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Tag: InflaRx N.V.

  • InflaRx (IFRX) Stock Sees After-Market Gains

    InflaRx (IFRX) Stock Sees After-Market Gains

    After-hours trading on Wednesday saw InflaRx N.V. (NASDAQ: IFRX) shares rise 11.61%, finishing at $2.50. This spike, which comes before the firm takes part in a major industry event, indicates that investors are becoming more optimistic about the company’s prospects for the future. Moreover, IFRX has an ST score of 40 on our screener in the biotechnology industry. Visit our screener link if you’re interested in biotechnology stocks with higher scores.

    InflaRx to Showcase Innovations at Guggenheim Biotech Conference

    InflaRx will be attending the esteemed Guggenheim SMID Cap Biotech Conference, which will take place in New York, NY, on February 5–6, 2025. The business, which is renowned for its groundbreaking work in anti-inflammatory treatments, especially for its improvements in complement system targeting, is anticipated to showcase its most recent studies and clinical breakthroughs. The event will be eagerly watched by investors and industry professionals as it offers InflaRx a chance to strengthen its standing in the biotech industry.

    EU Grants Exceptional Marketing Authorization for GOHIBIC

    InflaRx has been granted permission by the European Commission (EC) to market GOHIBIC or vilobelimab under special conditions, which is a major regulatory milestone. Adult patients with COVID-induced acute respiratory distress syndrome, or ARDS, are treated with systemic corticosteroids and invasive mechanical ventilation, or IMV, with or without extracorporeal membrane oxygenation, or ECMO.

    GOHIBIC, the first and only approved drug for COVID-induced acute respiratory distress syndrome in the EU, exemplifies InflaRx’s commitment to addressing critical care units’ pressing unmet medical needs. The authorization extends to Iceland, Liechtenstein, Norway, and all 27 EU countries. InflaRx is looking at local business partnerships and distribution, but the company does not anticipate that these efforts will significantly lower its capital burn rate.

    Emergency Use Permission in the United States

    If administered within 48 hours after the initiation of IMV or ECMO, the GOHIBIC Emergency Use Authorization (EUA) has been approved by the US Food and Drug Administration (FDA) to treat hospitalized patients with COVID-19. The EUA remains in place for the duration of the COVID-19 public health emergency, providing temporary access to this essential treatment option for healthcare providers.

  • 15 Trending Stocks in Biotechnology Industry

    15 Trending Stocks in Biotechnology Industry

    This year, biotech companies on the stock exchange have skyrocketed. This is no surprise since biotech firms are the leaders in the battle against the coronavirus pandemic. Even with Pfizer’s first vaccine in the UK, investors and pharmaceutical companies are well aware that the race is far ahead.
    Other diseases should not be ignored apart from coronavirus vaccines. The biotech sector is also creating headlines and innovating in areas linked to dementia, cancer, hereditary disorders, etc. Given the above, buyers are probably faced with the difficulty of choosing the best ones to purchase.

    Curis Inc. (NASDAQ:CRIS) shares were trading up 354.86% at $6.55 at the time of writing on Tuesday following announcement of proposed public offering of common stock.

    Curis Inc. (NASDAQ:CRIS) share price went from a low point around $0.62 to briefly over $3.59 in past 52 weeks, though shares have since pulled back to $6.55. CRIS market cap has remained high, hitting $409.70M at the time of writing, giving it price-to-sales ratio of more than 30.

    If we look at the recent analyst rating CRIS, Laidlaw initiated coverage on CRISshares with a Buy rating.

    Lexicon Pharmaceuticals Inc. (LXRX) last closed at $3.08, in a 52-week range of $1.03 to $5.33. Analysts have a consensus price target of $2.37. On November 17, 2020, the firmreported that both the SOLOIST and SCORED Phase 3 studies achieved their primary endpoints by demonstrating statistically significant reductions in total cardiovascular deaths, hospitalizations for heart failure and urgent heart failure visits in patients treated with sotagliflozin as compared with placebo.

    IGM Biosciences Inc. (IGMS) stock soar by 57.75% to $115.03 after declaringpricing of upsized $200 million public offering. The most recent rating by Robert W. Baird, on July 17, 2020, is at an Outperform.

    Infinity Pharmaceuticals Inc. (NASDAQ:INFI) Shares headed rising, higher as much as 29.44%. The company will hold a conference call on Wednesday, December 9, 2020 at 10:00 a.m. ET to discuss clinical data from ongoing studies evaluating eganelisib in triple negative breast cancer (TNBC) The most recent rating by Oppenheimer, on June 27, 2019, is at an Outperform.

    Oncternal Therapeutics Inc. (NASDAQ:ONCT) rose 27.64% after gaining more than $1.1 on Tuesday after reporting updated interim clinical data from the ongoing Phase 1/2 CIRLL (Cirmtuzumab and Ibrutinib targeting ROR1 for Leukemia and Lymphoma) clinical trial.

    Proteostasis Therapeutics Inc. (PTI) last closed at $1.23, in a 52-week range of $0.87 to $4.72. The firm reported on November 16, 2020. a net loss of approximately $8.2 million for the three months ended September 30, 2020, as compared to a net loss of $12.8 million for the same period in the prior year.

    InflaRx N.V. (IFRX) stock soar by 18.27% to $4.79. The most recent rating by SVB Leerink, on November 06, 2020, is at an Outperform.

    Syros Pharmaceuticals Inc. (NASDAQ:SYRS) Shares headed rising, higher as much as 17.47% after closing $90.5 million strategic financing. The most recent rating by H.C. Wainwright, on November 04, 2020, is at a Buy.

    Aerpio Pharmaceuticals Inc. (NASDAQ:ARPO) rose 16.28% after gaining more than $0.28 on Tuesday.

    Ampio Pharmaceuticals Inc. (AMPE) last closed at $1.35, in a 52-week range of $0.31 to $1.39. The firm recently revealed that it will conduct its annual meeting in a virtual format only on December 12, 2020 at 9:00 am MST.

    Regulus Therapeutics Inc. (RGLS)stock soar by 15.19% to $0.93 following the closing of $19.4 million private placement of equity. The most recent rating by B. Riley FBR Inc., on March 28, 2018, is at a Neutral.

    Cancer Genetics Inc. (NASDAQ:CGIX) Shares headed rising, higher as much as 14.79%. The most recent rating by Maxim Group, on December 07, 2017, is at a Buy.

    Marinus Pharmaceuticals Inc. (NASDAQ:MRNS) fall -11.85% after losing more than -$1.85 on Tuesday. The healthcare firm lately declared pricing of $70 million public offering of common stock, which is expected to close on or about December 10, 2020.

    iBio Inc. (IBIO) last closed at $1.31, in a 52-week range of $0.19 to $7.45 after declaring pricing of $35 million public offering of common stock. Analysts have a consensus price target of $2.00.

    Vaccinex Inc. (VCNX) stock soar by 14.08% to $2.35. The most recent rating by BTIG Research, on September 23, 2020, is at a Neutral.