Nine "Cash Plus Catalyst" FDA Decision & Clinical Trial Trades
LOS ANGELES - 05/11/09 - In a new special report, BioMedReports.com- the news portal covering the biomedical news and financial sector- is profiling nine ’Cash Plus Catalyst’ trades which include companies that are currently trading for around 2X net cash/equivalents or less (the ratio of market cap to cash/equivalents less debt) with pending FDA decisions, clinical trial results, or pending FDA submissions.
The following companies met the screening requirements, and all have pivotal FDA deadline dates and/or events, so they are all profiled in the report for investors:
BioForm Medical (NASDAQ:BFRM): Market Cap = $59.8M, Net Cash = $41.4M.
Spectrum Pharma (NASDAQ:SPPI): Market Cap = $119.1M, Net Cash = $70.5M.
Nanosphere (NASDAQ:NSPH): Market Cap = $81.4M, Net Cash = $58.2M.
Vivus (NASDAQ:VVUS): Market Cap = $310M, Net Cash = $176.6M.
Amicus Therapeutics (NASDAQ:FOLD): Market Cap = $174M, Net Cash = $108M.
Pain Therapeutics (NASDAQ:PTIE): Market Cap = $179M, Net Cash = $185.6M.
Biodel (NASDAQ:BIOD): Market Cap = $93M, Net Cash = $72.1M.
Avanir Pharma (NASDAQ:AVNR): Market Cap = $62.6M, Net Cash = $30.5M.
Orexigen Therapeutics (NASDAQ:OREX): Market Cap = $96.7M, Net Cash = $64.7M.
A full special report detailing all of the FDA events and Clinical Trials updates appears today at BiomedReports.com.
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Disclosure: No positions.
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