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Micro-Cap on Watch; A.P. Pharma Inc. (APPA)

By Warren Paige

Shares of A.P. Pharma Inc. (OTC: APPA), a specialty pharmaceutical company engaged in the development of pharmaceutical products using its Biochronomer polymer-based drug delivery technology, are up sharply in trading currently.

At last check, APPA shares were trading 6.20% higher at $0.685 on above average volume of 183,678. The stock gained 16.52% in the last three trading sessions.

A.P. Pharma recently announced that an abstract examining a subset of efficacy results from its Phase 3 trial of APF 530 has been published in conjunction with the American Society of Clinical Oncology’s (ASCO) 2012 Annual Meeting. APF530, which is A.P. Pharma’s lead product candidate, is being developed for the prevention of acute-and delayed-onset chemotherapy-induced nausea and vomiting (CINV).

 

June 7th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.