New York, NY - March 28, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday March 27th. The Nasdaq Composite fell 2.22 (0.07%) to close at 3,120.35.
pSivida Corp. (NASDAQ: PSDV) continued to move higher and added another 36.45% to close at $2.50 after gaining over 12% in the previous trading session. The stock has been moving on expectations that Alimera Sciences' (Nasdaq: ALIM) ILLUVIEN would be approved in about seven European countries by the end of the quarter. pSivida would receive royalties on ILLUVIEN, about 20% of net profits which will be determined on a country-by-country basis.
- Published: 27 March 2012
- Written by Investor Ideas