[Update] New Alert Released News This Morning

AwesomeStocks Hello! PRPH, our newest alert, released news this morning that could be another positive growth catalyst for the company. Here is the announcement from this morning: “ProPhase Labs hires Dr. Matthew Halpert to Drive Company’s Key Therapeutic and Diagnostic Oncology Programs” “GARDEN CITY, NY, May 08, 2023 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH), a next generation biotech, genomics and diagnostics company, today announced that Dr. Matthew Halpert has been hired as a full-time consultant to drive the Company’s key therapeutic and diagnostic programs forward which will comprise the backbone of ProPhase’s efforts in both advanced cancer therapeutics and targeted cancer diagnostics.” Here are some of the company’s comments from this press release: “Having started several oncology focused companies, Dr. Halpert is perfectly qualified to help ProPhase develop Linebacker-1 as both a mono-therapy and co-therapy in several difficult to treat cancers,” commented Ted Karkus, CEO of ProPhase Labs.” “Dr. Halpert will be a key participant in trial design, regulatory preparation and the potential commercialization of numerous therapeutic products at the Company. Dr Halpert has both the expertise and experience to assist and guide PBIO assets through all regulatory steps toward commercialization.” In addition: “Dr. Halpert has a unique perspective and strong track record as an objective and well-regarded scientist. He also understands how to execute along the pathway toward clinical inclusion and FDA approvability with an unmatched passion,” praised Ted Karkus, CEO of ProPhase Labs." Furthermore: “He will be working very closely with our team to expedite a cutting-edge Esophageal Cancer Test which has multi-billion-dollar potential and could be commercialized with CPT insurance codes in potentially less than 12 months, the multi-faceted Linebacker cancer treatment, and Equivir as a broad based anti-viral option (OTC/dietary supplement and Rx).” Looking forward, on Thursday the company announced: “ProPhase Labs to Host First Quarter 2023 Financial Results Conference Call on Thursday, May 11, 2023 at 11:00 a.m. Eastern Time” “GARDEN CITY, NY, May 04, 2023 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH), a next generation biotech, genomics and diagnostics company, will hold a conference call on Thursday, May 11, 2023, at 11:00 a.m. Eastern time to discuss its results for the first quarter ended March 31, 2023. A press release detailing these results will be issued prior to the call.” That’s this week… Following Friday’s alert, PRPH opened at 8.24 and rallied to a high of 8.89, so far experiencing upside of +7%. PRPH closed Friday at 8.36, above both its 20 and 50 day moving averages, a potentially positive indicator. PRPH has continued trending above its 20 and 50 day moving averages, providing the opportunity for a potential breakout higher. PRPH is positioning itself for increased growth as they further accomplish their plans. Sources: [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. 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