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Onconetix, Inc. - BWV STOCK NEWS

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

Onconetix, Inc. (Nasdaq: ONCO), formerly Blue Water Biotech (BWV), delivers cutting-edge oncology therapeutics and diagnostics through products like ENTADFI® for prostate health and Proclarix® for cancer risk assessment. This page provides investors and healthcare professionals with essential updates on FDA approvals, clinical advancements, and strategic initiatives following the company’s acquisition of Proteomedix AG.

Access real-time insights into Onconetix’s commercial-stage developments, including product launches, partnership announcements, and financial disclosures. Our curated news collection ensures you stay informed about innovations in prostate cancer diagnostics and BPH treatment without speculative commentary.

Key updates include regulatory milestones for Proclarix®’s U.S. launch, ENTADFI®’s market performance, and executive leadership strategies under CEO Dr. Neil J. Campbell. Bookmark this page to monitor Onconetix’s progress in addressing unmet needs in oncology care while maintaining awareness of critical investment developments.

Rhea-AI Summary
Onconetix, Inc. (Nasdaq: BWV) has rebranded from Blue Water Biotech, Inc., focusing on oncology research, development, and commercialization. The company acquired Proteomedix, expanding its commercial portfolio with Entadfi® for benign prostatic hyperplasia and Proclarix® for prostate cancer diagnostics. Onconetix has transitioned away from preclinical vaccine programs to focus on targeted initiatives in oncology.
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Rhea-AI Summary
Blue Water Biotech, Inc. (Nasdaq: BWV) announced the acquisition of Proteomedix AG, a diagnostics oncology company, and the formation of a new entity, Onconetix, Inc. The acquisition provides Proteomedix shareholders with a 19.9% stake in Onconetix and establishes a European headquarters in Zurich, Switzerland. Onconetix's commercial products include Entadfi®, an FDA-approved therapeutic for BPH, and Proclarix®, a prostate diagnostics product. The new focus aligns with the market value drivers in oncology, led by President and CEO Dr. Neil J. Campbell.
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Blue Water Biotech, Inc. announces the execution of a non-binding term sheet for the acquisition of a private commercial stage oncology biotechnology company. This is part of the company's new business strategy focusing on oncology. The proposed transaction aligns with the market value drivers and expertise of the new leadership team. After stockholder approval, the target company's shareholders will own a majority of BWB.
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Blue Water Biotech, Inc. (Nasdaq: BWV) has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its Form 10-Q for the period ended June 30, 2023. The company is now current on its SEC financial reporting obligations.
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Blue Water Biotech, Inc. announces compliance with Nasdaq listing rule and strategic shift towards oncology. The company will focus on developing therapeutic, diagnostic, and service products in the field of oncology. The FDA-approved oral drug Entadfi® for benign prostatic hyperplasia will be launched in 2024. Previous acquisitions and vaccine programs will be de-prioritized as they do not align with the new focus.
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Blue Water Biotech announces new leadership team
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Blue Water Biotech, Inc. received a delinquency notification letter from Nasdaq due to non-compliance with filing its Quarterly Report on Form 10-Q. The company has 60 days to submit a plan to regain compliance. If accepted, they may have until February 20, 2024, to file the report. The delay is due to ongoing review of employee expenditures.
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Onconetix, Inc.

Nasdaq:BWV

BWV Rankings

BWV Stock Data

3.41M
13.90M
17.69%
23.45%
0.13%
Biotechnology
Healthcare
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United States
Cincinnati