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Obama-Care Focused on Preventive Medicine

In addition to bullish outlooks for generic drugs and Health IT , President-Elect Obama's healthcare plan plans to focus on public health initiatives and mandated coverage of preventive services such as cancer screenings. The accompanying table presents statistics and the top five rated companies in the ETFI Preventive Medicine Index, including vaccine makers such as Emergent BioSolutions (EBS), diabetes care companies such as Novo Nordisk (NVO), diagnostic companies such as Sequenom (SQNM) and Myriad Geneti

• A decade after dazzling Wall Street with big promises and slender earnings, biotech firms specializing in genetic research have returned with a vengeance -- and even more big promises and slender earnings.
• Rising powers such as San Diego-b

Filed under: Good news, Technical Analysis, Stocks to Buy

Sequenom (NASDAQ: SQNM) makes the MassARRAY system, a nucleic acid analysis platform that identifies and quantifies genetic target materials. The system is composed of electronic analysis equipment, related software and various consumables. It is used in biomedical research, livestock testing, oncology diagnoses, molecular medicine, noninvasive prenatal testing, and infectious disease identification. Customers include clinical research laboratories, biotechnology concerns, and universities.

The company surprised the Street last week, w