Genentech Inc.'s stock climbed 25 percent in late-day trading Monday after news that a Phase III trial of Avastin met its primary endpoint of survival in non-small-cell lung cancer patients. (BioWorld Today)

Shares in Medivir AB dropped by 21.25 percent Tuesday on news that partner Boehringer Ingelheim GmbH opted to discontinue development of the HIV drug MIV-310 (alovudine) following a Phase IIa trial in which the compound failed to attain a target efficacy level. (BioWorld International)