SOURCE: The Bedford Report

The Bedford Report

June 30, 2011 08:16 ET

Pain Therapeutics and Neoprobe Present Promising Pipelines

The Bedford Report Provides Stock Research on Pain Therapeutics & Neoprobe Corporation

NEW YORK, NY--(Marketwire - Jun 30, 2011) - There is plenty of optimism surrounding the biotech sector as firmer pricing and new products have improved sales and earnings trends. Meanwhile, younger, more speculative firms continue to garner significant attention with potential blockbuster products working their way through the regulatory process. The Bedford Report examines the outlook for companies in the biotechnology industry and provides equity research on Pain Therapeutics, Inc. (NASDAQ: PTIE) and Neoprobe Corporation (NASDAQ: NEOP). Access to the full company reports can be found at:

The importance of maintaining a steady pipeline of drugs to market is having varied effects on the biotechnology industry. Larger firms are leaning on acquisitions to quickly expand their product lines while smaller ones are opting for increased spending on research and development. This creates two potential avenues of profit for speculative biotech investors: a greater chance of a blockbuster drug or being acquired by a larger firm eager to boost its pipeline.

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Pain Therapeutics presently has four candidates in clinical programs. Earlier this week the company said that the US Food and Drugs Administration pointed out inconsistency issues related to in vitro testing of the investigational painkiller "remoxy" while rejecting the new drug application. Remoxy has been considered a possible competitor to OxyContin, which had annual sales of about $3 billion before generic forms of the drug came to market.

Neoprobe is a biomedical company focused on enhancing oncology patient care and improving patient benefit. Neoprobe currently markets the neoprobe GDS line of gamma detection systems that are widely used by cancer surgeons.

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