Yesterday Juniper came out with a forward view announcement:
NOTTINGHAM, England, June 23, 2015 /PRNewswire/ -- Juniper Pharma Services, a subsidiary of Juniper Pharmaceuticals, Inc. (JNP), has entered into a long-term collaboration with OxSonics Limited ("OxSonics") to support the development, scale-up, and GMP manufacturing of OxSonics' proprietary "sono-sensitive particles."
The collaboration will see the contract development and manufacturing organisation (CDMO) support the Oxford-based company develop these injectable particles, which when used in conjunction with new generation ultrasound devices, can be applied to a range of therapeutic applications including an oncological drug delivery platform called "SonoTran." SonoTran is designed to enhance the delivery of anti-cancer drugs deep into and throughout solid tumours.
Dr Colin Story, CEO, OxSonics said: "Our technology has the genuine potential to deliver a step-change in the performance of a range of solid tumor cancer drugs. Taking the development of our proprietary sono-sensitive particles from a lab-scale to a clinical trial scale and grade is core to our development program and this is why we are working with Juniper Pharma Services.
"OxSonics' main objective is to commercialise a range of medical devices including our SonoTran platform, which has the capability to overcome one of the greatest challenges facing solid tumour cancer therapy by delivering drugs throughout tumour volumes including to those areas that lie farthest from blood vessels.
"Given the innovative and novel nature of our ground-breaking technology, we need to work with a team of experts such as those at Juniper to develop and scale-up the manufacture of the technology. In addition, Juniper, on behalf of OxSonics, will manufacture the innovative technology for clinical studies."
With an established track record of helping specialty pharmaceutical companies and emerging biotechs develop new products and platforms, Juniper Pharma Services is able to mitigate risk and optimise formulation performance through its science-led approach to projects.
Dr Nikin Patel, President at Juniper Pharma Services said: "We are very pleased that OxSonics has chosen us as its long-term partner to help develop its pioneering platform. Dr Story and his team have done a fantastic job to date and we trust our experts will add significant value to the project with regards to meeting future milestones.
"This type of project using cutting-edge technology and requiring specialist formulation development is very much in our DNA and what we are known for in the market. The added benefit for OxSonics is that Juniper operates on a single site, single team basis with fully integrated processes from early development through to clinical so we always develop with clinical production in mind, which helps us to spot and correct any issues early and saves time and money in the long run."
Formerly known as Molecular Profiles, Juniper Pharma Services unveiled its new identity earlier this year to coincide with the rebranding of its Boston-based parent company, Juniper Pharmaceuticals, Inc.
The company has well-established GMP clinical manufacturing capabilities covering topical and oral dosage form products, including the supply of potent compounds and controlled drugs. Since 1997, the CDMO has built a strong reputation in materials characterisation, formulation analysis and IP consultancy.
That means with no news today driving this, there is insider activity or some big money boys decided to come in and park. This actually is a bit alarming because it really goes against my model.
So we are going to watch this stock and attempt to time the top. In looking at the chart, even this one is dangerous.
Now that I think of it, I am going to reverse my opinion mid entry on this one and here are the following reasons:
1.Stock is up today on no news. The news was yesterday. This shows insider activity which can be dangerous getting in without proper information
2. In the previous tops earlier this year, the stock was disobeying the carts and was chopping strangely ignoring technical rules.
Whenever I see a stock climbing for no reason, (as in nothing in the news) I smell a rat. Someone knows something big is coming and its usually people in the know on the trading room floor.
So that is that. I bet you never saw a post like this before on any other site, huh? I dont want to steer you wrong, and my mind was processing information even mid post.
So tommorrow we are going to see how NKE does, and perhaps we can dump some of those QQQ puts Ive been holding if the market drops further. As for GDOT, we are going to hold and see what shakes out.
Tradinginsider
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