Coronavirus Penny Stocks #5: AIM Immunotech (AIM)
Rounding out this list of coronavirus stocks is AIM Immunotech (AIM – Free Report). The company was caught up in the coronavirus hype this week as investors scoured for more opportunities. It almost had the same feel as the bitcoin boom did during its early boom phase. Despite this as the case, AIM develops drugs for debilitating disorders.
Similar to Oncolytics, AIM’s pipeline focuses on cancer treatments. However, it does have a current product designed to treat certain viral infections. Its Alferon N Injection treats certain STDs and is approved for sale in the U.S. for certain patients.
According to the company, it will seek FDA pre-approval inspection of an upgraded manufacturing process to allow commercial viability as well. Despite this excitement, shares closed down on January 24. Will the new interest in coronavirus help give this penny stock a boost during the weeks to come?
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