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Achaogen Inc’s big gap down today points to more stock risks

By wgarcia — August 19, 2016 From Press Telegraph The stock of Achaogen Inc (NASDAQ:AKAO) gapped down by $0.02 today and has $3.34 target or 11.00% below today’s $3.75 share price. The 6 months technical chart setup indicates high risk…

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Feds squeeze $67M from two pharmaceutical companies for cancer-drug claims

By Cheryl Miller, From The Recorder SACRAMENTO—Genentech Inc. and OSI Pharmaceuticals LLC will pay a combined $67 million to resolve allegations that they overstated the ability of the drug Tarceva to treat certain non-small cell lung cancer patients, the U.S. Attorney’s…