The Traderszone Network

Published in TZ Latest News 6 June, 2016 by The TZ Newswire Staff

Why Shares of ACADIA Pharmaceuticals Inc. Jumped Today

Image Source Acadia

Image source: ACADIA Pharmaceuticals.

What: Shares of ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), a biopharma focused on diseases of the central nervous system, were up more than 12% as of 3:30 p.m. ET on rumors that AstraZeneca PLC (ADR) (NYSE: AZN) is eyeing the company as a potential acquisition candidate.

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