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Morning Market Movers


Prosensa Holding NV (NASDAQ: RNA) shares climbed 62.28% to $18.57 after BioMarin Pharmaceutical (NASDAQ: BMRN) announced its plans to acquire Prosensa for $17.75 per share.

Cimatron (NASDAQ: CIMT) shares jumped 43.46% to $8.72 after 3D Systems (NYSE: DDD) announced its plans to acquire Cimatron for $8.97 per share.

Platinum Underwriters Holdings (NYSE: PTP) shares gained 19.24% to $73.06 after the company agreed to be acquired by RenaissanceRe Holdings (NYSE: RNR) for $76 per share.

Tetraphase Pharmaceuticals (NASDAQ: 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 (NYSE: 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 (NASDAQ: 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 (NASDAQ: 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 (NYSE: 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 (NASDAQ: GERN) shares rose 4.86% to $3.88 after surging 13.85% on Friday.

Ariad Pharmaceuticals (NASDAQ: ARIA) gained 4.45% to $6.81 after the company announced the marketing approval of Iclusig (ponatinib) in Australia.


Related Articles (BMRN + RNA)

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