Drug Manufacturers Stocks Rallied (ARNA, TEVA, King Pharmaceuticals, OREX)

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) added 2.91% to $1.77. Arena Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors (GPCRs), in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases.

The stock has average daily volume of 7.16 million shares. At current market price, the market capitalization of the company stands at $214.90 million.

TEVA Pharmaceutical Industries Ltd (ADR) (NASDAQ:TEVA) surged 0.96% to $52.63. Teva Pharmaceutical Industries Limited is a global pharmaceutical company that develops, produces and markets generic drugs covering all treatment categories.

The stock opened at $52.51 and is trading within the range of $52.51-$53.66.

King Pharmaceuticals, Inc. (NYSE:KG) went up 0.28% to $14.09. The 52-week range of the stock is $7.18-$14.25.

King Pharmaceuticals, Inc. is a vertically integrated pharmaceutical company that performs basic research and develops, manufactures, markets and sells branded prescription pharmaceutical products and animal health products.

Orexigen Therapeutics, Inc. (NASDAQ:OREX) soared 7.43% to $7.68. The average daily volume of the stock is 3.32 million shares. At current market price, the market capitalization of the company stands at $413.02 million.

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