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Adolor Corporation (NasdaqGM: ADLR) announces Michael J. Fox Foundation...
Adolor Corporation (NasdaqGM: ADLR) announces Michael J. Fox Foundation funding for Parkinson's Research
June 11, 2011 Markets news in West Bloomfield,Michigan, United States of America
Undervalued bio-pharmaceutical company, Adolor Corporation (NasdaqGM: ADLR) , receives funding from Michael J. Fox Foundation. This stock currently trading at $1.50 per share could see $125.00!
FOR IMMEDIATE RELEASE
West Bloomfield,
Michigan,
United States of America
(Free-Press-Release.com) June 11, 2011 --
Adolor Corporation (NasdaqGM: ADLR) is a bio-pharmaceutical company focused on the development and commercialization of novel prescription pain and pain-management products. Adolor's mission addresses a simple goal: to provide enhanced relief for the millions of people who suffer from pain each year.
Michael J. Fox Foundation for Parkinson's Research awarded Adolor funding to support their development of CAMORs for the treatment of LID associated with Parkinson's disease.
Adolor Corporation (NasdaqGM: ADLR) , currently trading at $1.50 per share, is undervalued according to Joe Capaldi at Professional Trading Systems Corporation (ProTSC). According to Capaldi, Adolor has five (5) unique drugs in it's pipeline. ENTEREG®, which is already approved for limited market for in-hospital use and is seeking wider approval, ADL5945, ADL7445, ADL6906 and Camors for Parkinson's disease.
When compared to Pharmasset, Inc. (Public, NASDAQ:VRUS) , currently trading at $119.00 per share with no drugs currently approved for market, Adolor Corporation (NasdaqGM: ADLR) is the next big drug company to significantly gap up. Valuations managers say Adolor is being quietly acquired by funds managers and other drug companies. Glaxo Smith Kline (Public, NYSE:GSK) , a leading health care company, has partnered with Adolor to bring ENTEREG® to market and has purchased a stake in the company.
Adolor Corporation (NasdaqGM: ADLR) , currently trading at $1.50 per share, Joe Capaldi projects $125.00 per share when one (1) of their next four (4) drugs reaches market.
Links:
http://www.adolor.com/research/index1.asp?page=r-d-pipeline
drug discovery Joe Capaldi Michael J. Fox Foundation Parkinsons Disease Potential Stock Gaps stocks on the move Undervalued Stock
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