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Movers Roundup: Luminex, Sciele Pharma



By AP
03 January 2008 @ 06:24 pm EST

Among the stock activity stories for Thursday, Jan. 3, from AP Financial News:

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Quotes
LMNX 20.6 -1.83
SCRX 31.01 0.05
CELG 51.04 -4.72
CRXX 0.55 -0.05
ISIL 8.2 -0.64

SYMBOL LOOKUP

WASHINGTON (AP) Shares of Luminex Corp., a biological testing company, jumped Thursday after federal regulators approved the company's test to detect 12 different strains of respiratory virus.

NEW YORK (AP) Shares of Sciele Pharma Inc. rose sharply Thursday after the company received regulatory approval to sell a new version of its high blood pressure drug Sular, which could help it fend off generic competition.

NEW YORK (AP) Shares of Celgene Corp. jumped Thursday after the biotechnology company moved one regulatory step closer to its $2.9 billion buyout of rival Pharmion Corp.

NEW YORK (AP) Shares of drug developer CombinatoRx Inc. rose Thursday after Piper Jaffray upgraded the stock, citing a strong outlook for the company's developing arthritis treatments and partnership potential.

NEW YORK (AP) Shares of chip maker Intersil Corp. rose Thursday after a UBS analyst upgraded the company to "Buy" from "Neutral," based on its stock price and strong product range.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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