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Enter Symbol:

Hold PIP
down 67.43 %

PHARMATHENE INC (PIP) downgraded to Hold with price target $2 by WBB Securities

Posted on: Monday,  Nov 28, 2011  8:25 AM ET by WBB Securities

WBB Securities rated Hold PHARMATHENE INC (AMEX: PIP) on 11/28/2011. Previously WBB Securities rated Strong Buy PHARMATHENE INC (AMEX: PIP) on
11/29/2010., when the stock price was $3.90. Since then, PHARMATHENE INC has lost 67.44% as of 11/28/2011's recent price of $1.27.
If you would have followed the previous WBB Securities's recommendation on PIP, you would have lost 67.43% of your investment in 364 days.

PharmAthene, Inc. (PharmAthene), formerly Healthcare Acquisition Corp., is a biodefense company engaged in the development and commercialization of medical countermeasures against biological and chemical weapons. The Company has five product candidates in various stages of development, which include SparVax, Valortim, Protexia, RypVax and a third generation recombinant protective antigen (rPA) anthrax vaccine. SparVax is a second generation rPA anthrax vaccine. Valortim is a fully human monoclonal antibody for the prevention and treatment of anthrax infection. Protexia mimics a natural bioscavenger for the treatment or prevention of nerve agent poisoning by organophosphate compounds, including nerve gases and pesticides. RypVax is a recombinant dual antigen vaccine for pneumonic and bubonic plague. On April 2, 2008, the Company acquired Avecia?s biodefense vaccines business from Avecia Biologics Limited and certain of its affiliates.

Research from WBB Securities provides investment professionals with up-to-date, in-depth, accurate and insightful reporting of companies that specialize in biotechnology, medical devices and healthcare. Our goal is to provide independent, straight-forward and up-to-date research so you can make educated decisions about your investments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/28/2011 8:25 AM Hold
1.27 2.00
as of 12/30/2011
1 Week   
1 Month   
3 Months down  -27.84 %
1 YTD down  -69.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/29/2010 9:25 AM Buy
3.90 8.50
10/18/2010 9:25 AM Buy
3.68 6.00
7/23/2010 9:25 AM Buy
1.50 3.50

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