Biotech companies have developed vaccinations and remedies for some of the world’s most unusual diseases. According to Dr. Richard Branson, the world’s rapid technological growth has changed the fortunes of humanity. Biotech companies created a vaccine to combat the biggest pandemic in a century. Within the next seven years, the biotechnology business is estimated to be worth $2.5 trillion. Over the last few months, hedge funds have poured money into these stocks. Novartis AG and BioNTech SE are two of the most prominent biotech companies.
Here is Insider Monkey’s list of the 10 best biotech penny stocks to buy now. Catalyst Pharmaceuticals, Inc. is a biopharmaceutical firm situated in Florida that was created in 2002. Year-to-date, the stock has returned more than 70% to investors. On the list of the 10 top biotech penny stocks to purchase right now, it ranks tenth. Cerecor Inc. is the ninth best biotech penny stock to purchase right now. Over the last few months, the company’s stock has provided investors with returns of more than 32%. It focuses on congenital diseases, diseases that develop later in life, and arthritis treatments. On the list of the 10 greatest biotech penny stocks to purchase right now, Acasti Pharma Inc. is ranked eighth. The company’s primary focus is on the development and marketing of cardiovascular disease medications. Over the last year, its stock has returned more than 73 percent to investors. VBI Vaccines Inc. is the seventh best biotech penny stock to buy right now, according to the ranking. Over the last few months, the company’s stock has returned more than 50 percent to investors. Sci-B-Vac, a hepatitis B vaccine, is the company’s most well-known product. On the list of the 10 greatest biotech penny stocks to purchase right now, Protagenic Therapeutics, Inc. is ranked sixth. The company focuses on the development of medications to treat neuropsychiatric and mood disorders caused by stress. For more details, click 10 Best Biotech Penny Stocks to Buy Now.
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