Skip to main content

All Penny Stocks.com News: Aytu Bioscience Outlines Commercial Expansion Plans to Support Launch of New Drug

Mississauga, ON -- (SBWIRE) -- 05/18/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Aytu Bioscience Outlines Commercial Expansion Plans to Support Launch of New Drug."

Companies mentioned in this article include iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB), Gilead Sciences (NASDAQ:GILD), Biogen (NASDAQ:BIIB) and Aytu BioScience Inc. (OTCQX:AYTU).

Article Excerpt:

The biotechnology sector has bounced back sharply this week after struggling since the end of April. Indeed, the sector was headed into bear market territory before the reversal this week.

So far this week, the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) gained more than 3.3%. Year-to-date though, IBB still remains down more than 23%. This is one of the worst starts made by the sector in years.

The poor performance of the biotech sector can be attributed to weakening fundamentals. The latest earnings season saw some major biotech companies, including the likes of Gilead Sciences (NASDAQ:GILD) and Biogen (NASDAQ:BIIB) report disappointing results. Biotech companies have been also struggling to gain access to capital markets, with several IPOs being cancelled and the pace of secondary offerings also slowing down.

Aytu BioScience Inc. (OTCQX:AYTU) is a Colorado-based commercial-stage specialty pharmaceutical company focused on global commercialization of novel products in the field of urology. AYTU currently markets two products: ProstaScint® (capromab pendetide), the only FDA-approved imaging agent specific to prostate cancer, and Primsol® (trimethoprim hydrochloride), the only FDA-approved trimethoprim-only oral solution for urinary tract infections. The company recently acquired exclusive U.S. rights to Natesto®, the first and only FDA-approved nasal formulation of testosterone for men with hypogonadism. This morning the company provided an update on Natesto's commercial launch.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/640/aytu-bioscience-outlines-commercial-expansion-plans-to-support-launch-of-new-drug.htm

About AllPennyStocks.com
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.

AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.

Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.

Contact:

AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com

Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.

For more information on this press release visit: http://www.sbwire.com/press-releases/all-penny-stockscom-news-aytu-bioscience-outlines-commercial-expansion-plans-to-support-launch-of-new-drug-690562.htm

Media Relations Contact

Peter Szafranski
Telephone: 905-361-5680
Email: Click to Email Peter Szafranski
Web: http://www.allpennystocks.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.