Veteran biotech investors see more than their fair share of zombies. Not the flesh-eating kind popularized on the shows like The Walking Dead, but former highflying stocks banished to obscurity after a big drug failure only to rise again without valid reason. But every once in a while, you see a company come back stronger than before it was sent into the penny-stock wilderness.

In this video, Motley Fool health-care analyst discusses how Keryx Pharmaceuticals' impressive 76% pop and how key drug Zerenex's successful trial has reinvented Keryx into more than just a zombie biotech.