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Biophytis SA American Depositary Share (0.01 Euro) - BPTS STOCK NEWS

Welcome to our dedicated page for Biophytis SA American Depositary Share (0.01 Euro) news (Ticker: BPTS), a resource for investors and traders seeking the latest updates and insights on Biophytis SA American Depositary Share (0.01 Euro) stock.

Biophytis SA (Symbol: BPTS) is a clinical-stage biotechnology company dedicated to developing drug candidates for age-related diseases. Founded in 2006 as a spin-off from Université Pierre et Marie Curie (Paris), Biophytis focuses on addressing conditions that become increasingly prevalent with aging, such as sarcopenia, dry age-related macular degeneration, and COVID-19-related respiratory issues.

The company's leading drug candidate, Ruvembri™ (20-hydroxyecdysone), has shown promising results in clinical trials. It is currently being evaluated in several rigorous studies, including the phase 3 SARA-31 study for sarcopenia and a phase 2-3 study for severe COVID-19. The SARA-INT phase 2 study demonstrated notable improvements in physical performance, evidenced by the 400 Meter Walking Test results.

Biophytis has also recently initiated the OBA clinical program, which aims to explore the efficacy of BIO101 (20-hydroxyecdysone) in treating obesity, especially in patients who are also being treated with GLP-1 receptor agonists. This program addresses the often-overlooked issue of muscle loss during obesity treatment, aiming to preserve muscle function while facilitating weight loss.

The company operates out of Paris, France, and Cambridge, Massachusetts, and is actively seeking partnerships to further develop and market its drug candidates. Biophytis' American Depositary Shares (ADS) are traded on the Nasdaq Capital Market under the ticker BPTS, while its ordinary shares are listed on Euronext Growth Paris under the ticker ALBPS.

In terms of financial health, Biophytis has successfully secured financing to sustain its activities until early 2025, despite a challenging financial environment for the biotech sector. This stable financial footing allows the company to continue its innovative work and expand its clinical programs.

Stay updated with the latest from Biophytis, including their groundbreaking research and strategic developments, by visiting their official website.

Rhea-AI Summary
Biophytis, a clinical-stage biotechnology company, has received a notice of delisting from Nasdaq due to non-compliance with the minimum stockholders' equity requirement. The company plans to request a hearing before a Nasdaq Hearings Panel to present its plan for regaining compliance.
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Biophytis achieves key milestones in the development of Sarconeos (BIO101) for market access in severe forms of Covid-19. Phase 3 trials approved in the US and Belgium for sarcopenia. Cash position and secured financing provide visibility for over 12 months.
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Biophytis and Skyepharma partner to produce regulatory batches of Sarconeos (BIO101) for severe forms of Covid-19, securing production of finished product batches of leading drug candidate.
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Biophytis receives response from French National Authority for Health regarding Early Access Authorization for COVID-19 treatment
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Biophytis strengthens management team with new appointments
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Biophytis receives FDA authorization for SARA-31 study in the US, the first phase 3 study in sarcopenia. The study is scheduled to start in 2024, pending partnership agreements and financial resources. CEO expects growing interest in Sarconeos as a therapeutic response for sarcopenia.
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Biophytis SA CEO to present at H.C. Wainwright 25th Annual Global Investment Conference
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Biophytis plans next regulatory steps for its COVA project, receives feedback from EMA and FDA
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Biophytis receives positive opinion to conduct phase 3 study for sarcopenia treatment; potential market of 30 million patients worldwide
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Biophytis SA (BPTS) Announces Filing for Pre-Submission Meeting with FDA for Emergency Use Authorization of Sarconeos (BIO101) in Severe COVID-19 Cases
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FAQ

What is the current stock price of Biophytis SA American Depositary Share (0.01 Euro) (BPTS)?

The current stock price of Biophytis SA American Depositary Share (0.01 Euro) (BPTS) is $8.22 as of April 25, 2024.

What is the market cap of Biophytis SA American Depositary Share (0.01 Euro) (BPTS)?

The market cap of Biophytis SA American Depositary Share (0.01 Euro) (BPTS) is approximately 2.4M.

What is Biophytis SA specialized in?

Biophytis is specialized in developing therapeutics for age-related diseases, including sarcopenia, dry age-related macular degeneration, and severe COVID-19.

What is RuvembriTM?

RuvembriTM (20-hydroxyecdysone) is Biophytis' lead drug candidate, currently under phase 3 clinical trials for sarcopenia and phase 2-3 trials for severe COVID-19.

Where is Biophytis SA located?

Biophytis SA operates from Paris, France, and Cambridge, Massachusetts, USA.

What recent achievements has Biophytis made?

Biophytis has launched the OBA clinical program for obesity treatment and received approvals to initiate phase 3 trials for sarcopenia in the US and Belgium.

How is Biophytis funded?

Biophytis has secured financing to support its operations until early 2025, despite a challenging financial environment for the biotech sector.

What is the SARA-INT study?

The SARA-INT study is a phase 2 clinical trial that showed significant improvements in physical performance in sarcopenia patients treated with RuvembriTM.

What stock markets are Biophytis' shares listed on?

Biophytis' ordinary shares are listed on Euronext Growth Paris (Ticker: ALBPS), and its ADSs are listed on the Nasdaq Capital Market (Ticker: BPTS).

What is the focus of the OBA clinical program?

The OBA program focuses on evaluating BIO101 (20-hydroxyecdysone) for treating obesity, particularly in patients also using GLP-1 receptor agonists.

What is Biophytis' financial outlook?

Biophytis has secured financing to sustain its activities until early 2025 and aims to continue advancing its clinical programs.

How can I stay updated on Biophytis' developments?

You can stay updated by visiting Biophytis' official website at www.biophytis.com.

Biophytis SA American Depositary Share (0.01 Euro)

Nasdaq:BPTS

BPTS Rankings

BPTS Stock Data

2.36M
1.40B
0.05%
3.22%
Biotechnology
Healthcare
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United States of America
Paris