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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
Stock Rocket
2 Sep 14 13:06:05
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Stock News Guru
2 Sep 14 11:04:36
$ARIA: Ariad Pharmaceuticals, Inc. (ARIA): Healthcare-focused Sarissa Capital Inches ... http://t.co/yaDQWWKwpZ http://t.co/l1dgK6CiTY
GoldenHounds
2 Sep 14 10:55:43
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PHARMD
2 Sep 14 10:51:08
RT @Select13D: “@theflynews: $ARIA Sarissa says ARIAD denied 'poison pill' waiver request: Full Story http://t.co/bppMMCv2a3”
Jake13
2 Sep 14 10:42:43
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2 Sep 14 10:26:56
danrocks: $FCX Alert $IBM $IBB $ARIA $EWG $HAL http://t.co/caZ7ei3I6w
Investors Hangout
2 Sep 14 10:26:56
danrocks: $FCX Alert $IBM $IBB $ARIA $EWG $HAL http://t.co/leYzeHDGxy
Gavin Rosenbach
2 Sep 14 10:26:28
$ARIA
PHARMD
2 Sep 14 10:21:14
$aria added at 6.17 to my existing position. Added $srpt and $cldx. Sold all $aapl here, will re-enter if opportunity comes.
WW Granny
2 Sep 14 10:13:37
$ARIA - sarissa (alex denner) wanted to buy more shares - the board said no - interesting
Business News Now
2 Sep 14 10:04:40
$ARIA: Ariad Stock's Biggest Risk Is Its Only Hope http://t.co/SmJqN56DZ7 http://t.co/OxNYsV6mfs
lookn4wins
2 Sep 14 10:00:49
$EEM Volume $EEM Most recent stock chart and technical analysis. $REGN $HAL $SA $ARIA $XLE $ARWR http://stockc http://t.co/nU7r3fDPBz
danrocks
2 Sep 14 09:54:37
$FCX Alert $IBM $IBB $ARIA $EWG $HAL http://t.co/nnzX7HDEhk
Investors Hangout
2 Sep 14 09:54:14
danrocks: $JCP Hit my list a few days ago $ARIA $PLUG $GNW http://t.co/VDYfCRrx93
Investors Hangout
2 Sep 14 09:54:13
danrocks: $JCP Hit my list a few days ago $ARIA $PLUG $GNW http://t.co/vSKjEs49q8
Select13D
2 Sep 14 09:53:08
“@theflynews: $ARIA Sarissa says ARIAD denied 'poison pill' waiver request: Full Story http://t.co/bppMMCv2a3”
Select13D
2 Sep 14 09:52:56
“@adamfeuerstein: Do I have this right? Alex Denner wanted to buy more $ARIA shares but the board said no. Why would Alex want to own more?”
dougheuring
2 Sep 14 09:44:47
RT @theflynews: $ARIA Sarissa says ARIAD denied 'poison pill' waiver request: Full Story http://t.co/FJapIGUBst
Adam Feuerstein
2 Sep 14 09:37:23
Do I have this right? Alex Denner wanted to buy more $ARIA shares but the board said no. Left unanswered, why would Alex want to own more?
The Fly
2 Sep 14 09:37:22
$ARIA Sarissa says ARIAD denied 'poison pill' waiver request: Full Story http://t.co/FJapIGUBst
Extreme Stocks
2 Sep 14 09:36:33
danrocks: $JCP Hit my list a few days ago $ARIA $PLUG $GNW http://t.co/XbG26UxKSI
iHangout
2 Sep 14 09:35:53
http://t.co/vVojvVrNNL danrocks: Cheeky's Board!: $JCP Hit my list a few days ago $ARIA $PLUG $GNW http://t.co/E5XJTz1k2Y
danrocks
2 Sep 14 09:34:48
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$Stocknewsalerts
2 Sep 14 09:26:35
$ARIA ALERT: New ARIAD Pharmaceuticals, Inc. SEC Filing From our Stock News Alerts App
Tora Capital
2 Sep 14 09:24:19
$ARIA - Denner (sarissa) just filed 13D - Wants to buy up to 9.9% but company is pushing back. Aira is officially "in play" I would guess.
Baffoe K8B Awotwi
2 Sep 14 09:22:42
$ARIA - Amended Statement of Beneficial Ownership (sc 13d/a) http://t.co/sgbud0r8zw
StockNews
2 Sep 14 09:22:40
$ARIA - Amended Statement of Beneficial Ownership (sc 13d/a) http://t.co/ihntSGo0Dh
Pzaa...Guy
2 Sep 14 09:22:37
$ARIA - Amended Statement of Beneficial Ownership (sc 13d/a) http://t.co/dEuMPIi7GU
VisualStock Resource
2 Sep 14 09:22:35
$ARIA - Amended Statement of Beneficial Ownership (sc 13d/a) http://t.co/YQl3KS97CL
whalewisdom
2 Sep 14 09:21:30
New SC 13D/A from SARISSA CAPITAL MANAGEMENT LP concerning $ARIA. See details at http://t.co/jLl1vXeyFP
Investors Hangout
2 Sep 14 09:20:49
Emylers: $ARIA Up to date company activities and other http://t.co/fO0T0L4Bqp
Investors Hangout
2 Sep 14 09:20:48
Emylers: $ARIA Up to date company activities and other http://t.co/EI9r8VdaXh
InsiderTradingWire
2 Sep 14 09:20:09
13D Alert for ARIAD PHARMACEUTICALS INC - $ARIA - #13D #insidertrading - http://t.co/8ZQ9RPeyhu
Emylers
2 Sep 14 09:13:41
$ARIA Up to date company activities and other important information about $ARIA http://t.co/zNOmsaJEcG
Companies in News
2 Sep 14 08:04:32
$ARIA: ARIAD Falls on Wider-than-Expected Loss, Revenues Miss http://t.co/Vj4OS1D1Kj http://t.co/6I5aXnlFZ6
T Abuhasna
2 Sep 14 08:03:09
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2 Sep 14 07:31:59
$CTIX Cellceutix Corp (CTIX) 2.0400 -0.0100 (-0.49%) $VXX $ARIA $AEM http://t.co/T2RuID6NSt
Investors Hangout
2 Sep 14 07:14:47
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2 Sep 14 07:14:46
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Stock Market Monitor
2 Sep 14 07:04:31
$ARIA: ARIAD Falls on Wider-than-Expected Loss, Revenues Miss http://t.co/hiLnAi4ggW http://t.co/MFhCtPAwDG
Jake13
2 Sep 14 06:51:43
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lookn4wins
2 Sep 14 06:45:21
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T Abuhasna
2 Sep 14 06:33:50
$ARIA $S $VPOR $PSID let's ROCK em GREEN and more GREEN $$$$
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2 Sep 14 06:28:26
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GoldenHounds
2 Sep 14 06:17:13
RT @tabuhasna: $ARIA $S $VPOR $PSID let's start this week off with some GREEEEEEN.....
ymscapital
2 Sep 14 05:13:18
@adamfeuerstein So now that $exel failed do you think $aria can hit 12?
Bulls vs Bears
2 Sep 14 05:04:31
$ARIA: ARIAD Falls on Wider-than-Expected Loss, Revenues Miss http://t.co/Fq0Zoxmgdx http://t.co/nWCk1PK8jh
T Abuhasna
2 Sep 14 04:59:36
$ARIA $S $VPOR $PSID let's start this week off with some GREEEEEEN.....
Market News Desk
2 Sep 14 02:04:27
$ARIA: Ariad Stock's Biggest Risk Is Its Only Hope http://t.co/Xsf1Y3Lhwy http://t.co/0nPCxcLx0f
Stock Updates
2 Sep 14 00:04:30
$ARIA: Should You Sell Ariad Pharmaceuticals (ARIA) Before Earnings? http://t.co/rDv5fAvh4j http://t.co/Fjposvivex
				
				
By  +Follow December 20, 2013 8:16AM
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