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Stock impact report

This Under-the-Radar Stock Is Up by 96% This Year: Time to Buy? [Yahoo! Finance]

Inovio Pharmaceuticals, Inc. (INO) 
NASDAQ:AMEX Investor Relations: ir.inovio.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Its bet to become a leader in this field fell flat, the company largely fell into irrelevance, and its value decreased substantially. However, Inovio isn't dead in the water. The company might be mounting a comeback, with its shares up by 96% since the year started. Is Inovio Pharmaceuticals a good contrarian buy? Let's find out. What's going on with Inovio? Inovio Pharmaceuticals develops DNA-based medicines. It uses a proprietary platform to manufacture plasmids, or DNA molecules, that it can insert into patients' bodies (also using proprietary devices) and that are designed to help produce disease-specific antibodies. Inovio boasts eight programs in clinical trials, an impressive number for a biotech with a market cap of just $305 million. Still, most of its programs haven't made it to phase 3 studies. It discontinued the development of its coronavirus vaccine, INO-4800, in the U.S. after encountering a range of clinical and regulatory issues, not to mention the stiff compe Show less Read more
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