Chelsea Therapeutics (NASDAQ: CHTP) is on The StockGuru Leader Board today. The stock is up as much as 69.29% on Friday.
Volume traded – so far – as this release was issued intraday: 17,866,812
Join in on the Discussion about CHTP: http://members.stockguru.com/stocks/chtp/
About the Company:
Chelsea Therapeutics International, Ltd., a development-stage pharmaceutical company,
focuses on the acquisition, development, and commercialization of therapeutic products for
the treatment of various human diseases. It is involved in developing Droxidopa, a
therapeutic agent for the treatment of symptomatic neurogenic orthostatic hypotension (NOH)
associated with primary autonomic failure and falls related to NOH in Parkinsons Disease
(PD), as well as other norepinephrine-related conditions and diseases, including intradialytic
hypotension, fibromyalgia, adult attention deficit hyperactivity disorder, chronic fatigue
syndrome, and freezing of gait in PD and down syndrome. The company intends to market its
Droxidopa drug under the Northera brand name. It also engages in developing a portfolio of
molecules for the treatment of various autoimmune/inflammatory diseases, including
rheumatoid arthritis, psoriasis, Crohns disease, ankylosing spondylitis, uveitis, psoriatic
arthritis, inflammatory bowel disease, cancer, and other immunological disorders. The
companys molecule products include a portfolio of metabolically inert antifolate molecules
consisting of CH-1504 and CH-4051, which are orally available molecules with
anti-inflammatory, autoimmune, and anti-tumor properties that inhibit various key enzymes
required for cell proliferation; and a portfolio of dihydroorotate dehydrogenase, known as the
I-3D portfolio, for applications in autoimmune diseases and transplantation. Chelsea
Therapeutics International, Ltd. was founded in 2002 and is headquartered in Charlotte, North
Carolina.
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