5 Penny Stocks with Upcoming Growth Catalysts

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In this article, we discuss the 5 penny stocks with upcoming growth catalysts. If you want to read our detailed analysis of these stocks, go directly to the 10 Penny Stocks with Upcoming Growth Catalysts.

5. Adhera Therapeutics, Inc. (OTC: ATRX)

Number of Hedge Fund Holders: N/A

Adhera Therapeutics, Inc. (OTC: ATRX) is ranked fifth on our list of 10 penny stocks with upcoming growth catalysts. The company operates from Louisiana and engages in the marketing of biopharmaceutical products. 

Adhera Therapeutics, Inc. (OTC: ATRX) recently announced that it had signed an exclusive license agreement with Melior Pharmaceuticals, a Pennsylvania-based drug firm, for MLR-1023. The agreement will allow the firm to develop a novel therapeutic for Type 1 diabetes.

Earlier this month, Adhera Therapeutics, Inc. (OTC: ATRX) announced the appointment of Andrew Reaume to the Board of Directors at the firm. Reaume, a former top executive at drug giant Pfizer and Cephalon, brings a wealth of experience to the company. 

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