Morning Market Movers

OncoMed Pharmaceuticals OMED rose 67.14% to $23.40 on a deal to sell 1.47 million shares to Celgene CELG at $15.13 per share. EnteroMedics ETRM moved up 31.39% to $1.80 after the company announced 18 month ReCharge study results. Conatus Pharmaceuticals CNAT jumped 26.22% to $7.75 as the company confirmed the FDA Orphan Drug Designation for emricasan for treatment of liver transplant recipients with reestablished fibrosis. Unilife UNIS shares jumped 15.90% to $4.81 after the company announced clinical supply agreement with Novartis NVS for delivery of a novel drug.
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