COCP added more than $400m to it's value Since Dr.Frost (Billionaire) became a Director in May 2014. just imagine,the potential. SVON's market cap only $14m.
New Corporate Overview,Pfizer involved as well!!! http://www.seviontherapeutics.com/wp-content/uploads/2015/06/SEVION-BIO-Deck-061215-PDF.pdf
A next generation biologics company with enabling
technology for antibody discovery against multipass
transmembrane proteins like ion channels and GPCRs.
Backed by world renowned investors and advisors
Pfizer
Opko Health
Phillip Frost – CEO of OPKO, former Chairman of TEVA ,( $51B company)
Harlan Waksal – Founder of Imclone, CEO Kadmon
Richard Lerner – Past President Scripps
I will not be Surprised to see a triple PPS,imo the short term,and there are many reasons for that:
1. Raised $4.8 so far (including yesterday AH,pr) buyers of those $4.8m+ wanna see much higher PPS.
2. market value is simply a joke for a company entered the clinical phase.
3. Three more products Preclinical and two more on the Discovery phase.
4. market potential is billions. For example, SVN-003 is a chimerasome/insulin product which preferentially delivers insulin to the liver.
5. Working with Mayo Clinic (like TPIV),"More than 3,300 physicians, scientists and researchers from Mayo Clinic share their expertise to empower you". "Mayo Clinic has major campuses in Rochester, Minn.; Scottsdale and Phoenix, Ariz.; and Jacksonville, Fla. The Mayo Clinic Health System has dozens of locations in several states"
6. Very low outstanding and float.
7. Chart- already trading over 50ma+200ma
More about SNS01-T (oncology)-Clinical phase you can find on their Website.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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