Some small and midcap stocks to watch on Monday: INSPIRE PHARMACEUTICALS , $5.99, down 15 pct

The company's experimental eye drug failed to meet the main goals of two mid-stage trials. 

BIOSANTE PHARMACEUTICALS , $2, up 10 pct

The company said its experimental pancreatic cancer vaccine received orphan drug status from U.S health regulators. 

STERLING CONSTRUCTION , $19.75, down 7 pct

The civil construction firm reported an 80 percent drop in quarterly profit, hurt by expenses related to an acquisition and provision for loss related to a lawsuit.(Reporting by Anand Basu in Bangalore)