Healthcare

Enzolytics (ENZC) Stock Surged 20% Last Week: Here is Why

Those who are looking into stocks that clocked notable gains last week might do well to take a closer look at the Enzolytics Inc (OTCMKTS:ENZC) stock. The stock managed to deliver gains of as much as 20% after the company announced that it had made a key discovery.

Enzolytics announced that it discovered monoclonal antibodies on the HTVL-1 virus. It will then be used by Enzolytics to create monoclonal antibodies meant for targeting the virus.

It is a significant discovery for Enzolytics since at this point in time there are no anti-viral medicine or vaccines that can tackle HTVL-1 virus. However, this particular discovery from Enzolytics could prove to be a major breakthrough to that end. It is now going to be interesting to see how the company proceeds after making this discovery. In the meantime, investors could do well to keep an eye on the Enzolytics stock.