Let's also examine hedge fund and insider activity in other stocks similar to ArQule, Inc. (NASDAQ:ARQL). These stocks are ShangPharma Corp (ADR) (NYSE: SHP ), OncoGenex Pharmaceuticals Inc (NASDAQ: OGXI ), Enzon Pharmaceuticals, Inc. (NASDAQ: ENZN ), Durata Therapeutics Inc (NASDAQ: DRTX ), and Cytokinetics, Inc. (NASDAQ: CYTK ). This group of stocks belong to the biotechnology industry and their market caps match ARQL's market cap.