Investorideas.com  big ideas for global investors Search www.investorideas.com
   Member Access       Sign-up       Listings        Stock Directories       Research       Cleantech       Headlines        Video       New Ventures   




FluoroPharma Medical, Inc. (FPMI) Research Update Released

Ideas get bigger when you share them...

New York, NY - April 1, 2014 (Investorideas.com Newswire) Taglich Brothers released an updated research report on FluoroPharma Medical, Inc. (FPMI) and reiterated a Speculative Buy rating with a 12-month price target of $1.20 per share. The report noted the following key investment considerations:

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner
  • FPMI is developing radiopharmaceuticals that can potentially enhance the utility of positron emission tomography (PET) imaging scans in detecting and evaluating coronary artery disease. An estimated 16 million Americans have coronary artery disease, a figure that could increase to 20.5 million by 2025 and 27 million by 2050.
  • Between 1982 and 2006, cardiac nuclear scans increased to 10.3 million from 950,000, outpacing by far the increase in total nuclear diagnostic examinations. By 2020 US nuclear cardiac scans could increase to 13.5 million.
  • FluoroPharma's lead drug candidates, BFPET™ and CardioPET™ are now in phase II trials. VasoPET™, still in preclinical development, aims to detect coronary artery plaque that is liable to break loose, potentially causing a heart attack or stroke. FPMI aims to secure US regulatory approval of BFPET and CardioPET by 2016.
  • In 2013 the company lost ($0.28) per share, excluding an unrealized loss on securities and a gain on warrant revaluation. We project losses of ($0.44) and ($0.36) per share in 2014 and 2015, respectively.
  • In 4Q13 FPMI lost ($0.08) per share, excluding an unrealized loss on securities and a loss on warrant revaluation. We projected a ($0.05) per share loss. In 4Q12, the company lost ($0.06) per share).
  • Long-term revenue potential is substantial. But two to three more years of clinical trials and regulatory review will be costly. Losses through 2015 will be heavy and cash burn will have to be offset with an estimated $31 million in additional financing.

Additional FluoroPharma Medical, Inc. research information and the latest reports can be viewed at http://www.taglichbrothers.com.

Company Description:

FluoroPharma Medical, Inc.(FPMI: OTC BB), headquartered in Montclair, New Jersey, is a development stage enterprise founded in 2003 to develop pharmaceuticals based on technology licensed exclusively from Massachusetts General Hospital.

FPMI is focused on the development of radiopharmaceuticals used in positron emission tomography (PET) imaging scans that can more effectively detect and evaluate acute and chronic forms of coronary artery disease (CAD). Nuclear imaging scans are more effective diagnostic tools, as they can show changes in the function of an organ indicating disease or its progression more efficiently than the static images produced by conventional imaging modalities.

FluoroPharma Medical currently has three drug candidates. BFPET™ detects damaged tissue by measuring blood flow through the heart. CardioPET™ detects damaged heart tissue in CAD or suspected CAD patients unable to undergo conventional (exercise) stress tests. CardioPET is also useful in cardiac viability assessment (CVA) of patients prior to or after revascularization. BFPET and CardioPET are now in phase II trials. VasoPET™, still in preclinical development, aims to detect coronary artery plaque that is liable to break loose and lead to formation of clots that cause oxygen deprivation in the heart muscle, potentially causing a heart attack or stroke.

Taglich Brothers:

Taglich Brothers, Inc. is full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

The Taglich Brothers' Equity Research department is dedicated to providing research reports that are informative, insightful and illuminating. Reports are designed to distill volumes of investment information into a concise, straightforward format so that busy professional investors can make informed investment decisions.

Disclaimer:

The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statements are the opinion of Taglich Brothers, Inc. and are not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in the reports are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned and was not a manager or co-manager of any offering for the company within the last three years. All research issued by Taglich Brothers, Inc. is based on public information. In March 2013 the company paid an initial monetary engagement fee of US$4,500 to Taglich Brothers, Inc. representing payment for the first three months of creation and dissemination of research reports, after which the company will pay Taglich Brothers, Inc. a monetary fee of US$1,500 per month for a minimum of three more months for such services.

Contact

Richard Oh
Email: press@taglichbrothers.com

More Info:

This news is published on the Investorideas.com Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Investorideas.com Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



Free News Alerts
Email:  

Read more News





TOP

Investor Ideas © 2000 - 2014 InvestorIdeas.com®, ECON

Free Investor Stock Alerts
Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |