Biosante Stock Falls On Unusually High Volume (BPAX)

NEW YORK ( TheStreet) -- Biosante Pharmaceuticals (Nasdaq: BPAX) is trading at unusually high volume Wednesday with 7.4 million shares changing hands. It is currently at 4.3 times its average daily volume and trading down 39 cents (-15.5%) at $2.13 as of 4 p.m. ET.

Biosante has a market cap of $278.4 million and is part of the health care sector and drugs industry. Shares are up 49.4% year to date as of the close of trading on Tuesday.

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

TheStreet Ratings rates Biosante as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. You can view the full Biosante Ratings Report.

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