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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 Dawgzz
29 May 15 09:08:13
Our Pick On $VGTL Closed Up 28.57% Yesterday & Saw It's Highest Volume In 10 Years! Big News: http://t.co/5QjMLZ78Yd $HALO $HSTM $NTIC
WatchTheFunds
29 May 15 08:59:01
$HALO Institutional ownership up 1.5% Q/Q, with 1,357,080 net purchase http://t.co/oyIUtelojV http://t.co/cnM4Yi2vQA
Constantin Synadino
29 May 15 08:57:47
@fezziwig2008 $Halo could become (with PEG) THE one-stop shop for many (many) onc/bios/pharmas... waiting for awareness to rise...! &pps too
fezziwig2008
29 May 15 08:57:08
@xDHH7x Yes- I expect all the $HALO surv #s to be revised Upward due to add'n of LMW Heparin
Stockaholics
29 May 15 08:54:50
Our Penny Stock Pick On $THCZ Is Up 570.77% For Platinum Members! Big Update: http://t.co/dXhKtfHUdQ $HALO $HSTM $NTIC
Stock Rocket
29 May 15 08:53:25
Our Stock Alerts Gained Over 1300% In Less Than 3 Months! See Our New Picks: http://t.co/keLIhbbQwg $HALO $HSTM $NTIC
penny lane
29 May 15 08:45:31
$DIRV---http://t.co/yxiSHjCQ7U $GPRO $MSFT $HALO $FB $YHOO
fezziwig2008
29 May 15 08:40:45
But Accelerated Approval Comes for $HALO on Progression Free Survival- the Rare Primary Endpoint for Metastatic Disease-9.2 mos (MPACT 5.4)
fezziwig2008
29 May 15 08:15:20
@ASCO15 Late Breaking Data Deadline -April 1- So $HALO OS Data was still growing 2 mos ago- no indication it stopped @ Q1 Mtg in May
biotech 2050
29 May 15 08:03:12
RT @fezziwig2008: $HALO CEO Q1 15 Mtg- "excited to see- ability of PEGPH20 to increase the access of both PD1, PDL1 inhibitors, & immune ce…
fezziwig2008
29 May 15 08:02:29
$HALO CEO Q1 15 Mtg- "excited to see- ability of PEGPH20 to increase the access of both PD1, PDL1 inhibitors, & immune cell into tumor cell"
StockenheimerSchmidt
29 May 15 07:59:09
Our Pick On $VGTL Is Moving Fast & Broke It's Record Volume Level Yesterday! Special Update: http://t.co/RdlD84irlO $HALO $HSTM $NTIC
OM_freebies
29 May 15 07:52:04
#trading #psychology #stocksandoptions http://t.co/8kS9cDjAp0 $MYEC $GDXJ $XIV $PANW $HALO http://t.co/RFOEqeVd8H
Penny Stockington
29 May 15 07:47:25
Our Penny Stock Alerts Gained Over 3400% For Subscribers In 7 Months! See Our New Picks: http://t.co/nLJyVUosJ4 $HALO $HSTM $NTIC
biotech 2050
29 May 15 07:39:35
RT @fezziwig2008: OS runs approx. 1.4 x PFS- for $HALO w/o revision for added LMW Heparin, that's 12.88 mos- which would be best ever in Pa…
fezziwig2008
29 May 15 07:36:34
OS runs approx. 1.4 x PFS- for $HALO w/o revision for added LMW Heparin, that's 12.88 mos- which would be best ever in Pancreatic Cancer.
biotech 2050
29 May 15 07:17:31
RT @fezziwig2008: Last chance to own $HALO before Overall Surv # released Sun- we Know # was 7.5 mos on 3/2- 11.1mo is best ever- should …
fezziwig2008
29 May 15 07:16:47
Last chance to own $HALO before Overall Surv # released Sun- we Know # was 7.5 mos on 3/2- 11.1mo is best ever- should be 10.5mo & growing
fezziwig2008
29 May 15 06:52:04
@ASCO15 The reason CAR-T for #pancan Failed 1st 2 of 2 trials & w/PD-1 Inhibitor failed also is high Hyaluronan content in majority $HALO
fezziwig2008
29 May 15 06:26:00
CAR-T Toxicity led "NIH Recombinant DNA Ad Comm>recommend implementing careful dose-escalation plans" Cause less is more IF Access OK $HALO
fezziwig2008
29 May 15 05:54:32
The Influence of $HALO recombinant Acrosomal Hyaluronidase spreading surely around the world http://t.co/2xjv5NKgJi
biotech 2050
29 May 15 05:42:13
RT @fezziwig2008: Keep this relationship in mind as @ASCO begins today - Better CAR-T access means lower dose needed means less toxicity fo…
fezziwig2008
29 May 15 05:38:31
Keep this relationship in mind as @ASCO begins today - Better CAR-T access means lower dose needed means less toxicity for same effect $HALO
Aniu Student
29 May 15 05:19:32
@fezziwig2008 @doublehooligan Fezz is forgetting 2tell u that he dumped his $HALO shares then himself,DoubleH. U'r smart 2 ? his every word.
fezziwig2008
29 May 15 05:04:50
@doublehooligan Yeah things are dire here Hooligan - $HALO closed @ $7.96 on 6/2/14- Longs are up 118% since then ....
Hooligan
29 May 15 04:02:09
$HALO PEGPH20 wasent very well recieved at last years ASCO either... check your history. 100% drop after theyre 'presentation'
Capital Market Labs
29 May 15 03:25:52
$OPHT vs. $IRWD vs. $HALO vs. $ARIA Compared Across 9 Critical Measures http://t.co/bZNZ4XIH8c http://t.co/RAF46nTG1V
biotech 2050
29 May 15 03:20:10
RT @fezziwig2008: The Inverse Relationship of Hyaluronan Level & Response to anti CD19 & CTL019 CAR-T in NHL-FL vs DBLCL Blood Ca $HALO htt…
fezziwig2008
29 May 15 02:52:58
RT @TravisMKnight: @fezziwig2008 You do your DD well FEZZ my friend.. Great job man. Hope $HALO makes you all a fortune!!
#
29 May 15 02:49:22
RT @fezziwig2008: The Inverse Relationship of Hyaluronan Level & Response to anti CD19 & CTL019 CAR-T in NHL-FL vs DBLCL Blood Ca $HALO htt…
Gotham City Capital
29 May 15 02:43:20
@fezziwig2008 You do your DD well FEZZ my friend.. Great job man. Hope $HALO makes you all a fortune!!
Gotham City Capital
29 May 15 02:42:40
RT @fezziwig2008: The Inverse Relationship of Hyaluronan Level & Response to anti CD19 & CTL019 CAR-T in NHL-FL vs DBLCL Blood Ca $HALO htt…
fezziwig2008
29 May 15 02:41:50
The Inverse Relationship of Hyaluronan Level & Response to anti CD19 & CTL019 CAR-T in NHL-FL vs DBLCL Blood Ca $HALO http://t.co/zTLUqXTyIQ
Constantin Synadino
29 May 15 02:10:33
@fezziwig2008 Which means at some point BAX & $HALO shld increase their production capacity (presumably also as sales expand in current mkts
Capital Market Labs
29 May 15 01:18:03
$OPHT vs. $ARIA vs. $HALO vs. $INSY Compared Across 9 Critical Measures http://t.co/tXEhxtNIwO http://t.co/E5CLmaduWr
Stock Dawgzz
29 May 15 00:40:10
Our Pick On $VGTL Closed Up 28.57% Yesterday & Saw It's Highest Volume In 10 Years! Big News: http://t.co/5QjMLZ78Yd $WFR $HALO $PNK
Stockaholics
29 May 15 00:34:05
Our Penny Stock Pick On $THCZ Is Up 570.77% For Platinum Members! Big Update: http://t.co/dXhKtfHUdQ $WFR $HALO $PNK
StockenheimerSchmidt
29 May 15 00:33:37
Our Pick On $VGTL Is Moving Fast & Broke It's Record Volume Level Yesterday! Special Update: http://t.co/RdlD84irlO $WFR $HALO $PNK
Stock Rocket
29 May 15 00:32:18
Our Stock Alerts Gained Over 1300% In Less Than 3 Months! See Our New Picks: http://t.co/keLIhbbQwg $WFR $HALO $PNK
Penny Stockington
29 May 15 00:29:53
Our Penny Stock Alerts Gained Over 3400% For Subscribers In 7 Months! See Our New Picks: http://t.co/nLJyVUosJ4 $WFR $HALO $PNK
WatchTheFunds
29 May 15 00:22:03
$HALO Institutional ownership up 1.51% Q/Q, with 1,357,080 net purchase http://t.co/oyIUtelojV http://t.co/zmK59MpjVu
Stock Dawgzz
28 May 15 23:53:47
Our Pick On $VGTL Closed Up 28.57% Yesterday & Saw It's Highest Volume In 10 Years! Big News: http://t.co/5QjMLZ78Yd $HALO $HSTM $NTIC
Stockaholics
28 May 15 23:47:12
Our Penny Stock Pick On $THCZ Is Up 570.77% For Platinum Members! Big Update: http://t.co/dXhKtfHUdQ $HALO $HSTM $NTIC
StockenheimerSchmidt
28 May 15 23:46:17
Our Pick On $VGTL Is Moving Fast & Broke It's Record Volume Level Yesterday! Special Update: http://t.co/RdlD84irlO $HALO $HSTM $NTIC
Stock Rocket
28 May 15 23:46:16
Our Stock Alerts Gained Over 1300% In Less Than 3 Months! See Our New Picks: http://t.co/keLIhbbQwg $HALO $HSTM $NTIC
Penny Stockington
28 May 15 23:43:16
Our Penny Stock Alerts Gained Over 3400% For Subscribers In 7 Months! See Our New Picks: http://t.co/nLJyVUosJ4 $HALO $HSTM $NTIC
biotech 2050
28 May 15 22:18:01
RT @fezziwig2008: More Funding for $HALO PegpH20 trials from $BAX > $BXLT HyQvia Launch 2015-16+ http://t.co/2xjv5NKgJi
Muzzle Break
28 May 15 22:10:40
RT @InvestWithConf: $HALO is rated BUY, 5.6% upside by Wall Street analysts based on average ratings/targets http://t.co/CrG65y1Gi0 http://…
InvestWithConf
28 May 15 22:08:02
$HALO is rated BUY, 5.6% upside by Wall Street analysts based on average ratings/targets http://t.co/CrG65y1Gi0 http://t.co/u5hNBEpNOy
fezziwig2008
28 May 15 21:48:49
More Funding for $HALO PegpH20 trials from $BAX > $BXLT HyQvia Launch 2015-16+ http://t.co/2xjv5NKgJi
				
				
By  +Follow June 28, 2013 12:21PM
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