Unilife Corporation (NASDAQ: UNIS) has been issued a revised 12 month price target of $10.50 by Griffin Securities.

The Griffin Securities Report points out that a combination of the company's new manufacturing plant, marketing strategy, and a recent capital raise of over 22 million dollars for the over 200% increase to their target price for the stock in the next 12 months.

Unilife currently has a contract with Sanofi-Aventis for their pre-filled syringes, and has been in talks with over 20 different pharmaceutical companies to utilize the Unilife product with a variety of different injectable drugs.

To read the entire report by Griffin Securities, please visit:

http://www.proactivenewsroom.com/Blog/bid/60932/Griffin-Securities-updates-Unilife-with-10-50-price-target

Other active stocks are St. Jude Medical, Inc. (NYSE: STJ), Becton, Dickinson and Co. (NYSE: BDX) and ICU Medical, Inc. (NASDAQ: ICUI)

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Contact: Eric Jensen www.ionewswire.com 516.942.4910

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