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Halozyme Shares Spike on Breast Cancer Drug Recommendation

By  +Follow June 28, 2013 12:21PM
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Shares of Halozyme (HALO) spiked in afternoon trading june 28 after its partner Roche Holding AG (RHHBY) received a positive recommendation from a European advisory committee on its injectable form of Herceptin, a breast cancer drug.

According to Halozyme CEO Gregory Frost, a Phase 3 study on Herceptin indicated that the drug “may help decrease the time patients spend receiving treatment at a hospital or physician’s practice, by reducing the administration time.” Halozyme produces an enzyme for Herceptin that now allows it to be injected subcutaneously.

A typical IV infusion of Herceptin takes 30-90 minutes, but Herceptin can now be administered in just two to five minutes via injection under the skin. Roche is currently seeking European approval for the injectable drug, so the recommendation is a very encouraging sign.

“Pending European approval, this subcutaneous formulation of Herceptin will provide a new route of administration that could potentially save time for both physicians and HER2-positive breast cancer patients in Europe,” Frost said. The breakthrough could be a complete game changer in the breast cancer drug space, as treatments are usually time consuming for both patients and doctors.

Halozyme shares spiked during trading hours on June 28 when the news was released. The stock reached a daily high of $8.20, a gain of around 30 percent since close on June 27.

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Results for HALO
Stock Rocket
29 Aug 15 00:26:26
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NksdAu $WFR $HALO $PNK
SmallCaps
28 Aug 15 21:53:06
http://t.co/VXN22IbV2a < top 5 traders on @profitly all make many millions per year which is amazing! $SO $AKS $HALO $EPZM $EWQ
Hisurfexp
28 Aug 15 19:42:14
$HLX $6.50 2,001,862.00 $HALO $18.41 1,285,045.00 $GSM $13.47 636,788.00 $GGB $1.48 3,432,684.00 $GLUU $4.53 1,321,788.00
kenr0966
28 Aug 15 19:41:00
RT @WallStJesus: $HALO SEPTEMBER BULL FLOW
Thanhhongluong
28 Aug 15 19:11:49
RT @TravisMKnight: Back Into A Pile Of Cash... Super Long $BDSI $OHRP Few $HALO..
WatchTheFunds
28 Aug 15 17:43:02
$HALO Institutional ownership up 1.49% Q/Q, with 1,357,080 net purchase http://t.co/oyIUtelojV http://t.co/YmmhLfo6tf
Stock Rocket
28 Aug 15 17:37:51
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NkJOZ4 $HALO $HSTM $NTIC
sonicsheena
28 Aug 15 17:33:51
RT @BowersMarty: @fezziwig2008 I saw $halo got a little chatter today re $bxlt on Twitter. I'm hoping $aria is a smoke screen because $hal…
Alexander Newmayer
28 Aug 15 17:14:14
RT @StockDawgzz: Our Platinum Members Saw Stock Picks Gin Over 550% In 5 Weeks! See Our Exclusive New Pick: http://t.co/V9CRygFGCi $HALO $H…
Stockaholics
28 Aug 15 17:11:53
Platinum Subscribers Saw Our Stock Picks Gain 4,000% In 10 Months! See Our New Pick: http://t.co/g5i9WatmiT $HALO $HSTM $NTIC
fezziwig2008
28 Aug 15 17:11:22
@BowersMarty yes but $AMGN makes most sense - 4 projects perfect for $HALO
Stock Dawgzz
28 Aug 15 17:05:33
Our Platinum Members Saw Stock Picks Gin Over 550% In 5 Weeks! See Our Exclusive New Pick: http://t.co/V9CRygFGCi $HALO $HSTM $NTIC
StockenheimerSchmidt
28 Aug 15 17:01:30
Our Penny Stock Picks Have Been Seeing MASSIVE gains! We Have A Big New Pick Coming: http://t.co/kfHwjHzHOI $HALO $HSTM $NTIC
RB
28 Aug 15 16:57:40
@fezziwig2008 @MarkSchoenebaum @Q2 $kite and $halo colab for solid tumors? @Arie_Belldegrun
RB
28 Aug 15 16:55:17
@fezziwig2008 @MarkSchoenebaum @Q2 dont forget $kite and $halo and $amgn all related in many ways🎧
Jordan Belfort
28 Aug 15 16:53:09
$ARIA Would not $HALO make more sense because of Hyqvia & GAMMAGARD LIQUID in their pipeline from Baxter alliance? Just something to ponder
Jordan Belfort
28 Aug 15 16:49:21
RT @BowersMarty: @fezziwig2008 I saw $halo got a little chatter today re $bxlt on Twitter. I'm hoping $aria is a smoke screen because $hal…
MFB
28 Aug 15 16:06:17
@fezziwig2008 I saw $halo got a little chatter today re $bxlt on Twitter. I'm hoping $aria is a smoke screen because $halo makes more sense
fezziwig2008
28 Aug 15 15:53:55
@JimCramer $AMGN "colonized" ONXX w Helen Torley- now she's @ $HALO w fellow AMgenerationers in CFO & Board Chair seats- B/O ?
Kristina Duering
28 Aug 15 13:39:39
RT @BiotechMoney18: $HALO $TTPH $MACK three B$ ideas biotech long from blog are popping bro & sis http://t.co/foBH1adEb2 hmm smart money ri…
Kristina Duering
28 Aug 15 13:35:07
RT @bullriders1: $HALO $18.19 LONG drug-delivery products Hylenex & Enhanze keep Halozyme highly diverse. $PFE $RHHBY $JNJ $ABBV $BXLT http…
Fred Feuerbach
28 Aug 15 13:23:26
RT @fezziwig2008: Changes in $HALO since $25? Down-More centers added for Primal trial, Up- Profit/ EMA approved PFS- P3/AMGN PCSK9/ CSO w …
Fred Feuerbach
28 Aug 15 13:23:12
RT @fezziwig2008: No answer from Brad/Adam on when they last saw potential suitor stock target w/former high titled execs as CEO CFO Chair…
Ram Lanka
28 Aug 15 13:06:35
@BiotechMoney18 Nice when $UVXY, $MACK, $TTPH and $HALO all work on the same day. Have a great weekend 😀
James Stuart
28 Aug 15 13:02:39
RT @fezziwig2008: @Aiims1742 how can researchers judge any PDA paper that doesnt address HA content in light of Van Hoff's confirmation of …
fezziwig2008
28 Aug 15 12:48:49
No answer from Brad/Adam on when they last saw potential suitor stock target w/former high titled execs as CEO CFO Chair of tgt $HALO ever?
fezziwig2008
28 Aug 15 12:18:46
@joaquinkam funny - those who sell ahead of wkend when PreMarket Merger Monday can bring historic price action. $HALO
Eli
28 Aug 15 12:11:12
RT @bullriders1: $HALO $18.19 LONG drug-delivery products Hylenex & Enhanze keep Halozyme highly diverse. $PFE $RHHBY $JNJ $ABBV $BXLT http…
Joaquin kam
28 Aug 15 11:53:42
$HALO look like an opportunity , $19, b4 mkt close?
StockNewsWires
28 Aug 15 11:53:05
$HALO: Sadif upgrades Halozyme Therapeutics, Inc. (NASDAQ:HALO) and …: http://t.co/aGtMb7Qfjz
biotech 2050
28 Aug 15 11:48:36
RT @fezziwig2008: Changes in $HALO since $25? Down-More centers added for Primal trial, Up- Profit/ EMA approved PFS- P3/AMGN PCSK9/ CSO w …
fezziwig2008
28 Aug 15 11:48:25
The allowance of Progressn Free Surv as a Primary Endpt (as long as a trend in OS) in metastatic P3 trial is rare acceleration per $C $HALO
fezziwig2008
28 Aug 15 11:40:06
Changes in $HALO since $25? Down-More centers added for Primal trial, Up- Profit/ EMA approved PFS- P3/AMGN PCSK9/ CSO w NK cell exp/CFO Buy
biotech 2050
28 Aug 15 11:32:38
RT @bullriders1: $HALO $18.19 LONG drug-delivery products Hylenex & Enhanze keep Halozyme highly diverse. $PFE $RHHBY $JNJ $ABBV $BXLT http…
fezziwig2008
28 Aug 15 11:32:18
RT @bullriders1: $HALO $18.19 LONG drug-delivery products Hylenex & Enhanze keep Halozyme highly diverse. $PFE $RHHBY $JNJ $ABBV $BXLT http…
fezziwig2008
28 Aug 15 11:27:03
@Aiims1742 how can researchers judge any PDA paper that doesnt address HA content in light of Van Hoff's confirmation of $HALO's foundation?
Greg Martin
28 Aug 15 11:24:15
RT @ACInvestorBlog: $HALO still running.
Antonio Costa
28 Aug 15 11:21:25
$HALO still running.
Breaking News
28 Aug 15 11:09:02
$HALO: Earnings Surprise in Focus: Halozyme Therapeutics, Inc. (NASDAQ …: http://t.co/Swb8TdNRNJ
Syed Waqas Nabi
28 Aug 15 11:00:17
A bullish Big MAC (Bullish) has occurred at 1:15 PM Aug 28 at $18.36 on Halozyme Therapeutics Inc (HALO) $HALO
dino perlman
28 Aug 15 10:53:10
@dsobek @srqstockpicker if they are serious $HALO makes far more sense
Kristina Duering
28 Aug 15 10:52:11
RT @JasonHolman5: Nice $HALO mention for pancreatic&different players in Ovarian I-O, w/focus on combo therapy. https://t.co/BSoQU9hTcG
Kristina Duering
28 Aug 15 10:51:52
RT @WallStJesus: $HALO SEPTEMBER BULL FLOW
Gotham City Capital
28 Aug 15 10:48:32
Back Into A Pile Of Cash... Super Long $BDSI $OHRP Few $HALO..
fezziwig2008
28 Aug 15 10:44:03
@bradloncar @Bursatilbiotech @AdamSinger Brad you actually fed me positive $HALO info twice this week - we have to do an ESRX ETF w $HALO in
Me Likeitalot
28 Aug 15 10:43:29
$HALO Hey, you know that's not in his contract agreement!.....lol. Good job Fezzi!
Scott Spencer
28 Aug 15 10:41:46
$HALO $18.19 LONG drug-delivery products Hylenex & Enhanze keep Halozyme highly diverse. $PFE $RHHBY $JNJ $ABBV $BXLT http://t.co/GQcucJJsNJ
Brad Loncar
28 Aug 15 10:39:46
@Bursatilbiotech @AdamSinger @fezziwig2008 @arielsbdar Hadn't seen it b/c Fezz updates us on everything about $HALO except the price drop.
Bursatil Biotech
28 Aug 15 10:38:07
have you guys seen this @bradloncar @AdamSinger @fezziwig2008 @arielsbdar ? $HALO http://t.co/LbUTKZEwHR
biotech 2050
28 Aug 15 10:34:15
RT @WallStJesus: $HALO SEPTEMBER BULL FLOW
				
				
By  +Follow June 28, 2013 12:21PM
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