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Aditxt, Inc. - ADTX STOCK NEWS

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. (NASDAQ: ADTX) is an innovative life sciences company specializing in the development and commercialization of immune monitoring and modulation technologies. The company's mission is to advance humanity into the 'age of immunity' by decoding and harnessing the immune system for better health outcomes.

Aditxt's portfolio includes two flagship programs: Adimune™ and AditxtScore™. Adimune™ is focused on creating immunotherapies that promote tolerance to transplanted organs, while AditxtScore™ offers advanced immune monitoring solutions. The company's products and technologies aim to address critical medical needs, such as preventing organ transplant rejection, managing autoimmune diseases, and providing personalized diagnostic insights.

Recently, Aditxt has expanded its reach by acquiring strategic assets and forming new partnerships. Notably, its subsidiary Pearsanta, Inc. acquired MDNA Life Sciences’ proprietary early disease and cancer detection platform, including Mitomic™ technology. This acquisition enhances Aditxt's capabilities in precision diagnostics and early disease detection, with applications spanning various cancers and other serious health conditions.

Financially, Aditxt has shown robust growth through strategic acquisitions and innovative product development. The company’s commitment to enhancing patient outcomes through cutting-edge technologies is evident in its expanding product line and growing market presence.

For more information, visit the official website at aditxt.com.

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Aditx Therapeutics (NASDAQ: ADTX) will present a corporate overview at the H.C. Wainwright 22nd Annual Global Investment Conference on September 16, 2020, at 3:00 PM EDT. CEO Amro Albanna will deliver the presentation and is set for virtual one-on-one meetings with investors during the conference. Aditx focuses on advancing technologies to enhance immune system health through monitoring and reprogramming. The presentation can be accessed live via the provided webcast link.

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Aditx Therapeutics announced the successful closing of a $9.6 million underwritten public offering, issuing 2,400,000 units at $4.00 each. Each unit includes one share of common stock and two types of warrants: Series A-1, exercisable at $3.19, and Series B-1, exercisable at $5.00. The warrants have a 5-year expiration. To accommodate large stakeholders, non-voting Series A Convertible Preferred Stock is also available. The offering's registration was effective as of September 1, 2020, with no intention to list the warrants or Preferred Stock. Aditx focuses on immune system health innovations.

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Aditxt Therapeutics, a life sciences company focused on immunology, has appointed Dr. Drew Pinsky as Senior Advisor for their AditxtScore™ platform, effective September 1, 2020. Dr. Drew, known for his work as a physician and media personality, will assist in developing AditxtScore™, aimed at scoring immunity to COVID-19 and other diseases. His dual role includes advising on marketing strategies and introducing the platform to medical and consumer markets. Aditxt aims to enhance immune monitoring and reprogramming technologies in healthcare.

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Aditx Therapeutics (NASDAQ:ADTX) will present at the LD 500 investor conference on September 3, 2020, at 12:20 PM ET. The presentation will be led by CEO Amro Albanna and will include opportunities for virtual one-on-one meetings with investors. The conference runs from September 1-4, 2020. Interested parties can access the live webcast here. Aditx focuses on biotechnologies designed to enhance immune system health through monitoring and reprogramming.

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Aditx Therapeutics, a life sciences company focused on immune system health, has appointed Dr. Joachim-Friedrich Kapp as Vice President of Clinical Development, Autoimmunity, effective immediately. Dr. Kapp will oversee all clinical trial preparations for Aditxt’s planned Phase I/IIA trials starting in 2021, particularly focusing on psoriasis. With over 30 years of expertise, including roles at FDA and EMA, Dr. Kapp is expected to enhance Aditxt's clinical strategies. This strategic appointment aligns with Aditxt's goal to advance its immune reprogramming technology aimed at treating autoimmune conditions.

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Aditxt Therapeutics, Inc. (Nasdaq: ADTX) has announced plans to file for Emergency Use Authorization (EUA) and a 510(k) application for its AditxtScore™ for COVID-19, a multiplex assay for detecting SARS-CoV-2 antibodies. Validated by Stanford Blood Center, this platform distinguishes various antibody isotypes (IgG, IgM, IgA) simultaneously, enhancing detection sensitivity. Aditxt aims for regulatory submissions by Q3 2020 and anticipates launching pilot programs in Q4 2020 and commercial availability in Q1 2021. The AditxtScore™ may also be used for evaluating immune responses to vaccines.

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Aditx Therapeutics, Inc. (ADTX) will present virtually at the Zooming with LD event on July 28, 2020, at 11:00 AM ET. CEO Amro Albanna will lead the presentation, focusing on the company's efforts in immune system health through monitoring and reprogramming technologies. Interested participants can register to attend by accessing the provided link and selecting the date for the Zoom link. Aditx's technology aims to create personalized immune profiles and potentially retrain the immune system to combat organ rejection, autoimmune diseases, and allergies.

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Aditxt Therapeutics has appointed Corinne Pankovcin as Chief Financial Officer, effective July 2, 2020. With 30 years of experience in public company finance, Pankovcin's previous roles include CFO at Business Development Corporation of America and BlackRock Capital Investment Corporation. Her expertise will support Aditxt's growth and strategic objectives. The company focuses on improving immune system health through innovative technologies. Pankovcin holds a Bachelor’s in Accounting and an MBA, and is a Certified Public Accountant.

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Aditxt announced the conversion of approximately $1.1 million in accrued compensation for its CEO, Chief Innovation Officer, and two senior advisors into equity units. This conversion aligns with the terms of the company's recent IPO, completed on July 2, 2020, where 1,226,668 units were sold for about $11.0 million. Each unit included one share of common stock and two types of warrants, allowing further stock purchases at specified prices. The company's immune monitoring and reprogramming technologies aim to enhance the immune system's health.

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FAQ

What is the current stock price of Aditxt (ADTX)?

The current stock price of Aditxt (ADTX) is $0.45 as of September 13, 2024.

What is the market cap of Aditxt (ADTX)?

The market cap of Aditxt (ADTX) is approximately 1.7M.

What is Aditxt, Inc.'s core business?

Aditxt, Inc. specializes in developing and commercializing technologies for monitoring and modulating the human immune system. Its key focus areas include preventing organ transplant rejection and managing autoimmune diseases.

What are the main products offered by Aditxt?

Aditxt's main products include Adimune™, which focuses on immune tolerance for organ transplants, and AditxtScore™, a platform for advanced immune monitoring.

What recent acquisitions has Aditxt made to enhance its capabilities?

Aditxt's subsidiary Pearsanta, Inc. recently acquired MDNA Life Sciences' early disease and cancer detection platform, including Mitomic™ technology. This acquisition expands Aditxt's capabilities in precision diagnostics.

What is the significance of Aditxt's Adimune™ program?

The Adimune™ program aims to create immunotherapies that promote tolerance to transplanted organs, helping to prevent organ rejection and manage autoimmune conditions.

How does AditxtScore™ contribute to the company's mission?

AditxtScore™ offers advanced immune monitoring solutions that provide personalized diagnostic insights, aiding in the management of immune-related diseases and improving patient outcomes.

What is Mitomic™ technology, and how does it benefit Aditxt?

Mitomic™ technology, acquired by Pearsanta, Inc., is an early disease and cancer detection platform that uses mitochondrial DNA to detect diseases at their earliest stages. This technology enhances Aditxt's precision diagnostics capabilities.

What financial achievements has Aditxt made recently?

Aditxt has shown strong financial growth through strategic acquisitions and product development. The company's expansion into new markets and innovative technologies underscores its commitment to improving patient outcomes.

Who are Aditxt's target customers?

Aditxt targets healthcare providers, researchers, and patients in need of advanced immunotherapy and diagnostic solutions, particularly those dealing with organ transplants, autoimmune diseases, and early disease detection.

How does Aditxt's strategic acquisition align with its mission?

Aditxt's strategic acquisitions, such as the MDNA Life Sciences' platform, align with its mission by enhancing its capabilities in precision diagnostics and early disease detection, which are critical for advancing public health.

Where can I learn more about Aditxt, Inc.?

For more detailed information about Aditxt, Inc. and its initiatives, visit their official website at www.aditxt.com.

Aditxt, Inc.

Nasdaq:ADTX

ADTX Rankings

ADTX Stock Data

1.66M
3.60M
1.15%
1.08%
12.93%
Biotechnology
Pharmaceutical Preparations
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United States of America
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