Geometry Dash APK Hill Climb Racing APK
71 F
New York
Sunday, September 26, 2021

Geovax Labs (OTCMKTS:GOVX) Continues to Gain Momentum on Coronavirus Buzz

Must read

Green Thumb Industries Inc (OTCMKTS:GTBIF) Trades Near All-Time High: What Next?

After having been in the dumps for more than a year, the cannabis sector has managed to make a remarkable comeback. Investors...

VIVO Cannabis Inc (OTCMKTS:VVCIF) Stock Turns Volatile: Uptrend in Jeopardy

Anyone watching the market knows the cannabis sector has been booming again. Since the start of the year, the cannabis sector has...

Auxly Cannabis Group Inc (OTCMKTS:CBWTF) Attempts To Recover After The Recent Move

Among the many sectors that have made a comeback in the stock markets this year, the comeback made by the cannabis sector...

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) Looks RAD: Extends Rally

The artificial intelligence space has grown at a highly impressive rate over the past few years and nowadays, investors are increasingly looking...

One of the stocks that have been gaining momentum at an impressive rate over the past month or so is that of Geovax Labs Inc (OTCMKTS:GOVX). The biotech company has gained considerably over the course of this period due to its coronavirus development program.

Coronavirus Development Program

Since the end of February, the GeoVax stock has gained as much as 110%, and earlier on in March, the company provided an update with regards to the program. The update was provided by the company’s Chief Scientific Officer Farshad Guirakhoo at a presentation on emerging infectious diseases at the World Immunotherapy Congress. The event was held in San Diego.

At the event in question, Guirakhoo stated that GeoVax had designed a number of vaccines during the course of the program so far, and eventually, the company is going to narrow it down through animal testing. He went on to add that the company is also trying to improve the development process so that it can speed up the process significantly.

The company had actually made the announcement back in January when the coronavirus epidemic had not actually spread to the rest of the world. At the time, GeoVax had stated that it is going to use its proprietary MVA-VLP platform in order to create the product.

The company added that the platform is going to be used for design and for constructing the genetic sequence of the vaccine. However, the crisis has now spread worldwide, and it is wreaking havoc in many nations across the world.

In such a situation, companies that are involved in developing coronavirus vaccines are seeing significant rallies in their stocks. Hence, it would not be surprising if there is more interest in the GeoVax stock in the coming days. The company is looking to start clinical development of its vaccine candidate ‘in a timely manner,’ and it remains to be seen how fast it can progress. Sign-up for continuing coverage on shares of $GOVX stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $GOVX, either long or short, and we have not been compensated for this article.

Latest article

88 Energy Ltd (OTCMKTS:EEENF) Stock Surges 40% But Can’t Hold Gains

The oil and gas company 88 Energy Ltd (OTCMKTS:EEENF) seems to have come back on to the radars of investors over the...

Net Savings Link Inc (OTCMKTS:NSAV) Stock is Getting Pummeled Again

Nowadays there are plenty of options for investors when it comes to making investments in the cryptocurrency and...

Net Savings Link Inc (OTCMKTS:NSAV) Goes Parabolic Ahead of Important Event

As far as cryptocurrency and blockchain companies are concerned, there are many options nowadays for investors to explore.

Dark Pulse Inc (OTCMKTS:DPLS) Stock Moves in a Range After The Big Rally

The laser sensing system company Dark Pulse Inc (OTCMKTS:DPLS) has emerged as one of the major gainers over the course of the...

Halberd Corporation (OTCMKTS:HALB) Stock Doubles After ‘Proof of Concept’ News

Investors are always on the lookout for stocks which managed to record handsome gains over a short of period of time and...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service