Double Digit NASDAQ Stock Winners: BMRA, AVIR, VEV
8:17 am Monday, October 04th, 2021
Following are major stock gainers on Nasdaq in Friday’s trading session:
Biomerica, Inc. (NASDAQ:BMRA) was the active stock gainer on Friday and soared 38% to $6.21. A news release from Biomerica reveals that its EZ Detect colon disease screening test is going to be available for purchase at Walmart. This is an at-home test that allows users to detect hidden blood in their stool. This can be an early sign of colorectal diseases such as colon and rectal cancers.
That’s worth noting as colorectal cancer is the second most common cause of cancer death in the U.S. An estimated 147,950 were diagnosed with it in 2020 with an estimated 53,200 would die from it. The first shipment of EZ Detect has been sent out to Walmart. The two companies are still finalizing the last bits of the deal so they can show up on store shelves. To go along with that, Biomerica is working to release the product in Asia, Europe, and the Middle East.
Atea Pharmaceuticals, Inc. (NASDAQ:AVIR) stock surged 20% to $42.01. Atea Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focused on discovering, developing, and commercializing antiviral therapeutics for patients suffering from viral infections. Its lead product candidate is AT-527, a novel antiviral agent that is in Phase II clinical trial for the treatment of patients with COVID-19. The company also develops AT-752, an oral purine nucleoside prodrug product candidate, which has completed Phase Ia clinical trial for the treatment of dengue; AT-787, a co-formulated, oral, pan-genotypic fixed dose combination of AT-527 and AT-777 that is in Phase I/IIa clinical trial for the treatment of chronic hepatitis C; and AT-889, an investigational, second-generation nucleoside pyrimidine prodrug and other compounds for the treatment of respiratory syncytial virus. It has a Roche License Agreement with F. Hoffmann-La Roche Ltd and Genentech, Inc. for development and commercialization related to AT-527 outside of the United States. The company was incorporated in 2012 and is headquartered in Boston, Massachusetts.
Vicinity Motor Corp. (NASDAQ:VEV) moved up 19% to $5.90. Vicinity Motor Corp. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada.
