Shares of the maker of medicine to treat autoimmune and inflammatory diseases rose after announcing plans to take its popular Acthar rheumatoid arthritis medicine into new markets. The FDA has already approved Acthar for 19 uses, including multiple sclerosis. Questcor Pharmaceuticals (QCOR) plans to market the drug to treat the inflammation diseases polymyositis (PM) and dermatomyositis (DM). The move is seen generating significant new revenue. Questcor shares rose 4.9% to 48.69.
Questcor eyes new markets
Investor's Business Daily – Sat 16 Jun, 2012 4:20 AM IST@YahooINFinance on Twitter, become a fan on Facebook
MARKET MOVERS
- Most Actives
Most Actives Name Price Change % Chg 124.80 -1.85 -1.46% 
62.00 1.10 +1.81%
36.85 -1.65 -4.29%
60.30 -3.05 -4.81%
178.45 -10.60 -5.61%
- Price % Gainers
Price % Gainers Name Price Change % Chg 67.40 53.92 +400.00%
111.80 18.60 +19.96%
26.50 3.20 +13.73%
25.05 2.80 +12.58%
- Price % Losers
Price % Losers Name Price Change % Chg -10.38 -100.00%
-29.60 -100.00%
-100.00 -100.00%
-15.90 -100.00%
-31.25 -100.00%
Latest News
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India's chief economic adviser Raghuram Rajan said he is likely to brief the media on the rupee's fall on Thursday, after the Indian currency slumped to a record-low level. Earlier, the rupee fell to a ... …
- FIMMDA seeks RBI nod to relax trading band for day - sources
The country's fixed income association is waiting for central bank approval to raise the upper trading limits for government bonds for the day, sources with direct knowledge of the request said on Thursday. ... …
- China June flash HSBC PMI hits nine-month low on weak demand
China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening risks that a second quarter slowdown could be sharper than expected and raising ... …
- Rupee slumps to record low; bonds, stocks slump
The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign ... …
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A year after Facebook Inc's fumbled IPO, Wall Street remains slow to recognize what Chief Operating Officer Sheryl Sandberg argues has been an across-the-board improvement in its business. Facebook's ability ... …
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Sony Corp shareholders pressed its chief executive on Thursday for a response to a proposal by hedge fund Third Point to spin off its profitable entertainment business, aiming to invigorate its struggling ... …
MAJOR STOCKS (A-G)
- Adani Enterprises182.70-4.77%
- Adani Power42.80-3.71%
- AdityaBirlaNuvo1,068.00-1.55%
- Allahabad Bank109.30+0.00%
- Andhra Bank84.70-1.05%
- Apollo Tyres62.50+2.63%
- Ashok Leyland21.85-1.35%
- Aurobindo Pharm177.30-2.21%
- Bajaj Auto1,830.00-0.29%
- Bata India823.20-0.50%
- Bharat Forge213.40-2.42%
- Bharti Airtel292.15-2.52%
- BHEL177.70-1.44%
- CESC333.70-2.44%
- Cipla375.30-1.20%
- Coal India294.20-1.84%
- Crompton Greaves83.40-1.88%
- Dish TV65.85-1.64%
- Divis Labs969.00+0.10%
- Dr Reddys Labs2,072.95-1.26%
- Future Retail152.45+0.43%
- GAIL292.10-1.67%
- GMR Infra19.40-2.51%
- Godrej Ind291.25-2.30%
MAJOR STOCKS (H-N)
- HDFC824.35-2.18%
- HDFC Bank645.80-2.89%
- HDIL36.90-4.16%
- Hexaware Tech82.15-0.73%
- Hindalco99.30-4.70%
- Hind Zinc108.75-2.82%
- HUL594.70-0.01%
- ICICI Bank1,044.00-3.91%
- IDBI Bank75.80-1.30%
- IFCI23.75-3.26%
- India Cements61.65-1.83%
- Indian Hotels48.70-2.99%
- ITC321.75-2.53%
- Jain Irrigation54.85-2.58%
- JSW Steel692.50-2.79%
- Jubilant Foodworks977.40+1.20%
- Karnataka Bank143.20-1.98%
- Larsen & Toubro1,403.95-2.33%
- Jindal Steel239.75+0.00%
- Mahindra & Mahindra950.10-2.91%
- Maruti Suzuki1,509.55-2.24%
- MRF13,879.35-1.61%
- NHPC18.85+1.62%
- NTPC142.05-2.00%
MAJOR STOCKS (O-Z)
- ONGC301.60-2.30%
- Opto Circuits21.65-2.04%
- Oracle Financial2,695.60-0.34%
- Oriental Bank226.00-3.73%
- Petronet LNG125.95-2.70%
- Punj Lloyd36.50-3.69%
- Reliance Capital340.75-2.13%
- Reliance Comm124.75-1.42%
- Reliance Industries813.50-2.12%
- Reliance Power65.80-2.59%
- SAIL54.30-3.98%
- SBI2,007.00-1.89%
- Sintex Industries45.35-4.32%
- Sterlite Ind81.90-3.93%
- Sun Pharma977.50+1.70%
- Sun TV Network355.50-1.13%
- Syndicate Bank117.75-2.97%
- Tata Chemicals296.10-1.12%
- Tech Mahindra1,022.25+0.95%
- Tata Motors286.85-1.68%
- Tata Power82.00-0.73%
- Tata Steel276.70-4.77%
- TCS1,427.95-0.08%
- Union Bank207.85-0.69%
- Unitech21.35-4.04%
- United Phosphorus144.60-1.20%
- Vijaya Bank51.30-1.25%
- Voltas82.20-1.32%
- Wipro346.75+1.08%
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