Why did a Colorado biotech's shares jump 26 percent Thursday?

Why did shares in Ampio Pharmaceuticals Inc. jump more than 26 percent in Thursday trading? Probably because the Douglas County-based biotech (NYSE: AMPE) released good news on its drug to treat pain caused from knee osteoarthritis. Ampion said "LMWF-5A For The Treatment Of Severe Osteoarthritis Of The Knee: Integrated Analysis Of Safety And Efficacy" was accepted for publication in "O rthopedics," an international peer-reviewed journal in the field of orthopedics. "These results are clinically…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news