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. (OTC PINK:ENZC) subsidiary Virogentics, Inc. provides an update on the progress of its permit application with the European Medicine Agency (EMA) for the ITV-1 treatment of HIV/AIDS. Clinical trials will be conducted in Bulgaria, and meetings with the German company Cooperative Clinical Research and Development are scheduled. Virogentics has also made progress in pharmacokinetics studies and preliminary studies for diabetes treatment. The company's African project is progressing, and its trademark application has been approved by the U.S. Trademark Office. Enzolytics has negotiated additional compensation from Sagaliam Acquisition Corp to support compliance, dividend payment, and new business strategy development.
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Enzolytics' subsidiary Virogentics has received approval for the final protocol for its HIV/AIDS immunotherapy treatment in the Democratic Republic of the Congo. Clinical trials will be supervised by Dr. Amogne Wondwossen and are expected to show similar results to previous trials. The company also plans to provide an update on the European Medicine Agency (EMA) progress.
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Enzolytics' subsidiary Virogentics has received approval for the final protocol for clinical trials of its HIV/AIDS treatment in the Democratic Republic of the Congo. The trials will be supervised by Neuro Pharma Ltd and conducted at HEAL Africa Hospitals and Panzi Hospital. The company expects the results to be similar to previous trials. Virogentics also plans to provide an update on the progress with the European Medicine Agency.
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Enzolytics, Inc. (OTC PINK:ENZC) announces a partnership with Khalpey AI Lab to identify biomarkers for early onset Alzheimer's disease. The collaboration aims to discover biomarkers and therapeutic targets for Alzheimer's disease.
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Enzolytics, Inc. has filed a supplemental information report regarding the sale of its subsidiaries Biogenysis, Inc. and Virogentics, Inc. to Sagaliam Acquisition Corp. The transaction is valued at $450 million and will provide funding for the advancement of medical technologies. The CEOs of Biogenysis and Virogentics expressed their excitement about the agreement and the potential for expanding their programs and bringing therapies to market more rapidly. Enzolytics sees this transaction as a monumental step forward for the company and expects significant progress as a result.
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Enzolytics, Inc.'s subsidiary, Virogentics, Inc., plans to introduce a liver and detox beverage called Liver Rescue™ as a dietary supplement. The product is currently being sold in Europe, and Virogentics has the exclusive license for distribution in North America. Virogentics is also making progress towards administering the patented immunotherapy ITV-1 treatment to HIV/AIDS volunteers in Africa. The clinical trials will be supervised by Neuro Pharma Ltd and headed by Dr. Amogne Wondwossen. Additionally, Virogentics has completed arrangements for the final payment for the BTS toxicity report to proceed with clinical trials on ITV-1's impact on blood sugar levels in diabetic patients. Enzolytics is preparing a supplemental information filing to address shareholder questions regarding the sale of its operating subsidiaries, Virogentics and Biogenysis.
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Enzolytics, Inc. and Sagaliam Acquisition Corp. have amended their non-binding term sheet for the sale of Biogenysis, Inc. and Virogentics Inc. The combined purchase price is now $450,000,000.00, and a Make Whole calculation will ensure the value received by ENZC. BGEN and VIRO will become wholly owned subsidiaries of Sagaliam. The transaction will provide additional capital for BGEN and VIRO to develop their technology platforms. Sagaliam expects to raise additional capital through a PIPE. The funds will be used for clinical trials, production of monoclonal antibodies, and expanding AI capabilities. ENZC shareholders will receive Saga shares as a dividend.
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Enzolytics, Inc. provides updates on the sale of Virogentics and Biogenysis to Sagaliam Acquisition Corp. The company also shares details of a comprehensive study for clinical trials and the status of the ITV-1 immunotherapy treatment. Negotiations and regulatory filings are ongoing for the transaction with Sagaliam Acquisition Corp. A comprehensive report on ITV-1 was released, providing important information on the product. VIRO has engaged a German company for a pharmacokinetic study. The final protocol for the administration of ITV-1 is expected to be completed soon. Harry Zhabilov, CSO of VIRO, expresses optimism about the company's progress.
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Enzolytics, Inc. clarifies ownership of patented technology and refutes false claims made by other companies. The company is featured in Life Science Review Magazine. Human clinical trials for ITV-1 set to begin in Africa this summer.
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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