Biotech Stocks to Watch for Monday; (OTCBB: UVFT),(NASDAQ:CLRT), (AMEX: PIP) , (NASDAQ: VRNM)
Biotech Investors see wins for the week of 15-39% on top gainers
Point Roberts, WA –October 24, 2010 (Investorideas.com Newswire and www.biotechindustrystocks.com) - InvestorIdeas.com, a leader in sector research tools for investors, reports on Biotech/ Pharma Stocks recent news and trading.
Biotech Stocks to follow Monday based on Friday’s volume and gains as well as last week’s include UV Flu Technologies, Inc., (OTCBB: UVFT), Clarient, Inc. (NASDAQ: CLRT), PharmAthene, Inc. (AMEX:PIP) and Verenium (NGM:VRNM).
Last weeks biotech stock leaders included Clarient, NASDAQ: CLRT), Verenium (NGM:VRNM). (Pharmathene (AMEX:PIP), Aryx Therapeutics (ARYX) and Labopharm (DDS) . Biotech investors trading these stocks last week saw gains of 15- 39%.
Sector Snapshot: (Trading at Market close Friday October 22)
UV Flu Technologies, Inc., (OTCBB: UVFT) trading at $0.35, up 0.03 (9.37%)
Clarient, Inc. (NASDAQ:CLRT), trading at $ 4.97, up 1.2350 (33.02%) on 50,532,499 volume of shares
PharmAthene, Inc. (AMEX:PIP) trading at $3.85, -0.04 (-1.03%)
Verenium Corporation (Nasdaq: VRNM) trading at $4.00 USD, up 0.18 (4.71%)
Biotech Stocks on the Move
UV Flu Technologies, Inc., (OTCBB: UVFT) Stock up 9.37% on the day
UV Flu Technologies, Inc., (OTCBB: UVFT) is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality ("IAQ") industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. UV Flu is committed to providing clean air to improve health and prevent the spread of disease.
UV Flu Technologies Inc., already has FDA Approval as a Class II Medical Device making the company ahead of its competitors and a Biotech Stock to watch
View latest research report at http://www.biotechstockpick.com/
Biotechnology Stock News; UV Flu Technologies (OTCBB: UVFT) Reports Boston Bruins Now a Customer for ViraTech UV-400 Air Purifying Units
“UV Flu Technologies, Inc. (OTCBB: UVFT) reports that Massachusetts based distributor, New England Sports Sales (“NESSI”), a national distributor of hockey and related equipment to college and professional hockey teams across the USA and Canada, has recently placed an order of ViraTech UV-400 air purifying units in the locker room of the renowned Boston Bruins hockey team.
Full Article: http://finance.yahoo.com/news/UV-Flu-Technologies-Adds-iw-2297079947.html?x=0&.v=1
Website: http://www.uvflutech.com/ and www.biotechstockpick.com
Research Report Excerpt; Key Highlights on UVFT.OB –
Written by Michael Williams at http://biotechstockpick.com/. Michael Williams is America’s top authority on small-cap biotech stock picks.
10 reasons to invest in UVFT
…for what could be the killer biotech buy of the year with 370% profit potential!
1. FDA approval has already been received, allowing UVFT to market its product as a medical device—such approval is highly unusual for a biotech at this stage. Not to mention very few air purifiers have FDA approval. That gives UVFT a big competitive edge.
2. Top 5 U.S. Hospitals Put UVFT Technology to Work—UVFT’s UV-400 is already in operation at two of the most respected medical institutions: The Division of Infectious Diseases at Massachusetts General Hospital and New England Baptist Hospital.
3. Independent laboratory testing proves UVFT’s technology works and is 99.2% to 99.9% effective at killing bacteria on the first pass.
4. OSHA, the main U.S. federal agency charged with the enforcement of safety and health legislation, is creating a moneymaking opportunity for UVFT and its shareholders. Indoor air quality is a growing problem, creating health hazards and sick buildings. OSHA is already issuing directives to provide a healthier work environment for workers.
5. This year’s bad flu season is all it will take to send UVFT’s share price soaring to potential highs of 370% or higher. Business and consumers are going to want the best protection available—and it won’t be blue masks.
6. Strong buyout potential by corporate giants 3M or Honeywell that could send share prices through the rafters.
7. Shares at the ground floor entry point of just $0.30— this is the stage you stand to make the biggest gains—this low price still has blue sky potential.
8. Experienced management team—a powerhouse team that’s been with the heavyweights in health care and finance—those such as Johnson and Johnson and Janney Montgomery Scott. One key team member already successfully brought a $20 million per year product to market! Now UVFT is about to do it again. see pg. 10
9. THREE revenue streams already in place: the flagship Viratech UV-400, the smaller version of the UV-400, and replaceable cartridges for the units are all avenues for UVFT to generate a steady revenue stream.
10. UVFT has the first breakthrough in the air purification market in 70 years. Breakthroughs like that create investment opportunities of a lifetime.
Clarient, Inc. (NASDAQ:CLRT) Recent News: Stock up 33% on the day
“Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/clrt) is investigating potential claims against the board of directors of Clarient, Inc. ("Clarient" or the "Company") (NASDAQ:CLRT - News) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Clarient to GE Healthcare, a unit of General Electric Company in a transaction with a value of approximately $580 million.”
Full Article: http://finance.yahoo.com/news/Ryan-Maniskas-LLP-Announces-bw-3775341173.html?x=0
Verenium Corporation (Nasdaq: VRNM) recent news –
The shares rose $1.13 or 34.8 percent to $4.38 Wednesday on this news
Verenium Announces Regulatory Approval for PurifineÂ® PLC in China
CAMBRIDGE, Mass., Oct. 20 Verenium Corporation (Nasdaq: VRNM), a pioneer in the development and commercialization of high-performance enzyme solutions, today announced that PurifineÃ‚Â® PLC, the Company's novel enzyme specifically developed for the edible oil industry, has received all necessary Chinese government authorizations for sale as a processing aid in the edible oil industry. With this regulatory approval, Verenium now has the ability to sell PurifineÃ‚Â® PLC in all the major oilseed processing areas of the world, which include Argentina, Brazil, the United States and China.
Full news – see company website http://www.verenium.com/.
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