How These Biotech Stocks are Faring? -- Pluristem Therapeutics, BioLine Rx, GenVec, and Diffusion Pharma

Friday, April 28, 2017 Drug News
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NEW YORK, April 28, 2017 /PRNewswire/ -- today explores the Biotech space, which broadly segments

into the medical and agricultural markets. Although enterprising biotechnology is also being applied to other exciting areas, like industrial production of chemicals and bioremediation, the use in these areas is still specialized and limited. Under assessment
this morning are: Pluristem Therapeutics Inc. (NASDAQ: PSTI), BioLine Rx Ltd (NASDAQ: BLRX), GenVec Inc. (NASDAQ: GNVC), and Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN). Register now and get full and free access to our downloadable research reports on these stocks at:

Pluristem Therapeutics  

On Thursday, shares in Haifa, Israel-based Pluristem Therapeutics Inc. recorded a trading volume of 161,213 shares. The stock ended at $1.45, up 0.69% from the last trading session. The Company's shares have gained 21.85% in the last one month, 29.46% over the previous three months, and 1.40% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 15.02% and 0.48%, respectively. Furthermore, shares of Pluristem Therapeutics, which through its subsidiary, Pluristem Ltd., operates as a bio-therapeutics company in Israel, have a Relative Strength Index (RSI) of 61.89.

On April 19th, 2017, Pluristem Therapeutics announced that it was issued its 100th patent - an important milestone attesting to the significant accomplishments of the Company's scientists and engineers, as well as its enduring commitment to innovative research and development. The Company's 100 approved patents and over 110 pending patent applications cover over 30 different innovations. Access our complete research report on PSTI for free at:

BioLine Rx  

Jerusalem, Israel headquartered BioLine Rx Ltd's stock finished yesterday's session 0.29% lower at $0.87 with a total trading volume of 294,575 shares. The Company's shares are trading below their 200-day moving average by 12.62%. Shares of the Company, which engages in identifying, in-licensing, and developing therapeutic candidates that address unmet medical needs, have an RSI of 36.11.

On April 05th, 2017, BioLine Rx announced that the Company has closed its previously announced underwritten public offering of approximately 33.8 million American Depositary Shares ("ADS"), each representing one of its ordinary shares, at a public offering price of $0.85 per ADS, for gross proceeds of $28.75 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The complimentary research report on BLRX can be downloaded at:


At the close of trading on Thursday, shares in Gaithersburg, Maryland-based GenVec Inc. climbed 0.62%, ending the day at $6.45. The stock recorded a trading volume of 45,633 shares, which was above its three months average volume of 43,800 shares. The Company's shares have advanced 3.86% in the last one month, 1.10% in the previous three months, and 100.93% since the start of this year. The stock is trading 0.54% and 23.67% above its 50-day and 200-day moving averages, respectively. Moreover, shares of GenVec, which focuses on developing a pipeline of therapeutics and vaccines through its proprietary AdenoVerse gene delivery platform in the US, have an RSI of 56.61. Register for free on and get access to the latest PDF format report on GNVC at:

Diffusion Pharma  

Charlottesville, Virginia headquartered Diffusion Pharmaceuticals Inc.'s shares ended the day 2.33% lower at $2.94 with a total trading volume of 22,508 shares. The stock has gained 30.09% on an YTD basis. The Company's shares are trading 8.87% below their 50-day moving average. Additionally, shares of Diffusion Pharma, which focuses on developing products for ophthalmology, oncology, and dermatology, have an RSI of 46.34.

On April 04th, 2017, Diffusion Pharma announced that a key patent has been issued by the US Patent and Trademark Office on March 28th, 2017 for its lead drug candidate trans sodium crocetinate (TSC). The patent, entitled "Bipolar Trans Carotenoid Salts and Their Uses," expands coverage of the therapeutic use of TSC and other related compounds to five hypoxia-related conditions including congestive heart failure, chronic renal failure, acute lung injury, chronic obstructive pulmonary disease, and respiratory distress syndrome.  Download your free research report on DFFN at:


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