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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
Phil Martin
25 Oct 14 09:35:54
$ARIA http://t.co/YCuzJkKcs1
Stock Relay
25 Oct 14 06:04:37
wininstocks2014: Stock Charts: ARIA 5.83 Stock Charts $ARIA Ariad http://t.co/c4s6YmBe2I
wininstocks2014
25 Oct 14 06:02:38
ARIA 5.83 Stock Charts $ARIA Ariad Pharmaceuticals Inc. (NASDAQ) Last Updated: 10/25/2014 08:02:38 ARIA Stock http://t.co/nAqxuZKVMG
FonsieTrader
25 Oct 14 05:53:29
Bullish ADX Crossovers 1/3 $AFL $AGU $ALGN $AMAT $ARCP $ARIA $AVY $BCS $BJRI $BWLD $CA $CMC $CME $COG $DISH $ELY $EQT http://t.co/C84JJMjcHI
Dan
25 Oct 14 03:15:31
$ARIA OI for maturity 10/24/2014. 5.50 Highest put. 6.00 Highest call. http://t.co/RyOrS2AxGU
Stockaholics
25 Oct 14 02:52:31
Our Penny Stock Alerts Gained 371% In 2 weeks! Sign Up For Free Text Alerts For Our New Pick: http://t.co/dLDRavoCi4 $FASC $ARIA $TUCN
Stockaholics
25 Oct 14 00:01:23
Our Penny Stock Alerts Gained 371% In 2 weeks! Sign Up For Free Text Alerts For Our New Pick: http://t.co/Wsu24zYrur $FASC $ARIA $TUCN
wininstocks2014
24 Oct 14 18:48:34
ARIA 5.83 Stock Charts $ARIA Ariad Pharmaceuticals Inc. (NASDAQ) Last Updated: 10/24/2014 20:48:32 ARIA Stock http://t.co/0G4O8R1AnQ
Victor Roberts, MD
24 Oct 14 15:08:54
$ARIA Short interest @ 50.38 Mill, + 1.2%, but Days to cover down to 5.5! Avg daily trading vol increasing! - nasdaq! http://t.co/8iyJDVK1to
Victor Roberts, MD
24 Oct 14 15:06:03
$ARIA Short interest @ 50.38 Mill, + 1.2%, but Days to cover down to 5.5! Avg daily trading vol increasing @ 9 Mill! http://t.co/GLxzQInwAV
Stockaholics
24 Oct 14 14:38:07
Our Penny Stock Alerts Gained 371% In 2 weeks! Sign Up For Free Text Alerts For Our New Pick: http://t.co/Wsu24zYrur $FASC $ARIA $TUCN
Sarcasm Bot
24 Oct 14 13:14:31
$ARIA No one willing to add to their position Poison pill is not GOOD Mr. CEO
$Stocknewsalerts
24 Oct 14 13:11:13
$ARIA ALERT: New ARIAD Pharmaceuticals, Inc. SEC Filing From our Stock News Alerts App
Baffoe K8B Awotwi
24 Oct 14 13:10:30
$ARIA - Current Report Filing (8-k) http://t.co/VIXk1yDsQs
StockNews
24 Oct 14 13:10:29
$ARIA - Current Report Filing (8-k) http://t.co/TWy6O1Wo99
Pzaa...Guy
24 Oct 14 13:10:26
$ARIA - Current Report Filing (8-k) http://t.co/MqZtCXMMhc
4-traders.com
24 Oct 14 13:10:22
ARIAD PHARMACEUTICALS : Other Events (form 8-K) http://t.co/0CtQWMem2R $ARIA
Stocks News&Markets
24 Oct 14 13:10:20
$ARIA - Current Report Filing (8-k) http://t.co/8g80kHQnTw
NASDAQ
24 Oct 14 13:10:15
$ARIA - Current Report Filing (8-k) http://t.co/mQC8apw5fY
Instrumental Data
24 Oct 14 13:08:09
ARIAD PHARMACEUTICALS INC $ARIA 8-K now available
A
24 Oct 14 13:07:39
RT @FonsieTrader: $ARIA Nice reversal! Heading higher
Dan Forman
24 Oct 14 12:56:29
RT @MaisaCorp: $ARIA European regulators recommended continued use of $ARIA cancer drug, Iclusig, in its already approved indications to tr…
MAISA
24 Oct 14 12:47:21
$ARIA European regulators recommended continued use of $ARIA cancer drug, Iclusig, in its already approved indications to treat leukaemia.
Dan Forman
24 Oct 14 12:26:58
$aria more and more great news but no short squeeze yet. Someone holding price down for buyout?
A P
24 Oct 14 12:13:33
Update: $ARIA trading +1.93% #trading #BiotechTraderHandbook--> http://t.co/JDdc1OTfZF
Large Void Bot
24 Oct 14 12:00:21
Popular: $INVN, $F, $RGLS, $ARIA, $CCIH, $ATVI, $REXX, $M, $WDAY, $XON, $BREW, $NTAP
Kenneth Meyerson
24 Oct 14 11:35:20
RT @FonsieTrader: $ARIA Nice reversal! Heading higher
Kenneth Meyerson
24 Oct 14 11:35:12
RT @ffrommgen: $ARIA creating a he'll of a daily candle. Finish strong please
FonsieTrader
24 Oct 14 11:31:27
$ARIA Nice reversal! Heading higher
Rick Frommgen
24 Oct 14 11:27:57
$ARIA creating a he'll of a daily candle. Finish strong please
Kenneth Meyerson
24 Oct 14 11:26:19
$ARIA (now): "It's not easy being green" $ARIA (3 hrs ago): "no kidding!"
Victor Roberts, MD
24 Oct 14 11:26:06
Commented on StockTwits: $ARIA new HOD, 90 more minutes to go. Say bye to 5s and say hello to 6s ! LOL http://t.co/5VtckrDBbI
Helmer
24 Oct 14 11:25:06
$ARIA finally.. new hod
Small Cap Trader
24 Oct 14 11:11:44
$ARIA daily bullish
Small Cap Trader
24 Oct 14 11:10:25
$ARIA inching up 5.80
Victor Roberts, MD
24 Oct 14 10:37:04
Commented on StockTwits: nice to see u back when $ARIA was down and like clockwork u disappear when it's up. Enjo... http://t.co/loBxouplll
Kenneth Meyerson
24 Oct 14 10:31:36
RT @BlockTradeAlert: BLOCK TRADE: $ARIA 500,000 shares @ $5.72 [13:11:49] MT a #prequake for the next leg-up?
Victor Roberts, MD
24 Oct 14 10:22:46
Commented on StockTwits: Added 500 more $ARIA shares at 5.70. Nice reversal, looking good so far! Will take profi... http://t.co/qjDgu6QTlu
Victor Roberts, MD
24 Oct 14 10:19:51
Commented on StockTwits: I think its short covering which pushed $ARIA fron 5.55 to 5.72. Someone unloaded at thi... http://t.co/urGXhlXInJ
BlockTradeAlert
24 Oct 14 10:11:50
BLOCK TRADE: $ARIA 500,000 shares @ $5.72 [13:11:49]
Stockaholics
24 Oct 14 10:09:25
Our Penny Stock Alerts Gained 371% In 2 weeks! Sign Up For Free Text Alerts For Our New Pick: http://t.co/dLDRavoCi4 $FASC $ARIA $TUCN
Victor Roberts, MD
24 Oct 14 09:47:04
$ARIA May be this week ICLUSIG sales numbers caused the drop! looks some kind of adjustment of projections going on! http://t.co/tEfbXhqPLq
Stock Relay
24 Oct 14 09:37:11
$PLUG % Change Click Here: http://t.co/TsxhBArYRi Also See: $SKM $PACT $KF $ARIA ~
Kenneth Meyerson
24 Oct 14 09:25:08
@Drragu good call ;~) Now, we need analyst upgrade(s) to add that certain #OOMPH to the momentum. $ARIA
dougheuring
24 Oct 14 09:24:40
$ARIA TRx/NRx are 81/31,-20/-24% wk/wk, week 39 since Jan re-launch IMS stopped projections that overstated 8-15/14-9/5/14 Iclusig 28%;
Victor Roberts, MD
24 Oct 14 09:18:23
Commented on StockTwits: My small trading strategy is getting paid well so far in $ARIA swing today http://t.co/GEdSxYqINX
Rick Frommgen
24 Oct 14 08:42:29
$ARIA how much reimbursement are we waiting on in emea? That's not just rev but cash too right? Like they haven't been paid yet or rec rev
Robert
24 Oct 14 08:29:27
$ARIA based on CHMP News the stock went cliff diving again
Victor Roberts, MD
24 Oct 14 08:29:07
Commented on StockTwits: Market maker?looks like he or some one yet to recover losses from last year big $ARIA drop http://t.co/EnFiwrMOKi
Victor Roberts, MD
24 Oct 14 08:23:46
Commented on StockTwits: $ARIA speculative traders cashing in profits if any, LOL! buy the rumor and sell the new... http://t.co/ndyaTkVl9h
				
				
By  +Follow December 20, 2013 8:16AM
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