Top Stocks in Mid-Day Trading on December 27; BPAX, RPRX
BioSante Pharmaceuticals Inc. (NASDAQ: BPAX) has been one of the biggest gainers in mid-day trading today. The stock opened at $1.75 and touched an intra-day high of $2.17. Currently, it is trading 26.98% higher at $2 on above average volume of 8.30 million. The stock has gained 28.39% in the last three trading sessions.
Today’s rally in the BioSante shares comes after the company said in a regulatory filing that it extended its equity financing facility with Kingsbridge Capital by one year.
Based in Lincolnshire, Illinois, BioSante Pharmaceuticals Inc. is a specialty pharmaceutical company, focusing on the development of products for female sexual health, menopause, contraception and male hypogonadism.
Repros Therapeutics Inc. (NASDAQ: RPRX) is soaring in mid-day trading, making it one of the top stocks today. The stock opened at $3 and touched an intra-day high of $4.56. At last check, it was up 65.63% to $4.25 on above average volume of 15.33 million. In the last three trading sessions, the stock has gained 179.74%.
Repros shares are rallying today after the company announced that it completed two animal model studies of the use of Proellex®. The company said that it is planning to submit new IND to FDA.
Repros is a Texas-based development-stage biopharmaceutical company, focusing on the development of oral small molecule drugs for unmet medical needs. The company’s product pipeline consists of Androxal and Proellex.
