NEW YORK, NY / ACCESSWIRE / May 28, 2014 / EquitiesIQ, a leading provider of informational research, has provided an update to its research coverage of Alliqua, Inc. (Nasdaq: ALQA). Alliqua is a provider of advanced wound care solutions.
Read the update here: http://equitiesiq.com/reports/alliqua-update/
In March, the company announced that it had hired a 20-person direct sales force to promote its current suite of wound care products and to launch Biovance. On April 15th, the company raised approximately $20 million to fortify its balance sheet, fund sales and marketing efforts, and to be opportunistic and seek strategic product and/or business acquisitions.
Finally, Alliqua made its first acquisition, Choice Therapeutics, which is expected to become accretive to earnings and cash flow within the next twelve months.
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Important Disclosures and Disclaimers
The report described in this press release has been prepared by EquitiesIQ, LLC on behalf of Alliqua, Inc. (the "Company"), as part of investor relations services provided to Alliqua by EquitiesIQ. EquitiesIQ has been compensated for preparation of a research report and for related promotional activities, as fully disclosed on EquitiesIQ. David Moskowitz is the author of the report and the views regarding Alliqua expressed in the report accurately reflect the personal views of Mr. Moskowitz regarding Alliqua and its securities, as of the date of the report.
The research report is not an offer or solicitation to buy or sell the securities of the Alliqua. The report is for information purposes only, and is not intended to (and is provided explicitly on the condition that it not) be used as the sole basis to make any investment decision. Investors should make their own determinations whether an investment in any particular security is consistent with their investment objectives, risk tolerance, and financial situation. EquitiesIQ and its affiliates are not recommending any investments based on the information in the research report.
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