On the rise today is Adial Pharmaceuticals (NASDAQ:ADIL), up 2.27% and selling for $3.02 USD on the NASDAQ exchange. Penny stocks in the pharmaceutical industry are often an investor favorite.
There are many reasons as to why this is. There is a host to pick from and often, it takes only one successful trial or drug to see shares skyrocket.
Penny Stocks to WatchThe Virginia, US-based company is a clinical-stage biopharmaceutical company that focuses on treatments for alcohol use disorders. Its lead product is AD04, “a selective serotonin-3 antagonist that has completed Phase ...
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