Micro-Cap Biotech with Value and Triple Digit Growth
Could This Be The Next Drug To Make It Big?
Dear Investor
One micro-cap biologic stock is catching analysts' eyes. Not only is this stock trading cheaply compared to the industry average, but it has all the markings of both a value and growth play with revenue rising 106% in 2018 and expected to earn over $16.6 million in 2019.
Overall Average Signals on Barchart is a 48% BUY.
Morningstar believes that this stock may be fairly valued at a 22% discount to its current trading price.
The news was just announced on April 25th that it has obtained an exclusive license from Stanford University to manufacture and sell a novel protein, Wnt surrogate Fc, a substitute for a protein known as Wnt.
The top-selling biologic in 2018 was Humira. Genentech's biologic drug Rituxan, a lucrative anti-cancer drug used in the treatment of Non-Hodgkin's lymphoma, received FDA approval in 1997[11] and it is still making big profits for Genentech.
A quick look at the drug market today shows that 5 out of the top 10 drugs are now biologics.
The potentially large returns are at a grasp for smaller pharma companies when bringing new prescription drugs to the market, especially a company like this.
With this type of massive potential, this is a stock that deserves a look.