In a recent article from Forbes, the worst performing biotech stocks from 2013 were listed. Of the companies that posted negative results, the worst damage came to those that presented bad clinical data or had run-ins with the U.S. Food and Drug Administration.
The Worst-Performing Biotech Stocks of 2013
CLSN Celsion Corporation 52.9 -89.4
ASTM Aastrom Biosciences, Inc. 14.1 -87.2
DCTH Delcath Systems, Inc. 32.2 -79.3
CVM CEL-SCI Corporation 28.9 -78.1
AVEO AVEO Pharmaceuticals, Inc. 94.9 -77.3
AMRN Amarin Corporation Plc Sponsored ADR 340.1 -75.6
ENZN Enzon Pharmaceuticals, Inc. 51.1 -73.8
ZLCS Zalicus Inc. 29.0 -71.5
ECTE Echo Therapeutics, Inc. 33.1 -69.8
SPHS Sophiris Bio Inc. 59.8 -68.9
PBMD Prima Biomed Ltd Sponsored ADR 45.1 -68.6
PTX Pernix Therapeutics Holdings, Inc. 93.7 -67.5
OXBT Oxygen Biotherapeutics, Inc. 47.8 -65.1
ARIA ARIAD Pharmaceuticals, Inc. 1,266.2 -64.4
GTXI GTx, Inc. 104.3 -60.7
INFI Infinity Pharmaceuticals, Inc. 664.1 -60.5
ONCY Oncolytics Biotech Inc. 131.4 -60.5
VICL Vical Incorporated 102.4 -59.5
BAXS Baxano Surgical, Inc. 45.6 -59.3
ACHN Achillion Pharmaceuticals, Inc. 320.8 -58.6
BTK AMEX Biotechnology Index 0.0 50.6
If your broker/financial advisor recommend any of these biotechs and did lost more than $50,000, call for a free consultation with an attorney on how to potentially recover your investment losses: 888-760-6552. Soreide Law Group represents clients nationwide in arbitrations before FINRA.
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