Mid-Day Market Losers (XOMA, DARA, BPAX, BASI)

XOMA Ltd XOMA shares dipped 20.03% to $4.91 by 12:00 pm. XOMA's trailing-twelve-month ROE is -461.17%. DARA Biosciences Inc DARA shares dropped 17.95% to $3.20. DARA's trailing-twelve-month ROE is -394.10%. Biosante Pharmaceuticals Inc BPAX lost 17.50% to $1.65. BPAX announced its plans to raise $18 million in registered direct offering. Bioanalytical Systems Inc BASI fell 12.84% to $1.90. BASI reported 13.1% y/y drop in its FQ4 revenue. Read more from Benzinga's Markets.