Volatile Measures on Top- Novo Nordisk (NYSE:NVO), Sangamo BioSciences (NASDAQ:SGMO), DexCom (NASDAQ:DXCM)

Shares of Novo Nordisk A/S (NYSE:NVO) has price volatility of 1.16% in last 5 days trading session, as shares of firm closed at $36.01 by are plunging of -1.34% in last session. Shares price moving up from its 20 days moving average with 0.53% and isolated positively from 50 days moving average with 3.66%. Novo Nordisk (NVO) declared that EC granted marketing authorization for Fiasp for the treatment of diabetes in adults. The co expects to launch Fiasp in the first European countries in the first half of 2017.

France’s Sanofi has filed a lawsuit in the United States accusing Novo Nordisk of falsely claiming that Sanofi insulin drugs would no longer be accessible for many U.S. patients so it could promote its competing drug. The complaint, filed by Sanofi US in U.S. District Court for the District of New Jersey on Dec. 23, seeks an order forcing Novo Nordisk to pay unspecified money damages and withdraw marketing materials for its drug Tresiba.

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Sangamo BioSciences, Inc. (NASDAQ:SGMO) moved down -1.35% to finish at $3.65 in following trading session. SangamoBioSci (SGMO) presented improvements to its technology platform for engineering highly specific zinc finger nucleases for therapeutic genome editing applications. The data demonstrate genome editing of therapeutic gene targets in clinically relevant cell types, including high levels of targeted modification (80%) of the BCL11A enhancer in hematopoietic stem and progenitor cells at clinical scale with no important off-target activity. The corporation has return on equity of -45.00% and while returns on assets was calculated -40.00% with 21.31% year to date performance. The annual sales growth for the past five year was 13.70%.

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DexCom, Inc. (NASDAQ:DXCM) climbs 7.28% to close at $67.04 as 2.13 Million shares changed hands in regular trading session. The firm is going down from its 52 week high price of -30.44%. DexCom, Inc. (DXCM) declared that it achieved preliminary, unaudited incomeof approximately $168 million for the fourth quarter ended December 31, 2016, an estimated increase of 28% over the fourth quarter of 2015.

For fiscal 2016, total preliminary, unaudited incomeis expected to be $570 million, an estimated increase of 42% over 2015.For 2017, DexCom currently anticipates total incomein the range of $710 to $740 million, reflecting estimated growth of 25% to 30% over 2016. At the end of 2017, the company is targeting a patient base of 270,000 worldwide and continues to estimate that patients outside of the United States will be approximately 20% to 25% of its global patient base.

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Will Lawson

Will Lawson is a financial journalist, and has been the lead writer and editor for Seneca Globe News Media since January 2014. Email: will.lawson@senecaglobe.com

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