Active Stocks to Watch For: Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH), Paychex, (NASDAQ:PAYX)


On Tuesday, July 8th, 2015: Shares of Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) observed 3.54% gain in its last trading session and closed at $44.78.

Tetraphase Pharmaceuticals, Inc., is a well-known clinical-stage bio-pharmaceutical company that develops various antibiotics for the treatment of serious and life-threatening multi-drug resistant infections. Their major product candidate comprises eravacycline, an intravenous and oral antibiotic for use as a first-line empiric mono-therapy for the treatment of multi-drug-resistant infections, counting multi-drug-resistant Gram-negative infections.

Tetraphase Pharmaceuticals, Inc. (TTPH), a clinical stage bio-pharmaceutical company developing novel antibiotics to treat life-threatening multidrug-resistant (MDR) infections, recently declared the appointment of Jacques Dumas, Ph.D. as Chief Scientific Officer.

Dr. Dumas joins Tetraphase from Merck Research Laboratories where he served as Vice President, Idenix, related to his preceding role as Chief Scientific Officer at Idenix Pharmaceuticals. From 2007 to 2014, Jacques worked for AstraZeneca, most recently as Vice President and Head of Strategy, Infection Innovative Medicines. In this role, he was responsible for disease area strategy and external collaborations for AstraZeneca’s small molecule infectious disease unit. Preceding to AstraZeneca, Jacques worked at Bayer Healthcare for 15 years, most recently as Director of Medicinal Chemistry. Jacques received his Ph.D. in Organic Chemistry from Paris IV University in France and accomplished a Postdoctoral Fellowship at Stanford University.

On Tuesday, July 8th, 2015: Shares of Paychex, Inc. (NASDAQ:PAYX) observed a gain of 2.87% and closed at $45.58 in its last trading session.

Paychex, Inc. is a well-known name when it comes to offering payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations.

The Paychex | IHS Small Business Jobs Index reduced 0.17 percent from July to August, bringing the national index to 100.48. Little movement in recent months gave way to August’s decline. The index was down 0.51 percent from August 2014. The East North Central continued as the top-performing regional index despite a slight decrease month over month. Wisconsin surpassed Washington to lead among states tracked by the index, while Dallas has continued success as the top-ranked metro area for 11 straight months.

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Greg Thomas
Greg Thomas lives in Cincinnati, Ohio, and has been a freelance writer since 2010. He worked in a software house for 5 years. Greg enjoys writing about games, technology, reviews and other topics as well.