Biotech Charts II (fka )

[surf1944]

3 Biotech Stocks Snapped Up by Insiders and Institutional Investors

http://seekingalpha.com/article/249698-3-biotech-stocks-snapped-up-by-insiders-and-institutional-investors?source=yahoo

1. Chelsea Therapeutics International Ltd. (CHTP):

Biotechnology Industry. Market cap of $302.64M.

Insider Transactions: Insiders purchased an average of 923,474 shares per year over the last two years.

Institutional Transactions: Institutional investors currently own 28,174,096 shares vs. 19,432,926 shares held three months ago (44.98% change).

Other Sentiment Data: Short float at 10.43%, which implies a short ratio of 7.49 days. The stock has gained 138.76% over the last year.

Recent Developments: Reported data demonstrating sustained symptomatic benefit of Northera in neurogenic orthostatic hypotension (January 2011). Announced it has completed a pre-NDA assessment with the U.S. Food and Drug Administration (FDA) and intends to accelerate its new drug application (NDA) for NORTHERA (January 2011).