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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
KSS, MD, PhD
1 Jul 15 09:46:06
RT @fezziwig2008: $KITE $AMGN Agreement aiming @ Solid Tumors http://t.co/Tp1VgyLjnz Kite's CAR-T & Amgen's targets+ $HALO for access? htt…
Fred Feuerbach
1 Jul 15 09:40:45
RT @fezziwig2008: $KITE $AMGN Agreement aiming @ Solid Tumors http://t.co/Tp1VgyLjnz Kite's CAR-T & Amgen's targets+ $HALO for access? htt…
StockenheimerSchmidt
1 Jul 15 09:39:34
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biotech 2050
1 Jul 15 09:35:31
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biotech 2050
1 Jul 15 09:33:57
RT @fezziwig2008: Almost got CAR-Ted away w $AMGN - $KITE solid tumor target/need for $HALO -forgot $AMGN oncolytic virus penetration https…
Stockaholics
1 Jul 15 09:32:37
$SUTI Has Now Seen 400% Gains In The Past 2 Weeks! Special Update: http://t.co/l1zbyeF3OQ $HALO $HSTM $NTIC
Penny Stockington
1 Jul 15 09:28:53
$SUTI Has Gained 66.67%, Since Our Penny Stock Blog Alert! Huge News: http://t.co/llIxl7uvGj $WFR $HALO $PNK
fezziwig2008
1 Jul 15 09:26:58
Almost got CAR-Ted away w $AMGN - $KITE solid tumor target/need for $HALO -forgot $AMGN oncolytic virus penetration https://t.co/8fPedg8toD
Stock Dawgzz
1 Jul 15 09:21:41
Our Platinum Subscribers Saw Their Penny Stock Alerts Gain Over 200% In 2 Weeks! Big Update: http://t.co/Lhta1y8KaK $WFR $HALO $PNK
Stock Rocket
1 Jul 15 09:02:52
Our Penny Stock Newsletter Alerts Gained 200% In 2 Weeks! Get Our Next Pick Early: http://t.co/4eX1MHBloV $WFR $HALO $PNK
12Stocks.com
1 Jul 15 08:57:38
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Media Sentiment
1 Jul 15 08:48:36
$HALO received a new alert. Find out why at http://t.co/nZwqReM0tj #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 196
CMG-The Best Stocks
1 Jul 15 08:45:17
RT @InvestorsAlley: Buy these 3 undervalued biotech stocks that are in full breakout mode $HALO $SGYP $PGNX http://t.co/D74mBdjEab #biotech…
fezziwig2008
1 Jul 15 08:40:27
Successful Solid Tumor CAR-T will be an expedition through which access will always be key - $HALO holds the Key. http://t.co/4u8wQIXjCF
Investors Alley
1 Jul 15 08:40:19
Buy these 3 undervalued biotech stocks that are in full breakout mode $HALO $SGYP $PGNX http://t.co/D74mBdjEab #biotech #breakout
Penny Stockington
1 Jul 15 08:37:52
$SUTI Has Gained 66.67%, Since Our Penny Stock Blog Alert! Huge News: http://t.co/llIxl7uvGj $HALO $HSTM $NTIC
Stock Dawgzz
1 Jul 15 08:32:58
Our Platinum Subscribers Saw Their Penny Stock Alerts Gain Over 200% In 2 Weeks! Big Update: http://t.co/Lhta1yqlzk $HALO $HSTM $NTIC
fezziwig2008
1 Jul 15 08:25:41
"Hyaluronan Pericelular Coat Visualized" http://t.co/PqGLB463JL "Rx w Hyaluronidase caused retraction of protrusions" $HALO $BLUE $AMGN
Stock Rocket
1 Jul 15 08:16:07
Our Penny Stock Newsletter Alerts Gained 200% In 2 Weeks! Get Our Next Pick Early: http://t.co/4eX1MHBloV $HALO $HSTM $NTIC
fezziwig2008
1 Jul 15 07:58:33
$BLUE & $FPRX note their mystery protein tgt is in solid cells as if their were no Hyaluronan barrier to cross $HALO http://t.co/UTGDqZ8Inr
wsnewspublishers
1 Jul 15 07:50:14
Active Stocks News Update: http://t.co/LLBYJNBxNs $HALO $MMM $NXTM $DISCA
WatchTheFunds
1 Jul 15 07:39:02
$HALO Institutional ownership up 1.5% Q/Q, with 1,357,080 net purchase http://t.co/oyIUtelojV http://t.co/mDgzoqsCSs
fezziwig2008
1 Jul 15 07:35:01
$BLCM preclin Solid tumor trial based on PRAME Ag of melanoma but no access another need for $HALO if nonexclusive http://t.co/FVgOMPW4lH
Kristina Duering
1 Jul 15 07:21:42
RT @fezziwig2008: $CLLS $PFE target 5T4 tumour ag-unique prot. on common solid cas- http://t.co/o7Kvv9PcDv Good Safety No Access $HALO htt…
fezziwig2008
1 Jul 15 06:46:11
$CLLS $PFE target 5T4 tumour ag-unique prot. on common solid cas- http://t.co/o7Kvv9PcDv Good Safety No Access $HALO http://t.co/gtnNvKb9Z8
G
1 Jul 15 06:39:02
$HALO continues its move
EQLiveTrader
1 Jul 15 06:36:36
Top 15 Stocks Today $LMAT $CFI $CACC $LPNT $JRVR $DXCM $LJPC $HALO $CHRS $BLVD $PINC $HRTG $FOLD $ATTO $FCB
Anna De
1 Jul 15 06:31:24
@AlexandriaCairo @fezziwig2008 must be some new #nasdaq original reality show featuring $halo with best supporting actor $fezz?
Aniu Student
1 Jul 15 06:31:17
$HALO @ $23!!!
Time=Best Stock
1 Jul 15 06:21:35
RT @ProfitTradeRoom: Premarket: $TLOG +41.0% $HMNF +18.2% $PSEM +5.0% $GLNG +2.7% $JBSS +2.5% // $ALDR -7.1% $RDUS -6.0% $ARNA -5.9% $SRPT …
fezziwig2008
1 Jul 15 06:19:15
$KITE $AMGN Agreement aiming @ Solid Tumors http://t.co/Tp1VgyLjnz Kite's CAR-T & Amgen's targets+ $HALO for access? http://t.co/OgEzToRRZH
Profit Trade Room
1 Jul 15 06:18:15
Premarket: $TLOG +41.0% $HMNF +18.2% $PSEM +5.0% $GLNG +2.7% $JBSS +2.5% // $ALDR -7.1% $RDUS -6.0% $ARNA -5.9% $SRPT -3.1% $HALO -2.8%
Penny Stock Secret
1 Jul 15 06:04:52
Yesterday We Made $54,000 In Just One Trade More Info Here http://t.co/SVqoMkrw2z .. $WFR $HALO $PNK
Stocks Mentor
1 Jul 15 05:59:39
Todays Watchlist: $FEYE $INSY $CYBR $HALO $TWTR $CMCM http://t.co/2chYR9Tm8q
Helen Ong
1 Jul 15 05:35:36
$HALO heading for $25 (this week) and beyond...PM very strong
fezziwig2008
1 Jul 15 04:59:05
@Bursatilbiotech @Biotech2050 who was here on Monday? $HALO was green in Red Sea of Bios on my list - I must have the wrong list but 1? ha
Traderinvestor
1 Jul 15 04:52:55
Watch list 7/1/15 $EXEL $SNSS $HALO $AKBA $KING $FOLD $TWTR $PIR $BABA $SLCA $WB $WWWW $HRTX
nasdaqfan
1 Jul 15 04:39:06
HZNP Horizon Pharma plc P/E Ratio http://t.co/hrHAzzo6ev $HZNP $Z $HALO $TWTR #HZNP #share #share
Lucky Jimmy
1 Jul 15 04:38:07
HALO Halozyme Therapeutics Inc. Stock Forum http://t.co/FjntpJdZXh $HALO $MRK $DBC $UNGS #HALO #finance #invest
danrocks
1 Jul 15 04:36:37
FB Facebook, Inc. Ask http://t.co/AYz665tAPh $FB $JD $BLTA $HALO #FB #nasdaq #finance
fezziwig2008
1 Jul 15 04:34:10
$HALO Nasdaq Futures up almost 40 on Optimism on Greece
Breaking News
1 Jul 15 03:45:02
$HALO: Halozyme Therapeutics, Inc. (NASDAQ:HALO) Analyst Rating Update: http://t.co/clHuObvLky
Breaking News Now
1 Jul 15 03:34:02
$HALO: Biotech Stocks with Optimistic Trend - Halozyme Therapeutics, Inc ...: http://t.co/keSuqD9Srw
Gotham City Capital
1 Jul 15 03:09:01
Long $HALO.. Adding More $AKAO $SGYP for lotto.. Watching $GNCA $BDSI.
12Stocks.com
1 Jul 15 03:04:01
Weekly SmallCap #Stocks Trend $AOI $ONE $JAKK $NWY $CFI $NPK $ACRX $BOOT $HALO $AHS $RDUS $GNCA $BRLI more@ http://t.co/Giravo3fg9
Gotham City Capital
1 Jul 15 02:25:21
$SPY #DJIA About To Smoke That Red Candle In Futures Trading! Get Longs Ready!! $AKAO $GNCA $SGYP $HALO $BDSI http://t.co/IaQIKeL3dU
biotech 2050
1 Jul 15 01:47:05
$ACAD $HALO $XLRN IV post by RC http://t.co/uNOVsx89EM
Scott Thomas
1 Jul 15 00:40:19
RT @ACInvestorBlog: $HALO Nice breakout. Watch for continuation. http://t.co/QSolxRnkn7
Helen Ong
30 Jun 15 23:48:53
$HALO onto the $30s by YE https://t.co/jVDuFE2P7D
Kristina Duering
30 Jun 15 23:02:28
RT @ACInvestorBlog: $HALO Nice breakout. Watch for continuation. http://t.co/QSolxRnkn7
				
				
By  +Follow June 28, 2013 12:21PM
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