Month: June 2020

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Trading Ideas

Can You Invest in Dexamethasone Stock?

June 17, 2020 admin Comments Off on Can You Invest in Dexamethasone Stock?

Are you one of thousands of investors trying to learn how to invest in dexamethasone stock after the recent COVID-19 breakthrough? If so, you have come to the right place. According to a recent study in the United Kingdom, this generic steroid may be saving lives.
The study was conducted by the University of Oxford to test a range of potential treatments. With over 2,000 patients enrolled and tested, dexamethasone has shown sufficient and encouraging results.

Why Invest in Dexamethasone Stock?
There aren’t many companies that produce dexamethasone. But, it’s important to breakdown the study before going any further. This will help you …read more […]

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Chembio Sinks 59% In Pre-Market As FDA Revokes Its Covid-19 Test; Top Analyst Cuts Rating

June 17, 2020 admin Comments Off on Chembio Sinks 59% In Pre-Market As FDA Revokes Its Covid-19 Test; Top Analyst Cuts Rating

Shares in Chembio Diagnostics (CEMI) sank 59% after the U.S. Food and Drug Administration revoked the Emergency Use Authorization (EUA) of its DPP (Dual Path Platform) COVID-19 serology test.The stock plunged to $4.10 in pre-market trading after the FDA said that there were performance concerns with the accuracy of Chembio’s SARS-CoV-2 antibody test. The U.S. regulator added that it made the decision to revoke the EUA authorization for the serology test as “benefits no longer outweigh its risks”.“This test generates a higher than expected rate of false results and higher than that reflected in the authorized labeling for the device,” …read more […]