Hemispherx Biopharma Could Become a Nice Rebound Story - trackseekingalpha

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Hemispherx Biopharma Could Become a Nice Rebound Story
Nov 05, 2009 12:41 PM UTC

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Via Long Investment Ideas from Seeking Alpha:

Shares of Hemispherx Biopharma, Inc. (HEB) rebounded slightly on Wednesday morning after sliding down to near the one dollar mark on Tuesday after it was announced that the company would spend the next two months responding to FDA queries regarding the company's New Drug Application for Ampligen. Ampligen is up for approval as a treatment for Chronic Fatigue Syndrome.

While Ampligen draws the news for Hemispherx at this time, the company also has already received FDA approval for Alferon, an injection that treats a category of sexually transmitted diseases.

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