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zenvesting

12/22/14 10:25 PM

#9955 RE: Potse #9891

SVON is an interesting biotech speculation for the risk tolerant on this news of a collaboration with JNJ that they announced today:
https://finance.yahoo.com/news/sevion-announces-antibody-discovery-collaboration-113000974.html

I thought something was brewing here with Phillip Frost taking a stake and merging his privately held biotech interest into it, but it's not my typical value-oriented play so I didn't mention it here......and I'm only at break even now, having taken my position in October.....but based on their October investor presentation, they also have a pending collaboration with Bristol-Myers Squibb that they may have news about soon too:
https://finance.yahoo.com/mbview/threadview/?&bn=49ee508a-6fc9-40e3-a4af-a5bf187f01d0&tid=1418612299876-9c99dc82-4bfa-486f-9c3a-8f4f23b2cac8&tls=la%2Cd%2C0%2C3