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Stocks making News on 05/31/2011

May 31, 2011

Optimer climbs on drug approval

Drug Is First on Market in 25 Years

Optimer Pharmaceuticals said that the U.S. Food & Drug Administration approved its Dificid antibacterial drug for the treatment of fatal intestinal infections. It’s the first new medicine for the treatment of Clostridium difficile in more than two decades, and will be OPTR’s first product on the market. OPTR climbs 5 percent before the bell.

Medicines Added to SmallCap 600 Index

Medicines Co. has more than doubled in the last year, and now it’s getting some attention. Standard & Poor’s announced after the bell on Friday it will be added to the S&P SmallCap 600 Index. MDCO climbs 4 percent in the premarket.

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