PharmAthene (AMEX: PIP) is on The StockGuru Leader Board today. The stock closed up 3.29% on Friday.
Volume was 451,944 shares traded.
About the Company:
PharmAthene, Inc., a biodefense company, engages in the development and commercialization of medical countermeasures against biological and chemical weapons in the United States. Its product candidates include SparVax, a recombinant protective antigen anthrax vaccine that completed one Phase I and two Phase II clinical trials for post-exposure prophylaxis in conjunction with antibiotics and general use prophylaxis; Valortim, a human monoclonal antibody that completed Phase I clinical trial to protect against and treat human inhalational anthrax,; and Protexia, a recombinant enzyme butyrylcholinesterase for nerve agent poisoning by organophosphorous compounds, including nerve agents and pesticides. The company serves the United States Department of Defense, the National Institute of Allergy and Infectious Diseases, the Biomedical Advanced Research and Development Authority, and the National Institute of Health. It has collaboration with Bristol Myers Squibb, Inc. for the development of Valortim. The company was founded in 2001 and is headquartered in Annapolis, Maryland.
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