Best Healthcare Penny Stocks

Take a look at these 3 healthcare penny stocks to watch. The healthcare industry is a vibrant, fast-moving industry, so do some research outside this list.

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Contributor, Benzinga
May 31, 2023

Revive Therapeutics (OTCQB:RVVTF)

As a medical company, Revive Therapeutics Ltd. focuses on the research and development of treatment of rare disorders and infectious diseases. Revive Therapeutics has also received FDA approvals to use cannabidiol (CBD), psilocybin and Bucillamine to treat diseases.

RVVTF has a market cap of $101.5 million and an average daily trading volume of 3.5 million shares. It has a 52 week low of $0.26, a 52-week high of $0.70 and a 1-year return of 56.5%.

Last update: 11:31AM (Delayed 15-Minutes)
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Vol / Avg.29.123K / 240.099KMkt Cap7.582M
Day Range0.021 - 0.02252 Wk Range0.016 - 0.136


Antares Pharma Inc is a specialty pharmaceutical company. It is focused on the development and commercialization of self-administered parenteral pharmaceutical products and technologies. The company’s products include OTREXUP, Elestrin, Gelnique, Makena, and others.

Vol / Avg.- / -Mkt Cap-
Day Range- - -52 Wk Range- - -

Medical Marijuana (OTCPK:MJNA)

Medical Marijuana Inc. is currently 1 of the cheapest healthcare penny stocks with a price under $0.10. The company is positioned to profit from more relaxed laws on marijuana and CBD products. It’s already moving into markets that allow medical marijuana cards such as Arizona and California. It markets itself as the 1st cannabis company to trade publicly in the United States.

The company works through its subsidiaries like HempVap, CanChew Biotechnologies, Wellness Management Services, Red Dice Holdings, Kannaway and HempMeds Brasil. It’s working to be the 1st to market with government licenses in the United States and Brazil. MJNA is also leading efforts to bring cannabis products to Mexico.

Medical Marijuana Inc. is a pink sheet stock, so it has added risk. Pink sheet stocks are not carried through every broker. If you want to trade this company, make sure you’ve partnered with a broker that can actually trade it.

Last update: 12:00PM (Delayed 15-Minutes)
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Vol / Avg.626.005K / 7.737MMkt Cap16.189M
Day Range0.005 - 0.00552 Wk Range0.003 - 0.012


BIMI International Medical Inc is a healthcare product and provider, offering a broad range of healthcare products and related services and operates two private hospitals in China.

Last update: 12:02PM (Delayed 15-Minutes)
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Vol / Avg.6.201K / 21.930KMkt Cap13.178M
Day Range1.760 - 1.95052 Wk Range0.480 - 4.435

Stem Cell Authority (OTCPK:SCAL)

Stem Cell Authority Ltd operates in the medical care industry. The company is engaged in finding stem cell doctor and offers stem cell therapy for hips, knee, and elbows. The firm also offers stem cell treatment for chronic pain and arthritis.

Last update: 3:41PM (Delayed 15-Minutes)
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Vol / Avg.0 / 10.025KMkt Cap-
Day Range- - -52 Wk Range0.000 - 0.010

An aging population and the ongoing need for healthcare makes the healthcare industry expand market caps and offers big trading opportunities. The expansion of healthcare includes many healthcare penny stocks that may benefit from increased attention to the industry. New attention means new dollars for research and development and investors are betting on the companies that will turn out new products.

Quick Look at the Best Healthcare Penny Stocks:

Overview: Healthcare Stocks

The 2 main groups within the healthcare industry are healthcare equipment and services and pharmaceuticals, biotechnology and related life sciences. 

Industry leaders such as Pfizer (NYSE: PFE) and Merck and Co. (NYSE: MRK) can hold value during recessions. As the healthcare market hit lows during the coronavirus scare, these blue-chip companies brought hope for a vaccine from Gilead Sciences (NASDAQ: GILD), Inovio Pharmaceuticals (NASDAQ: INO) and others. Smaller stocks piggybacked on the positive attention and attracted investors.

Penny stocks provide some of the best opportunities for short-term gains in the healthcare industry. The coronavirus also created many buying opportunities and depressed the prices of stocks across the board. 

Best Online Brokers for Healthcare Stock

The broker you choose will likely affect the success of your trades within the healthcare industry. If you are a short-term trader, it’s especially important that you pick an online broker that you can trust. You’ll need a broker with good execution, an intuitive user interface to minimize human error and a timely news service for up-to-the-second reports. 

Consider these online brokers as a great match for your investment style. Certain brokers don’t deal in penny stocks, so make sure you pick a broker that does. 

Brokers that deal with penny stocks may also charge additional commissions, depending on how difficult the stock is to obtain. Consider these fixed costs in your investments.

Profit from Healthcare Penny Stock

Healthcare is an important investment sector to watch. It may become more volatile than normal and provide many trading opportunities. 

Don’t let the lure of quick profits distract you from proper research to vet trades. There are plenty of opportunities to make money, but profitability can come at the expense of unprepared investors. Learn how to trade penny stocks and put your healthcare research to work.

Frequently Asked Questions


What is healthcare penny stocks?


Healthcare penny stock is shares of low-value companies that are related to the healthcare industry.


Are healthcare stocks a good investment?


Healtcare is an industry is always in demand, making healthcare stocks a typically good investment.


Which healthcare penny stocks should I invest in?


You can find Benzinga’s list of recommended healthcare penny stocks on the list above.