Inovio Pharmaceuticals, Inc. (INO - Free Report) and partner GeneOne Life Science, Inc. announced that they have gained approval for the initiation of a phase I study evaluating Zika vaccine, GLS-5700. Inovio’s shares jumped almost 7% following the announcement.
The open-label, dose-ranging study will involve 40 human volunteers and evaluate the safety, tolerability and immunogenicity of GLS-5700 administered intradermally using Inovio’s proprietary DNA delivery device Cellectra. While dosing is expected to begin over the coming weeks, interim results from the study are anticipated later this year.
Per Inovio’s press release, 58 countries and territories have reported continuing spread of this mosquito-borne virus as of May 2016. Moreover, the incidences of viral infection and medical conditions caused by this virus are increasing rather than diminishing.
Although Zika virus is generally associated with common symptoms like fever, rash, joint pain, and conjunctivitis, it can also lead to a severe birth defect called microcephaly which arises from infection during pregnancy. We note that the outbreak of Zika virus was declared a public health emergency of international concern by the World Health Organization earlier this year.
With no approved vaccine or treatment for this virulent virus, companies like Intrexon Corp. among others are also looking to develop Zika vaccines.
Inovio is a Zacks Rank #3 (Hold) stock. A couple of better-ranked stocks in the health care sector are ANI Pharmaceuticals, Inc. (ANIP - Free Report) and Retrophin, Inc. , each sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Inovio Pharmaceuticals, Inc. (INO - Free Report) and partner GeneOne Life Science, Inc. announced that they have gained approval for the initiation of a phase I study evaluating Zika vaccine, GLS-5700. Inovio’s shares jumped almost 7% following the announcement.
The open-label, dose-ranging study will involve 40 human volunteers and evaluate the safety, tolerability and immunogenicity of GLS-5700 administered intradermally using Inovio’s proprietary DNA delivery device Cellectra. While dosing is expected to begin over the coming weeks, interim results from the study are anticipated later this year.
Per Inovio’s press release, 58 countries and territories have reported continuing spread of this mosquito-borne virus as of May 2016. Moreover, the incidences of viral infection and medical conditions caused by this virus are increasing rather than diminishing.
Although Zika virus is generally associated with common symptoms like fever, rash, joint pain, and conjunctivitis, it can also lead to a severe birth defect called microcephaly which arises from infection during pregnancy. We note that the outbreak of Zika virus was declared a public health emergency of international concern by the World Health Organization earlier this year.
With no approved vaccine or treatment for this virulent virus, companies like Intrexon Corp. among others are also looking to develop Zika vaccines.
Inovio is a Zacks Rank #3 (Hold) stock. A couple of better-ranked stocks in the health care sector are ANI Pharmaceuticals, Inc. (ANIP - Free Report) and Retrophin, Inc. , each sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on INO - FREE
Get the latest research report on ANIP - FREE