05.05.2017 12:10:00

Research Reports Initiation on Biotech Stocks -- Trevena, Ocular Therapeutix, INSYS Therapeutics, and Pain Therapeutics

NEW YORK, May 5, 2017 /PRNewswire/ --

This morning's research on Stock-Callers.com draws investors' attention to the Biotech space, which is characterized by long development lead times, as it can take as much as a decade to get a new drug from test tube to pharmacy shelf. Companies under assessment are: Trevena Inc. (NASDAQ: TRVN), Ocular Therapeutix Inc. (NASDAQ: OCUL), INSYS Therapeutics Inc. (NASDAQ: INSY), and Pain Therapeutics Inc. (NASDAQ: PTIE). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration 


Trevena
 

On Thursday, shares in King of Prussia, Pennsylvania headquartered Trevena Inc. recorded a trading volume of 661,095 shares. The stock ended the session 2.95% lower at $3.29. The Company's shares are trading 8.42% below their 50-day moving average. Moreover, shares of Trevena, which develops various therapies based on breakthrough science to benefit patients and healthcare providers confronting serious medical conditions, have a Relative Strength Index (RSI) of 43.48.

On May 04th, 2017, Trevena announced financial results for the quarter ended March 31st, 2017. The Company reported a net loss attributable to common stockholders of $20.7 million for Q1 2017; research and development expenses of $16.1 million; general and administrative expenses of $4.9 million; and cash, cash equivalents and marketable securities of $97.9 million. The free research report on TRVN is available at:

http://stock-callers.com/registration/?symbol=TRVN


Ocular Therapeutix  

Bedford, Massachusetts headquartered Ocular Therapeutix Inc.'s stock closed the day flat at $9.10 with a total trading volume of 483,733 shares. The Company's shares have advanced 5.81% in the past month, 32.46% in the previous three months, and 8.72% since the start of this year. The stock is trading 2.54% and 18.82% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Ocular Therapeutix, which focuses on the development and commercialization of therapies for diseases and conditions of the eye using its proprietary hydrogel platform technology in the US, have an RSI of 52.32.

On May 02nd, 2017, Ocular Therapeutix announced that 11 abstracts on drug-product candidates incorporating its proprietary hydrogel platform technology will be presented on May 07th, 2017 to May 11th, 2017 at the Association for Research in Vision and Ophthalmology Annual Meeting in Baltimore, MD. Clinical data on some of the Company's current pipeline products, including DEXTENZA™ (dexamethasone insert) 0.4 mg, OTX-TP (travoprost insert), and OTX-TKI (tyrosine kinase inhibitor), will be presented during the conference. The complimentary report on OCUL can be downloaded at:

http://stock-callers.com/registration/?symbol=OCUL


INSYS Therapeutics  

Shares in Chandler, Arizona headquartered INSYS Therapeutics Inc. recorded a trading volume of 331,562 shares. The stock ended yesterday's trading session 0.75% lower at $10.65. The Company's shares have advanced 5.65% in the past month, 7.68% in the previous three months, and 15.76% on an YTD basis. The stock is trading below its 50-day moving average by 3.00%. Furthermore, shares of INSYS Therapeutics, which develops and commercializes supportive care products, have an RSI of 47.13.

On April 25th, 2017, INSYS Therapeutics announced that it will release its Q1 2017 financial results on Tuesday, May 09th, 2017, before the US financial markets open. Following the release of the financial results, Saeed Motahari, President and CEO, and Darryl S. Baker, CFO, will host a conference call at 10:00 a.m. EDT. Visit us today and download our complete research report on INSY for free at:

http://stock-callers.com/registration/?symbol=INSY


Pain Therapeutics  

Austin, Texas-based Pain Therapeutics Inc.'s stock finished Thursday's session 4.33% lower at $0.78 with a total trading volume of 176,202 shares. The Company's shares have advanced 38.04% over the previous three months and 37.14% since the start of this year. The stock is trading above its 50-day moving average by 2.67%. Additionally, shares of Pain Therapeutics, which develops drugs for treating nervous system in the US, have an RSI of 49.97.

On April 25th, 2017, Pain Therapeutics reported financial results for Q1 2017. Net loss was $2.7 million for the quarter; net cash used was $1.5 million; research and development expenses decreased to $1.4 million; and general and administrative expenses decreased to $1.4 million. Get free access to your technical report on PTIE at:

http://stock-callers.com/registration/?symbol=PTIE

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