VKTX - Biotech Risers You Can't Miss
HENDERSON, NV / ACCESSWIRE / February 14, 2019 / The biotech market has been providing investors with several profit opportunities so far this year. Below are a few companies you should research right away so you can book some profits of your own.
The first stock we suggest looking at is BioRestorative Therapies, Inc. (BRTX), a life sciences company focused on stem cell-based therapies, is developing a therapy "ThermoStem" using brown adipose (fat) derived stem cells to generate brown adipose tissue. The company traded above $3 dollars last year before hitting lows with the rest of the biotech industry. The company has started to rally in lockstep with the industry's ETF: IBB, and could be on the verge of a breakout that may send BRTX above their 2018 highs. Get a jumpstart on the crowd by researching BRTX today.
Today we are highlighting: BioRestorative Therapies, Inc. (BRTX), Viking Therapeutics, Inc. (NASDAQ: VKTX), MannKind Corporation (MNKD), ImmunoGen, Inc. (NASDAQ: IMGN), and Cronos Group (NASDAQ: CRON).
According to Grand View Research, the global obesity treatment market was valued at $3.9 billion in 2015 and is expected to reach $15.6 billion by 2024. According to the Insti tute of Health Metrics and Evaluation, about 30% of the global population is either obese or overweight. These are just a couple making companies developing weight management solutions so valuable to investors.
One of the more novel approaches to fighting this obesity epidemic is being developed by BioRestorative Therapies, Inc. (BRTX) (Market Cap: $9.716M, Share Price: $0.7360), a life sciences company focused on stem cell-based therapies developing a therapy "ThermoStem" using brown adipose (fat) derived stem cells to generate brown adipose tissue ("BAT"). BAT is intended to mimic naturally occurring brown adipose depots that regulate metabolic homeostasis in humans.
BRTX just received a Notice of Allowance on the company's fourth patent for their metabolic ThermoStem program. The company's patents span US, Australia and Japan.
Initial preclinical research indicates that increased amounts of brown fat in the body may be responsible for additional caloric burning as well as reduced glucose and lipid levels. This is a very promising sign for the company.
Viking Therapeutics, Inc. (VKTX) (Market Cap: $630.276M, Share Price: $8.82) Chief Executive Officer, Brian Lian, recently delivered a corporate presentation at the 11th Annual Biotech Showcaseâ„¢.
MannKind Corporation (MNKD) (Market Cap: $268.22M, Share Price: $1.44) announced a direct purchase program to help those with diabetes obtain the company's inhaled insulin, Afrezza, for as little as $4 a day. Afrezza (insulin human) Inhalation Powder is a rapid-acting inhaled insulin indicated to improve glycemic control in adult patients with diabetes mellitus.
ImmunoGen, Inc. (IMGN) (Market Cap: $814.037M, Share Price: $5.46) recently reported a loss of $40.8 million in its fourth quarter. The Waltham, Massachusetts-based company said it had a loss of 28 cents per share.
Cronos Group, Inc. (CRON) (Market Cap: $3.649B, Share Price: $20.45) announced in early December 2018 that it had entered into a subscription agreement with Altria Group, Inc., one of the leading tobacco brands in the world, pursuant to which Altria agreed to make an approximately C$2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the Company.
Legal Disclaimer:
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to receive a $90,000 convertible note with the issuer for 90 days of service dated 7/10/18. Regal Consulting has signed an amendment to the agreement dated 7/10/18, to extend the agreement and provide additional services for an additional $80,000 convertible note with the issuer. Regal Consulting has signed a second amendment to add additional services for an additional $90,000 convertible note. Regal Consulting has been compensated $50,000 cash for February services. All payments were made directly by BioRestorative Therapies, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspecultors.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. BRTX was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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