Biotech Stocks That Could Have Investors Looking At A Billion-Dollar Opportunity
CORAL GABLES, FL / ACCESSWIRE / September 13, 2017 / September has already been an interesting month for biotech stocks especially considering the mergers and acquisitions climate from the tail end of August. Why? The reason was from Gilead's announcement that it would be acquiring Kite Pharma for nearly $12 Billion. This has helped to propel shares of the iShares Nasdaq Biotech ETF to new 52-week highs as well. Keeping this in mind, the climate for biotech stocks continues to support a bullish tone where several companies have caught the attention of the market during recent weeks.
GT Biopharma (OXISD) recently announced the completion of its acquisition/merger of Georgetown Translational Pharmaceuticals, Inc. as well as the elimination of all debt. In addition to this, the company has acquired, through the deal with Georgetown, a suite of neurological products that are late stage and close to market. Another key highlight from the acquisition was the addition of a new CEO, Dr. Kathleen Clarence-Smith who's had myriad positions with large biotech firms, both taking drugs to market as well as being an integral part during other M&A activities.
Dr. Raymond Urbanski has also joined the (OXISD) team. His position will be that of Chief Medical Officer. His previous experience has seen him hold positions at other biotech organizations including Vice President/CMO of the Established Products Business Unit at Pfizer. Dr. Urbanski served as Chief Medical Officer of Mylan Inc. For a full report on GT Biopharma (OXISD) Click Here.
Also making headlines has been OPKO Health, Inc. (OPK). Earlier this week the company announced that GeneDx will be showcasing its leadership in genetic and genomic testing with more than 35 poster and platform presentations at the National Society of Genetic Counselors and the American Society of Human Genetics annual meetings this fall.
GeneDx is a business unit of BioReference Laboratories, a wholly owned subsidiary of OPKO Health, Inc. This year, the company's CEO -- Dr. Phillip Frost has been reported to have continued to add to his position in the company based on high hopes for the company's Rayaldee and 4Kscore
Other reports have highlighted OPKO for its recent options volume for higher priced calls. Sep 15, 2017 $10 Call had some of the highest implied volatility of all equity options today.
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BIOTECHSTOCKS,.com is owned by MIDAM VENTURES LLC., a Florida Corporation that has been compensated $550,000.00 by a GT Biopharma Inc. for a period beginning August 1, 2017 and ending Oct. 1, 2017 now extended to October 1, 2017 to publicly disseminate information about (OXISD). We own zero shares. Full Disclaimer Here.
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