Mississauga, ON -- (SBWIRE) -- 03/21/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "MabVax Therapeutics Commences Phase I Trial of HuMab-5B1."
Companies mentioned in this article include iShares NASDAQ Biotechnology (ETF) (NASDAQ:IBB) and MabVax Therapeutics Holdings Inc. (OTCQB:MBVX).
After seeing a huge sell-off at the start of this year, the biotechnology sector is showing signs of a recovery. As sentiment on risk assets has improved in recent weeks, the biotech sector has once again found favor among investors.
The iShares NASDAQ Biotechnology (ETF) (NASDAQ:IBB) is up sharply in trading today. At last check, the ETF was up 2.38% to $257.32. While the ETF is still down almost 25% for the year, it has cut back some of its losses since the start of this month. In fact, for the month of March, the IBB is up 1.16%.
One Company making waves in the biotech sector today is MabVax Therapeutics Holdings Inc. (OTCQB:MBVX). Based in San Diego, California, MBVX is a clinical-stage oncology drug development company. The company is currently focusing on the development of vaccine and antibody-based products and vaccines to address unmet medical needs in the treatment of cancer.
The full version of this article can be found at:
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For more information on this press release visit: http://www.sbwire.com/press-releases/all-penny-stockscom-news-mabvax-therapeutics-commences-phase-i-trial-of-humab-5b1-674655.htmMedia Relations Contact