Business
SciClone Reports on Hepatitis Drug: SciClone Pharmaceuticals said ongoing clinical trials of its treatment for chronic hepatitis B in Taiwan have not shown indications of drug toxicity or adverse reactions.
May 20, 1994
Without a product to market or its first dollar in sales, the small Silicon Valley biotechnology company counted on the allure of a promising experimental drug to entice investors.
May 16, 1994
Los Angeles-based LAACO Ltd. announced a plan to place the operations of the Los Angeles Athletic Club and the California Yacht Club into two new corporate subsidiaries, effective in December of 1997, that will satisfy the rules of the federal tax code regarding partnerships. . . .
Jan. 10, 1997
Companies ranked by change in stock price since initial 1992 offering. % Change 4/20/93 Offer Rank Company in Price Price Price 1 Pyxis Corp. 173.2 38.25 14.00 2 North American Mortgage 126.1 26.00 11.50 3 SciClone Pharmaceuticals 103.4 14.75 7.25 4 SuperMac Technology 97.2 17.75 9.00 5 Platinum Software 96.4 27.50 14.00 6 Synopsys 91.7 34.50 18.00 7 Fresh Choice 88.5 24.50 13.00 8 First Pacific Networks 77.8 16.00 9.00 9 On Assignment 75.0 12.25 7.00 10 StrataCom 69.0 11.83 7.00 11 Catalina Marketing 68.8 33.75 20.00 13 PeopleSoft 66.2 28.25 17.00 11 Imperial Credit Industries 65.6 13.25 8.00 14 Authentic Fitness Corp. 64.3 23.00 14.00 15 Fritz Companies 61.7 24.25 15.00 16 Netframe Systems 61.1 14.50 9.00 17 Callaway Golf 60.0 32.00 20.00 18 HS Resources 57.1 22.00 14.00 19 American Residential Holding 50.0 19.50 13.00 20 Electronics for Imaging Inc. 49.0 19.00 12.75 21 Media Vision Technology 47.5 22.13 15.00 22 Physicians Clinical Laboratory 46.9 11.75 8.00 23 Valence Technology 43.8 11.50 8.00 24 Learning 43.2 15.75 11.00 25 First Mortgage 41.7 8.50 6.00 26 Cholestech 40.0 7.00 5.00 27 Abbey Healthcare Group 37.0 17.13 12.50 28 Cheesecake Factory 35.0 27.00 20.00 29 Plaza Home Mortgage 32.8 8.63 6.50 30 Ventritex 31.3 23.63 18.00 31 Regency Health Services 30.8 8.50 6.50 32 Natural Wonders 28.0 16.00 12.50 33 ICU Medical 20.5 13.25 11.00 34 Exstar Financial Corp. 20.4 16.25 13.50 35 Summit Care 11.9 11.75 10.50 36 Target Therapeutics 8.3 19.50 18.00 37 Glacier Water Services 8.0 11.88 11.00 38 Preferred Income Opportunity 7.0 13.38 12.50 39 Metricom 6.3 6.38 6.00 40 Triconex -1.9 12.75 13.00 41 Chemtrak -1.9 12.75 13.00 42 Satellite Technology Mgmt. -5.0 9.50 10.00 43 Access Health Marketing -7.1 6.50 7.00 44 Biocircuits -10.0 4.50 5.00 45 Premiere Radio Networks -12.5 5.25 6.00 46 Gilead Sciences -13.3 13.00 15.00 47 Network Computing Devices -14.6 10.25 12.00 48 Ligand Pharmaceutical -15.9 9.25 11.00 49 Trident Microsystems -20.6 13.50 17.00 50 Sellectek -21.7 3.13 4.00 51 ChipSoft -26.0 9.25 12.50 52 Dames & Moore -26.9 14.63 20.00 53 Sport Chalet -27.0 6.75 9.25 54 Biosys -28.1 8.63 12.00 55 Telios Pharmaceuticals -28.1 5.75 8.00 56 Cardiovascular Imaging Sys. -28.6 5.00 7.00 57 Day Runner -33.3 10.00 15.00 58 Amylin Pharmaceuticals -35.7 9.00 14.00 59 Foodmaker -35.8 9.63 15.00 60 Xircom -37.0 8.83 14.00 61 Protein Design Labs -37.5 9.38 15.00 62 Enhanced Imaging Tech. -39.6 7.25 12.00 Source: STAR Services
April 27, 1993
California
Courts: Judge orders them to pay double what they gained from their research knowledge.
Sept. 25, 1998
California-based firms ranked by dollar amount of offering.
Courts: SEC hopes to send signal to researchers with cases involving 4 O.C. physicians who allegedly used data on drug trials.
April 11, 1997
Planning: Frank Cramer’s goal, like many Americans’, is to have just the right amount of money for his retirement.
Oct. 29, 1996
Companies ranked by market price as a percentage of book value. 3/31/93 Market Market Value Book Value Value as Rank Company ($ Millions) ($ Millions) % of Book 1 Audre Recognition Systems 236.4 2.1 11,002 2 Aphton Corporation 137.7 3.2 4,240 3 International Cablecasting 158.3 8.4 1,888 4 Viratek Inc. 178.4 11.2 1,598 5 Cisco Systems 5,484.2 344.4 1,592 6 NTN Communications 108.1 7.1 1,523 7 Electronic Arts Inc. 1,378.5 94.0 1,466 8 QUALCOMM Inc. 944.1 68.0 1,388 9 Catalina Marketing 366.1 27.9 1,312 10 Herbalife 252.2 19.9 1,270 11 HS Resources 196.5 15.8 1,241 12 Oracle Systems Corp. 5,236.3 457.5 1,145 13 Sybase Inc. 1,272.8 118.3 1,076 14 Informix Corp. 1,004.3 93.8 1,071 15 Platinum Software 268.3 26.4 1,018 16 SciClone Pharmaceuticals 182.2 17.9 1,017 17 Molecular Dynamics 156.9 17.0 925 18 Pyxis Corp. 755.5 85.6 883 19 First Pacific Networks 341.4 39.1 873 20 SynOptics Communications 1,727.5 203.0 851 21 W D-40 Co. 350.0 43.9 796 22 Solectron Corp. 830.8 111.1 748 23 Cheesecake Factory 162.0 21.8 743 24 Callaway Golf 363.5 49.8 731 25 Telios Pharmaceuticals 133.4 18.7 713 Source: STAR Services.
In what is believed to be the first case alleging insider trading by clinical researchers, federal regulators have accused several physicians and others of trading on insider information from researchers involved in developing an experimental drug to treat the liver ailment hepatitis B.