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News Breaks
May 21, 2014
10:11 EDTXNPTXenoPort urges stockholders to vote for all director nominees
XenoPort announced that it has filed a presentation with the U.S. SEC in connection with the company’s upcoming Annual Meeting, which will be held on June 11. Highlights of the presentation include: XenoPort’s Board of Directors and management team are committed to realizing the full potential of XenoPort’s assets; XenoPort’s Board is active and engaged, and has the depth, diversity of skills and expertise needed to oversee the execution of XenoPort’s strategy; XenoPort is making meaningful progress commercializing and building value in HORIZANT Extended-Release Tablets. With its focused commercial efforts involving just ~40 sales reps, XenoPort recently achieved a level of prescribed HORIZANT tablets, based on the four-week period ending May 9, that corresponds to an annualized gross demand sales run-rate of $25M; XenoPort is committed to optimizing the value of XP23829, and is taking appropriate steps to move it through the development process.
News For XNPT From The Last 14 Days
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October 1, 2015
19:23 EDTXNPTOn The Fly: After Hours Movers
UP AFTER EARNINGS: CalAmp (CAMP), up 9%... Micron Technology (MU), up 7%. ALSO HIGHER: bebe stores (BEBE), up 12.7% after reaffirming its first quarter guidance and announcing that its September Same Store Sales turned positive... Coherus Biosciences (CHRS), up 7.5% after CHS-1701 PK/PD study met primary PD endpoints... Nordstrom (JWN), up 3.6% after announcing a special cash dividend and additional $1B repurchase program. DOWN AFTER EARNINGS: Progress Software (PRGS), down 15.7%. ALSO LOWER: Keurig Green Mountain (GMCR), down 3.1% after disclosing the that president of U.S. sales and marketing, John Whoriskey, resigned... T-Mobile (TMUS), down 1.4% after Experian (EXPGY) disclosed a data breach affecting T-Mobile customers... XenoPort (XNPT), down 5.2% after announcing that the company will discontinue the development of XP23829.
16:08 EDTXNPTXenoPort names Vincent Angotti as CEO, to focus on HORIZANT business
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