Driving the boom until now have been blockbuster initial public offerings and multibillion-dollar market valuations for biotech companies that don't yet have a single product for sale. Spark Therapeutics Inc., for example, has one therapy in late-stage Jupiter-based biotech firm Dyadic International raised $2 million for research and development, the company announced Monday. Dyadic (OTCQX: DYAI) develops enzymes and other proteins for the energy, chemical and pharmaceutical industries. Its C1 technology PORT ST. LUCIE, Fla. - Could taxpayers in Port St. Lucie be on the hook for millions of dollars? That's the concern after an announcement Wednesday by a large biotech company. The Vaccine & Gene Therapy Institute of Florida says it's having financial problems. SILVER SPRING, Md., March 9, 2015 (GLOBE NEWSWIRE) -- PharmaCyte Biotech, Inc. (OTCQB: PMCB), a clinical stage biotechnology company focused on developing targeted treatments for cancer and diabetes using its signature live-cell encapsulation technology Acadia Therapeutics, a mid-cap biotech stock, raised eyebrows and sparked suspicion “no shows” for two recent “investors day” events. On March 3, Cowen & Company had booked an Acadia rep to appear for a conference. Apparently, someone Shares of Watertown biotech Tetraphase Pharmaceuticals Inc. fell Wednesday after the company disclosed plans to sell 3.5 million shares in a public stock offering. The clinical-stage company, a developer of antibiotics, would raise about $118 million with .
The U.S. market for legal cannabis is booming, bringing in $2.7 billion last year, according to The ArcView Group. That figure is a 74% jump from 2013. AXIM Biotechnologies, a biotech company specializing in cannabinoid research and commercial hemp On Friday, the price of XOMA stock declined $0.09 (or -2.33%) to $3.57 per share. XOMA is a late-stage biotechnology company with a diverse portfolio of innovative therapeutic antibodies. It has recently included the City of Redding, CA ( www.redding.crwe LOS ANGELES--(BUSINESS WIRE)--Puma Biotechnology, Inc. (NYSE: PBYI), a development stage biopharmaceutical company, announced the initiation of a Phase II trial of Puma's investigational drug PB272 (neratinib) for the extended adjuvant treatment of breast Below are the three companies in the Biotechnology industry with the lowest price to sales per share ratios. Often companies with the lowest ratio present the greatest value to investors. PDL BioPharma (NASDAQ:PDLI) is lowest with a price to sales ratio of .
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