Mississauga, ON -- (SBWIRE) -- 03/27/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "OncBioMune Sales Top Forecast, Shares Run at Opening Bell."
Companies mentioned in this article include OncBioMune Pharmaceuticals (OTCQB:OBMP).
It's rare to see a young biotech generating revenue as it brings drug candidates down the clinical pathway, but that's exactly what OncBioMune Pharmaceuticals (OTCQB:OBMP) is doing. Earlier this month, the company acquired Mexico City-based Vitel Laboratorios, giving it two drugs commercialized in the Mexican markets and a pipeline of over 20 more products to add to its existing portfolio that is led by OncBioMune's flagship prostate cancer vaccine ProscaVax. Leveraging promising data from an ongoing Phase 1 study, ProscaVax is set to commence Phase 2 studies in the U.S. and Mexico in the near-term.
Shares of OBMP are hopping this morning on increased volume on news that sales of Bekunis and Cirkused, over-the-counter medications for constipation and stress, respectively, are outstripping expectations. Only launched last September, the products have combined sales of about $330,000 in their fist six months on the market. That's 164% higher than the $125,000 OncBioMune expected during the first months following launch.
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