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EmergingGrowth.com Comments on Spectrum Pharmaceuticals (NASDAQ: SPPI)
Category: Investment
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Miami, FL - November 14, 2012 (www.investorideas.com newswire) EmergingGrowth.com, a leading digital financial media company, announces its focus on Spectrum Pharmaceuticals (NASDAQ: SPPI).
If you're looking for a glamorous, even sexy investment that all of your friends will swoon with envy over, Spectrum Pharmaceuticals (NASDAQ: SPPI) is not for you. I suggest Apple (NASDAQ: AAPL) if you're into sexy.
I suggest Spectrum if you're into really cool emerging growth companies that are all about cutting edge oncology drug development and research. Spectrum is an innovative American biopharmaceutical company headquartered in Irvine California. Currently, the company has three marketed oncology drugs. One is for advanced metastatic colorectal cancer and two are for different types of non-Hodgkin's lymphoma. The company also has two cancer drugs in late-stage development and a highly diversified portfolio of proprietary oncology medications in various stages of growth. I find that sexy, but then, I admittedly have geek-like tendencies.
What I also find alluring about this biotech company is that total revenue for the third quarter was up at $69 million, topping analyst estimates of $65.5 million. The company actually posted a 35% increase in revenues quarter over quarter. Spectrum also beat… See more on http://www.EmergingGrowth.com
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