Over the course of the past two years, the healthcare sector has managed to garner considerable attention and for good reason too. The interest in healthcare stocks continues to be there and hence, it is a sector that investors could consider taking an interest in. However, the number of healthcare stocks remains high, and hence, it is also important to perhaps minimize the list and then take a look at some of the select stocks. This article provides you with a sneak peek into three healthcare stock that you could start tracking at this point in time.
1. Immunoprecise Antibodies Ltd (NASDAQ:IPA) (TSX.V:IPA)
The first of the healthcare stocks that you could start tracking today is that of IPA and for good reason too, considering the fact that the company is in the news this morning owing to a major announcement.
This morning the company provided a report with regards to the latest extent of progress that it has managed to achieve with regards to the development of the PolyTope TATX-03, which is a treatment derived from a cocktail of antibodies. The treatment in question has already been proven to be effective against most of the variants of the COVID 19 virus. This morning IPA announced that it had got positive data from the testing on the product on animals since there were no adverse events that had been recorded.
On the other hand, it was further reported by the company that the product is tolerated well and the margin of safety also proved to be significant. Last but certainly not least, there were no signs of toxicity either. In light of such a positive report, it is likely that the stock is going to come into considerable focus among investors over the course of the coming days. It may be a good time to add it to your watch lists.
2. Therma Bright Inc (TSXV:THRM) (OTCQB:TBRIF)
The next company in the healthcare sector that could be looked into at this point is Therma Bright Inc. The stock was one of the major gainers in the healthcare sector yesterday and ended up with gains of as much as 18% for the day. While it is true that there was no news at all about the company on Tuesday, it may be a good idea for investors to consider taking a closer look at development from February 24.
The company, which is best known for having developed the AcuVid™ COVID-19 Rapid Antigen Saliva Test had announced on that day it had been inducted into the 2022 TSX Venture 50 as one of the best-performing stocks. As it happens, the stock has also been ranked among the top 3 stocks from within those in the life sciences space. At this point, it could be a good move for investors to track the price action in the Therma Bright stock.
3. Halberd Corporation (OTCMKTS:HALB)
Last but certainly not least by any stretch of the imagination, it is the Halberd Corporation stock that may demand the attention of many investors who are looking into healthcare stocks. Yesterday, the company was actually in the news after announcing that Dr Chester R Cooper had joined the technical team at Halberd. Dr Cooper is currently a Professor at the Department of Biological Sciences at the Youngstown State University.
In this context, it ought to be noted that over the course of the past months, Dr Cooper has been involved with the E Coli testing and analysis project that Halberd had conducted at the Youngstown State University, and hence, he is already accustomed to the working of the company.
