Welcome to our dedicated page for ENZOLYTICS news (Ticker: ENZC), a resource for investors and traders seeking the latest updates and insights on ENZOLYTICS stock.
ENZOLYTICS INC (ENZC) is a cutting-edge company focused on transitioning from drug development to sales, marketing, and distribution of medical devices, testing technology, and nutraceuticals. With recent investments in technologies like Room Temperature Single Photon Avalanche Diode (SPAD) and silicon photonics, the Company aims to revolutionize various industries including medical diagnostics, Lidar, AI computing, and space exploration.
Under the leadership of key executives like Harry Zhabilov, Barry Kostiner, and Steve Sharabura, ENZC is strategically collaborating with partners to drive innovation and bring transformative technologies to market. The recent investments and partnerships highlight the Company's commitment to growth, technological advancement, and improving patient well-being.
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Enzolytics Inc. announced the dismissal of the Dimitar Savov lawsuit in Nevada, marking the end of a two-year legal battle. The company updated on the OTC annual report progress and business model shift towards sales, marketing, and distribution services for medical devices, nutraceutical, and medical testing technology. Enzolytics is actively defending against litigation and expects to resolve administrative issues soon.
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Enzolytics, Inc. announces new board of directors and executive officers, along with an update on the formulation of a new business strategy. The company is targeting acquisitions, license agreements, and dividend distribution of SAGA shares.
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Enzolytics, Inc. appoints new board of directors and executive officers. The company aims to develop a new business strategy and pursue acquisition targets.
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Enzolytics, Inc. partners with The Khalpey AI Lab to use artificial intelligence in drug development to improve organ recovery and longevity. The collaboration aims to revolutionize medical science, introduce new testing services, and advance research on neurodegenerative diseases. The partnership is expected to lead to groundbreaking discoveries in aging research and the development of therapeutic solutions.
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Enzolytics, Inc. (ENZC) provides updates on the SAGA transaction, Virogenetics, Inc., and Biogenysis, Inc. progress. The company filed amended OTC Annual Report and quarterly disclosure, completed the sale of VIRO and BGEN to SAGA, and received 45 million SAGA shares. The African clinical trial for ITV-1 is being conducted in Ethiopia, with additional trials in Asia and India. VIRO's nutraceutical product line expansion and Biogenysis, Inc.'s progress in its PCT application for anti-SARS-CoV-2 Monoclonal Antibodies are also highlighted.
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Enzolytics, Inc. announces the sale of Biogenysis, Inc. and Virogentics Inc. to Sagaliam Acquisition Corp in a $450 million transaction, expected to trade on NASDAQ. The sale provides funding for the development of therapeutics for treating viruses.
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VIRO announces start date for ITV-1 clinical trials in late 2023 or early 2024. R&D Services will manage the trials in Bulgaria. VIRO's nutraceutical division shows growth in the North American market. Potential revenue of over $2 billion from autoimmune and diabetes markets. VIRO files utility patent applications. ENZC provides SAGA with draft of Business Combination Agreement. Enzolytics advancing multiple therapeutics targeting infectious diseases. ITV-1 has shown effectiveness in treating HIV/AIDS. VIRO has proprietary technology for producing monoclonal antibodies against infectious diseases.
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Enzolytics' subsidiary Biogenysis partners with Khalpey AI Lab and Contenta, Ltd. to identify biomarkers for early onset Alzheimer's disease, potentially leading to early diagnosis and preventative therapies. Alzheimer's disease affects over 6 million people in the US and is expected to double by 2050, resulting in an annual cost of nearly $1 trillion. Developing accurate diagnostic tests and biomarkers is crucial. The partnership aims to analyze the gut microbiota of thousands of patients to identify those at higher risk of developing dementia and design preventative treatments. This collaboration is a significant step forward in the fight against Alzheimer's disease.
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Biogenysis, a subsidiary of Enzolytics, has advanced its Patent Cooperation Treaty (PCT) application for Anti-SARS-CoV-2 Monoclonal Antibodies to the U.S. National Stage Application and the European Patent Organization. The pending applications cover 23 patent claims related to the antigens, antibodies, vaccines, and methods for treating and diagnosing SARS-CoV-2 infection. The Company's unique AI technology has identified conserved virus sites on the COVID-19 virus, allowing for the production of specialized monoclonal antibodies that can neutralize the virus even as it mutates. The expected patent protection is highly significant for the Company. The global market size for effective treatments in 2022 was $16.43 billion, and the global Monoclonal Antibodies market size was $185.50 billion in 2021 with an expected CAGR of 11.30% from 2022 to 2030.
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Enzolytics, Inc. subsidiary Virogentics has received an export permit for the delivery of treatments to HIV/AIDS patients in Africa. The results of this pilot clinical trial will be used for European Medicine Authority clinical trials. Sagaliam Acquisition Corp. has extended the time to consummate a business combination agreement with VIRO. The CEO of Sagaliam praises VIRO's progress and their potential to help people globally. VIRO is moving closer to administering their immunotherapy and listing on NASDAQ.
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FAQ
What is the current stock price of ENZOLYTICS (ENZC)?
The current stock price of ENZOLYTICS (ENZC) is $0.00095 as of December 20, 2024.
What is the market cap of ENZOLYTICS (ENZC)?
The market cap of ENZOLYTICS (ENZC) is approximately 4.7M.
What is ENZOLYTICS INC (ENZC) focused on?
ENZC is transitioning from drug development to sales, marketing, and distribution of medical devices, testing technology, and nutraceuticals.
Who are some key executives leading ENZOLYTICS INC?
Key executives include Harry Zhabilov, Barry Kostiner, and Steve Sharabura.
What recent investments has ENZOLYTICS INC made?
ENZC has invested in technologies like Room Temperature Single Photon Avalanche Diode (SPAD) and silicon photonics.
In which industries is ENZOLYTICS INC making an impact?
ENZC aims to revolutionize industries such as medical diagnostics, Lidar, AI computing, and space exploration.
What is the Company's commitment?
ENZOLYTICS INC is committed to growth, technological advancement, and improving patient well-being.
ENZOLYTICS INC