Hot Penny Stock Viropro Skyrockets 2,600% on Impressive Volume

Hot Penny Stock Viropro Skyrockets 2,600% on Impressive Volume ; Letter of Agreement (LOA) with Spectrum Pharmaceuticals Inc. The agreement relates Hot Penny Stock Viropro Skyrockets 2,600% on Impressive VolumeShares of Viropro Inc. (PINK: VPRO) are seeing a huge rally in today’s trading. The penny stock reached a 52-week high of $0.14 in mid-day trading, and at last check, it was up 2,600% higher at $0.135, with volume of 58,287,928. The penny stock has a 52-week range of $0.00-$0.14. It is currently trading above its 50-day and 200-day moving averages.

The penny stock of Viropro is soaring after the company today signed a binding Letter of Agreement (LOA) with Spectrum Pharmaceuticals Inc. The agreement relates Hot Penny Stock Viropro Skyrockets 2,600% on Impressive Volume ; to the development and clinical production of biosimilar version of Rituximab monoclonal antibody currently utilized in the treatment of non-Hodgkin’s lymphoma, chronic lymphocyic leukemia and rheumatoid arthritis. As per the LOA, Spectrum will also license the rights to some of the technology that will be employed in the development of the Rituximab biosimilar.

Commenting on the LOA, Dr. Rajiv Datar, president and CEO of Viropro, said that the company is extremely pleased to announce the signing of the LOA. Datar said that the LOA reaffirms the quality of the company’s research and proprietary technology and that it is an important breakthrough for the company in the North American market.

Viropro is an Irvine, California-based company, conducting its operations through its subsidiaries Viropro International and Biologics Process Development. The company’s primarily goal is to make biotech drugs for its clients, efficiently and economically. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post: