SOHM Inc. (OTC:SHMN) Stock In Focus After New Bagging Pre-Launch Orders
The pharmaceutical and biotech firm SOHM Inc. (OTC:SHMN), which is focused on generic drugs, was in focus on Wednesday after it announced that it had bagged pre-launch orders for its ABBIE Technology Kits.
SOHM, Inc. has received ABBIE Technology Kits’ pre-launch pre-orders.
The company noted that it was a major milestone and marked the transition from research and development to the commercialization stage of the GLP ABBIE Technology Kits. SOHM also stated that the CRISPRS/Cas9 kits space was projected to grow into a business worth $17.9 billion by 2032.
The latest milestone came as a significant boost for all the scientists at SOHM and provided confidence to the company in its technology. It was asserted that the milestone would eventually have a strong impact on the pharmaceutical and biotech industries.
The success of the technology would be a source of encouragement for everyone at the company and would ensure that the other products in the pipeline were primed for success as well. SOHM would share further updates on the products following the collaboration with Stanford Medicines.
In the news release, the company also noted that the pre-launch orders and other orders would deliver new dimensions and new opportunities. It remains to be seen if the SOHM stock gets any action today or not.
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