Thursday, February 6, 2014

19 Largest US Other Drug Manufacturers Stock Prices Down 51% Due to Financial Meltdown Spillover Effects, Then Up 1,096% Under Obama and the US Fed

I found 19 US Other Drug Manufacturers classified in the Health Care Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 5, 2014.

 The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 19 US Other Drug Manufacturers had their average stock prices drop by a huge 51% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the average stock prices of these same 19 US Other Drug Manufacturers have increased by a spectacular 1,096% through February 5, 2014.

The main driver of this 1,096% average stock price growth was Pharmacyclics, a clinical-stage biopharmaceutical company focusing on cancer drugs.  Pharmacyclics had its stock price advance by an incredible 14,647% since March 6, 2009.

Clearly, the investors in and employees of these 19 US Other Drug Manufacturers must be extremely pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.

Also, these Drug Manufacturers have flat out thrived under the Affordable Care Act.  Wise investors have moved up their common stock market prices smartly in anticipation of many more US citizens being covered by insurance and by Medicaid Expansion. 

Nine of these 19 Other Drug Manufacturers are based in California.  All 19 of them are based in US States voting for Barack Obama for President in 2008.

Below here are the stock market prices of each of these 19 US Other Drug Manufacturers on February 5, 2014, on March 6, 2009, and on December 31, 2007:







Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
US Other Drug Manufacturers

2-5-14 3-6-09 12-31-07 2-5-14 3-6-09




Pharmacyclics Sunnyvale CA      126.81         0.86         1.45 14647% -41%
Protalex Summit NJ         8.95         0.40         6.50 2138% -94%
Lannett Company Philadelphia PA       32.53         5.38         3.09 505% 74%
DepoMed Newark CA       11.93         2.12         3.26 463% -35%
Elite Pharmaceuticals Northvale NJ         0.26         0.05         2.16 430% -98%
Cubist Pharmaceuticals Lexington MA       70.08       14.67       20.51 378% -28%
SciClone Pharmaceuticals Foster City CA         4.37         1.08         2.06 305% -48%
Endo Health Solutions Malvern PA       68.65       17.11       26.67 301% -36%
Isis Pharmaceuticals Carlsbad CA       46.83       12.13       15.75 286% -23%
The Medicines Company Parsippany NJ       33.04         9.33       19.16 254% -51%
Forest Laboratories New York NY       66.78       19.12       36.45 249% -48%
Allergan Irvine CA      115.20       36.52       64.24 215% -43%
Dynavax Technologies Berkeley CA         1.69         0.55         5.11 208% -89%
United Therapeutics Silver Spring MD       96.04       31.48       48.83 205% -36%
Orexigen Therapeutics La Jolla CA         6.57         2.63       14.25 150% -82%
Sucampo Pharmaceuticals Bethesda MD         7.60         4.38       18.34 74% -76%
POZEN Chapel Hill NC         7.47         4.99       12.00 50% -58%
DURECT Cupertino CA         1.92         1.54         6.43 25% -76%
MEI Pharma San Diego CA         8.21       21.00      173.40 -61% -88%








Average % Change all 19




1096% -51%