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:5/15/2019)... (PRWEB) , ... May 15, 2019 , ... Milton Hershey ... in recognition for his work within the biomedical industry, where he is changing lives ... medical devices. , “William Harding epitomizes the vision of our founders – Milton ...
(Date:5/8/2019)... ... ... Atlas is on the large side for a Quarter Horse. He and his owner ... When loping around a corner in late 2017, Atlas tripped and partially tore his right ... to walk. Fortunately Atlas’ owner, Kelly, sought the opinion of her veterinarian, Dr. Colter ...
(Date:5/2/2019)... ... April 30, 2019 , ... By ... USA Inc. has demonstrated its ability to provide various services and products ... enhance customer satisfaction through the effective implementation of its quality management system, ...
(Date:5/2/2019)... ... May 02, 2019 , ... Boston Robotic Hair Restoration announces ... are the days of painful hair transplant procedures. Boston Robotic Hair Restoration offers ... only robotic intelligent solution to offer a minimally invasive procedure. With the ARTAS® ...
Breaking Biology Technology:
(Date:6/13/2019)... ... June 13, 2019 , ... KICVentures announced ... & The Spine, Orthopedic and Pain Management-Driven ASC Conference in Chicago on Thursday, June ... 323 E. Wacker Dr. Chicago, IL in the 3rd floor Ticino Hospitality room in ...
(Date:6/11/2019)... ... June 10, 2019 , ... Improved Pharma LLC announces ... 2019 issue of AAPS PharmSciTech. The article was published online on April 29th, 2019. ... Pharma, along with Xiaoming Sean Chen of Purdue University. , The article is the ...
(Date:6/6/2019)... ... June 05, 2019 , ... Ziegler, ... financial advisor to Pathologists Bio-Medical Laboratories (PBM) on its recent acquisition by PathGroup. ... platform that provides services to more than one dozen hospitals and surgery centers ...
Breaking Biology News(10 mins):