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TEVA - Why Is This Fast-Growing Biotech So Undervalued?
Teva Pharmaceutical Industries Limited American Depositary Shares
Antares Pharma(NASDAQ: ATRS) is one of the fastest-growing biotech stocks in the sector, with multiple collaboration agreements with large-cap pharmaceutical companies to supply it with pressure-assisted injector devices.
The wheel of fortune, however, has not been kind to Antares, as its shares are now down 40% year to date despite the company's record levels of revenue growth. Just what exactly could be keeping this stock down?