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Enter Symbol:
 
BIODEL INC. (BIOD) [hlAlert]

Rating:
Outperform
BIOD
down 91.05 %

BIODEL INC. (BIOD) rated Outperform with price target $5 by Wedbush

Posted on: Friday,  Feb 4, 2011  8:25 AM ET by Wedbush

Wedbush rated Outperform BIODEL INC. (NASDAQ: BIOD) on 02/04/2011. Previously Wedbush rated Outperform BIODEL INC. (NASDAQ: BIOD) on 11/02/2010.,
when the stock price was $7.60. Since then, BIODEL INC. has lost 91.05% as of 12/18/2015's recent price of $0.68.
If you would have followed the previous Wedbush 's recommendation on BIOD, you would have lost 91.05% of your investment in 1872 days.

Biodel Inc. (Biodel) is a development-stage specialty pharmaceutical company located in Danbury, Connecticut. The Company is focused on the development and commercialization of treatments for endocrine disorders, such as diabetes and osteoporosis. The Company develops product candidates by applying its formulation technologies to existing drugs in order to improve their therapeutic results. The Company?s initial development efforts are focused on peptide hormones. The Company?s advanced product candidate, VIAject, has been studied in two pivotal Phase III clinical trials for the treatment of patients with Type 1 and Type 2 diabetes. Earlier stage product candidates include VIAtab, a sublingual tablet formulation of insulin and two preclinical product candidates for the treatment of osteoporosis. The Company has developed all of its product candidates utilizing its VIAdel technology that allows the Company to study the interaction between peptide hormones and small molecules.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2011 8:25 AM Buy
None
8.80 20.00
as of 12/30/2011
1 Week down  -4.68 %
1 Month down  -7.57 %
3 Months up  12.96 %
1 YTD down  -66.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2010 9:25 AM Buy
None
6.84 28.00
11/2/2010 8:25 AM Buy
None
7.60 40.00

(*) Stock Price at the time of the recommendation.
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