Progenity is making great strides in its transformation into a biotherapeutics company. We are pleased to have signed this important agreement with the U.S. government to supply the initial 100 million doses upon approval as part of our commitment to address the global health threat. We routinely post information that may be important to investors on our website at www.Pfizer.com. Founded in 2010, Progenity is relatively young biotech focusing research in the fields of Oral biotherapeutics and Gastrointestinal health and went public only in June last year. https://ahaic.org . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. We want to share what Pfizer charitable giving, political contribution and partnering with equally dedicated individuals has done to help NEW YORK, Oct. 25, 2021 /PRNewswire/ --InvestorsObserverissues critical PriceWatch Alerts for T, TSLA, PFE, PROG, and WATT. Forward-looking statements may include comments as to Premiers beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premiers control. Type a symbol or company name. Additionally, the average PROG price target of $3.00 puts the upside potential at 34.5%. We are also in advanced discussions with multiple other government bodies and we hope to announce additional supply agreements soon. SAN DIEGO, March 28, 2022 (GLOBE NEWSWIRE) -- Progenity, Inc. (Nasdaq: PROG), an innovative biotechnology company, today provided a corporate update and reported financial results for the fourth quarter and full-year ended December 31, 2021. Without going into details, during the first quarter, the company completed its first study with an autonomous DDS prototype and successfully evaluated the capsule's safety, targeting, and tolerability in the GI tract for 12 normal healthy volunteers. Progenity is transitioning away from molecular testing operations to focus on the development of biotherapeutics. Its broad portfolio of oncology product candidates includes individualized and off-the-shelf mRNA-based therapies, innovative chimeric antigen receptor T cells, bi-specific checkpoint immuno-modulators, targeted cancer antibodies and small molecules. The post Progenity Stock May Not Be a Great Short-Squeeze Play, But It Has Potential appeared first on InvestorPlace. This press release features multimedia. As an informed investor, you dont have to try to second-guess what social media traders might or might not do. The deal cost Pfizer $650 million upfront, as Read More: Penny Stocks How to Profit Without Getting Scammed. Progenity expressly disclaims any obligation to update any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. According to Reuters, Pfizer has sold the vaccine to African countries at $3 to $10 a shot. When typing in this field, a list of search results will appear and be automatically updated as you type. These symbols will be available throughout the site during your session. For more information, please visit www.BioNTech.de. The company also improved its corporate governance profile with the appointment of its lead independent director, Jeffrey Alter, as Chairman of the Board of Directors. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=T&prnumber=102520213, https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TSLA&prnumber=102520213, https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=PFE&prnumber=102520213, https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=PROG&prnumber=102520213, https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=WATT&prnumber=102520213. ATS Farma Zoekopdracht uitbreiden. We made the early decision to begin clinical work and large-scale manufacturing at our own risk to ensure that product would be available immediately if our clinical trials prove successful and an Emergency Use Authorization is granted. In addition to engagements with governments, Pfizer and BioNTech have provided an expression of interest for possible supply to the COVAX Facility, a mechanism established by Gavi, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations (CEPI) and World Health Organization (WHO) that aims to provide governments with early access to a large portfolio of COVID-19 candidate vaccines using a range of technology platforms, produced by multiple manufacturers across the world. The early data demonstrates that BNT162b1 is able to produce neutralizing antibodies in humans at or above the levels observed in the plasma from patients who have recovered from COVID-19, and this was shown at relatively low dose levels. Thats definitely a red flag when the stock price is less than $4. Progenity's ingestible capsules have attracted the attention of Ionis Pharmaceuticals (IONS), with its novel antisense therapies designed to target mRNA in a highly specific manner. In the last few months we have completed the sale of our Avero affiliate, strengthened the focus of the company on our oral therapeutics programs and positioned the company to successfully deliver on its potential to impact the treatment of serious diseases, said Adi Mohanty, Chief Executive Officer of Progenity. As part of the deal, the financial details of which were not disclosed, Pfizer has the option of licensing the technology for up to ten vaccines or therapies. Progenity also has an ongoing clinical study focused on ulcerative colitis patients, and has published an article in Crohns and Colitis 360. Such risks, uncertainties, and other factors include, among others, our ability to innovate in the field of precision medicine, our ability to obtain and maintain regulatory approval or clearance of our products on expected timelines or at all, our plans to research, develop, and commercialize new products, the unpredictable relationship between preclinical study results and clinical study results, our expectations regarding future test volumes and revenues, our ability to raise sufficient capital to achieve our business objectives, the ongoing COVID-19 pandemic, and those risks described in Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in Progenitys Annual Report on Form 10-K for the year ended December 31, 2021 to be filed with the SEC and other subsequent documents, including Quarterly Reports, that we file with the SEC. Pfizer will pay Beam $300 million to develop treatments for rare genetic diseases of the liver, muscle and central nervous system as part of the four-year deal, rising by more than $1 billion pending various research, regulatory and commercial milestones. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Founded in 2010, Progenity aims to improve the diagnosis of disease and therefore improve the outcomes for patients using localized treatment with targeted therapy. Revolutionizing drug discovery. This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which statements are subject to substantial risks and uncertainties and are based on estimates and assumptions. As a result, there was a lot of volatility and the stock slid and is now at the $2.5 level. Is this happening to you frequently? With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. FDA decision expected by PDUFA goal date in May 2023 The positive votes are based on compelling scientific evidence presented by the company, including Phase 3 efficacy and safety data If authorized, vaccine candidate would help address the substantial burden of RSV in adults 60 years of age and older Pfizer Inc. (NYSE: PFE) announced Sep 2011 - Apr 20153 years 8 months. With those newly approved patents, Progenity now has a sizable GI-targeted therapeutics portfolio. Sylke Maas, Ph.D. RP has received consulting fees from Abbott, AbbVie, Alimentiv Amgen, Arena Pharmaceuticals, AstraZeneca, Biogen, Boehringer Ingelheim, Bristol-Myers Squibb, Celgene, Celltrion, Cosmos Pharmaceuticals, Eisai, Elan, Eli Lilly, Ferring, Galapagos, Fresenius Kabi, Genentech, Gilead Sciences, Glaxo-Smith Kline, JAMP Bio, Janssen, Merck, Mylan, Learn about specific ways our research is leading to medicines and vaccines that will benefit patients around the world. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. In this context, operating expenses (excluding stock-based compensation expenses) were $32.7 million in Q3, representing a $9 million favorable variance compared to the previous guidance. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as believes, belief, expects, estimates, intends, anticipates or plans to be uncertain and forward-looking. On the other hand, Progenity's test is designed to be run from a simple blood draw. Raw short interest in Progenity is up 185% in the last month and up 316% since the end of July. The company generated $7.7 million in revenues during the fourth quarter, out of which $7.2 million came from discontinued operations. Comparison of Full Year Ended December 31, 2021 and 2020. For a discussion of these and other risks and uncertainties, see BioNTechs Annual Report on Form 20-F filed with the SEC on March 31, 2020, which is available on the SECs website at www.sec.gov. P075 Urgency and its association with quality of life and clinical outcomes in ulcerative colitis patients. 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