Progenity (PROG) situation

Progenity Inc is a biotechnology company. It is engaged in developing and commercializing molecular testing products as well as innovating in the field of precision medicine. Revenue source is from Innatal, Preparent, and pathology molecular testing.
Recently announced $40 Million Private Placement (8-k)
Launches strategic transformation by eliminating costs of Progenity Genetics Lab and focusing on robust, innovative R&D pipeline.
With focuses on:
--> Cost-Focus
--> New opportunities and innovation
--> Continued development of GI-targeted therapeutics and oral biopharmaceuticals delivery system (OBDS)
A variety of "Analysts" state that PROG is either a buy or hold as they expect increases in revenue and EPS
Insider (Athyrium) buying since the 3rd around $47 millions dollars
A new fraud case has been opened against Officers and Directors of Progenity for over billing the US government by 10.3 million dollars
Recently announced $40 Million Private Placement (8-k)
Launches strategic transformation by eliminating costs of Progenity Genetics Lab and focusing on robust, innovative R&D pipeline.
With focuses on:
--> Cost-Focus
--> New opportunities and innovation
--> Continued development of GI-targeted therapeutics and oral biopharmaceuticals delivery system (OBDS)
A variety of "Analysts" state that PROG is either a buy or hold as they expect increases in revenue and EPS
Insider (Athyrium) buying since the 3rd around $47 millions dollars
A new fraud case has been opened against Officers and Directors of Progenity for over billing the US government by 10.3 million dollars
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.