Welcome to our dedicated page for Aditxt news (Ticker: ADTX), a resource for investors and traders seeking the latest updates and insights on Aditxt stock.
Aditxt Inc (ADTX) is a pioneering biotechnology company developing innovative solutions to reprogram immune responses, with applications in organ transplantation and autoimmune disorders. This dedicated news hub provides investors and researchers with timely updates on clinical advancements, regulatory milestones, and strategic partnerships.
Access authoritative reporting on ADTX's flagship programs including Adimune for transplant tolerance and AditxtScore diagnostic platforms. Track developments in Apoptotic DNA Immunotherapy (ADi) and other novel approaches to immune modulation. The curated news feed covers earnings reports, research collaborations, and product pipeline updates while adhering to financial disclosure standards.
Bookmark this page for consolidated access to press releases, clinical trial data disclosures, and expert analyses of ADTX's position in the competitive immunotherapy landscape. Stay informed about technological breakthroughs through verified updates from primary sources.
Aditxt, Inc. (NASDAQ: ADTX) has partnered with CLX Health to enhance the global rollout of AditxtScore™ for COVID-19. This collaboration aims to expand sample collection sites through the TrustAssure network, which offers access to over 5,000 locations in the U.S. and 15,000 worldwide across 81 countries. AditxtScore™ provides individuals with a comprehensive immune profile, critical for travelers managing their health risks. This partnership is viewed as a strategic move to increase brand recognition for AditxtScore™ and improve public health responses during the COVID-19 pandemic.
Aditxt, Inc. has successfully closed its underwritten public offering of 2,833,333 common stock shares, priced at $1.50 per share, yielding gross proceeds of $4.25 million. The net proceeds, approximately $3.91 million after discounts, will partially fund obligations under a prior agreement with AiPharma Global Holdings made on October 4, 2021. The offering is executed under a shelf registration declared effective by the SEC on July 13, 2021. Aditxt focuses on innovations to enhance immune health through monitoring and reprogramming technologies.
Aditxt, a biotech innovation company focused on immune system health, announced that CEO Amro Albanna will present at the Dawson James Small Cap Growth Conference on October 21, 2021, at 2:50 p.m. ET in Jupiter, Florida. The conference aims to gather senior executives from approximately 40 small-cap growth companies in healthcare, technology, and consumer sectors, facilitating connections with institutional funds and high-net-worth investors. Aditxt specializes in immune monitoring and reprogramming technologies currently in pre-clinical development.
Aditxt (NASDAQ: ADTX) announced the pricing of an underwritten public offering of 2,833,333 shares at $1.50 per share, yielding gross proceeds of $4.25 million. The net proceeds, approximately $3.91 million, will be allocated to fulfill certain commitments under a Transaction Agreement with AiPharma Global Holdings, established on October 4, 2021. The offering is conducted under an effective shelf registration statement with the SEC. Revere Securities, LLC is the sole book-running manager for this offering.
Aditxt, a biotech innovation company, will be represented by CEO Amro Albanna at the LD Micro Main Event in Bel Air, California, on October 13, 2021, at 8:30 AM PT. The event runs from October 12-14, 2021, and offers opportunities for investors to engage in 1x1 meetings. Aditxt has launched its AditxtScore™ for COVID-19 test in several states, aiming for a nationwide rollout. This test is designed to enhance immune system monitoring, supporting efforts to return to normalcy.
On October 5, 2021, AiPharma Global Holdings announced a binding agreement to sell all its assets to Aditxt Inc. (NASDAQ: ADTX). This acquisition aims to enhance Aditxt's capabilities in developing treatments for infectious diseases. AiPharma holds exclusive rights to Avigan/Reeqonus, an antiviral drug that has treated over 1.5 million COVID-19 patients, with sales exceeding $150 million in 2021. The agreement follows a prior announcement regarding Aditxt's interest in acquiring AiPharma, and the deal is projected to close by the end of October 2021.
Aditxt, Inc. (Nasdaq: ADTX) has entered a transaction agreement to acquire AiPharma Global Holdings LLC's subsidiary, AiPharma, specializing in antiviral therapies, particularly Avigan/Reeqonus. The acquisition aims to bolster Aditxt's infectious disease segment, with a total loan amount of $15 million and share issuance of up to 65% of outstanding shares upon closing. Avigan has received marketing authorization in several countries, with a global Phase 3 trial for COVID-19 nearing completion. The transaction is subject to due diligence and necessary approvals.
Aditxt (Nasdaq: ADTX) announced significant executive changes to bolster its growth strategy. Corinne Pankovcin, previously CFO, is now President, collaborating closely with CEO Amro Albanna. Thomas J. Farley takes over as CFO, having been Controller since October 2020. Pankovcin has a strong track record, including leadership roles at Blackrock Capital Investment Corporation (Nasdaq: BKCC) and Business Development Corporation of America. These appointments aim to enhance Aditxt's operational efficiency as it expands its focus on immune health technologies.
Aditxt (NASDAQ: ADTX) has partnered with SphereDX to offer the AditxtScore for COVID-19, a comprehensive immune response monitoring tool. Initial tests in assisted living facilities revealed that one-third of vaccinated residents had suboptimal immune responses, with 8.1% showing no immune response. This partnership aims to enhance immune monitoring across Kentucky, Ohio, and Indiana, helping individuals make informed decisions regarding booster vaccinations and preventive measures. AditxtScore offers a detailed analysis of immune responses to various COVID-19 antigens.
Aditxt, Inc. (Nasdaq: ADTX) has successfully closed an $11 million registered direct offering and secured a bridge loan for its acquisition target, as announced on August 26, 2021. The company is pursuing an exclusive Letter of Intent (LOI) to acquire a biopharmaceutical firm developing a COVID-19 antiviral oral therapy, with a target completion date of September 30, 2021. The transaction may lead to Aditxt issuing shares equal to 50% of its outstanding shares post-transaction. The acquisition aims to enhance Aditxt's immune health technology and commercialization efforts.
