Morning Market Movers

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Prosensa Holding NV
RNA
shares climbed 62.28% to $18.57 after BioMarin Pharmaceutical
BMRN
announced its plans to acquire Prosensa for $17.75 per share. Cimatron
CIMT
shares jumped 43.46% to $8.72 after 3D Systems
DDD
announced its plans to acquire Cimatron for $8.97 per share. Platinum Underwriters Holdings
PTP
shares gained 19.24% to $73.06 after the company agreed to be acquired by RenaissanceRe Holdings
RNR
for $76 per share. Tetraphase Pharmaceuticals
TTPH
shares climbed 13.17% to $25.00 According to Bloomberg, Tetraphase Pharma is exploring a sale option after being approached by potential buyers, people familiar with the matter said. Synthetic Biologics
SYN
rose 7.88% to $1.58 after the company reported that it is safe-to-proceed under IND to initiate clinical trials of SYN-004 for the prevention C. difficile infection. Regulus Therapeutics
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RGLS
surged 6.78% to $17.33. Deutsche Bank initiated coverage on Regulus Therapeutics with a Buy rating and a $30.00 price target. Sarepta Therapeutics
SRPT
shares rose 5.85% to $16.65 after BioMarin Pharmaceutical announced its plans to acquire Prosensa for $17.75 per share. China Ming Yang Wind Power Group
MY
rose 5.21% to $2.83 after the company reported Q3 earnings of $0.09 per share on revenue of $279.70 million. Geron
GERN
shares rose 4.86% to $3.88 after surging 13.85% on Friday. Ariad Pharmaceuticals
ARIA
gained 4.45% to $6.81 after the company announced the marketing approval of Iclusig (ponatinib) in Australia.
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