Sirtex makes a recovery

The shares of biomedical company Sirtex have rebounded … but its next earnings results will show the true state of the company’s financial health.

PORTFOLIO POINT: Sirtex shares have gained 50% over the past six months, and analysts are tipping there is further to go based on the success of its liver cancer treatment.

Few companies on the Australian stock exchange have travelled a rockier road than Sirtex, a fact that has probably caused some investors to miss the latest revival of the firm, which is posting strong profits from its liver cancer treatment.

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