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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:07 EDTLJPCLa Jolla Pharmaceutical receives notice of allowance for patent
La Jolla Pharmaceutical Company announced that the United States Patent and Trademark Office has issued a notice of allowance for patent application number 13/888,158 covering methods of treating chronic inflammation using modified pectin. Specifically, the patent, which expires in 2025 without taking into account patent term extension, provides proprietary protection for methods of treating chronic inflammation by administration of modified pectin with a molecular weight greater than 25 kilodaltons.
News For LJPC From The Last 14 Days
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February 9, 2016
10:01 EDTLJPCOn The Fly: Analyst Initiation Summary
Today's noteworthy imitations include: ANSYS (ANSS) initiated with an Overweight at Mitsubishi UFJ... Antero Midstream (AM) initiated with a Buy at Janney Capital... Autodesk (ADSK) initiated with a Neutral at Mitsubishi UFJ... Cheesecake Factory (CAKE) initiated with a Buy at Maxim... Depomed (DEPO) initiated with a Buy at UBS... Fleetmatics (FLTX) initiated with a Market Perform at Avondale... Glaukos (GKOS) initiated with an Overweight at Piper Jaffray... La Jolla (LJPC) initiated with an Outperform at Cowen... Manhattan Associates (MANH) initiated with a Market Perform at Avondale... Metabolix (MBLX) initiated with a Buy at Rodman & Renshaw... Opower (OPWR) initiated with an Outperform at Avondale... Social Reality (SCRI) initiated with a Buy at Rodman & Renshaw... Splunk (SPLK) initiated with an Overweight at Mitsubishi UFJ... Sucampo (SCMP) initiated with a Buy at UBS... Ultragenyx (RARE) initiated with a Buy at H.C. Wainwright... Workday (WDAY) initiated with an Overweight at Mitsubishi UFJ.
06:15 EDTLJPCLa Jolla initiated with an Outperform at Cowen
Cowen analyst Phil Nadeau initiated La Jolla with an Outperform rating and $40 price target on shares. The analyst said La Jolla's lead candidate, LJPC-501, an angiotensin II vasoconstrictor and a key regulator of blood pressure, will succeed in its Phase III trial in late 2016 and estimates that peak U.S. sales potential of over $1B.
February 8, 2016
16:31 EDTLJPCVisium Asset Management 6.5% passive stake in La Jolla

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