Grant Zeng, CFA
Research analyst, CFA, biotech, small-cap

Galena: Why We Think There Is More Room For Significant Share Price Appreciation

We initiated coverage of Galena Biopharma (NASDAQ:GALE) in mid-November 2011. At that time, the share price of GALE was at about $0.70 per share. As of July 29, 2013, the share price of GALE is $1.77, an appreciation of 153%.

We think the impressive appreciation of share price has been based on many positive d...

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