Anthera Pharmaceuticals (OTCMKTS:ANTH) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Anthera Pharmaceuticals, Inc. (OTCMKTS:ANTH) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0001. Anthera Pharmaceuticals shares last traded at $0.0001, with a volume of 6,661 shares trading hands.

Anthera Pharmaceuticals Trading Up 9,900.0%

Anthera Pharmaceuticals Company Profile

Anthera Pharmaceuticals, trading on the OTC Markets under the symbol ANTH, is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel therapies for patients suffering from serious and rare inflammatory and autoimmune diseases. The company’s research and development efforts center on both biologic and small-molecule approaches designed to modulate key pathways in immune system dysfunction. Anthera’s strategy includes advancing lead candidates through late-stage clinical trials while exploring additional indications for its pipeline assets.

The company’s most advanced asset, blisibimod, is a selective antagonist of B-cell activating factor (BAFF) that has been evaluated in clinical studies for systemic lupus erythematosus (SLE) and primary immune thrombocytopenia (ITP).