Navigation Links
CNA Finance Initiates Research Coverage On Cancer Genetics
Date:8/24/2017

CNA Finance Chief Research Analyst, Kenny Soulstring, today announced that the stock market news outlet had initiated coverage on Cancer Genetics, a company that has key value drivers already in place to take advantage of opportunities in the $11 billion oncology testing market. The company's recent value enhancing acquisition of vivoPharm is expected to increase current revenues by over $5 million in the fiscal year and will add approximately 55 new oncology focused projects to the in-progress pipeline of over 170 active studies.

According to Kenny Soulstring, "In addition to additional partnership opportunity, which is likely according to the company's recent conference call, the vivoPharm acquisition expands the company's discovery and early development revenue base with a highly complementary set of biotechnology and pharmaceutical customers, with substantial opportunity to develop alliances in both Europe and the Asia-Pacific."

In addition, Soulstring believes that Cancer Genetics is well placed in an industry that is increasing the revenue opportunity exponentially, with an overall oncology testing market expected to eclipse $450 billion on a global scale by the end of the decade. Soulstring also cites that Cancer Genetics is building a global footprint. completing four transformative and accretive acquisitions that provide significant strategic opportunity moving forward.

With Cancer Genetics concentrating on both oncology and immuno-oncology, the newly combined company (with vivoPharm) will provide client specific services ranging from early compound selection to developing comprehensive sets of both in-vitro and in-vivo data and analysis. More importantly, for customers in need of supporting data for Investigational New Drug "IND" applications, the services offered by CGIX hold immense value to clients, who rely on the specialization and unique data profiles to support an IND.

To read CNA Finance's complete research coverage on Cancer Genetics, click here.

Read the full story at http://www.prweb.com/releases/2017/08/prweb14625993.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related biology technology :

1. CNA Finance Initiates Research Coverage On Advanced Medical Isotope Corporation
2. CNA Finance Initiates Research Coverage On Green Spirit
3. CNA Finance Initiates Research Coverage On NuLife Sciences
4. CNA Finance Provides Research Update On Aytu Bioscience And Natesto®
5. CNA Finance Initiates Research Coverage On Next Group Holdings, Inc.
6. CNA Finance Initiates Research Coverage On Aytu Bioscience
7. CNA Finance Initiates Research Coverage On Interpace Diagnostics
8. Oxford Finance Provides $20 Million Senior Debt Facility to Cerapedics Inc.
9. Oxford Finance Provides $10 Million Senior Debt Facility to Oxford BioTherapeutics
10. Biotech finance expert joins Renova Therapeutics as CFO
11. Oxford Finance Provides $3 Million Senior Debt Facility to MDRejuvena
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/19/2018)... ... December 19, 2018 , ... ... first rate Stem Cell Training Course in Las Vegas. Training includes facial rejuvenation, ... procedures explode in popularity nationwide for aesthetics, having the training from expert, Board ...
(Date:12/18/2018)... ... December 18, 2018 , ... USDM Life ... the life sciences industry, unveiled a completely redesigned website at http://www.usdm.com . ... browsing experience for their valued clients and business partners. , The website ...
(Date:12/13/2018)... ... December 11, 2018 , ... Researchers at ... use to quickly detect Clostridium difficile (C. diff), a dangerous and sometimes fatal ... device that can be used onsite in doctor’s offices and nursing homes, providing ...
(Date:12/13/2018)... ... December 13, 2018 , ... Microbial Discovery Group ... This has been part of their strategic plan and an important milestone in ... custom fermentation opportunities for MDG within the $44 Billion human probiotic market. This ...
Breaking Biology Technology:
(Date:1/14/2019)... ... January 14, 2019 , ... Join ... (4pm GMT) to hear about key topics in data quality, including:, ... ,     Patient engagement ,     Smartphone and wearable based performance measures , ...
(Date:1/8/2019)... ... January 07, 2019 , ... Join industry experts Julie Peacock, ... live webinar on Thursday, January 17, 2019 at 1pm EST. , ... risk during the clinical trial process. Featured speakers will also present a case study ...
(Date:1/7/2019)... ... January 07, 2019 , ... ... supplier of Graph Database technology for Knowledge Graphs solutions, announced that it was ... ‘Trend-Setting’ Product . DBTA’s data and information management recognition list includes newer ...
Breaking Biology News(10 mins):