Pain Therapeutics, Inc. (NASDAQ:PTIE)
CAPS Rating:
A biopharmaceutical company that develops novel drugs for pain management and oncology.
A biopharmaceutical company that develops novel drugs for pain management and oncology.
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Recs
Two products in phase 3 clinical trials for pain which is a very large market. Both of these products are variations on currently marketed painkillers so there is a high probability that the trials will be successful (one is an abuse-resistant variation, the other is addiction-resistant). Also, they have lots of cash.