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Biotech Top Gainers – Inovio Pharmaceuticals (INO), Arena Pharmaceuticals (ARNA), Coronado Biosciences (CNDO), AEterna Zentaris (AEZS)
Inovio Pharmaceuticals Inc (NYSEMKT:INO) advanced 18.22% after a report provided three signs indicating that Inovio is shaping up to be a strong bio run-up candidate next year. The report claims that the short interest has finally started to reverse course of late, and institutions have more than doubled their stake in the company recently. In…
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Florida becomes the Most Rapidly Growing State in Adding New Biotech Companies – (NPSP, ARNA, AEZS, VVUS)
A global report by research firm Battelle, the world’s largest private contract research and development organization, claims that Florida is the most rapidly growing state in creating new biotech companies and ranks second in medical device firms. According to a University of Florida life science database, the southeastern region of the state including Broward and…
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As Worst U.S. Drought Withers Corn, Biotech Firms Expect Fruitful Opportunity – (ARNA, QCOR, AEZS, VVUS)
The most horrible U.S. drought in half a century is weakening the country’s corn crop, but it’s a fruitful opportunity for developers of genetically modified crops. Agricultural biotechnology companies have been spending big amount of dollars into developing plants that can resist the impacts of an extended dry spell. Monsanto Co., based in St. Louis,…