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Health & Biotech
Here’s our fortnightly wrap of all the news driving ASX health stocks.
Of the ASX’s 132-odd small cap health stocks and of those which were trading on Wednesday, 71 were in positive territory over the last fortnight, 11 were flat and 50 saw their share prices fall.
| Code | Name | Price $ (June 24) | 2 week return % | 1 year return % | Market cap |
|---|---|---|---|---|---|
| OSP | OSPREY MEDICAL INC-CDI | 0.042 | 273 | -37 | $ 61,450,340.00 |
| AMT | ALLEGRA ORTHOPAEDICS LTD | 0.3 | 205 | 205 | $ 33,405,612.00 |
| DVL | DORSAVI LTD | 0.029 | 190 | -42 | $ 6,711,398.00 |
| ATH | ALTERITY THERAPEUTICS LTD | 0.039 | 167 | 43 | $ 43,400,160.00 |
| RAC | RACE ONCOLOGY LTD | 0.805 | 65 | 1419 | $ 92,479,408.00 |
| PAA | PHARMAUST LTD | 0.2 | 63 | 349 | $ 67,412,632.00 |
| PGC | PARAGON CARE LTD | 0.175 | 50 | -60 | $ 60,819,352.00 |
| VTI | VISIONEERING TECH-CDI | 0.021 | 50 | -63 | $ 19,045,942.00 |
| BIT | BIOTRON LTD | 0.11 | 41 | 47 | $ 77,212,600.00 |
| LCT | LIVING CELL TECHNOLOGIES LTD | 0.015 | 36 | -35 | $ 8,571,615.00 |
| LSH | LIFESPOT HEALTH LTD | 0.047 | 34 | -44 | $ 4,549,050.00 |
| GLH | GLOBAL HEALTH LTD | 0.285 | 33 | 49 | $ 11,156,055.00 |
| OSX | OSTEOPORE LTD | 0.58 | 29 | $ 58,713,692.00 | |
| ANP | ANTISENSE THERAPEUTICS LTD | 0.088 | 29 | 81 | $ 41,546,748.00 |
| GSS | GENETIC SIGNATURES LTD | 2.54 | 29 | 136 | $ 366,510,272.00 |
| NSB | NEUROSCIENTIFIC BIOPHARMACEU | 0.23 | 28 | -31 | $ 18,028,454.00 |
| IBX | IMAGION BIOSYSTEMS LTD | 0.042 | 27 | 87 | $ 31,994,766.00 |
| CP1 | CANNPAL ANIMAL THERAPEUTICS | 0.15 | 25 | -21 | $ 13,968,750.00 |
| IVX | INVION LTD | 0.01 | 25 | -38 | $ 55,006,064.00 |
| RGS | REGENEUS LTD | 0.075 | 24 | -16 | $ 21,670,350.00 |
| UCM | USCOM LTD | 0.26 | 24 | 100 | $ 38,955,368.00 |
| UBI | UNIVERSAL BIOSENSORS INC-CDI | 0.26 | 23 | 0 | $ 43,478,568.00 |
| NYR | NYRADA INC-CDI | 0.21 | 22 | $ 21,329,826.00 | |
| NC6 | NANOLLOSE LTD | 0.041 | 21 | 1 | $ 4,335,749.50 |
| TLX | TELIX PHARMACEUTICALS LTD | 1.585 | 20 | 9 | $ 388,229,280.00 |
| GTG | GENETIC TECHNOLOGIES LTD | 0.006 | 20 | -8 | $ 45,082,680.00 |
| ESE | ESENSE-LAB LTD-CDI | 0.023 | 20 | 9 | $ 12,240,913.00 |
| JHL | JAYEX HEALTHCARE LTD | 0.028 | 19 | -52 | $ 4,409,075.50 |
| IHL | INCANNEX HEALTHCARE LTD | 0.059 | 18 | 41 | $ 43,709,212.00 |
| CDX | CARDIEX LTD | 0.026 | 18 | 4 | $ 19,613,570.00 |
| EYE | NOVA EYE MEDICAL LTD | 0.695 | 18 | 31 | $ 99,802,792.00 |
| SCU | STEMCELL UNITED LTD | 0.014 | 17 | -7 | $ 8,982,517.00 |
| NOX | NOXOPHARM LTD | 0.22 | 16 | -49 | $ 45,838,124.00 |
| NXS | NEXT SCIENCE LTD | 1.49 | 16 | -63 | $ 266,873,616.00 |
| HCT | HOLISTA COLLTECH LTD | 0.135 | 16 | 130 | $ 39,925,616.00 |
| CDY | CELLMID LTD | 0.15 | 15 | -40 | $ 18,787,030.00 |
| CYC | CYCLOPHARM LTD | 1.5 | 15 | 2 | $ 118,888,432.00 |
| AVE | AVECHO BIOTECHNOLOGY LTD | 0.0085 | 14 | 100 | $ 12,779,659.00 |
| PXS | PHARMAXIS LTD | 0.075 | 13 | -67 | $ 30,434,188.00 |
| AZV | AZURE HEALTHCARE LTD | 0.079 | 13 | -1 | $ 22,450,928.00 |
| IMU | IMUGENE LTD | 0.036 | 13 | 125 | $ 159,334,944.00 |
| LBT | LBT INNOVATIONS LTD | 0.19 | 12 | 36 | $ 44,752,560.00 |
| NTI | NEUROTECH INTERNATIONAL LTD | 0.01 | 11 | -50 | $ 2,152,156.25 |
| CGS | COGSTATE LTD | 0.4 | 11 | 160 | $ 68,058,064.00 |
| RSH | RESPIRI LTD | 0.099 | 11 | -9 | $ 65,171,480.00 |
| OIL | OPTISCAN IMAGING LTD | 0.044 | 10 | -16 | $ 20,544,488.00 |
| MDR | MEDADVISOR LTD | 0.55 | 10 | 57 | $ 135,694,912.00 |
| VHT | VOLPARA HEALTH TECHNOLOGIES | 1.445 | 10 | -11 | $ 360,215,488.00 |
| AT1 | ATOMO DIAGNOSTICS LTD | 0.335 | 10 | $ 193,571,840.00 | |
| PTX | PRESCIENT THERAPEUTICS LTD | 0.058 | 9 | 44 | $ 23,261,376.00 |
| PYC | PYC THERAPEUTICS LTD | 0.125 | 9 | 346 | $ 366,428,512.00 |
| OSL | ONCOSIL MEDICAL LTD | 0.13 | 8 | 141 | $ 107,718,120.00 |
| PNV | POLYNOVO LTD | 2.6 | 8 | 48 | $ 1,738,661,504.00 |
| MX1 | MICRO-X LTD | 0.14 | 8 | -51 | $ 50,003,496.00 |
| ZLD | ZELIRA THERAPEUTICS LTD | 0.058 | 7 | 23 | $ 56,406,648.00 |
| MDC | MEDLAB CLINICAL LTD | 0.15 | 7 | -59 | $ 40,380,876.00 |
| PBP | PROBIOTEC LTD | 1.99 | 6 | 23 | $ 148,809,952.00 |
| 1AD | ADALTA LTD | 0.11 | 5 | -39 | $ 16,394,561.00 |
| KZA | KAZIA THERAPEUTICS LTD | 0.525 | 5 | 38 | $ 49,664,144.00 |
| IPD | IMPEDIMED LTD | 0.071 | 4 | -45 | $ 73,479,976.00 |
| APH | AUSTRALIAN PRIMARY HEMP LTD | 0.115 | 4 | -43 | $ 8,719,392.00 |
| ADR | ADHERIUM LTD | 0.025 | 4 | -11 | $ 15,047,658.00 |
| GMV | G MEDICAL INNOVATION HOLDING | 0.05 | 4 | -76 | $ 33,189,328.00 |
| ICS | ICSGLOBAL LTD | 1.96 | 3 | 106 | $ 20,783,878.00 |
| IDT | IDT AUSTRALIA LTD | 0.165 | 3 | 3 | $ 39,486,652.00 |
| SDX | SIENNA CANCER DIAGNOSTICS LT | 0.067 | 3 | 3 | $ 26,473,900.00 |
| ICR | INTELICARE HOLDINGS LTD | 0.365 | 3 | $ 26,972,892.00 | |
| RNO | RHINOMED LTD | 0.077 | 3 | -68 | $ 19,543,304.00 |
| BOT | BOTANIX PHARMACEUTICALS LTD | 0.043 | 2 | -81 | $ 42,798,712.00 |
| PSQ | PACIFIC SMILES GROUP LTD | 1.6 | 2 | 42 | $ 243,322,144.00 |
| ZNO | ZOONO GROUP LTD | 3.02 | 2 | 3183 | $ 494,110,368.00 |
| ACW | ACTINOGEN MEDICAL LTD | 0.024 | 0 | 127 | $ 27,905,784.00 |
| MXC | MGC PHARMACEUTICALS LTD | 0.022 | 0 | -57 | $ 34,663,472.00 |
| BXN | BIOXYNE LTD | 0.011 | 0 | -45 | $ 7,041,599.50 |
| FTT | FACTOR THERAPEUTICS LTD | 0.0045 | 0 | -11 | $ 4,171,342.50 |
| ALT | ANALYTICA LTD | 0.002 | 0 | -60 | $ 7,039,224.50 |
| CYP | CYNATA THERAPEUTICS LTD | 0.62 | 0 | -49 | $ 73,202,504.00 |
| IMM | IMMUTEP LTD | 0.1575 | 0 | -38 | $ 75,582,792.00 |
| BPH | BPH ENERGY LTD | 0.017 | 0 | 70 | $ 6,345,026.00 |
| PAB | PATRYS LTD | 0.012 | 0 | -48 | $ 12,871,084.00 |
| BD1 | BARD1 LIFE SCIENCES LTD | 0.03 | 0 | 20 | $ 41,015,552.00 |
| BWX | BWX LTD | 3.75 | 0 | 84 | $ 467,179,584.00 |
| MVF | MONASH IVF GROUP LTD | 0.555 | -1 | -55 | $ 216,247,344.00 |
| JHC | JAPARA HEALTHCARE LTD | 0.5025 | -1 | -50 | $ 134,959,904.00 |
| CAN | CANN GROUP LTD | 0.9 | -1 | -58 | $ 128,603,104.00 |
| PIQ | PROTEOMICS INTERNATIONAL LAB | 0.435 | -1 | 25 | $ 39,734,528.00 |
| HLA | HEALTHIA LTD | 1 | -1 | 8 | $ 63,980,172.00 |
| VLS | VITA LIFE SCIENCES LTD | 0.56 | -2 | -17 | $ 30,827,088.00 |
| PAL | PALLA PHARMA LTD | 0.77 | -2 | -26 | $ 96,979,944.00 |
| ONE | ONEVIEW HEALTHCARE PLC-CDI | 0.044 | -2 | -83 | $ 7,621,305.50 |
| EXL | ELIXINOL GLOBAL LTD | 0.18 | -3 | -95 | $ 34,710,672.00 |
| AGH | ALTHEA GROUP HOLDINGS LTD | 0.345 | -3 | -67 | $ 80,491,952.00 |
| 1ST | 1ST GROUP LTD | 0.033 | -3 | -47 | $ 14,012,358.00 |
| AHX | APIAM ANIMAL HEALTH LTD | 0.465 | -3 | 0 | $ 54,217,668.00 |
| M7T | MACH7 TECHNOLOGIES LTD | 0.91 | -3 | 59 | $ 213,282,800.00 |
| AC8 | AUSCANN GROUP HOLDINGS LTD | 0.155 | -3 | -60 | $ 47,557,104.00 |
| ALC | ALCIDION GROUP LTD | 0.155 | -3 | -3 | $ 148,604,112.00 |
| ONT | 1300 SMILES LTD | 5.1 | -3 | -15 | $ 120,759,760.00 |
| RHY | RHYTHM BIOSCIENCES LTD | 0.08 | -4 | -59 | $ 8,060,000.00 |
| TD1 | TALI DIGITAL LTD | 0.026 | -4 | 136 | $ 19,481,936.00 |
| CTE | CRYOSITE LTD | 0.13 | -4 | 160 | $ 6,091,743.00 |
| PCK | PAINCHEK LTD | 0.115 | -4 | -43 | $ 119,085,080.00 |
| SDI | SDI LTD | 0.68 | -4 | -20 | $ 82,017,216.00 |
| SUD | SUDA PHARMACEUTICALS LTD | 0.034 | -4 | -60 | $ 5,121,158.50 |
| ADO | ANTEOTECH LTD | 0.022 | -5 | 43 | $ 34,525,908.00 |
| SVA | SIMAVITA LTD-CDI | 0.019 | -5 | 12 | $ 10,711,785.00 |
| ATX | AMPLIA THERAPEUTICS LTD | 0.115 | -5 | 22 | $ 7,178,024.00 |
| VBS | VECTUS BIOSYSTEMS LTD | 0.68 | -6 | 100 | $ 16,085,275.00 |
| OCC | ORTHOCELL LTD | 0.34 | -6 | -31 | $ 62,797,564.00 |
| MEM | MEMPHASYS LTD | 0.051 | -6 | 65 | $ 38,452,668.00 |
| MVP | MEDICAL DEVELOPMENTS INTERNA | 7.09 | -6 | 29 | $ 465,270,560.00 |
| RHT | RESONANCE HEALTH LTD | 0.15 | -6 | 52 | $ 71,003,832.00 |
| DXB | DIMERIX LTD | 0.35 | -6 | 243 | $ 71,189,744.00 |
| SOM | SOMNOMED LTD | 1.305 | -7 | -7 | $ 102,621,552.00 |
| CMP | COMPUMEDICS LTD | 0.42 | -8 | -33 | $ 74,408,440.00 |
| PAR | PARADIGM BIOPHARMACEUTICALS | 3.3 | -8 | 119 | $ 732,675,776.00 |
| BNO | BIONOMICS LTD | 0.062 | -9 | 51 | $ 38,823,524.00 |
| RCE | RECCE PHARMACEUTICALS LTD | 0.68 | -9 | 224 | $ 92,528,816.00 |
| THC | THC GLOBAL GROUP LTD | 0.295 | -9 | -31 | $ 48,729,228.00 |
| OPT | OPTHEA LTD | 2.42 | -10 | 217 | $ 656,744,960.00 |
| ANR | ANATARA LIFESCIENCES LTD | 0.135 | -10 | -61 | $ 6,730,584.00 |
| CAJ | CAPITOL HEALTH LTD | 0.22 | -10 | -7 | $ 224,971,376.00 |
| ACR | ACRUX LTD | 0.145 | -12 | -22 | $ 24,444,610.00 |
| IMC | IMMURON LTD | 0.255 | -13 | 117 | $ 46,354,176.00 |
| OVN | OVENTUS MEDICAL LTD | 0.275 | -14 | 7 | $ 45,097,744.00 |
| MEB | MEDIBIO LTD | 0.006 | -14 | -67 | $ 6,568,780.00 |
| S66 | STAR COMBO PHARMA LTD | 0.385 | -14 | -45 | $ 52,212,392.00 |
| RAP | RESAPP HEALTH LTD | 0.155 | -16 | -14 | $ 117,043,520.00 |
| MMJ | MMJ GROUP HOLDINGS LTD | 0.098 | -18 | -63 | $ 22,535,490.00 |
| FFC | FARMAFORCE LTD | 0.055 | -21 | -63 | $ 7,082,404.00 |
| NEU | NEUREN PHARMACEUTICALS LTD | 1.3 | -24 | 9 | $ 149,701,296.00 |
| CPH | CRESO PHARMA LTD | 0.031 | -24 | -94 | $ 11,233,823.00 |
Investors (ok, day traders) were all over the health sector this fortnight with several companies the unexpected recipients of “a mighty shove” that pushed their stock sky high.
That is to say, there were a lot of ASX speeding tickets being passed out.
Osprey Medical (ASX:OSP) shares surged 273 per cent on the back of no news.
“No, Osprey is not aware of any information concerning it that has not been announced to the market,” it promised the ASX after receiving its own ‘please explain’.
“As stated… on 19 June… Osprey expects a final contract with GE Healthcare to be executed in the near-term.”
However, it made the point that the extreme price rise was off a low base: just 0.9c, from 1.3c to 2.2c.
Allegra Orthopaedics (ASX:AMT), a company not known for overwhelming the market with news, came in at number two following a rare update.
After six years of collaborating with the University of Sydney on a synthetic bone substitute, the company finally acquired the intellectual property (IP) and finished Monday up over 500 per cent.
Allegra sells off-the-shelf implants and is researching synthetic bone for spinal cages and kangaroo tendons as replacements for dodgy human ones.
Motion detection company dorsaVi (ASX:DVL) announced a tie-up with major insurer QBE Insurance (ASX:QBE), as part of an initiative to improve worker safety, and saw its stock surge by more than 1000 per cent that morning.
Under the terms of the deal, dorsaVi will provide its ViSafe motion sensor technology to employees of QBE customers, to provide data insights on body movements in the workplace.
It wasn’t the only health company in the last fortnight to see an outrageous share price move. Alterity Therapeutics (ASX:ATH) also ran last week but for very little reason.
The company told the market the previous Friday that it had a fruitful meeting with the US drugs regulator about a Parkinson’s treatment it was developing.
“It came back to earth on Thursday. But you get these companies that say something, and it’s involved in Parkinson’s which is an interesting space, and for some reason a group of investors have given it a mighty shove which then brings day traders in,” Morgans analyst Scott Power said.
Rounding out the top five is Race Oncology (ASX:RAC), a company whose stock has been on a tear since mid-June.
It became an “eight bagger” after its drug Bisantrene was shown in clinical trials to achieve a clinical response in 40 per cent of patients with a rare bone cancer called acute myeloid leukemia.
Health & Biotech
Health & Biotech
Health & Biotech
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