Ino Hot

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On 06.08.2020
Last modified:06.08.2020

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Ino Hot Inovio is still attracting buyers but investors may want to wait for the dust to settle first Video

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If the supplier is unable to produce plasmids for the commercial sale of INO, then Inovio needs its licensing so it may seek another third-party supplier.

Investors should find it troubling that the companies cannot agree without going to court. Conversely, Inovio appears confident that it will have a vaccine coming to the market.

If it reports good Phase 1 results and completes its animal challenge testing, then the company needs to resolve this dispute quickly. Inovio has a prospective DNA-based vaccine platform whose long-term prospects are improving.

Its clinical studies, which are fast-tracked, will give scientists plenty of valuable data to analyze. Any result better than expected will give the stock a strong lift.

Shares are already too high for investors who did not buy the stock sooner. Those who missed out should wait for selling pressure to potentially create a better entry point.

As of this writing, the author did not hold a position in any of the aforementioned securities. If it can successfully develop a vaccine, then early shareholders will possibly be rewarded even further.

In case Inovio Pharmaceuticals is one of those successful companies to get a vaccine approved by the U. It would not be too surprising if the two companies were to take their partnership to a higher level.

Such a development would benefit investors in INO stock. Finally, strong international coordination and cooperation between vaccine developers, regulators, policymakers, funders, public health bodies and governments will be needed to ensure that promising late-stage vaccine candidates can be manufactured in sufficient quantities.

Developing an efficient vaccine takes science, time and money. In addition to Inovio, many other biopharma companies are currently working on either a vaccine or another type of treatment against the coronavirus.

No scientist, government official, or investor can fully predict when a treatment will be ready or how any one of them may perform commercially. Thus, even a successful vaccine may not necessarily be a promise to fortunes for these biopharma shares, such INO stock.

It is still a small biotech company with no approved products. The company reported second-quarter financial results on Aug.

And that revenue is not enough to sustain any meaningful rally in INO stock. Several biopharma firms, such as Inovio, have delivered quite astronomical gains since March.

Yet markets are always forward-looking. We have potentially entered an environment where investors want to see finished and approved vaccines from these firms.

Go to Watchlist. No Recent Tickers Visit a quote page and your recently viewed tickers will be displayed here. Search Tickers.

MarketWatch Dow Jones. ET by MarketWatch Automation. ET by Jaimy Lee. Opinion These are the non-pharma winners and losers from the Pfizer vaccine results Nov.

ET by Michael Brush. No Headlines Available. Other News Press Releases. ET on InvestorPlace. Wainwright Dec. ET on SmarterAnalyst. ET on Zacks.

ET on benzinga. Prepare for Phase 2 and a Comeback for Inovio Nov. Wainwright Nov. ET on TipRanks. ET on WallSt.

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