Breakfast Technical Briefing on Generic Drugs Stocks -- Horizon Pharma, Mylan, Neurocrine Biosciences, and Rigel Pharma

NEW YORK, August 14, 2017 /PRNewswire/ --

If you want a Stock Review on HZNP, MYL, NBIX, or RIGL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The top fifty Generic Drugs producers had combined revenues of $92 billion in 2016, according to a Visiongain report. The top ten generic-drug producers have a 62% share of the total revenue made by these top fifty companies. Additionally, 30% of the top fifty generic-drug producers fall under the rest-of-the-world region. In today's pre-market research, DailyStockTracker.com highlights the performances of Horizon Pharma PLC (NASDAQ: HZNP), Mylan N.V. (NASDAQ: MYL), Neurocrine Biosciences Inc. (NASDAQ: NBIX), and Rigel Pharmaceuticals Inc. (NASDAQ: RIGL). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Horizon Pharma 

Dublin, Ireland headquartered Horizon Pharma PLC's stock jumped 4.68%, finishing last Friday's trading session at $12.08. A total volume of 5.29 million shares was traded, which was above their three months average volume of 4.55 million shares. The Company's shares have gained 18.55% over the previous three months. The stock is trading above its 50-day moving average by 0.92%. Additionally, shares of Horizon Pharma, which engages in identifying, developing, acquiring, and commercializing medicines for the treatment of orphan diseases, arthritis, pain, and inflammation and inflammatory diseases, have a Relative Strength Index (RSI) of 48.06.

On August 03^rd, 2017, Horizon Pharma announced that it has appointed Pascale Witz and James Shannon, M.D. to its Board of Directors. Ms. Witz brings more than two decades of global healthcare management experience to the Board, and most recently served as Executive Vice President, global diabetes and cardiovascular at Sanofi. Dr. Shannon brings more than 25 years of clinical development experience, and most recently served as The Chief Medical Officer of GlaxoSmithKline. See our free and comprehensive research report on HZNP at:

http://dailystocktracker.com/registration/?symbol=HZNP

Mylan 

Shares in Hatfield, the UK-based Mylan N.V. ended at $30.88, dropping 4.37% from the last trading session. The stock recorded a trading volume of 11.08 million shares, which was above its three months average volume of 5.93 million shares. The Company's shares are trading 18.36% below their 50-day moving average. Moreover, shares of Mylan have an RSI of 21.42.

On August 07^th, 2017, research firm Morgan Stanley reiterated its 'Equal-Weight' rating on the Company's stock with a decrease of the target price from $52 a share to $36 a share.

On August 08^th, 2017, Mylan Pharmaceuticals Private Limited, a subsidiary of Mylan, has received marketing authorization from the Drug Controller General of India for its antiretroviral drug Avonza™ (TLE400). Avonza™ is a fixed-dose combination comprised of Efavirenz, Lamivudine, and Tenofovir Disoproxil Fumarate Tablets, 400 mg/300 mg/300 mg, recommended by the World Health Organization as an alternative first-line regimen for people being treated for HIV/AIDS. MYL free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=MYL

Neurocrine Biosciences 

On Friday, shares in San Diego, California headquartered Neurocrine Biosciences Inc. recorded a trading volume of 705,126 shares. The stock rose 0.41%, closing the day at $54.07. The Company's shares have gained 14.43% in the last one month, 0.82% over the previous three months, and 39.72% on an YTD basis. The stock is trading 14.44% above its 50-day moving average and 17.62% above its 200-day moving average. Additionally, shares of Neurocrine Biosciences, which discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders, have an RSI of 70.49.

On July 21^st, 2017, Neurocrine Biosciences announced that Julie Cooke is joining as Chief People Officer in September 2017, and will be a member of the Management Committee. Ms. Cooke comes to the Company from the Sanford Burnham Prebys Medical Research Institute, where she served as Senior Vice President for Human Resources and was a member of the executive management team. Sign up for your complimentary report on NBIX at:

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Rigel Pharma 

At the close of trading on Friday, shares in South San Francisco, California-based Rigel Pharmaceuticals Inc. recorded a trading volume of 445,151 shares. The stock finished the session 0.46% lower at $2.18. The Company's shares are trading below their 50-day moving average by 14.01%. Furthermore, shares of Rigel Pharma, which engages in the discovery and development of drugs in the therapeutic areas of immunology, oncology, and immuno-oncology, have an RSI of 30.85.

On August 01^st, 2017, Rigel Pharmaceuticals reported financial results for Q2 and six months ended June 30^th, 2017. For Q2 2017, net loss was $19.1 million, or $0.16 per basic and diluted share. For the six months ended June 30^th, 2017, net loss was $34.5 million, or $0.29 per basic and diluted share. As of June 30^th, 2017, the Company had cash, cash equivalents, and short-term investments of $82.3 million. Register for free on DailyStockTracker.com and download the latest research report on RIGL at:

http://dailystocktracker.com/registration/?symbol=RIGL

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