Sep 18, 2017   SOURCE: PR NewsWire

Breakfast Technical Briefing on Generic Drugs Stocks -- Mallinckrodt, Horizon Pharma, Mylan, and Neurocrine Biosciences

NEW YORK, September 18, 2017 /PRNewswire/ --

If you want a Stock Review on MNK, HZNP, MYL, or NBIX then come over to http://dailystocktracker.com/register and sign up for your free customized report today. DailyStockTracker.com have issued research reports on Mallinckrodt PLC (NYSE: MNK), Horizon Pharma PLC (NASDAQ: HZNP), Mylan N.V. (NASDAQ: MYL), and Neurocrine Biosciences Inc. (NASDAQ: NBIX). According to Visiongain's report titled - "Generic Drugs Market Forecast 2017-2027" - the generic drugs market is expected to grow at a CAGR of 8.8% in the first half of the forecast period and at a CAGR of 7.0% in the second half of the forecast period. The market is expected to grow at a CAGR of 7.9% from 2015 to 2027. The market is estimated at $384.0 billion in 2021 and $574.7 billion in 2027. Daily Stock Tracker published free research reports on these stocks today at:

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Mallinckrodt 

Staines-Upon-Thames, the UK headquartered Mallinckrodt PLC's stock saw a drop of 2.67%, finishing last Friday's trading session at $34.27. A total volume of 2.63 million shares was traded, which was above their three months average volume of 2.60 million shares. The Company's shares are trading below their 50-day moving average by 15.50%. Additionally, shares of Mallinckrodt, which develops, manufactures, markets, and distributes branded and generic specialty pharmaceutical products and therapies in the US, Europe, Middle-East, Africa, and internationally, have a Relative Strength Index (RSI) of 33.37.

On September 06th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. See our free and comprehensive research report on MNK at:

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Horizon Pharma 

Shares in Dublin, Ireland headquartered Horizon Pharma PLC ended at $12.11, down 1.46% from the last trading session. The stock recorded a trading volume of 7.89 million shares, which was above its three months average volume of 3.87 million shares. The Company's shares have advanced 1.85% in the past month and 17.69% over the previous three months. The stock is trading 5.67% below its 50-day moving average. Moreover, shares of Horizon Pharma, which engages in identifying, developing, acquiring, and commercializing medicines for the treatment of orphan diseases, arthritis, pain, and inflammation and inflammatory diseases in the US and internationally, have an RSI of 38.11.

On September 11th, 2017, Horizon Pharma named Irina Konstantinovsky Executive Vice President, Chief Human Resources Officer, reporting directly to Timothy P. Walbert, Chairman, President, and CEO, effective immediately. Prior to the Company, Konstantinovsky was Vice President of global talent at Baxter International Inc., where she led a team of talent professionals worldwide and oversaw organizational effectiveness, leadership development, inclusion and diversity, and talent acquisition. HZNP free research report is just a click away at:

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Mylan 

On Friday, shares in Hatfield, the UK-based Mylan N.V. recorded a trading volume of 20.12 million shares, which was above their three months average volume of 6.22 million shares. The stock declined 2.56%, closing the day at $32.03. The Company's shares have gained 5.12% in the last one month. The stock is trading 6.68% below its 50-day moving average. Additionally, shares of Mylan, which together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, brand name, and over-the-counter products worldwide, have an RSI of 45.25.

On August 22nd, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'.

On September 13th, 2017, Mylan announced the appointment of Dennis Zeleny as Chief Human Relations Officer. He joins the Company with 30 years of experience leading global, corporate HR organizations and consulting on HR policy matters. Over the course of his career, Zeleny has demonstrated leadership in directing large-scale transformation and cultural changes, mergers and acquisitions, compensation and benefits design, corporate governance, talent management, and building global HR strategies that drive business results. Sign up for your complimentary report on MYL at:

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Neurocrine Biosciences 

At the close of trading on Friday, shares in San Diego, California headquartered Neurocrine Biosciences Inc. recorded a trading volume of 1.31 million shares, which was above an their three months average volume of 895,080 shares. The stock finished the session 0.35% lower at $56.71. The Company's shares have gained 5.90% in the past month, 28.97% in the previous three months, and 46.54% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.50% and 21.16%, respectively. Furthermore, shares of Neurocrine Biosciences, which discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders in the US and internationally, have an RSI of 62.03. Register for free on DailyStockTracker.com and download the latest research report on NBIX at:

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