How These Healthcare Stocks are Faring?: Synergy Pharma, Novo Nordisk, Apricus Biosciences, and Sucampo Pharma

Stock-Callers.com shifts focus on four equities in the Healthcare sector, which are Synergy Pharmaceuticals (NASDAQ: SGYP), Novo Nordisk A/S (NYSE: NVO), Apricus Biosciences Inc. (NASDAQ: APRI), and Sucampo Pharmaceuticals Inc. (NASDAQ: SCMP).

According to Deloitte’s 2017 Global Health Care Sector Outlook the challenges of providing and funding healthcare around the world are likely to continue this year due to the rising demands and associated spending of the aging population, the growing prevalence of chronic diseases and comorbidities, the development of costly clinical innovations, increasing patient expectations, and continued economic turbulence.
Synergy Pharma

On Tuesday, shares in New York headquartered Synergy Pharmaceuticals Inc. recorded a trading volume of 6.68 million shares, which was above their three months average volume of 6.57 million shares. The stock ended the session 2.20% lower at $5.79. The Company’s shares have gained 5.95% in the previous three months. The stock is trading 16.84% above its 200-day moving average. Moreover, shares of Synergy Pharma, which focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases, have a Relative Strength Index (RSI) of 45.90. On February 07th, 2017, Synergy Pharmaceuticals announced that the American Journal of Gastroenterology has published detailed results from a pivotal Phase 3 trial that demonstrated the efficacy and safety of TRULANCE™ (plecanatide) for the treatment of adults with chronic idiopathic constipation (CIC).

On January 19th, 2017, TRULANCE was approved by the US Food and Drug Administration (FDA) for the treatment of adult patients with CIC. TRULANCE is the first drug designed to replicate the function of uroguanylin, a naturally occurring and endogenous human gastrointestinal peptide that is thought to stimulate fluid secretion within the changing pH environment of the intestine.

Novo Nordisk

Bagsvaerd, Denmark headquartered Novo Nordisk A/S’ stock closed the day 1.15% lower at $35.33 with a total trading volume of 2.89 million shares. The Company’s shares have advanced 10.13% over the previous three months. The stock is trading 0.17% below its 50-day moving average. Additionally, shares of Novo Nordisk, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, have an RSI of 52.02.

On 28th, February 2017, Novo Nordisk announced the submission of a New Drug Application (NDA) to the Japanese Ministry of Health, Labor, and Welfare for semaglutide, a new glucagon-like peptide-1 (GLP-1) analogue administrated once-weekly, for the treatment of adults with type-2 diabetes. The Japanese filing follows the recent once-weekly semaglutide regulatory submissions to the US FDA, the European Medicines Agency (EMA), Health Canada, and SwissMedic.

Apricus Biosciences

Shares in San Diego, California headquartered Apricus Biosciences Inc. recorded a trading volume of 274,452 shares. The stock ended yesterday’s trading session 7.94% lower at $2.90. The Company’s shares have surged 21.85% in the past month, 89.54% in the previous three months, and 123.08% on an YTD basis. The stock is trading above its 50-day moving average by 37.60%. Furthermore, shares of Apricus Biosciences, which focuses on the development and commercialization of products and product candidates in the areas of urology and rheumatology, have an RSI of 58.74.

On February 09th, 2017, Apricus Biosciences announced that on February 08th, 2017, it was notified that the NASDAQ Hearings Panel has granted the Company`s request for continued listing on NASDAQ pursuant to an extension through May 30th, 2017, by which date the Company must evidence full compliance with all applicable criteria for continued listing on the NASDAQ Capital Market, including the $2.5 million stockholders` equity requirement.

Sucampo Pharma

Rockville, Maryland headquartered Sucampo Pharmaceuticals Inc.’s stock finished Tuesday’s session 4.08% lower at $11.75. A total volume of 1.23 million shares was traded, which was above their three months average volume of 1.20 million shares. The company’s shares have advanced 5.86% in the last one month. The stock is trading below its 200-day moving average by 5.39%. Additionally, shares of Sucampo Pharma, which focuses on the research and development of proprietary drugs for the treatment of gastrointestinal, ophthalmic, autoimmune, and oncology-based inflammatory disorders in the US, Japan, Switzerland, and internationally, have an RSI of 47.60.