Chicago, IL 3/7/12 (StreetBeat) - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues an investor alert for molecular diagnostics company, Vermillion, Inc. (NASDAQ: VRML), gaining 125.56% on the day to close at $ 3.00, up 1.67 on over 10 Million shares. The stock continued its rally in after hours trading. The stock was NASDAQ’s top percentage gainer on a day that NASDAQ closed down over 40 points.
The Company reported news that the American Medical Association (AMA) Current Procedural Terminology (CPT®) Panel has voted to approve an application for a Category 1 CPT code for its OVA1® test, which is designed to help differentiate benign versus malignant ovarian masses.
Vermillion, Inc. is dedicated to the discovery, development and commercialization of novel high-value diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. Vermillion, along with its prestigious scientific collaborators, has diagnostic programs in oncology, hematology, cardiology and women's health. Additional information about Vermillion can be found at www.vermillion.com.
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