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ABVC BioPharma, Inc. - ABVC STOCK NEWS

Welcome to our dedicated news page for ABVC BioPharma (Ticker: ABVC), a resource for investors and traders seeking the latest updates and insights on ABVC BioPharma .

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ABVC BioPharma 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ABVC BioPharma 's position in the market.

Rhea-AI Summary
ABVC BioPharma, Inc. (NASDAQ: ABVC) announced the acquisition of TT Life Company by its subsidiary AiBtl BioPharma Inc. for $8.33M, with 1.66M AiBtl shares exchanged at $5 per share. The strategic move aims to expand AiBtl's portfolio in precision medicine, leveraging TT Life's manufacturing capabilities. This acquisition will enhance AiBtl's global presence and innovation in AI-integrated products for consumer wellness.
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End-of-Day
2.94%
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ABVC BioPharma, Inc. (NASDAQ: ABVC) has signed a global licensing agreement with OncoX for the treatment of NSCLC, expecting an aggregate income of $13.75M and royalties of up to $12.50M. The agreement covers the license for the clinical trial, registration, manufacturing, supply, and distribution rights of ABVC's single-herb botanical drug extract from the dry fruit body of Maitake Mushroom for NSCLC treatment. ABVC and its affiliate will receive a license fee of $12.5M in cash or shares, with additional milestone payments and royalties. The collaboration aims to accelerate the availability of the treatment worldwide, leveraging the strengths of both companies.
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End-of-Day
-8.93%
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ABVC BioPharma, Inc. (NASDAQ: ABVC) announced a potential licensing deal with OncoX BioPharma, Inc. for its Oncology/Hematology pipeline, involving $50M in licensing fees, milestone payments, and royalties. The company has FDA-approved INDs for various cancer treatments using innovative active ingredients. The partnership aims to revolutionize the sector and create significant value for stakeholders.
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End-of-Day
-3.39%
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ABVC BioPharma, Inc. (NASDAQ: ABVC) announced a global licensing agreement with ForSeeCon Eye for its Ophthalmology pipeline, including the medical device Vitargus® valued at $187M. The deal covers clinical trials, registration, manufacturing, supply, and distribution rights, with ABVC receiving $30M upfront and potential milestones. The partnership aims to enhance patient care and revenue generation, with ABVC continuing as R&D partner for new ophthalmic products.
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Rhea-AI Sentiment
End-of-Day
21.9%
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ABVC BioPharma, Inc. announces an agreement for the exchange of real estate for AIBL stock, valued at $7.6 million. The deal involves 1,533,333 shares at $5 per share, benefiting ABVC and its subsidiary BioLite, Inc. The transaction is expected to bring significant value to the assets and reduce manufacturing costs for drug products.
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End-of-Day
-1.03%
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ABVC BioPharma, Inc. CEO Dr. Uttam Patil recognized as a Top 10 CEO in Taiwan 2024 for his exceptional leadership and contributions. The Company has seen a rise in stock price, international growth, and success under his guidance. Dr. Patil's focus on innovation, sustainable practices, and community engagement reflects his commitment to excellence and long-term shareholder value.
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Rhea-AI Sentiment
End-of-Day
-3.45%
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ABVC BioPharma, Inc. announces 2023 financial results, strategic investments, licensing deals, and operational highlights.
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End-of-Day
-2.44%
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ABVC BioPharma, Inc. provides an update on the development of combination therapy for cancer and immunity booster dietary supplements derived from Maitake Mushroom. The company is marketing supplements and pursuing clinical trials of pharmaceutical compounds approved by the US FDA. BioKey, the company's subsidiary, is working on the manufacturing and distribution of these products, aiming to tap into the growing global markets for cancer therapeutics, dietary supplements, and pharmaceutical CDMO services.
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End-of-Day
-0.81%
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ABVC BioPharma, Inc. (NASDAQ: ABVC) signs a definitive agreement to license its healthcare-related expertise to Senior Paradise, Inc. for further development in the healthcare industry. The agreement includes leasing the Company's properties for projects such as a long-term care center and plant factories. SPI will pay ABVC $3M as a license fee and 2% royalties on revenues. The strategic partnership aims to maximize the value of ABVC's resources and potentially create a new revenue stream.
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End-of-Day
1.59%
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Rhea-AI Summary
ABVC BioPharma, Inc. (NASDAQ: ABVC) secures Australian patent for PDC-1421 extract for Major Depressive Disorder treatment until 2040. The Company's asset ABV-1504, a botanical-based NET inhibitor, completes Phase II studies for MDD. ABVC enters global licensing agreement with AiBtl BioPharma Inc. for CNS drugs, expecting significant revenue potential.
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Rhea-AI Sentiment
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1.52%
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ABVC BioPharma, Inc.

Nasdaq:ABVC

ABVC Rankings

ABVC Stock Data

14.78M
6.80M
26.97%
2.43%
12.47%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
FREMONT

About ABVC

american brivision (holding) corporation, a clinical stage biopharmaceutical company, develops drugs and medical devices to fulfill unmet medical needs in the united states. the company is developing abv-1501, a combination therapy for triple negative breast cancer; abv-1504 for major depressive disorders; abv-1505 for attention deficit hyperactivity disorder; abv-1703 for the treatment of pancreatic cancer; abv-1702 to treat myelodysplastic syndromes; and abv-1601 for treating depression in cancer patients. it has a co-development agreement with rgene corporation; collaboration agreement with biohopeking corporation to develop abv-1501; and collaborative agreement with biofirst corporation to co-develop bfc-1401 vitreous substitute for vitrectom; and license with biofirst corporation to research and develop a medical device, abv-1701 vitargus for the treatment of retinal detachment or vitreous hemorrhage. the company was founded in 2015 and is based in fremont, california. american br