logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

Ariad Pharmaceuticals (ARIA) Spikes as FDA Approves Iclusig Again

By  +Follow December 20, 2013 8:16AM
Share:
Tickers Mentioned:

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.


Liked What You Read? Join Equities.com as a contributor and get eyeballs on your content FOR FREE!

Results for ARIA
Trader News Daily
2 Mar 15 10:44:18
Wow http://t.co/PeRPkYu8Uk just posted last weeks results. +429%. Crazy. They offer a free trial too. $BSBR $ARIA $GALE $NBG $MHR
Don Seiffert
2 Mar 15 10:40:25
Top 10 BioFlash stories from the month of February $ARIA $BSX $SNTA $ALKS $PFE http://t.co/XiIhRjnbZy
Stephen s
2 Mar 15 10:25:48
RT @IHNewsDesk: $USCI Percent Change Updated Monday, March 2, 2015 1:11:02 PM $MYEC $BP $ARIA $HERO http://t.co/6LoQLnKVRY
Nick M
2 Mar 15 10:17:13
$ARIA has 6 analyst ratings in the last 90 days. Median target: $8. View here: https://t.co/qjD6bAFmWd #ARIA
Rosner Stocks
2 Mar 15 10:15:27
$UUP Stock Price Updated Monday, March 2, 2015 12:59:25 PM $VDSI $ARIA $HBRM $FEYE http://t.co/pfdeeVBJis
IH News Desk
2 Mar 15 10:15:13
$USCI Percent Change Updated Monday, March 2, 2015 1:11:02 PM $MYEC $BP $ARIA $HERO http://t.co/6LoQLnKVRY
PolgarStocks
2 Mar 15 10:15:12
$ARIA Financials Updated Monday, March 2, 2015 1:07:10 PM $VXX $QCOM $IYR $CSC http://t.co/G78PyzC3Nl
leahanne
2 Mar 15 10:08:49
Volume Alert - ARIA 7.93 Ariad Pharmaceuticals $ARIA Hit a high today of 8.14 Closing the day 10:30 at 7.93 -0 http://t.co/uUq0KPiZCf
leahanne
2 Mar 15 10:08:27
$ARIA Volume Alert - ARIA Stock 7.93 Ariad Pharmaceuticals $ARIA Hit a high today of 8.14 Closing the day 10:30 at 7 http://t.co/DF9URGzK1f
Clair Voight
2 Mar 15 10:03:32
$ARIA Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Activist Shareholder Sarissa ... http://t.co/IvY3CsiCSm
Mark Trader
2 Mar 15 09:56:10
I banked over 200% in gains during my 14-day trial with http://t.co/L2jCaE1M1d. Their 5 guru traders are amazing. $ARIA $MYEC $SWET
lookn4wins
2 Mar 15 09:54:27
ARIA -3.20% Stock Charts $ARIA Ariad Pharmaceuticals Inc. (NASDAQ) Any opinions on ARIA? Please reply to this http://t.co/1e3UHarvdB
Rosner Stocks
2 Mar 15 09:13:43
$AA Stock Message Board Updated Monday, March 2, 2015 11:59:27 AM $VTI $FSLR $ARIA $IYR http://t.co/dZsXNAEhXQ
Rosner Stocks
2 Mar 15 09:13:39
$PLUG Reviews Updated Monday, March 2, 2015 11:59:27 AM $DIS $TASR $EEM $ARIA http://t.co/O6xEhomqME
Drew Powers
2 Mar 15 08:12:29
$ARIA doing what it does - wish I hadn't covered on Friday...
John Smith
2 Mar 15 08:09:37
$ACUR surging 15% on upgrade -strong Egalet partner . #Euro #cncb #jimcramer $gsk $shpg $azn $c #investing #money #biotech $eglt $aria $kerx
Langan Stocks
2 Mar 15 07:11:15
$UGL Recent News Updated Monday, March 2, 2015 10:03:16 AM $IYR $FXI $ARIA $SLV http://t.co/UFhmuOvp4f
Breaking News Now
2 Mar 15 07:09:09
$ARIA $AIG: Why Trader's Are Watching: Ariad Pharmaceuticals Inc. (NASDAQ ...: http://t.co/ONfaNz8s91
Breaking News
2 Mar 15 07:07:05
$ARIA $AIG: Why Trader's Are Watching: Ariad Pharmaceuticals Inc. (NASDAQ ...: http://t.co/UftDOwQZ9A
BreakingStocksNews
2 Mar 15 07:06:10
$ARIA $AIG: Why Trader's Are Watching: Ariad Pharmaceuticals Inc. (NASDAQ ...: http://t.co/7q7ReJ9Eb3
Greg David
2 Mar 15 06:59:07
http://t.co/RMvVXnJDpv does trade alerts differently than anyone else. Its super cool. $ARIA $HT $CIM $BAS $ARNA
James DiPlata
2 Mar 15 06:23:32
RT @thestockgeek: Morning brainstorming meeting http://t.co/Jjfl5MxkhE $AAPL $GOOG $NFLX $PCLN $ARIA $ASHR #profits #gains http://t.co/9vZb…
PolgarStocks
2 Mar 15 06:10:16
$XLV Stock Forum Updated Monday, March 2, 2015 08:07:06 AM $ARIA $QLD $XLU $NXPI http://t.co/LUOrOXPS7k
Read Man Mind
2 Mar 15 06:00:15
RT @thestockgeek: Morning brainstorming meeting http://t.co/Jjfl5MxkhE $AAPL $GOOG $NFLX $PCLN $ARIA $ASHR #profits #gains http://t.co/9vZb…
Stephen s
2 Mar 15 05:33:26
RT @IHNewsDesk: $ABX Opinions Updated Monday, March 2, 2015 07:11:02 AM $MYEC $USO $ARIA $NUGT http://t.co/USY5aV2OB1
PolgarStocks
2 Mar 15 05:08:47
$APD Percent Change Updated Monday, March 2, 2015 07:07:09 AM $NXPI $ARIA $PCYC $AMZN http://t.co/WkoUwl2tDG
IH News Desk
2 Mar 15 05:08:44
$ABX Opinions Updated Monday, March 2, 2015 07:11:02 AM $MYEC $USO $ARIA $NUGT http://t.co/USY5aV2OB1
Rosner Stocks
2 Mar 15 05:08:35
$FDN Short Sales Updated Monday, March 2, 2015 07:59:22 AM $VTI $EWI $SLV $ARIA http://t.co/IABqGG6pIU
umbi1111
2 Mar 15 04:52:12
RT @ACInvestorBlog: Setups for Monday http://t.co/u1dEY8OWsI other stocks to watch $AAPL $TWTR $FB $GPRO $IBIO $BBRY $C $BAC $GS $S $F $P $…
Rosner Stocks
2 Mar 15 04:08:07
$PSID Stock Message Board Updated Monday, March 2, 2015 06:59:25 AM $XLV $FSLR $ARIA $DDD http://t.co/hsrjcGtK2X
Rosner Stocks
2 Mar 15 04:08:04
$FBT Filings Updated Monday, March 2, 2015 06:59:25 AM $EWY $CELG $ARIA $GMCR http://t.co/vdasQii8ar
Charles G. Koonitz
2 Mar 15 03:16:08
Watchlist for March 2 $DAKP $ARCP $ARIA $PAL Here is the link to charts http://t.co/LQZ06nlAlK
PolgarStocks
2 Mar 15 03:06:18
$NUGT Last Price Updated Monday, March 2, 2015 05:07:08 AM $ARIA $GS $GLD $IYT http://t.co/l7JSPhk0kv
Antonio Costa
2 Mar 15 02:28:15
Setups for Monday http://t.co/u1dEY8OWsI other stocks to watch $AAPL $TWTR $FB $GPRO $IBIO $BBRY $C $BAC $GS $S $F $P $EYES $GS $ARIA $CYCC
Breaking News Now
2 Mar 15 02:06:03
$ARIA $HNI: Traders Alert: Galena Biopharma (NASDAQ:GALE), Ariad ...: http://t.co/TQ6UNbP7Sd
Rosner Stocks
2 Mar 15 02:05:20
$HL Stock Price Updated Monday, March 2, 2015 04:59:23 AM $ARIA $SLV $XLU $LULU http://t.co/yBVzMQaYe5
ProTradersNews
2 Mar 15 01:51:04
$ARIA: Update: ARIAD Pharmaceuticals, Inc. Short Interest Grows by 6.7%: http://t.co/0fRTCjbSk4
Langan Stocks
2 Mar 15 01:04:55
$ARIA Recent News Updated Monday, March 2, 2015 03:03:19 AM $EWY $UPRO $UGL $KORS http://t.co/RH5OoastIp
Langan Stocks
1 Mar 15 23:02:27
$HEDJ Stock Message Board Updated Monday, March 2, 2015 01:03:18 AM $IFEU $ARIA $AVD $NBG http://t.co/2B7ACGhuwN
IH News Desk
1 Mar 15 23:01:12
$GPRO Opinions Updated Monday, March 2, 2015 01:11:04 AM $CYBR $ARIA $IBN $HD http://t.co/YIHINkfPuf
Russell Barbour
1 Mar 15 21:33:05
51% profit Super win! $CRMD momentum trade: http://t.co/qM5oWhbLjM $ARIA $GREK $CYBR $MBLY $SPPI $NDLS $PANW $HACK
Langan Stocks
1 Mar 15 20:59:52
$EWI Company Info Updated Sunday, March 1, 2015 11:03:17 PM $UGL $WLL $XHB $ARIA http://t.co/VCS9RErxXI
Stephen s
1 Mar 15 19:33:09
RT @stock_forums: Stocks Trending Now: http://t.co/gLXIst6tkJ $TVIX $COS.TO $XLE $EBAY $MYEC $QDF $PM $RIGH $XEC $DNKN $GE $ARIA ~
Stephen s
1 Mar 15 19:33:04
RT @IHPosts2: Stocks Trending Now: http://t.co/48sklY1Oc9 $XLE $ALXN $AMZN $VXX $FBMPX $BND $JO $QLD $MYEC $PBR $ARIA $XHB ~
Stephen s
1 Mar 15 19:32:36
RT @MarkyMarkTrades: I banked over 200% in gains during my 14-day trial with http://t.co/L2jCaE1M1d. Their 5 guru traders are amazing. $A…
Stephen s
1 Mar 15 19:31:20
RT @Chasing__Stars: Stocks Trending Now: http://t.co/TOZZHCEjIZ $RGLD $XLY $ECIG $EWZ $ARIA $PBR $UNG $OKE $IWM $UCO $MYEC $GOOG ~
Stephen s
1 Mar 15 19:26:46
RT @BoilerWarrior: http://t.co/iQWRYq6dIh....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ARIA…
Stephen s
1 Mar 15 19:23:52
RT @PolgarStocks: $AXP Filings Updated Sunday, March 1, 2015 3:07:11 PM $XLY $MYEC $UNG $ARIA http://t.co/h53k2TCIQv
IH News Desk
1 Mar 15 17:55:12
$FXE Company Info Updated Sunday, March 1, 2015 8:10:59 PM $LULU $ARIA $FGLD $LUV http://t.co/H0m1aHTBTm
Sam
1 Mar 15 17:04:13
A few more of interest: $AMBA $ADXS $AAL $AMGN $AMZN $ARIA $ARRY $ASHR http://t.co/bh923uwZvq http://t.co/bG4cgNpyne
				
				
By  +Follow December 20, 2013 8:16AM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.