(OVIT.OB) OncoVista Issued $16 Price Target From Status Equity Research
21 Agosto 2008 - 3:57PM
Marketwired
OncoVista Innovative Therapies, Inc. (OTCBB: OVIT) is a
biopharmaceutical company engaged in the development and
commercialization of targeted cancer therapies and diagnostics.
According to the Status Equity Research report published August
12, 2008, the world market for in vitro diagnostic (IVD) tests for
cancer is growing at 11% annually and could reach $8 billion by the
end of 2012.
Status concludes that a successful market launch and penetration
of OVIT's AdnaTest, can yield $80 million in first year, post
launch sales in the U.S. in 2010.
The research report can be accessed at STATUS EQUITY RESEARCH
REPORT -- OVIT
Other active stocks are Johnson & Johnson (NYSE: JNJ);
Novartis AG (NYSE: NVS); Sanofi-Aventis (NYSE: SNY).
For More Information on OncoVista Innovative Therapies, Inc.
please visit: www.oncovista.com.
For More Information on Status Equity Research please visit:
www.statusequity.com.
About Status Equity Research
Status Equity Research is a monthly publication committed to
providing coverage on unique emerging growth companies that can
become sector leaders in the U.S. equity markets.
About OncoVista, Inc.
OncoVista is a biopharmaceutical company engaged in the
development and commercialization of targeted cancer therapies both
through the acquisition of rights to technologies and drugs from
others and through the development of proprietary products.
OncoVista focuses on candidates that have been previously tested in
human clinical trials or animal models, as well as technologies
that may improve the delivery or targeting of previously tested,
and in some cases marketed, anticancer agents.
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use of this report. This report is for information purposes only,
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but not limited to, statements concerning manufacturing, marketing,
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Contact: WB Company: IONEWSWIRE.COM Phone: 1(516) 942-4910
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