March 20, 2017 / 2:30 PM / 5 months ago

BUZZ-Aralez Pharmaceuticals Inc: CEO buys stock

** Canadian drugmaker's U.S.-listed shares rise as much as 17 pct to $2.64 - 2nd day of gains

** Toronto-listed shares of Aralez were up 7.6 pct at C$3.3

** CEO Adrian Adams buys additional 500,000 shares of co's common stock

** Purchased at $2.46/shr, for about $1.2 mln; Adams now owns about 3.6 mln shares of company's common stock

** Company has 65.7 mln shares outstanding as per TR data

** Up to Friday's close, Aralez's NASDAQ-listed shares had fallen nearly 41 pct in the last 12 months

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