Top 10 Biotech Penny Stocks List

Biotech Penny Stocks

Most savvy penny stock players highly recommend spreading the risk of the highly volatile micro cap market by investing in a variety of business sectors. Finding great medical penny stocks or perhaps biotech penny stocks is a fantastic way to diversify your portfolio. Most of the companies listed below deserve your attention for a number of reasons. While some of them work on developing a new breakthrough drug to treat cancer, others make their goal to start producing analogs for human multiuse stem cells to further study a vast number of conditions and diseases that have no cure today.

Investing in one of the biotech penny stocks today could mean high rewards tomorrow in case of successful research findings.

1. Lifevantage Corporation (LFVN)
One of the promising penny stocks in the biotech market sector that provides research, development and production of nutraceutical supplements and skin care products. It offers a line of anti-aging creams, serums and other products through its LifeVantage True Science brand umbrella. Additionally, the company is known for its Canine Health supplements nutritionally tailored for the health of pets.

2. Accelerate Diagnostics (AXDX)
With antibiotic-resistant bacteria becoming increasing rampant in the US, these are among some of the best penny stocks to buy right now because the company is in close collaboration with the U.S. Center for Disease Control and Prevention to create a platform to be used for rapid bio-pathogens identification. Among its other endeavors is the development of a special OptiChem coating that can be used for various medical purposes including anti-microbial coatings for bio-analytical devices.

3. Agenus Incorporated (AGEN)
This biopharmaceutical company works in a field of immune-oncology, one of the most promising sectors of medical science. Among its highly regarded research findings are heat shock protein vaccines for cancerous conditions and infectious diseases.

4. Akers Biosciences Inc. (AKER)
The Company offers some the best biotech penny stocks because it is involved in a production of disposable diagnostic devices to test for alcohol detection, breath ketones for weight loss, cholesterol diagnostics devices and an array of other breath tests.

5. BSD Medical Corporation (BSDM)
It focuses its efforts on developing technological basis for treating malignant and cancerous growths with microwave radiofrequency energy in the US and internationally. The technology allows successful treatment of superficial skin melanoma and breast cancer along with deeper tissue cancers. It ablates soft temperatures at high temperatures non-invasively with rather success rates at various clinics and medical institutions. Consider including these successful penny stocks as part of your portfolio.

6. Cleveland BioLabs Inc. (CBLI)
These biotech penny stocks come straight from the Cleveland BioLabs that specialize in finding treatments and developing drugs for cancer patients. The company is especially known for its drug Entolimod designed to deal as radiation countermeasure for patients affected by radiation side effects. Among its other research subjects are drugs to treat solid tumors in patients with advanced cancers.

7. Cellular Dynamics International Inc. (ICEL)
These are among great penny stocks to research because the company focuses its research on stem cells, one of the most promising fields of the medical science. Their comprehensive iCell Operating System grows human cells into the multipurpose cell types that can later be used as human heart cells or brain neuron cells, which could be used for drug testing, research and building the stem cell bank. Their research promises to contribute to finding cure for an array of currently incurable conditions like Alzheimer’s, Parkinson’s, heart conditions and brain strokes. ICEL stocks are definitely great candidates for your penny stocks to watch list.

8. CASI Pharmaceuticals Inc. (CASI)
Include these biotech penny stocks in your considerations as some of the best players on the market involved in the research and development for cancer drugs in the US and China. Their clinically researched drugs promise to find relief for platinum resistant ovarian cancer, autoimmune conditions and solid tumors.

9. Genetic Technologies Limited (GENE)
These biotech penny stocks are great additions to any portfolio because the company is involved in the innovative DNA testing field offering services for paternal testing, DNA profiling, and canine breed identification testings. In addition, GENE offers a wide range if testing technologies fir various forms of cancer, including breast, uterine, ovarian and bowel.

10. Pruristem Theurapeutics, Inc. (PSTI)
If you are looking for promising biotech penny stocks, you might want to look into this company that operates a biopharmaceutical company in Israel and to find cure to treat an array of autoimmune and ischemic conditions.