Intra-Cellular Therapies (ITCI) Psychotic Reaction In After-Hours; Green Light in Japan for Aegerion Pharma’s (AEGR) MTP Inhibitor

intra-cellular_therapies_itci

Shares of Intra-Cellular Therapies, Inc. (Nasdaq:ITCI) slumped more than 65% to touch a new 52-week low in after-hours trading Wednesday as the biopharmaceutical company said that its ITI-007 did not separate from placebo – on the primary endpoint – in the second late-stage clinical trial evaluating its investigational drug in schizophrenia patients

ITCI stock finished the regular session in positive territory by 2.00% (or +$0.83) at $42.35 with a total volume of 2.15M shares traded, representing a large increase in activity versus its average volume (3m) of 413,277

Intra-Cellular Therapies, which discovers and develops small molecule drugs for the treatment of neuropsychiatric and neurologic disorders within the central nervous system (CNS), has 29.40M Shares Outstanding. At close on Wednesday, the company had a Market Capitalization of $1.83B and ITCI stock one-year range was between $22.41 and $59.96 per share

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Aegerion_Pharmaceuticals_AEGR

Aegerion Pharmaceuticals, Inc. (Nasdaq:AEGR) shares soared over 30% in the extended session Wednesday after the company said that Japan’s Ministry of Health, Labor & Welfare gave green light to its microsomal triglyceride transfer protein (MTP) inhibitor Juxtapid ( lomitapide) capsules for patients with homozygous familial hypercholesterolemia, a rare genetic disease.

AEGR stock closed at $2.49, down $0.26 (or -9.45%) and 767.75k of its shares changed hands during the day

Aegerion Pharmaceuticals, which develops and commercializes therapies for patients with debilitating rare diseases, has 29.51M Shares Outstanding, Market Capitalization (intraday) of $73.49M and AEGR stock 52-week range is from $1.23 to $16.63 per share

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