The biotech market is looking great today; with a good percentage of biotechnology stocks in the green today. After looking through the industry, I’ve found 3 stocks that are not only growing, but seem to be strong growth opportunities for the future. Here they are…
Acura Pharmaceuticals Climbs On Agreement With Bayer
Acura Pharmaceuticals, Inc. (NASDAQ: ACUR)
Acura Pharmaceuticals stock is up in a big way today after the company announced that it has entered into a license and development agreement with Bayer Healthcare. The agreement gives Bayer Healthcare an exclusive worldwide license to IMPEDE technology; developed by ACUR for use in an undisclosed methamphetamine resistant pseudoephedrine containing product and to jointly develop such product utilizing the IMPEDE technology for the US market. As a result of the agreement with Bayer Healthcare, ACUR is currently (12:23) trading at $1.09 per share after a gain of 31.52%. Because of the reason for the climb, I’m not expecting ACUR to give up it’s gains any time soon. So, keep an eye out for pull backs that prove to be buying opportunities.
Anthera Pharmaceuticals Continues To Climb On High Volume
Anthera Pharmaceuticals Inc (NASDA: ANTH)
Anthera Pharmaceuticals stock is up yet again today. While the gains aren’t quite as high as they were yesterday, we are definitely seeing gains as ANTH continues to trade on high volume. Over the past 50 days, the stock has traded hands 656,888 times per day. However, today so far, the trading volume for the stock is up to 849,574 and climbing higher. Nonetheless, from a technical standpoint, it looks like we’re going to see a pull back relatively soon. So, if you’re looking for your opportunity to get in on the gains, keep your eyes peeled.
ZIOPHARM Oncology Stock Is Up On High Volume
ZIOPHARM Oncology Inc. (NASDAQ: ZIOP)
Finally, ZIOPHARM Oncology stock is enjoying high volume as well; leading to gains. On average ZIOP trades hands 3,928,357 times per day. However, today so far, the stock has traded hands 3,435,356 times; a number that is also growing rapidly. Currently (12:37) ZIOP is trading at $11.24 per share after a gain of 4.85% so far today. This is another one that based on both technical and fundamental data, we’re likely to see growth from. So, it’s yet another stock that you’ll want to look for pull backs in for buying opportunities.
Do You Know Of Any Others?
Do you know of any other biotech stocks that are showing opportunities for growth? If so, let us know in the comments below!