CHELSEA THERAP (CHTP) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CHELSEA THERAP (CHTP) from NEUTRAL to OUTPERFORM on August 13, 2012, with a target price of $1.10.

Chelsea Therapeutics is a biopharmaceutical development company that acquires and develops innovative products for the treatment of a variety of human diseases. Chelsea develops technologies that address important unmet medical needs or offer improved, cost-effective alternatives to current methods of treatment. Chelsea concentrates its efforts on acquiring and developing technologies for the treatment of rheumatoid arthritis, psoriasis, cancer and other immunological disorders.

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