Pre-Open Stock Movers 01/02: (PULM) (SAVA) (WATT) Higher; (DRRX) (SIG) Lower (more...)

Today's pre-open stock movers:

Pulmatrix, Inc. (NASDAQ: PULM) 116.3% HIGHER; Announced that it has entered into a licensing and development agreement with the Lung Cancer Initiative at Johnson & Johnson*. Through the agreement, the Lung Cancer Initiative gains an option to access a portfolio of narrow spectrum kinase inhibitors intended for development in lung cancer interception.

DURECT Corporation (NASDAQ: DRRX) 34.2% LOWER; announced the results from its Phase 2a clinical trial of DUR-928 in patients with mild to moderate plaque psoriasis. Twenty-two patients completed the study, applying DUR-928 topically to the plaque on one arm and the vehicle (placebo) to a similar plaque on the other arm daily for 28 days.

Cassava Sciences (NASDAQ: SAVA) 33% HIGHER; CEO Remi Barbier disclosed a purchase of 100,000 shares at $5.53 on Dec. 31.

Energous Corporation (Nasdaq: WATT) 10.7% HIGHER; announced that its partners PiBEX, an R&D subsidiary of POSCO Worldwide, and SK Telesys are developing an ultra-wideband (UWB) tracking tag for POSCO, a Korean-based global steel manufacturer, which will include integration with the WattUp RF wireless charging technology. The POSCO UWB tracking tag enables location-tracking for security and employee safety purposes within industrial factories.

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