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 The leading web portal for pharmacy resources, news, education and careers November 23, 2017
Pharmacy Choice - Pharmaceutical News - Biotech Stocks Present Massive Opportunity for Investors - November 23, 2017

Pharmacy News Article

 9/13/17 - Biotech Stocks Present Massive Opportunity for Investors

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 (OTCQB: 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 GT Biopharma 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 T2 Biosystems, Inc. (TTOO). Earlier this week the company announced that it has filed a 510(k) premarket submission for the T2Bacteria Panel with the U.S. Food and Drug Administration. "The filing of T2Bacteria brings us one step closer to achieving our goal of providing the healthcare system with a comprehensive sepsis solution," said John McDonough, President and Chief Executive Officer. "We are very pleased with the performance of the T2Bacteria Panel in the pivotal clinical trial as the product has demonstrated performance comparable to our FDA-cleared T2Candida Panel."

Shares of T2 have been trading in an uptrend since the beginning of August. In fact, on August 3, shares were trading at $2.63. As of the afternoon on Wednesday, T2's share price has hit highs of $6.99.

BIOTECHSTOCKS

About BiotechStocks.com

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.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither BTS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://biotechstocks.com.

NO WARRANTY

BTS, the Author and the Reviewer (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise, arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness, or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

Contact:

news@biotechstocks.com

SOURCE: BiotechStocks.com



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