Breakout Alert: Sunday February 19, 2023 FDA Approval Could Send This Tiny Biotech Soaring!
Mainz Biomed N.V. (NASDAQ: MYNZ) Hi 10XProTrader Member, This is Kevin Vander with â10XProTraderâ delivering you your new premium alert for Tuesday 2/21 - trading session is Mainz Biomed N.V. (NASDAQ: MYNZ). The Company has several bullish catalysts in the pipeline and is on the verge of Disrupting the multi-billion doâllar colorectal cancer diagnostics space with their latest blockbuster News. Multiple Analysts Bullish on MYNZ, following latest updates and Blockbuster News! Bullish Catalyst - H.C. Wainwright Initiated Coverage of Mainz Biomed (Nasdaq: MYNZ) with a Buy rating and $25 Price Target [ (Representing 259% in Upside Potential) ]( Initiating with Buy Rating and $25 PT Symbol: MYNZ Company Name: Mainz Biomed N.V. Breakout Catalyst: (+++) Analysts $25.00 PT, $15 PT, $11 PT Analyst Coverage: H.C. Wainwright & Co., Cantor Fitzgerald, Jones Research About Mainz Biomed NV Mainz Biomed develops market-ready molecular genetic diagnostic solutions for life-threatening conditions. The Companyâs flagship product is ColoAlert, an accurate, non-invasive and easy-to-use, early-detection diagnostic test for colorectal cancer. ColoAlert is marketed across Europe and the United Arab Emirates. The Company is currently running a pivotal FDA clinical study for US regulatory approval. Mainz Biomeds product candidate portfolio also includes PancAlert, an early-stage pancreatic cancer screening test based on real-time Polymerase Chain Reaction-based (PCR) multiplex detection of molecular-genetic biomarkers in stool samples. Mainz BioMed (MYNZ) Aims to Become a Leader in The Multi-Billion Doâllar Colorectal Cancer Diagnostics Market! - ColoAlert holds potential as a Blockbuster Early Detection Test for Colorectal Cancer. - Designed for proâfitability, rapid commercial uptake, and broad consumer acceptance. - Mainz BioMed protects its intellectual property through trade secrets to control all critical reagents, processes and formulations. - Mainz BioMed is developing proprietary genetic testing methods for pancreatic cancer. New Premium Alert MYNZ is a diagnostics biotech company with near-term catalysts, small float, potential chart breakout, coming off of great news and recent multiple analysts coverage indicating 58%, 115%, 259% in upside potential. MYNZ Flagship Product is First DNA-based Screening
for Colorectal Cancer in Europe Note* Mainz Biomed's ColoAlert test is currently approved and commercially available in Europe and select International markets. Sales, commercial partnerships and marketing activities are starting to ramp up now! This leaves an open door for multiple near-term catalysts. MYNZ Enters Commercial Partnerships for ColoAlert with Two Independent Laboratories News Announced Feb. 15, 2023 - Mainz Biomed (NASDAQ: MYNZ) on Wednesday has formed commercial partnerships for ColoAlert with Marylebone Laboratory and Instituto de Microecologia, two leading independent laboratories covering England and Spain. Mainz Biomed (MYNZ) markets ColoAlert non-invasive test for colorectal cancer (CRC) screenings in Europe and being commercialized in select international markets via a differentiated business model of partnering with third-party laboratories for test kit processing versus the traditional methodology of operating a single facility. In the forthcoming weeks, Mainz Biomed will work with both partners to complete the necessary technical and co-marketing activities to ensure a successful commercial launch in these markets. Full Press Release Bullish Catalyst - Cantor Fitzgerald Initiated Coverage
of Mainz Biomed (Nasdaq: MYNZ) with an OW Rating and $15 Price Target. [ (Representing 115% in Upside Potential) ]( Initiating with Buy Rating and $15 PT Mainz Biomed Draws Bullish Views at Cantor Fitzgerald on Potential in Colorectal Cancer Screening Cantor Fitzgerald initiated its coverage on Cancer test maker Mainz Biomed B.V. (NASDAQ: MYNZ) with an Overweight recommendation noting the companyâs prospects in colorectal cancer screening. MYNZ markets ColoAlert non-invasive test for colorectal cancer (CRC) screenings in Europe, and its âEuropean sales provide near-term revenue potential while the company prepares to enter the U.S. market,â the analyst Ross Osborn argues. The analyst issues positive views on the E.U. and U.S. CRC screening market, estimated at $13BIL, and notes that the companyâs partnership model is likely to improve the adoption of ColoAlert compared to a direct-marketing approach. Commenting on MYNZâs valuation disparity with Exact Sciences Corporation (EXAS), its U.S.-based rival in colorectal screening, Osborn argues that the company can close the valuation gap as its sales âvolumes accelerate and ColoAlert receives FDA approval.â The price target at $15 implies over 115% upside to Friday Feb 17th, closing price but stands lower than the current average price target for MYNZ on Wall Street. Bullish Catalyst - Jones Research Initiated Coverage
of Mainz Biomed (Nasdaq: MYNZ) with an Buy Rating and $11 Price Target. [ (Representing 58% in Upside Potential) ]( Initiating with Buy Rating and $11 PT Jones Research Initiated February 9th, 2023 - Staking Its Claim
In The Booming CRC Screening Market Jones Research Report Highlights: "The future one sample â multiple screenings. In addition to efforts to improve early detection by incorporating mRNA biomarkers into ColoAlert, Mainz is developing PancAlert. PancAlert is a stool-based early detection screening test for pancreatic cancer. While the company is still evaluating the sensitivity of the product and it remains in the early research stage, we are intrigued by the possibilities of screening for multiple cancers using the same stool-sample (i.e., making use of both ColoAlert and PancAlert). Not only could this offer considerable synergies for Mainz, but it could also improve patient outcomes with no increased inconvenience. Theoretically, the company could expand beyond CRC and pancreatic cancer from there and provide early detection of multiple cancers that are amenable to stool-based screening. While we wait for clinical validation of PancAlert, however, we are not including future revenues in our model and leave the product as a source of potential upside for investors." "Key Catalyst: mRNA feasibility study readout (1H23); 2) begin enrollment in pivotal ReconAAsense trial (mid-2023)." "Valuation: Their $11 price target is based on risk-adjusted discounted cash flow (DCF) valuation with cash flows forecasted through 2034, along with a 12.5% discount rate and a 0% terminal growth rate. We assume a probability of success of 90% for ColoAlert in the U.S." Mainz Biomed (Nasdaq: MYNZ) Targets Multi-Billion-Doâllar Sales
Opporâtunity With Best-In-Class Cancer Screening Diagnostics Mainz Biomed (NASDAQ: MYNZ) is showing bullish momentum following several milestones reached, including strengthening its board and medical advisory team and expanding its best-in-class cancer diagnostics products deeper into international markets. Mainz Biomed (Nasdaq: MYNZ) Has Demonstrated
the Ability to Run Up Fast! While the recent bullish action is impressive, it's likely the potential precursor of more significant moves to come. Multiple Analysts on Wall Street released target price's on MYNZ which I listed above. MYNZ is currently hovering around approx. $7.00/share. If you're looking for a potential double or even a triple-digit-breakout, analysts predict this is the stock to do that. Now Turn Your Complete Attention to MYNZ
Our New Premium Biotech Breakout Alert For Tuesday! Take a look at the Chart below, you will see roughly around this same time last year, MYNZ ran from approx. $7.00/share range to a high of $30.00. Back in January of 2022, I started tracking this company, and I began to see very clear breakout patterns happening over and over in short-term burst scenarios. I initiated coverage of MYNZ for the first time at the closing bell on January 4th, 2022, when the stock was trading at approx. $10/share. ...10 short-days later, MYNZ rocketed to a staggering high of $30.00/share. Around This Same Time Last Year MYNZ Rocketed From The Same Range of approx. $7.00/share to a High of $30.00! Take a Look at The Chart Below Image by Scanz Level II via Immediately turn your attention to Mainz Biomed (Nasdaq: MYNZ) or you could miss out on the next potential 200% Biotech Breakout Stock! Pre-Market Alert: MYNZ Could See Some Action Early Tuesday Morning! Just like the first time I initiated coverage on MYNZ, the stock could be in the beginning stages of a potential breakout to the upside⦠The first time I alerted MYNZ it went from $10.00 to a staggering high of $30.00 for a 200% gain in 10 days⦠You will want to hurry and pull MYNZ up as soon as possible. Mainz Biomed is setting up to be a key player in the extremely Booming Billion Doâllâar Biotech sector focusing on âearly detection of cancerâ using its Blockbuster Early Detection Test for Colorectal Cancer! MYNZ Has â10â Key Potential Breakout Catalysts That Provide A Very Bullish Outlook! Catalyst #1: Multiple Analysts Bullish on MYNZ, following latest updates and Blockbuster News. See below Catalyst #2: H.C. Wainwright Initiated Coverage of MYNZ with a Buy rating and $25 Price Target. Representing 259% in upside potential. Catalyst #3: Cantor Fitzgerald Initiated Coverage of MYNZ with an OW Rating and $15 Price Target. Representing 114% in upside potential. The analyst issues positive views on the E.U. and U.S. CRC screening market, estimated at $13 Billion, and notes that the companyâs partnership model is likely to improve the adoption of ColoAlert compared to a direct-marketing approach. Commenting on MYNZâs valuation disparity with Exact Sciences Corporation (EXAS), its U.S.-based rival in colorectal screening, Osborn argues that the company can close the valuation gap as its sales âvolumes accelerate and ColoAlert receives FDA approval.â Catalyst #4: Jones Research Initiated Coverage of MYNZ with an Buy Rating and $11 Price Target. Representing 58% in upside potential. We are intrigued by the possibilities of screening for multiple cancers using the same stool-sample (i.e., making use of both ColoAlert and PancAlert). Not only could this offer considerable synergies for Mainz, but it could also improve patient outcomes with no increased inconvenience. Theoretically, the company could expand beyond CRC and pancreatic cancer from there and provide early detection of multiple cancers that are amenable to stool-based screening. While we wait for clinical validation of PancAlert, however, we are not including future revenues in our model and leave the product as a source of potential upside for investors." Catalyst #5: Mainz Biomed states that they will be seeking to obtain FDA approval for ColoAlert. The company just appointed Karen Richards as Vice President, Regulatory Affairs to lead the company through the FDA Approval Process. According to a recent press release from MYNZ, the company CEO stated that Karen Richards brings specific expertise in shepherding diagnostic products through the U.S. regulatory process. ColoAlert is currently marketed across Europe with an FDA clinical study and submission process intended to be launched in the first half of 2022 for U.S. regulatory approval. If Mainz Biomed gets FDA Approval for ColoAlert, who knows what could happen to the share price of MYNZ. FDA Approval could send the share price of MYNZ soaring. Catalyst #6: Mainz Biomed (MYNZ) is in the same space as Exact Sciences Corporation (EXAS) and over the last 5 years, their stock price has ran as much as +736.84% and currently has a market cap of over $11BIL which is around approx. 130x times the size of MYNZ. If Mainz Biomed could potentially grow its market cap equal to the current size of Exact Sciences Corporation (EXAS), that could mean a share price appreciate from around $10.39 to over $1,350 or the equivalent of a +12,893.26% potential gain. A move like that would be like turning $5,000 into over $600,000. Catalyst #7: Mainz Biomed (MYNZ) could potentially become the acquisition target of a much larger player in the space. Within the last year there have been multiple noteworthy acquisitions like Roche to acquire GenMark Diagnostics for $1.8BIL, DiaSorin to buy Luminex for $1.8BIL, Quidel Corporation (Nasdaq: QDEL) acquire Ortho Clinical Diagnostics (Nasdaq: OCDX) for $6BIL. There seems to be some deal making heating up in this space and if a larger player shows interest in (MYNZ), there is no telling what could potentially happen to the share price. Catalyst #8: Mainz Biomed (MYNZ) is listed on the NASDAQ exchange which allows pre-market trading. If there is any significant pre-market activity before the opening bell on Tuesday morning, things could heat up very fast when buying attracts more buying as investors and traders look to position themselves ahead of the crowd. You need to have (MYNZ) pulled up on your screen and ready for some action if this thing looks like it's ready to break out to the upside. Catalyst #9: Mainz Biomed is led by a very seasoned and experienced Management Team. The company's CEO, Guido Baechler has over 30 years of global experience leading public & private life science companies. Its CFO, William Caragol, has over 30 years of experience working with growth stage technology companies and is the Ex-Board Chair of Thermomedics, Inc., a privately held medical diagnostic equipment company. Karen Richards was recently appointed as Vice President of Regulatory Affairs, responsible for driving the development of new IVD products in compliance with regulatory requirements which is particularly important as she brings specific expertise in shepherding diagnostic products through the U.S. regulatory process, including the FDA. Catalyst #10: The Company made key appointments to the management team and enhanced its Board of Directors and Medical Advisory Board: Darin Leigh, Chief Commercial Officer â Mr. Leigh is a former Abbott and Luminex executive with over 30 years of In Vitro Diagnostic (IVD) and life science experience. Amy Levin, Vice President of Regulatory Affairs â Ms. Levin brings to Mainz Biomed over 20 years of regulatory affairs experience. Previously, she worked as Director, Roche Molecular Diagnostics (RMD) International Regulatory Affairs. Jane Edwards, Vice President of Clinical Affairs â Ms. Edwards, has over 20 years of experience developing clinical trial strategies in diagnostics and medical devices. She was previously at L3 Healthcare, a full-service contract research organization, where she led clinical research and operations. Frank Krieg-Schneider, Vice President of Development â Mr. Krieg has over 25 years of experience in the diagnostics and life science industry, including leading various divisions within Qiagenâs diagnostic and life science practice, heading up research and development for Diagnostic Sample Preparation and later serving as Head of Global Strategic Alliances. Final Thoughts⦠The ticker MYNZ is listed on the NASDAQ and has the ability to trade in after market trading hours and pre-market! Remember, any significant pre-market activity could potentially trigger a buâying frenzy at the opening bell! The first time I alerted MYNZ it went from $10.00 to a staggering high of $30.00 for a 200% gain. For those of you who missed MYNZ the first time I alerted it, when it went from $10.00 to a staggering high of $30.00. I would hate to see you miss out again. I'm urging you and all of my 10XProTrader community to add MYNZ to the very top of their watch list right now, and be ready Tuesday morning at the opening bell! 10X Your Wealth, Kevin Vander
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