Quick Win by the Algorithm: Windtree Therapeutics Inc. (WINT)

Quick Win by the Algorithm

Windtree Therapeutics Inc.

On May 17th, 2016, the I Know First algorithm gave a bullish signal of 31.85 for the ticker WINT with a predictability indicator of 0.26. In accordance with the algorithm’s prediction, WINT jumped 20.55% in the following 14 days.

quick win

Windtree Therapeutics, Inc., formerly Discovery Laboratories, Inc., is a clinical-stage biotechnology company. The Company is focused on developing KL4 surfactant therapies for respiratory diseases and other potential applications.

Windtree Therapeutics, Inc.  announced that data from the AEROSURF® Phase 2a clinical program, one of its main product in development for premature infants 29 to 34 weeks  with respiratory distress syndrome (RDS). The company has presented the product during the 2016 Pediatric Academic Societies (PAS) Meeting to held May 3, 2016.

The AEROSURF phase 2a clinical program in premature infants 29 to 34 week GA consisted of two multicenter, randomized, open-label, controlled studies in a total of 80 premature infants receiving nasal continuous positive airway pressure (nCPAP) for RDS. Data even suggest that AEROSURF may be reducing the need for intubation and delayed surfactant therapy, a big step for the medical industry.

The stock might get near-term price boost due to the upcoming catalyst and patient long-term value thanks to this research.

To learn more about WINT, Click HERE