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Possibly. Going green into lunch time looks good. Maybe this can be the start of a nice run. Definitely fully loaded and on board for the next train. Lets ride pass the $3 mark.
That would be great. Lets GO!!!!!
What kind of week are we looking at here?
I know were not to speak of other stocks on this board but it kind of relates to a current situation with CPRX. If you want to see how predictable and pathetic law firms are, follow CHTP. They have dropped over 25% today due to FDA decision. I guarantee you will see law firms popping up all over the place trying to get a dime out of CHTP.
I'm ready for a GAL* type run here very shortly. Looks like we are going to open green. Hopefully we stay green and people chase this into the weekend so they dont miss out on Mondays run.
What an uneventful boring shitty day. Hopefully they will let this bad boy stretch his legs and run like Usain bolt
Looks like were opening red. Shocker. This is becoming a joke.
2.52 premarket down to 2.09 now. What a shocker
This is a joke. I guess that is why you need to lock profits. Won't suprise me to see this go red.
THey should be chasing to try and get in right now. Why would anyone sell at these prices or lower? Make them chase to get back in.
This chart is looking all too familiar. Big rise and then a steep decline. Hopefully it reverses at open.
Might see 500,000 shares premarket with a high of 2.52. This should stay above 2.30. Congrats to all that have stuck around.
This better hold above 2.30s and move into the 2.50 range by end of day. The last three days worth of news should rocket this through the roof. I dont think manipulation can hold this back today. Its time to get on board and ride this north.
Almost 200,000 sold already pre-market with a high of 2.52. Up 15% right now. Lets go. Keep this train moving.
Catalyst Pharmaceutical Partners Reports Positive Cardiac Safety Results of Its Phase 3 Product, Firdapse Tablets
CORAL GABLES, Fla., Jan 08, 2014 (GLOBE NEWSWIRE via COMTEX) -- Catalyst Pharmaceutical Partners, Inc. CPRX +13.86% , a specialty pharmaceutical company focused on developing safe and effective, approved medicines targeting orphan neuromuscular and neurological diseases, today announced positive results from a study jointly funded with, and conducted by BioMarin Pharmaceuticals BMRN +0.03% to assess the cardiac safety of Firdapse(TM) tablets (amifampridine also known as 3,4-DAP). Firdapse is approved in the E.U., where it is marketed by BioMarin. Firdapse is also currently in Phase 3 development in the U.S. for Lambert-Eaton Myasthenic Syndrome (LEMS) by Catalyst.
The study met the pre-specified primary endpoint, demonstrating that at and above therapeutic levels, there was no effect of Firdapse (administered as phosphate salt) on heart rate or cardiac depolarization. None of the study subjects developed new, clinically relevant electrocardiographic/morphological changes following administration of Firdapse. Additionally, there was no significant effect of Firdapse on cardiac repolarization as assessed using the QT interval.
The QT interval represents the amount of time the heart's electrical system takes to repolarize, or recharge, after each beat. As prolongation of the QT interval may increase the risk for cardiac arrhythmias and sudden death, the U.S. Food and Drug Administration (FDA) requires a thorough QT (TQT) study for most new drugs in development. A TQT study is a specialized clinical trial designed to assess whether an investigational medication has the potential to prolong the QT interval.
"The findings of this cardiac safety study are clear. Firdapse did not lead to QT prolongation, even at high concentrations in the blood," said Charles W. Gorodetzky, MD, PhD, Chief Medical Officer for Catalyst. Dr. Gorodetzky continued, "This study was designed in accordance with existing FDA guidelines. We are confident in these results and will continue to work toward making Firdapse available to patients in the U.S. if we are able to obtain marketing authorization from FDA."
"This is the first formal human evaluation of cardiac safety of Firdapse and we are pleased with the outcome of the study," said Steven Miller, Ph.D., Chief Scientific and Chief Operating Officer for Catalyst. Dr. Miller continued, "It is also important to caution the patient community that these findings are only relevant to Firdapse and do not necessarily indicate that other unapproved forms of 3,4-DAP would be safe, because the drug absorption and blood levels that result from other forms of 3,4-DAP may be different than Firdapse."
At a pre-IND meeting in 2010, FDA requested TQT study results for Firdapse at exposures higher than typical therapeutic levels be included as part of the clinical safety package in any New Drug Application filed for 3,4-DAP.
Study Details
This randomized double-blind study, designed in accordance with the FDA's published guidance on clinical evaluation of QT/QTc interval (ICH E14), compared the effects of Firdapse at or above therapeutic concentrations to placebo on the QT interval in 59 healthy human volunteers. The primary endpoint was to determine whether Firdapse administered at therapeutic and supratherapeutic concentrations differed from placebo in the mean change in the QTc interval.
All heart rate correction methodologies that satisfied the pre-specified selection criteria, including QTcF and QTcB (QTc calculated by Fridericia's and Bazett's formulas respectively), met the primary endpoint. Moxifloxacin, an antibiotic known to prolong the QT interval, was administered as a positive control.
Catalyst expects that BioMarin will present the full data set from this study at a major medical meeting at some time in the future and will submit the data for publication thereafter.
About Catalyst Pharmaceutical Partners
Catalyst Pharmaceutical Partners, Inc. is a specialty pharmaceutical company focused on the development and commercialization of novel prescription drugs targeting rare (orphan) neuromuscular and neurological diseases, including Lambert-Eaton Myasthenic Syndrome (LEMS), infantile spasms, and Tourette Syndrome. Catalyst's lead candidate, Firdapse(TM) for the treatment of LEMS, is currently undergoing testing in a global, multi-center, pivotal Phase 3 trial and recently received Breakthrough Therapy Designation from the U.S. Food and Drug Administration (FDA). In 2012, Catalyst licensed Firdapse from BioMarin and Catalyst assumed management of the Phase 3 pivotal trial, initiated by BioMarin. Firdapse is the first and only European approved drug for symptomatic treatment in adults with LEMS.
Catalyst is also developing a potentially safer and more potent vigabatrin analog (designated CPP-115) to treat infantile spasms, and epilepsy, as well as other neurological conditions associated with reduced GABAergic signaling, like post-traumatic stress disorder and Tourette Syndrome. CPP-115 has been granted U.S. orphan drug designation for the treatment of infantile spasms by the FDA and has been granted E.U. orphan medicinal product designation for the treatment of West Syndrome by the European Commission.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Catalyst's actual results in future periods to differ materially from forecasted results. A number of factors, including the timing of completion of Catalyst's currently ongoing Phase 3 trial of Firdapse(TM), whether the Phase 3 trial will be successful, whether the receipt of breakthrough therapy designation for Firdapse will expedite the development and review of Firdapse by the FDA, whether FDA will give any NDA for 3,4-DAP priority review, or accept rolling submissions of the NDA modules as completed, whether the product will be found to be safe and effective, whether an NDA for Firdapse will ever be accepted for filing by the FDA, the timing of any such NDA filing or acceptance, whether Catalyst will be the first company to receive an approval for 3,4-DAP, giving it 7-year marketing exclusivity for its product, whether any of Catalyst's product candidates will ever be approved for commercialization or successfully commercialized, and those other factors described in Catalyst's Annual Report on Form 10-K for the fiscal year 2012 and other filings with the U.S. Securities and Exchange Commission (SEC), could adversely affect Catalyst. Copies of Catalyst's filings with the SEC are available from the SEC, may be found on Catalyst's website or may be obtained upon request from Catalyst. Catalyst does not undertake any obligation to update the information contained herein, which speaks only as of this date.
http://www.marketwatch.com/story/catalyst-pharmaceutical-partners-reports-positive-cardiac-safety-results-of-its-phase-3-product-firdapse-tablets-2014-01-08?reflink=MW_news_stmp
BOOM BOOM BOOM. CPRX MEETS PRIMARY END POINT IN PHASE 3 STUDIES OF FIRDAPSE. ITS GO TIME TODAY FELLAS. GO FUC YOURSELF FUCSTEIN.
Its called manipulation.
This just goes to show you the amount of manipulation in the stock market. You just have to be lucky and on the right side of the manipulation. Stock market seems to have nothing to do with fundamentals. If the news was as bad as it was good the last two days, this would be sitting at .25 right now. With the last two positive news days this should easily be in the high $2's. Hopefully fundamentals will take over soon.
HAHAHA. Every one of those bullshit lawsuits were dismissed. I have said since day one that would happen. They are just bloodsucking ambulance chasers that try to throw a million lines in the water trying to catch one fish. What a joke that those lawsuits were going around possibly detouring investors. I would like to line up everyone in those lawfirms and give them all a nice kick in the nuts. Good bye bloodsuckers. Go find another pharma company to try to leach off of.
Its also pretty funny that there hasnt been any word about those bs lawsuits that have probably crashed and burned. IF it was negative we wouldve heard about them ASAP. I'm waiting for that positive news of those lawsuits were a joke just like Fuckstein.
That little fukstein will get punched in his mouth and then get a bagel with lox shoved down his throat. CPRX power half hour coming up.
That dude is a joke. He will get his ass kicked saying crap like that around me. CPRX will run his ass over.
The last 1.5 hours of the day are always fun to watch with this one. Too bad someone had to dump a massive amount of shares to ruin the momentum this morning.
So typical that people sell into the news. Just watched a 12% gain fly away. Hopefully it pulls back up. CPRX is always good for a nice run about 3:30.
I agree with you. I too bought in at 3.47. Seems like they always run it down before a big pop taking out stop losses. I don't understand people putting stop losses on biotechs. They always get stopped out. I expect a nice 20+% rebound next week. Might get out before 1/14 though.
A lot of people picking up starter positions over on $heff's board and $heff is still holding CHTP. They all like the chances of a rebound next week and a possible approval on 1/14. We shall see. Good luck.
Picked up a started position of 2K shares at 3.47. Looking for a quick rebound here.
Yep. I'll be more ready when this hits $3.50.
I'm loading more at $2 and filling the boat to capacity if it hits $1.95 and lower. Up to 7K shares right now with a price average of $1.82.
Thats about right. Cant ever have two green days in a row. Have to run it back down.
Excellent close. Boom time. Let's have a huge Friday. Short squeeze and people chasing. Love it. Get on board now and enjoy some free money.
Going for a run right now. People trying to get back in before the next run. Will be nice to close above $2.05.
Time to open and stay green. When are they going to announce those lawsuits were bullshit? At least we dont have to see those reminders coming out daily for their deadline. Finally got rid of those clowns. Time to ride the green wave back up.
Good thing the market is closed tomorrow. Cant go down anymore. This is getting ridiculous.
What in the hell is going on? They must be getting ready to send out some news. Run it down and shake everyone out before they bring it back up.
$heff is also now on board. Be ready to sell at 10-15% gain. One he does and his $heep follow it pullback.
Time for take off. Should be a awesome week
It would be dumb to sell at this point. It's time to shove it up these attorneys asses. I will personally call each firm once this takes a massive shit on them.
Here we go. Let's have a nice Thursday and Friday. Ambulance chasers have their thumbs up their asses right now. Screw those bastards and their bullshit lawsuits. Go CPRX.
Green days ahead. Will make $2 look like a cheap entry.