Analysts rate US firm Znomics as a "speculative buy" with $4 price target

21 September 2008

Independent firm Beacon Equity Research's analyst Victor Sula has issued a report that rates US biotechnology company Znomics as a "Speculative Buy" and giving it a $4.00 price target.

Znomics is a biotechnology company leveraging its proprietary Zebrafish genetic technology platform using medicinal chemistry and in vivo compound screening for the development of advanced preclinical drugs to treat obesity, cancer and inflammation. The firm believes Zebrafish models are ideal for drug discovery since the fish mature quickly, are highly fertile and share around 80% to 90% of the genes found in humans.

Zebrafish platforms give higher throughput

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