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Medivation, Inc. leads Monday small-cap pre-market volume

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Medivation, Inc. (Nasdaq: MDVN) announced its Alzheimer’s drug Dimebon significantly improved symptoms over one year and was more effective than a placebo used in a clinical trial.

Neurochem Inc. (Nasdaq: NRMX) reported some positive preliminary data in a Phase III trial of its Alzheimer’s drug tramiprosate, but the Canadian company said it is still working on analysis. Neurochem said it will announce top-line trial results during the second quarter ending June 30.

Private equity group BBAC LLC announced it is taking Back Yard Burgers, Inc. (Nasdaq: BYBI) private for approximately $38 million.

The following are the most actively traded companies in Monday pre-market trading among those with market capitalizations under $500 million:

    Price at %
9:15 et Change Change Volume Year High Year Low
 MDVN  MEDIVATION INC   21.01     +4.83     +29.9%     875.0k     20.50     3.80  
 NRMX  NEUROCHEM INC   6.10     +0.35     +6.1%     53.5k     26.51     5.60  
 INFN  INFINERA CORPORATION   26.50     +1.34     +5.3%     13.3k     26.41     0.88  
 NOVC  NOVACEA INC   10.55     +0.21     +2.0%     11.6k     17.25     5.45  
 NGSX  NEUROGESX INC   8.05     +0.36     +4.7%     3.4k     10.99     7.20  
 BYBI  BACK YD BURGERS INC   6.25     +1.20     +23.8%     3.3k     6.25     4.55  
 OMNI  OMNI ENERGY SERVICES   11.00     -0.41     -3.6%     2.0k     12.60     6.63  
 PCNTF  PACIFIC INTERNET LTD   10.88     -0.01     -0.1%     1.4k     10.98     7.60  
 GROW  U S GLOBAL INVS INC   24.48     +0.22     +0.9%     1.3k     36.35     8.78  
 BRNC  BRONCO DRILLING CO INC   17.18     +0.20     +1.2%     1.2k     21.41     13.53