long HZN 2.25
I am long HZNP per today for swing towards january, oct drop was placement 20mln shares at 3.50
Horizon received FDA approval for Duexis on April 23, 2011, and for Rayos (Prednisone) on July 26, 2012. Duexis targets patients with symptoms of rheumatoid arthritis and osteoarthritis, whereas RAYOS is designed for a broad array of conditions, including rheumatoid arthritis, polymyalgia rheumatica, psoriatic arthritis, ankylosing spondylitis, asthma, and chronic obstructive pulmonary disease. Some authors have recently suggested that the market value of Rayos stands at around $1 billion a year, and JMP Securities gave the stock a price target of $16.00.