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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
Skeptical PhD
19 Apr 15 15:03:26
@pbmech @fezziwig2008 No problemo amigo, $HALO underdelivery and overpromising just tends to annoy me. Pros at moving the goal post.
Ponty
19 Apr 15 14:59:32
RT @SkepticalPhD: @pbmech @fezziwig2008 Funny how this part of recent $HALO pub isnt shown, curves don't exactly support the hypothesis htt…
Skeptical PhD
19 Apr 15 14:58:52
@pbmech @fezziwig2008 $HALO Majority of effect is bc they artificially cranked up HA in the xenografts, that's why Peg alone has such strong
Ponty
19 Apr 15 14:51:36
@SkepticalPhD @fezziwig2008 I know $HALO HA+ (= sugar or not) but saw this sm time ago http://t.co/K0YmK72Jck
Skeptical PhD
19 Apr 15 14:50:53
@pbmech @fezziwig2008 Funny how this part of recent $HALO pub isnt shown, curves don't exactly support the hypothesis http://t.co/X3CNWLIpKY
PolgarStocks
19 Apr 15 14:50:12
$HALO Opinions Updated Sunday, April 19, 2015 5:06:54 PM $FWDG $GOOG $AMZN $PACB http://t.co/4KThR32dQj
David Nole
19 Apr 15 14:45:56
RT @MarathonWealth: Last Week #Biotech $XBI +.61% $IBB -0.52% GREEN: $ALNY $EXEL $AMGN $ILMN $FMI $OPK RED: $HALO $BIIB $REGN $GILD $CELG $…
nixon786
19 Apr 15 14:42:22
$JUNO $KITE $NVS #AACR15 #CART-meso IF tumor is not vascular then CART might need "drillers" like $HALO
fezziwig2008
19 Apr 15 14:34:14
@pbmech @SkepticalPhD 3rd Topnotch MD @ $HALO - running Primal NSCLC Trial- Sam Dychter- successful Hx in Drug Development
Russell Barbour
19 Apr 15 14:32:38
http://t.co/6U7tJSlFGx <--learn how to increase your trading profits with my new ebook $AGG $INFI $HALO $TSRO
Skeptical PhD
19 Apr 15 14:32:22
@pbmech @fezziwig2008 $HALO Meso abstract states cells localized to sites, persistance/activation problem, no evidence cells were blocked.
fezziwig2008
19 Apr 15 14:26:21
@BrandenMuhl $NVS When Response REQUIRES Hyaluronan Penetration, one Needs Hyaluronidase- Acrosomal does an excelllent job =PegpH20 $HALO
Ponty
19 Apr 15 14:24:34
@SkepticalPhD @fezziwig2008 $HALO did attract good CEO & now good CMO as well. & Enhanze P/N as well, So I m digging in more.
Skeptical PhD
19 Apr 15 14:18:02
@pbmech @fezziwig2008 Realize that all of $HALO data comes from them using cells that are gen. engi to mass produce HA. It's a completely
Alpha Maven
19 Apr 15 14:16:31
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
IH News Desk
19 Apr 15 14:14:54
$HALO Company Info Updated Sunday, April 19, 2015 5:10:41 PM $ATVI $UWTI $SLB $TBT http://t.co/QlcN7dl8OC
fezziwig2008
19 Apr 15 14:11:41
@Val_Invest_12 When CAR-T enter bloodstream they can successfully Rx Blood CA/When they successfully nter sold tumors then can Rx them $HALO
Ponty
19 Apr 15 14:08:13
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
Rosner Stocks
19 Apr 15 13:42:58
$SYN Last Price Updated Sunday, April 19, 2015 3:59:20 PM $XIV $XIV $INTC $HALO http://t.co/GZDq4hLOhA
Rosner Stocks
19 Apr 15 13:42:58
$SBUX Filings Updated Sunday, April 19, 2015 3:59:20 PM $GDXJ $HALO $AA $HJOE http://t.co/AJ0RUx9vGw
Langan Stocks
19 Apr 15 13:39:49
$BAC Percent Change Updated Sunday, April 19, 2015 4:03:07 PM $CERN $HALO $COWN $DLTR http://t.co/Rwk3U2hNyV
fezziwig2008
19 Apr 15 13:39:14
@PinkyG123 1st PD(L)-1 maker who realizes that their mAb molecules are too large to diffuse uniformly will try to partner $HALO I agree
Kristina Duering
19 Apr 15 13:38:01
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
Jeff Sandene, CFP®
19 Apr 15 13:27:12
Last Week #Biotech $XBI +.61% $IBB -0.52% GREEN: $ALNY $EXEL $AMGN $ILMN $FMI $OPK RED: $HALO $BIIB $REGN $GILD $CELG $ISIS $VRTX $ALXN $MYL
Pinky G Felinious
19 Apr 15 13:14:16
@fezziwig2008 $BMY may try to get exclusive deal with $halo for the peg-pd1 combo trial. Their ipi drug taking some hits. V. acquisitive.
IH News Desk
19 Apr 15 13:12:15
$BSX Filings Updated Sunday, April 19, 2015 3:10:45 PM $HALO $MMM $SOXL $LEMB http://t.co/9kZoA8kcTl
fezziwig2008
19 Apr 15 13:05:28
@Val_Invest_12 true when talking CAR-T Survival/Efificacy BUT- As in any adult encounter- lack of penetration is a non starter $HALO
Pinky G Felinious
19 Apr 15 13:01:44
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
judith
19 Apr 15 12:43:59
RT @fezziwig2008: No one RT'd this Tweet on Wed-Today it proves true- $HALO Rx needed for any Solid Tumor CAR-T- as Dr June discovered http…
fezziwig2008
19 Apr 15 12:42:57
No one RT'd this Tweet on Wed-Today it proves true- $HALO Rx needed for any Solid Tumor CAR-T- as Dr June discovered https://t.co/VMMxI93MC0
Langan Stocks
19 Apr 15 12:36:36
$HALO Stock Message Board Updated Sunday, April 19, 2015 3:03:12 PM $NFLX $SBUX $IWM $EWG http://t.co/vIvTl7VB4r
Olaf Ray Benson
19 Apr 15 12:19:03
@pbmech @ggmondellini @fezziwig2008 @Lin_ling_88 Just hold $halo and prosper. Not as surging or flashy as $kite $juno but derisked and sure
Olaf Ray Benson
19 Apr 15 12:16:57
RT @Lin_ling_88: @SkepticalPhD $HALO!
Olaf Ray Benson
19 Apr 15 12:16:40
RT @pbmech: @ggmondellini $ADRO & $HALO are in consideration for unmet need in PANCREATIC Cancers. Will command premiums.
Capital Market Labs
19 Apr 15 11:53:20
$NLNK vs. $HALO vs. $MACK vs. $ARIA Compared Across 9 Critical Measures http://t.co/8JBOIYsXPB http://t.co/UTgRZ3ucRa
Olaf Ray Benson
19 Apr 15 11:52:12
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
biotech 2050
19 Apr 15 11:48:21
RT @fezziwig2008: @AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/z…
Ponty
19 Apr 15 11:45:40
@ggmondellini $ADRO & $HALO are in consideration for unmet need in PANCREATIC Cancers. Will command premiums.
fezziwig2008
19 Apr 15 11:43:22
@AndyBiotech OF Course $NVS/Dr June Can't get into solid tumor through Hyaluronan- they need PegpH20- $HALO http://t.co/zLRuZRickW
SmallCaps
19 Apr 15 11:39:52
http://t.co/zyLRFc8QG6 <--learn how to increase your trading profits with my new ebook $AGG $INFI $HALO $TSRO #stocks
PolgarStocks
19 Apr 15 11:34:37
$HALO Stock Price Updated Sunday, April 19, 2015 2:06:59 PM $GDX $GOOG $XLK $LEMB http://t.co/5cfIIpCPDB
Skeptical PhD
19 Apr 15 10:46:01
@Lin_ling_88 ....no, not $HALO.
Helen Ong
19 Apr 15 10:35:58
@SkepticalPhD $HALO!
PolgarStocks
19 Apr 15 10:34:08
$MYEC Filings Updated Sunday, April 19, 2015 1:06:59 PM $RXMD $HALO $AXP $VDSI http://t.co/5gCYnU2YEJ
IH News Desk
19 Apr 15 10:07:52
$GULTU Company Info Updated Sunday, April 19, 2015 12:10:45 PM $AVGO $HALO $SMH $WMIH http://t.co/8KrphLC8Ng
fezziwig2008
19 Apr 15 09:37:52
@matthewherper "Heterogeneous distribution-Large regions of cells can escape Rx become resistant" http://t.co/zKBpIvHuOI diffusion key $HALO
IH News Desk
19 Apr 15 09:07:07
$MNKD Filings Updated Sunday, April 19, 2015 11:10:44 AM $HALO $LUV $VDSI $IBB http://t.co/AocxfZSliY
ProVesting
19 Apr 15 08:20:02
$IBN $HALO: Eye Catching Stocks: ICICI Bank Ltd. (NYSE:IBN), Halozyme ...: http://t.co/sPKEETrvtd
fezziwig2008
19 Apr 15 07:52:39
#AACR15 HA depletion increased access of Tcell/anti-human PD-L1-PEGPH20 may enhance effcy of check point blking $HALO http://t.co/0fUh7TCHKE
Langan Stocks
19 Apr 15 07:31:23
$SPG News Updated Sunday, April 19, 2015 10:03:10 AM $ADMD $HALO $BX $CVS http://t.co/jdOZ2IB1iF
				
				
By  +Follow June 28, 2013 12:21PM
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