The Next Hot Sector is Upon us and You Will Never Guess What It is

The Next Hot Sector is Upon us and You Will Never Guess What It is

 

New York, NY -- April 16, 2020 -- InvestorsHub NewsWire -- via Traders News Source -- Traders News Source, a leading independent equity research and corporate access firm focused on small cap growth companies’ issues their latest research “The Next Hot Sector”

SCWorx Corp. (NASDAQ: WORX) has received a committed purchase order from Rethink My Healthcare, a U.S.-based virtual healthcare network, for 2 million coronavirus testing kits. SCWorx will supply Rethink My Healthcare with IgM/IgG Rapid Detection Kits. SCWorx said it expects to receive the first 2 million rapid detection kits within approximately two weeks. The company said the agreement includes a “provision" for additional weekly orders of 2 million units for 23 weeks, valued at $35 million per week. The IgM/IgG Rapid Test is an in-vitro diagnostic test solely for the qualitative determination of Covid-19’s IgM and IgG antibodies in human whole blood, serum, plasma and fingertip blood. The company also stated that additional purchase orders currently under negotiation with certain other parties could further increase the U.S. supply of these important tests in the near term.

On April 14th, Premier Biomedical Inc. (OTC: BIEI) announced the filing of a provisional patent application, "Method for Treating Covid-19 Inflammatory Cytokine Storm for the Reduction of Morbidity and Mortality in Covid-19 Patients," The provisional patent application involves the targeted removal of disease-specific antigens via an extracorporeal process. These antigens have been identified in the medical literature to be the pathophysiologic basis for the overwhelming production of lung edema and mucus in Covid-19 patients. The core of this technology is the selective removal of blood-borne antigens associated with the ability of Covid-19 to replicate and is consistent with their patented core technology. The company states it has proven in the laboratory that they can remove specific selected blood-borne antigens from a similar mixture using their patented technology.

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Predictive Technology Group, Inc. (OTC: PRED) harnesses predictive gene-based analytics to develop genetic and molecular diagnostic tests, as well as companion therapeutics. The company is involved in a collaboration with Atrin Pharmaceuticals to utilize next-generation genomics capabilities to improve predictive selection of clinical study patients most likely to respond and least likely to experience side effects from treatment with Atrin’s DDR drug candidates. Atrin and Predictive have been jointly developing proprietary approaches to better identify patients with specific mutations that drive cancer tumor growth, regardless of tumor type, and who are most likely to clinically respond to synthetically lethal anti-cancer therapies.

CytoDyn Inc. (OTCQB: CYDY) reported recently it had filed an Investigational New Drug (IND) application to launch a Phase 2 trial in the U.S. with leronlimab (PRO 140) in patients infected with the COVID-19 coronavirus. Deaths caused by COVID-19 are mostly a result of acute respiratory distress syndrome (ARDS), as the virus in human lungs causes an influx of macrophage and immune cells and the cytokines released result in even more influx of immune cells and inflammation. As an immunomodulator, leronlimab could disrupt this cycle and reduce ARDS-related mortality.

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