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Ariad Pharmaceuticals (ARIA) Spikes as FDA Approves Iclusig Again

By  +Follow December 20, 2013 8:16AM
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And the ongoing saga of Ariad Pharmaceuticals ($ARIA) rolls on. The company spiked on Friday after getting its own little Christmas present from the FDA in the form of permission to resume marketing and distributing leukemia treatment iclusig. Shares have spiked almost 25 percent as a result.

Iclusig’s Return Spurs Rally

The drug was pulled earlier this year over concerns about it causing blood clotting, prompting it to lose just over 65 percent and almost 85 percent through the end of October. Since the start of November, though, shares have been in a volatile rally that’s moved in fits and starts but still resulted in shares more than tripling after today’s rally was included.

It’s the second piece of good news for Ariad this week, as shares bounced on Tuesday following news that the European Medicines Agency would be reviewing Iclusig.

ARIA Back in the Game, but With Limits

Ariad’s fate is clearly closely tied to iclusig, the company’s lone entrant into the pharmaceutical market. As such, today’s news was of crucial importance, and prompted the announcement that it was bringing on a small sales force, including some of the 160 people who were laid off this fall after the initial news that iclusig was getting pulled. The company anticipates the new staff will be paid for by the increased revenue they will create.

“We are back on track,” CEO Harvey Berger told Bloomberg in a telephone interview. “We’ll enter 2014 largely where we were as we started off the fall in September.”

However, iclusig’s return comes with certain limitations. Contingent on the FDA approving the drug’s return are a number of new prescribing restrictions and warnings regarding the issue of blood clotting.

“It’s really leaving the decision-making to the physician to determine whether other therapies are indicated,” Berger said. “It doesn’t require that a patient has failed each and every other therapy; it really leaves that decision to the doctor.”

Ariad does have one other drug in its pipeline in the form of AP26113, a small molecule that “exhibited activity as a potent tyrosine-kinase inhibitor of anaplastic lymphoma kinase (ALK) and epidermal growth factor receptor (EGFR) and c-ros oncogene 1 (ROS1)” according to the company’s website. It’s currently in phase II trials.

 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for ARIA
Trader News Daily
20 Oct 14 13:23:50
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Victor Roberts, MD
20 Oct 14 13:13:56
Commented on StockTwits: GANN angle magic! Predicted $ARIA price action correctly today! 6.05 was R! Couldn't bre... http://t.co/oCFA1lymVF
12Stocks.com
20 Oct 14 13:00:52
MidCap #Stocks Trend $SHLD $LII $TSO $ARIA $NVR $TMHC $GMCR $DF $THRX $HPT $LEN $DNKN $PHM $TE $ALK $CMS $AAP @ http://t.co/H27z0JgFGk
12Stocks.com
20 Oct 14 13:00:35
MidCap #Stocks Performance $SHLD $LII $WTW $TSO $ARIA $HTZ $UAL $RCL $NVR $HAS $GCI $LUV $QEP $TMHC $MDR more@ http://t.co/tf79gD96D3
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20 Oct 14 12:58:30
After Massive Gains On Penny Stock Picks, another New Pick Is Coming! Check it out: http://t.co/lWd4jUXeCy $FASC $ARIA $TUCN
Brysen
20 Oct 14 12:37:12
Eyes still on $ARIA for a HOD push.
Mark Romero
20 Oct 14 12:34:13
$ARIA In for 500 shares
FonsieTrader
20 Oct 14 12:27:30
$ARIA Strong all day http://t.co/2DRYdhc2Cq
Gilly
20 Oct 14 12:21:11
$ARIA looks good for continuation imho
Victor Roberts, MD
20 Oct 14 12:10:06
$ARIA Where is "tornado" @TravelerRob? Fun to see his posts lately. He should start add to his long position instead of hoping to see low 4s
Brysen
20 Oct 14 12:07:20
$ARIA looking to snap HOD here
crhz1978
20 Oct 14 12:04:39
$ARIA new HOD? HUGE VOLUME!!!! #news #breakingnews #cnbc $lake #DallasEbola $shpg $cmrx $tkmr $ibio $bcrx $SRPT $NLNK #ZMapp
crhz1978
20 Oct 14 11:37:51
$ARIA - getting ready to rally again! #news #breakingnews #cnbc $lake #DallasEbola $shpg $cmrx $tkmr $ibio $bcrx $SRPT $NLNK #ZMapp
Ezekiel
20 Oct 14 11:07:36
@Drragu $ARIA how can you tell that there are no shares to short currently? Thx
Kenneth Meyerson
20 Oct 14 10:41:14
RT @TomSilver39: Rbc:" $ARIA Iclusig TRx/NRx are 101/41, +26/+5% wk/wk, $PCYC Imbruvica TRx 1196, +11% wk/wk; NRx 441, +7% wk/wk…"
Investors Hangout
20 Oct 14 10:36:23
$IWM News Click Here: http://t.co/mInqqMNmsE Also See: $BRK/B $ARIA $EWL $BABA ~
Susanta Bera
20 Oct 14 10:02:04
RT @Drragu: Commented on StockTwits: $ARIA ICLUSIG Sales are improving! http://t.co/rJjaKF2nwU http://t.co/stDbqO6mRc
Victor Roberts, MD
20 Oct 14 09:59:52
Commented on StockTwits: $ARIA ICLUSIG Sales are improving! http://t.co/rJjaKF2nwU http://t.co/stDbqO6mRc
Christian Kat
20 Oct 14 09:52:52
$ARIA if we brake USD 6 it will coil up!
T Abuhasna
20 Oct 14 09:51:32
$ARIA $S $VPOR $PSID WEEEEEEEEEEE $$$$$$$
Investors Hangout
20 Oct 14 09:44:24
clayton: $ARIA 5.74 http://t.co/w2xdcIm1Nb
Investors Hangout
20 Oct 14 09:44:22
clayton: $ARIA 5.74 http://t.co/m3BvksWYXk
clayton
20 Oct 14 09:42:03
$ARIA 5.74 http://t.co/1V9w7jOZmL
Victor Roberts, MD
20 Oct 14 09:36:53
Commented on StockTwits: Now WS crooked system trapping shorts by preventing to average down! $ARIA forced short ... http://t.co/yQC18act3b
econoricky
20 Oct 14 09:32:37
RT @OptionCast: Short Squeeze Alerts $USU $Ticker Symbol $NLNK $RSH $DXM $ARIA $COCO $SFY $GDP http://t.co/vRTWxV5Spu
Investors Hangout
20 Oct 14 09:22:21
$HZU.TO % Change Click Here: http://t.co/xBalxGH9BU Also See: $ARIA $XLU $XLB $SLB ~
trader j
20 Oct 14 09:21:55
$aria of course $aria is up I dumped by 4k shares last week 5.45 & $5.55 what else is new!!'
Avoid The Herd
20 Oct 14 09:21:28
$ARIA nhod - took some time but made it through
crhz1978
20 Oct 14 09:17:05
$ARIA RALLYING on article of likely takeover #news #breakingnews #cnbc $lake #DallasEbola $shpg $cmrx $tkmr $ibio $bcrx $SRPT $NLNK
Samantha LaDuc
20 Oct 14 09:16:21
$ANGI and $ARIA have nothing in common but they both look good to me.
ProTrader Mike
20 Oct 14 09:13:06
10/20 MOJO Daily Video Recap $IBIO $JNUG $ACHN $ARIA 10/10 today Watch Here = https://t.co/mRsJ8MoLNk
Victor Roberts, MD
20 Oct 14 09:08:34
Commented on StockTwits: $ARIA Need TO TAKE OUT 5.85 for further gains. Profit taking might start here. http://t.co/y51r4cnnZA
crhz1978
20 Oct 14 09:03:13
$ARIA rallying due to article stating likely takeover target New hod! $lake #DallasEbola $shpg $cmrx $tkmr $ibio $bcrx $SRPT $NLNK #ZMapp
Victor Roberts, MD
20 Oct 14 09:02:22
Commented on StockTwits: Hope you still holding some $ARIA long position. Look at ESI! SS is genuine and more sho... http://t.co/CKjUNUrrrD
Ryan Faloona
20 Oct 14 08:57:37
What these millionaire traders did differently… | http://t.co/neuKpiDVCw | $AAPL $TWTR $FB $SCOK $ARIA
ProTrader Mike
20 Oct 14 08:55:59
$IBIO $JNUG $ACHN $ARIA 10/10 today that all it takes done for day at 10:30am - MOJO business shut down for day IBIO - video being made now
12Stocks.com
20 Oct 14 08:52:51
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12Stocks.com
20 Oct 14 08:52:34
MidCap #Stocks Performance $LII $TSO $ARIA $LUV $SHLD $HTZ $HAS $NVR $AAL $UAL $PCYC $SGEN $QEP $DATA $LE more@ http://t.co/tf79gD96D3
crhz1978
20 Oct 14 08:48:22
$ARIA rallying 8% due to article stating likely takeover target!!! $lake #DallasEbola $shpg $cmrx $tkmr $ibio $bcrx $SRPT $NLNK #ZMapp
Stockaholics
20 Oct 14 08:47:50
After Massive Gains On Penny Stock Picks, another New Pick Is Coming! Check it out: http://t.co/YX0NLZhRQ5 $FASC $ARIA $TUCN
Avoid The Herd
20 Oct 14 08:47:13
$ARIA curling up to hod test
Victor Roberts, MD
20 Oct 14 08:35:35
$ARIA 4.5 million traded already! Can take out 6 soon
Big Money
20 Oct 14 08:34:44
ALL NEW TO $ARIA please be aware of the info!!!! http://t.co/RGtTE3UNf4
Victor Roberts, MD
20 Oct 14 08:29:44
$ARIA IS TRACKING $XBI intraday. Keep an eye on it. if ARIA holds today's gains, i'll be extremely happy. More gains welcome :)
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20 Oct 14 08:25:20
Check out http://t.co/sJnBwtOUTE for stock trading website reviews. Related: $EMC $BABA $GILD $BCS $WFC $BTU $KO $JCP $EBAY $MDT $ARIA
Victor Roberts, MD
20 Oct 14 08:20:36
Commented on StockTwits: Benefits outweigh the risk of holding $ARIA long now. For day traders scalping few cents... http://t.co/sViDn68bRn
Monte Werle
20 Oct 14 08:11:57
Dip bought some $ARIA here at $5.73
PsychSignal
20 Oct 14 08:00:57
175.0% increased bullish conversations in $ARIA in the past 1 hour.
Patrick
20 Oct 14 08:00:03
#SENTISHIFTUP $ZNGA $HLF $HALO $CELG $AIG $MNKD $TASR $ARIA $QUAD $TLT #quantheta
Investors Hangout
20 Oct 14 07:57:13
Jake13: $ARIA Opinion Click here to find out if $ARIA is http://t.co/dsOpm35eTn
				
				
By  +Follow December 20, 2013 8:16AM
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