Biosante Stock Falls On Unusually High Volume (BPAX)

NEW YORK ( TheStreet) -- Biosante Pharmaceuticals (Nasdaq: BPAX) is trading at unusually high volume Thursday with 10.4 million shares changing hands. It is currently at four times its average daily volume and trading down 12 cents (-3.9%) at $2.98 as of 3:41 p.m. ET.

Biosante has a market cap of $305.1 million and is part of the health care sector and drugs industry. Shares are up 89% year to date as of the close of trading on Wednesday.

BioSante Pharmaceuticals, Inc., a specialty pharmaceutical company, develops products for female sexual health and oncology.

TheStreet Ratings rates Biosante as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and weak operating cash flow. You can view the full Biosante Ratings Report.

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