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Morning Research on Sequenom, Peregrine Pharma, Onyx Pharma, and Inovio Pharma
Date:3/14/2013

LONDON, March 14, 2013 /PRNewswire/ --

The expiration of patents on several blockbuster drugs has been one of the major trends in the biotechnology sector in the last few years. As major pharmaceutical companies face increasing generic competition following patent expirations, they are likely to see a negative impact on their top-line. Big pharmaceutical companies have been looking to boost their product pipeline to offset the impact of the patent cliff. Another trend that could emerge as a result of this development is acquisitions. Big pharma companies may look to acquire smaller biotechnology companies that are developing potential blockbuster drugs. Companies such as Sequenom Inc. (NASDAQ: SQNM), Peregrine Pharmaceuticals (NASDAQ: PPHM), Onyx Pharmaceuticals Inc. (NASDAQ: ONXX), and Inovio Pharmaceuticals Inc. (NYSEAMEX: INO) could be among the ideal takeover targets for major pharmaceutical companies. On Wednesday, biotech stocks ended on a mixed note even as the Dow Jones posted its ninth successive higher finish. StockCall has posted free technical research reports on SQNM, PPHM, ONXX, and INO and these can be accessed by signing up at

http://www.stockcall.com/analysis

Sequenom Inc. shares posted modest gains on Wednesday, closing 0.45% higher at $4.48. The stock touched an intra-day high of $4.51, and has gained nearly 4% this week. Despite the recent gains, the biotech company's shares have fallen nearly 5% this year, even as the broad market has posted significant gains for the year. The company's shares have been struggling to break through $4.60 resistance level. The stock has just moved above its 50-day moving avera
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SOURCE StockCall.com
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