New York, NY – (NISMAGAZINE) – 4/3/2013- AEterna Zentaris Inc. (USA) (NASDAQ:AEZS) fell 3.30% at $1.76 after trading nearly 336,000 shares. It is a late-stage drug development company specialized in oncology and endocrine therapy. Last month the company reported fourth-quarter EPS of -$0.29, with a slightly better than the analyst forecast of -$0.31. Quarterly revenue was also ahead of estimates of $7.96 million at $9.16 million. The company announced today that Babette Aicher, PhD, Director of Preclinical Development, will be making a poster presentation on updated proof-of-concept results for Disorazol Z cytotoxic conjugates, such as AEZS-125 and AEZS-138, in human ovarian and endometrial cancer xenograft models, at the upcoming American Association for Cancer Research (“AACR”) annual meeting, which will be held April 6-10, 2013, in Washington DC.
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XOMA Corp (NASDAQ:XOMA) lost 1.92% at $3.32 after trading 490,833 shares. It is a biotechnology company focused on the discovery and development of monoclonal antibody-based therapeutics. Institutions own 66% of the company which has a market cap of about $275 million. It traded the last 52 weeks in the range $2.22-$4.13. Analysts project price targets for the company ranging from a low of $3.00 to a high of $7.50.
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STEC, Inc. (NASDAQ:STEC) gained 0.46% at $4.36 with 352,969 shares changing hands. The company is a leading global provider of enterprise-class solid-state storage solutions designed for the ever-growing performance, reliability and endurance requirements of today’s advanced data centers. The company announced yesterday that it had added highly experienced channel partners and broadened the technical and market expertise of its direct sales force, delivering a team of professionals with extensive backgrounds in enterprise storage. These additions would help serve enterprise customers take advantage of the company’s extensive range of solid-state storage solutions. Jeff Janukowicz, research director, Solid State Drives and Enabling Technologies at IDC, said, “We estimate that by 2016 just under half of all enterprise storage capacity shipped will be through non-system OEM channels, which include shipments directly to hyperscale cloud data centers, ODMs, and specialized system integrators, presenting a clear opportunity for providers that can offer a variety of storage solutions geared toward specific vertical deployments and application requirements.”
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