February 3, 2010 10:55 PM

Small Cap News Movers for 2/3/10

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Home Diagnostics, Inc. (NASDAQ: HDIX) announced today that it signed a definitive merger agreement with Nipro Corporation, a global manufacturer and distributor of medical devices, pharmaceutical products and medical and glass products headquartered in Osaka, Japan, under which Nipro will acquire all outstanding shares of Home Diagnostics’ common stock, $.01 par value, for a cash purchase price of $11.50 per share (or aggregate consideration of approximately $215 million). The stock closed at $11.45, up 89.26%, on 14,852,628 traded shares.

Acme Packet, Inc. (NASDAQ: APKT) announced record results for the fourth quarter ended December 31, 2009 and raised its business outlook for 2010. Total revenue for the fourth quarter of 2009 was $41.3 million, compared to $30.6 million in the fourth quarter of last year and $36.3 million in the third quarter of 2009. Net income for the fourth quarter of 2009 was $9.1 million, or $0.14 per share on a diluted basis, compared to $3.7 million, or $0.06 per share on a diluted basis in the fourth quarter of 2008 and $3.6 million, or $0.06 per share on a diluted basis, in the third quarter of 2009. The stock closed at $13.59, up 9,549,845 traded shares.

Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) announced that it has received marketing approval from the U.S. Food and Drug Administration (FDA) for XIAFLEX™ (collagenase clostridium histolyticum), a novel, first-in-class, orphan-designated, biologic, for the treatment of adult Dupuytren’s contracture patients with a palpable cord. The Company expects to begin shipping XIAFLEX to its distribution partners in early March in advance of a launch planned for late March. The stock closed at $32.96, up 17.38%, on 7,310,279 traded shares.

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