Biotech Bears: Axovant Sciences Ltd. (NYSE:AXON), Discovery Laboratories Inc. (NASDAQ:DSCO), XBiotech, Inc. (NASDAQ:XBIT), XOMA Corporation (NASDAQ:XOMA), Cellular Biomedicine Group Inc. (NASDAQ:CBMG)

Axovant Sciences Ltd. (NYSE:AXON) belongs to Healthcare sector. Its weekly performance is -9.22%. On last trading day company shares ended up $17.24. Axovant Sciences Ltd. (NYSE:AXON) distance from 50-day simple moving average (SMA50) is -15.44%. Axovant Sciences Ltd. (NYSE: AXON), announced that the company will host an investor briefing on July 22 at 5:45 p.m. EDT following its presentation of RVT-101 clinical data at the Alzheimer’s Association International Conference 2015 (AAIC).

Discovery Laboratories Inc. (NASDAQ:DSCO) shares remains unchanged in last trading session and ended the day at $0.61. DSCO Gross Margin is 6.70% and its return on assets is -83.80%. Discovery Laboratories Inc. (NASDAQ:DSCO) quarterly performance is -55.80%. On 1st July, Discovery Laboratories, Inc. (NASDAQ: DSCO) announced that, on June 29, 2015, the Company received a letter from The Nasdaq Stock Market indicating that, because the Company’s common stock has not maintained a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, the Company is no longer in compliance with Nasdaq’s Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). This notice of noncompliance has no immediate impact on the continued listing or trading of the Company’s common stock on the Nasdaq Capital Market.

On 13 July, XBiotech, Inc. (NASDAQ:XBIT) shares decreased -3.73% and was closed at $16.25. XBiotech, Inc. (NASDAQ:XBIT) year to date (YTD) performance is -30.11%. On 7 July, XBiotech (NASDAQ:XBIT), announced publication of clinical results from an open label pilot study for its antibody therapy for treatment of Type 2 diabetes. The results are now available online as an “Article in Press” in the Journal of Diabetes and its Complications.

XOMA Corporation (NASDAQ:XOMA) ended the last trading day at $4.41. Company weekly volatility is calculated as 13.22% and price to cash ratio as 7.70. XOMA Corporation (NASDAQ:XOMA) showed a weekly performance of 14.25%. Cowen and Company reiterated their outperform rating on shares of XOMA Corp (NASDAQ:XOMA) in a research report sent to investors on Friday morning, Analyst Ratings reports.

Cellular Biomedicine Group Inc. (NASDAQ:CBMG) shares decreased -6.17% in last trading session and ended the day at $27.96. CBMG Gross Margin is 45.50% and its return on assets is -45.60%. Cellular Biomedicine Group Inc. (NASDAQ:CBMG) quarterly performance is -7.57%. On 8 July, Cellular Biomedicine Group Inc. (NASDAQ:CBMG) announced the appointment of Alan List, MD as Chair of the Scientific Advisory Board. Dr. List will lead the board’s efforts to provide guidance and insight to advance CBMG’s multiple ongoing research programs and pipeline of therapies targeting unmet needs in the treatment of degenerative and cancerous diseases.

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