Pharma Mar (PHMMF) Rating Increased to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Pharma Mar (OTCMKTS:PHMMF) from a sell rating to a hold rating in a research report report published on Wednesday, January 10th.

According to Zacks, “Pharma Mar SA is a biopharmaceutical company. It engaged in the discovery and development of marine-derived anticancer drugs. The company’s product pipeline consists of PM1183, plitidepsin, and PM184 which are in clinical trial stage. It operates primarily in Germany, Italy, France, Switzerland, United Kingdom, Belgium and the United States. Pharma Mar SA is headquartered in Madrid, Spain. “

Pharma Mar (OTCMKTS:PHMMF) opened at $2.15 on Wednesday. Pharma Mar has a 12-month low of $2.00 and a 12-month high of $4.80.

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Pharma Mar Company Profile

Pharma Mar, SA, a biopharmaceutical company, engages in the discovery and development of marine-derived anticancer drugs in Spain and internationally. It develops and commercializes YONDELIS, a novel, multimodal, synthetically produced antitumor agent for the treatment of advanced soft tissue sarcomas as a single-agent, as well as for relapsed ovarian cancer in combination with Doxil/Caelyx.

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