Worth Watching Stocks Buzz: XON Intrexon Corp (NYSE:XON), SEM Semtech Corporation (NASDAQ:SMTC)

On Monday, Shares of Intrexon Corp (NYSE:XON), subtract -3.09% and closed at 25.83 in the last trading session. The last trading range of the stock ranges between $25.81 and 26.87. ZIOPHARM Oncology, Inc. (ZIOP) declared the presentation of preliminary data from the Company’s Phase 1b/2 study of Ad-RTS-hIL-12 + veledimex following standard chemotherapy for the treatment of patients with locally advanced or metastatic breast cancer. The poster presentation, titled “Phase 1b/2 study of intratumoral Ad-RTS-hIL-12+veledimex in patients with chemotherapy-responsive locally advanced or metastatic breast cancer,” was presented at the European Society for Medical Oncology (ESMO) 2016 Congress recently in Copenhagen, Denmark.

The study, which is being conducted at the Memorial Sloan Kettering Cancer Center in New York, is designed to examine the safety, tolerability and efficacy of Ad-RTS-hIL-12 immunotherapy in up to 40 women with locally advanced or metastatic breast cancer of all subtypes. Ad-RTS-hIL-12 + veledimex is a novel gene therapy which controls local expression of IL-12. The ability to regulate the production of IL-12 by modulating veledimex dosing is designed to improve its therapeutic index with standard of care.

Semtech Corporation (NASDAQ:SMTC), dropped -1.99% and closed at $24.65 in the last trading session. The last trading range of the stock ranges between 24.50 and 25.20. The company’s Market capitalization is $1.63 Billion with the total Outstanding Shares of 65.57. million. Semtech Corporation (SMTC), a leading supplier of analog and mixed-signal semiconductors, joined ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, recently to formally declare the launch of ZTE’s first Internet of Things (IoT) Demonstration Base (CLAA IoT Demonstration Base) dedicated to LoRa Technology in Nanjing, China.

The CLAA IoT Demonstration Base allows IoT solution providers to deploy and test their applications over a low power, wide area network (LPWAN). ZTE plans to deploy over 30 Commercial Demonstration Bases across China by the end of this year. The unveiling of the IoT Demonstration Base was made at the 2016 China LoRa IoT Summit (CLIS), where more than 600 attendees from over 300 companies were on hand to celebrate the declarement and view dozens of use cases on display for a wide range of IoT solutions, counting smart city, smart park, agriculture, industrial, metering, and other applications. Mohan Maheswaran, Semtech’s President and Chief Executive Officer delivered the opening address at this event.

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