Actionable news
All posts from Actionable news
Actionable news in INO: Inovio Pharmaceuticals, Inc.,

Several Recent Developments Have Zika-Related Stocks Rallying Over Last Few Days

Several Recent Developments Have Zika-Related Stocks Rallying Over Last Few Days - Cerus Corporation NASDAQ:CERS, Inovio Pharmaceuticals, Inc. AMEX:INO

There are at least two stocks -- Intrexon Corporation XON 8.09% and Inovio Pharmaceuticals, Inc. INO 5.47% -- that continued to get more attention from investors. That's because these stocks and Cerus Corporation CERS 1.08% shares are likely to gain from the Zika Virus.

The threat of Zika virus is spreading. Most recently, Miami called on the Centers for Disease Control and Prevention to send them an emergency response team to help their investigation of the local cases. The outbreak has led to 10 more local cases in the region.

The CDC also an advisory note advising women not to travel to the area. CDC also advised women to wait for a minimum of eight weeks before trying for a pregnancy.

The disease has been spread mostly by infected mosquitoes.

Last week, Inovia revealed the closing of the first subject in its first stage study to assess Zika DNA vaccine. The interest for the stock has grown since after the phase I, open-label, dose-ranging trial of 40 healthy adult volunteers was assessing the safety, tolerability and immunogenicity of GLS-5700 administered with the CELLECTRA®-3P device.

In the last six trading sessions, Inovio moved up by 13.9 percent, while Intrexon shares surged 14.1 percent. Similarly Cerus advanced 13.1 percent in the last six trading sessions.

© 2016 Benzinga does not provide investment advice. All rights reserved.