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The Top Healthcare Penny Stocks For 2020

In case you didn’t know, the healthcare sector is massive.

The size is barely fathomable. In fact, healthcare is almost 18% of the U.S. gross domestic product (GDP). The GDP measures the United States’ overall activity from an economic standpoint.

We think the healthcare sector is only going to grow from here and the sky could be the limit. As the U.S. and worldwide populations continue to swell, people will continue to get older on average. Healthcare services and the products that go along with them will see vast expansion in the decades to come.

[Additional Reading] The Top Biotech Penny Stocks for 2020

This trend could benefit specific companies greatly including pharmacies, creators of medical device makes, and drugmakers.

Here are 3 healthcare penny stocks to check out for 2020:

Top Healthcare Stocks To Watch: PharmaCyte Biotech, Inc. (PMCB)

PharmaCyte Biotech, Inc., a clinical stage biotechnology company, focuses on developing and commercializing cellular therapies for cancer and diabetes in the United States. Its cellular therapies are developed based on Cell-in-a-Box, a proprietary cellulose-based live cell encapsulation technology used as a platform to treat various types of cancer, including advanced and inoperable non-metastatic pancreatic cancer, as well as diabetes.

Announced today, the company says they’ve completed a medical manual that is pivotal to the completion of its Investigational New Drug application (IND) filing.

The manual, “Angiography Manual – Transarterial Chemoinfusion of the Pancreas” (Angiography Procedure Manual), will be used to guide Interventional Radiologists on the placement of a catheter that begins at the femoral artery in the leg and ends as close to the pancreatic tumor as possible in patients participating in PharmaCyte’s planned Phase 2b clinical trial.

Press Release

China Pharma Holdings, Inc. (CPHI)

China Pharma Holdings develops, manufactures, and markets generic and branded pharmaceutical, and biochemical products primarily to hospitals and private retailers in the People’s Republic of China. The company offers products in the form of dry powder injectables, liquid injectables, tablets, capsules, and cephalosporin oral solutions.

China Pharma Holdings, Inc. develops, manufactures, and markets generic and branded pharmaceutical, and biochemical products primarily to hospitals and private retailers in the People’s Republic of China. The company offers products in the form of dry powder injectables, liquid injectables, tablets, capsules, and cephalosporin oral solutions.

The company recently announced that its subsidiary, Hainan Helpson Pharmaceutical & Biotechnology Co., Ltd. (“Helpson”), launched mask production lines in response to the COVID-19 epidemic.

Ms. Li Zhilin, President and CEO of China Pharmaceutical said, “On the one hand, although the COVID-19 outbreak has been controlled to a certain extent in China currently; the government and the public’s awareness of epidemic prevention is still strong.”

Top Healthcare Stocks To Watch: Precigen, Inc. (PGEN)

Precigen, Inc. discovers and develops the next generation of gene and cellular therapies in the United States. It also provides disease-modifying therapeutics; genetically engineered swine for regenerative medicine applications; proprietary methane bioconversion platform that turns natural gas into energy and chemical products; and reproductive and embryo transfer technologies.

The company just announced it will release first quarter 2020 financial results after the market closes on Wednesday, May 6th, 2020. Precigen will host a conference call that day at 4:15 pm ET to discuss the results and provide a general business update.

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