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5 Penny Stocks To Watch If You’re Concerned About Coronavirus

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Coronavirus Penny Stocks #3: Aethlon Medical, Inc. (AEMD)

Next on this list of coronavirus stocks, Aethlon Medical (AEMD – Free Report) has been a hot topic on this site. However, the recent hype has everything to do with the coronavirus. The company prides itself on addressing unmet global health needs. Its clinical-stage device called Hemopurifier combats things like cancer as well as viral infections.

As an FDA designated “Breakthrough Device” preclinical studies have validated applications to a broad spectrum of viral threats. Specific to a pandemic threat like variations of the flu, the Hemopurifier has captured H5N1 avian flu and H1N1 swine flu. Needless to say, not much has been announced by the company besides a few multi-million dollar capital raises.

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Some of the net proceeds from these offerings were designated for the currently planned clinical trials for the Hemopurifier®. Whether or not that translates into an immediate solution for the coronavirus epidemic is still to be seen. Shares of AEMD closed down 7% on January 24.

By J. Samuel

As a trader and expert finance writer, I enjoy finding new and emerging trends that may have been overlooked by the average masses. If there's one thing that a trader or investor wants to know, it's how to use valuable data to their advantage. My expertise is in uncovering this data and compiling it into actionable information. As a professional finance writer, I've contributed to many of the top finance platforms and pride myself on researching factual, publicly available information and using that in all of my articles.

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