Zacks Initiates Coverage of Enzo Biochem With Neutral Recommendation

Enzo Biochem, headquartered in Farmingdale, NY, has carved a niche in molecular diagnostics. It provides an extensive array of technical platforms and reagent sets for biomedical research and translational science. The company's Life Science division supports a diverse range of applications, including cell biology and genomics, among others. The company maintains a robust balance sheet with $57.2 million in cash as of the fiscal third quarter, despite a reduction due to a significant paydown of accounts pay ...