SAN FRANCISCO, CA--(Marketwired - June 23, 2016) - Maxim Analyst Jason McCarthy sees nothing but blue sky for Stellar Biotechnologies Inc., even though its product originated in the deep blue sea. With blockbuster indications like cancer, lupus and Alzheimer's disease being targeted by partners, and a manufacturing process sure to satisfy regulators, McCarthy lays out a value proposition for Stellar's KLH that investors should not ignore.
Included in this interview is: Stellar Biotechnologies Inc. (NASDAQ: SBOT)
The Life Sciences Report: You cover Stellar Biotechnologies Inc. with a target price of $17/share, which represents more than a fourfold increase over the stock's current valuation, at ~$3.50/share. What's the value proposition you see here?
Jason McCarthy: Given the current bear market -- the correction we've seen over the last six months in the biotech markets -- we believe the stock is artificially depressed, like most of biotech right now. The stock was closer to $7-8/share not long ago.
Continue reading this interview: Partnerships Propel Stellar Biotechnologies' Vaccine Technology
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Dr. Jason McCarthy: I own, or my family owns, shares of the following companies mentioned in this interview: None. I personally am, or my family is, paid by the following companies mentioned in this interview: None. My company has a financial relationship with the following companies mentioned in this interview: None. I was not paid by Streetwise Reports for participating in this interview. Comments and opinions expressed are my own comments and opinions. I had the opportunity to review the interview for accuracy as of the date of the interview and am responsible for the content of the interview.
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