En Yahoo
Novavax, a synthetic vaccine maker, has also given investors two clear-cut reasons to consider owning its stock in 2018. Up first, Novavax is expecting to unveil interim data for its late-stage respiratory syncytial virus (RSV) study in pregnant women next year. If successful, the company's experimental RSV F vaccine could become part of the standard of care for expecting mothers in the United States, and perhaps even abroad. That's a rather large and lucrative market opportunity, to put it mildly.
Novavax is also making strides with its experimental NanoFlu vaccine that it hopes can displace the current standard of care. Although the company's efforts in this area are still in the early-stage phase, an effective flu vaccine could be worth up to $3 billion per year in sales, according to Research and Markets. Stated simply, this small-cap vaccine maker is targeting two blockbuster opportunities in the clinic right now.
The downside is that Novavax desperately needs fresh sources of capital soon to advance its clinical activities in RSV and flu, and there's also no guarantee either of these product candidates will become commercially available. Thus, it might not be a good idea to go hog wild with this low-priced equity right now.
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