Is Enzolytics Inc (ENZC) Stock A Better Buy After The Big Move?

The Enzolytics Inc (OTCMKTS:ENZC) stock emerged as one of the notable gainers last week. Last week, the Enzolytics stock surged by as much as 50% and much of that was driven by a report from the company with regards to the progress it has made on a range of initiatives.

The company stated that it has made considerable progress in applying its various platforms for producing therapies meant for a range of infectious diseases.

Enzolytics however stated that the long-term success of the company is going to be dependent on actually bring these new therapies to the market. However, there was another positive update from Enzolytics that investors ought to keep in mind.

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The company announced that various pharmaceutical companies have provided Enzolytics with positive feedback. In addition to that, the pharmaceutical companies have also expressed an interest in partnering with Enzolytics if certain milestones are achieved. Investors could do well to keep an eye on the stock over the coming days.

Jack Dawkins

Finance and Tech Contributor