BioDelivery Sciences International Inc (NASDAQ:BDSI) down by 2.65%, Revolution Lighting Technologies Inc (NASDAQ:RVLT)

Posted by Lacee Page May 21, 2013 0 Comment 6614 views


BioDelivery Sciences International, Inc (NASDAQ:BDSI): In Tuesday’s trading session, BioDelivery Sciences International, Inc (NASDAQ:BDSI) dipped 2.65%. Its opening price of $4.50 rose to touch an intraday high of $4.50 which eventually headed down to currently trade at $4.41 per share. Over 0.143 million shares exchanged hands in the current trading session. This number stood below the average volume of 0.242 million that was measured over a 30-day period.

BDSI is a specialty pharma company. BioDelivery Sciences International, Inc (NASDAQ:BDSI) develops and commercializes applications of various therapeutics to address different medical needs. It does so either by itself or in alliance with third-parties. BDSI develops and is continues developing pharma products that are aimed at oncology supportive care and pain management. While formulating its products and its product candidates, BDSI uses the BioErodible MucoAdhesive (BEMA) drugs delivery technology. This is an erodible polymer film which is used in the application of buccal mucosa. ONSOLIS (fentanyl buccal soluble film), BioDelivery Sciences International, Inc (NASDAQ:BDSI) product has been approved by the United Sates Food and Drug Administration (FDA). Its other pipeline of product candidates also use its BEMA technology.

Revolution Lighting Technologies Inc (NASDAQ:RVLT): In Tuesday’s trading session, Revolution Lighting Technologies Inc (NASDAQ:RVLT) jumped 0.80%. Its opening price of $3.74 rose to touch an intraday high of $3.96 which eventually headed down to currently trade at $3.77 per share. Over 0.546 million shares exchanged hands in the current trading session. This number stood below the average volume of 1.36 million that was measured over a 30-day period.

Last week the company announced its financial results for the quarter that ended 31 March 2013. For this period, its total revenue was around $6.3 million, in comparison to $1.1 million that it stood at, in the same period of 2012. This was an increase of around 470%. It reported a net loss of around $5.3 million in comparison to the $1.8 million net loss that it incurred in the same period in 2012.

Revolution Lighting Technologies Inc (NASDAQ:RVLT) was formerly called Nexxus Lighting, Inc. It is involved in the designing, manufacturing, marketing and sale of commercial grade LED’s-light emitting diodes. It also deals in LED-based signage and replacement light bulbs, contour lighting products and channel letter.


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Lacee Page is our White House and political campaign reporter. Lacee also covers justice and national law enforcement issues and congressional reporter focusing on the outputs of the legislative process: government spending, agency regulation and congressional oversight. Lacee received a national Edward R. Murrow for spot news award and the regional Associated Press award for best newscast. Lacee attended Riverview High School near Coshocton, and graduated from Ashland College in Ashland, Ohio with a Bachelor of Arts degree in Communications.

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