Inovio Biomedical Corp. (AMEX:INO)
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A biomedical company which deals in developing human applications of electroporation, which uses brief, controlled electrical pulses to increase cellular uptake of a useful biopharmaceuticals.
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Pure speculation play. If any one of their present immunization products works out, the company will flourish and a major impact will come about for whichever disease is effected.
INO announced today that animal studies of their influenza vaccine show broad protective response including all strains seen in the past ten years. Human studies are in progress and, if they confirm these data, INO expects to have a vaccine for more extensive testing in 2013. That explains today's jump. If the vaccine proves safe and efficacious, it will still be more than two years before release for use.