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GenVec GNVC

"Genvec Inc is a biopharmaceutical company. The Company is engaged in leveraging its proprietary AdenoVerse gene delivery platform to develop a pipeline of cutting-edge therapeutics and vaccines."


NDAQ:GNVC - Post by User

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Post by mart33on May 28, 2008 1:56pm
878 Views
Post# 15119229

no underlying reason for buying

no underlying reason for buyingJust becuase the company recieved a grant (that really is not that much considering the cost of medical research; over two years salaries alone will cost about $250,000) is no reason for a jump in the SP. The company is purely speculative. It is an early stage company that is in the gutter for a reason, which is weak prospects. Its two drugs that it will try to develop for cancer and HIV are being pursued by many more well funded companies with absolutely no headway, so what is the promise for genvec?
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