.29 million shares. As of now, the market capitalization of the stock stood at $1.61 billion. The stock is down more than 16% year-to-date.
Inovio Pharmaceuticals Inc(NYSEMKT:INO) shares jumped 14.42% to $2.38. Inovio Pharmaceuticals, Inc. is engaged in the development of a new generation of vaccines, called synthetic vaccines, focused on cancers and infectious diseases. The Company’s SynCon technology enables the design of universal vaccines capable of providing cross-protection against existing or changing strains of pathogens, such as influenza and human immunodeficiency virus (HIV).
Celsion Corporation(NASDAQ:CLSN) shares gained 3.94% to $1.32. At current market price, the market capitalization of the stock stands at $ 75.51 million. The stock has a 52-week range of $0.75-$9.44.
Compugen Ltd. (USA)(NASDAQ:CGEN) shares gained 47.07% to $8.03. Compugen develops accelerator products for algorithms used to analyze DNA generated by means of high throughput sequencing. The Company develops bioinformatics hardware and software based on proprietary algorithms.