Momenta Pharmaceuticals Inc (MNTA) Files Form 4 Insider Selling : Craig A Wheeler Sells 5,880 Shares

Momenta Pharmaceuticals Inc (MNTA): Craig A Wheeler , President of Momenta Pharmaceuticals Inc sold 5,880 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $10.18 per share for a total value of $59,852.52 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Bruce Leicher (SVP & General Counsel) sold 1,000 shares at $10.40 per share price.On May 23, 2016, James M. Roach (Senior VP, Development and Chi) sold 1,092 shares at $10.17 per share price.Also, On May 23, 2016, Ganesh Venkataraman Kaundinya (Senior V.P., Research) sold 1,050 shares at $10.17 per share price.On May 23, 2016, Richard P Shea (SVP, CFO) sold 973 shares at $10.17 per share price.

Momenta Pharmaceuticals: On Friday, May 20, 2016 heightened volatility was witnessed in Momenta Pharmaceuticals which led to swings in the share price. The shares opened for trading at $10.11 and hit $10.44 on the upside , eventually ending the session at $10.41, with a gain of 3.38% or 0.34 points. The heightened volatility saw the trading volume jump to 4,51,692 shares. The 52-week high of the share price is $25.56 and the company has a market cap of $723,453 M . The 52-week low of the share price is at $7.86.

Momenta Pharmaceuticals Money Flow Index Chart

Momenta Pharmaceuticals Inc. (Momenta) is a biotechnology company focused on developing generic versions of drugs biosimilars and therapeutics for oncology and autoimmune disease. The Company has three product areas: Complex Generics Biosimilars and Novel Therapeutics. The Company’s product a generic version of Lovenox (enoxaparin sodium injection) was approved by the United States Food and Drug Administration. The Company is developing Complex Generics such as Enoxaparin Sodium Injection and M356. The Company is developing Bosimilars including M923 and M834. The Company is developing Novel Therapeutics including Necuparanib. The Company is developing M356 as a generic version of Copaxone. The Company is developing M923 a biosimilar of HUMIRA. The Company is developing M834 as a biosimilar of ORENCIA.

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