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RenovoRx, Inc. - RNXT STOCK NEWS

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

RenovoRx, Inc. (RNXT) is a medical device and biopharmaceutical company based in Silicon Valley, California. The company focuses on developing innovative solutions for targeted delivery of fluids, including diagnostic and therapeutic agents to specific locations in the peripheral vascular system. With FDA clearance for their flagship product, RenovoCath™ RC120, RenovoRx is introducing this cutting-edge technology to the clinical market.

RenovoRx's proprietary platform, Trans-Arterial Micro-Perfusion (TAMP), aims to revolutionize cancer treatment by ensuring precise therapeutic delivery directly to the tumor site. This targeted approach is designed to reduce the toxicities commonly associated with systemic intravenous therapy, potentially improving therapeutic outcomes for cancer patients.

The company is driven by a highly motivated team with extensive experience in the medical field and supported by a robust medical advisory board and a distinguished board of directors. RenovoRx's commitment to innovation and patient care has positioned it as a leader in the area of targeted therapeutic delivery.

For more information or inquiries, please contact RenovoRx at info@renovorx.com.

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RenovoRx, Inc. (NASDAQ: RNXT) reported its financial results for Q3 2022, highlighting a net loss of $2.1 million, up from $1.5 million in Q3 2021. Cash and equivalents stood at $8.1 million as of September 30, 2022. The company plans to conduct a prospective interim analysis of its Phase III TIGeR-PaC trial for pancreatic cancer treatment, potentially revolutionizing care in this area. A new clinical trial for extrahepatic cholangiocarcinoma is also set to launch in late 2022 or early 2023. General and administrative expenses increased to $1.3 million amid higher consulting costs.

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RenovoRx, Inc. (Nasdaq: RNXT) announced CEO Shaun Bagai will participate in a ROTH Capital webinar on October 27 at 1 p.m. ET. The discussion will focus on RenovoRx's mission to innovate oncology therapy through its RenovoTAMP treatment, which aims to improve quality of life and enhance survival for patients with difficult-to-treat cancers. Bagai will also review the ongoing Phase 3 TIGeR-PaC clinical trial, with its first results expected in Q4 2023. The public can register to attend and ask questions during the session.

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RenovoRx, Inc. (Nasdaq: RNXT), a biopharmaceutical firm specializing in localized treatment of solid tumors, is set to participate in two investor conferences in October 2022. CEO Shaun Bagai will present at the ROTH Inaugural Healthcare Opportunities Conference on October 6 and the LD Micro Main Event XV from October 25-27. He will discuss the company's therapy platform and address the challenges of treating pancreatic tumors. RenovoRx's lead product, RenovoGem, is in a Phase 3 trial targeting unresectable locally advanced pancreatic cancer.

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RenovoRx, Inc. (NASDAQ: RNXT) recently announced Dr. Ripal Gandhi's presentation on Trans-Arterial Micro-Perfusion Therapy for Pancreatic Cancer at the Symposium on Clinical Interventional Oncology held in Miami Beach, Florida, from September 23-25, 2022. The presentation discussed challenges with the standard chemotherapy for locally advanced pancreatic cancer and highlighted the potential of RenovoRx's RenovoTAMP therapy, which aims to enhance chemotherapy efficacy and reduce side effects. The ongoing TIGeR-PaC study is evaluating the company's product candidate, RenovoGem, for improved patient outcomes.

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RenovoRx, a biopharmaceutical company specialized in treating challenging solid tumors, has appointed Angela Gill Nelms as Chief Operating Officer. Ms. Nelms brings extensive expertise in clinical trial management and innovation, previously serving as COO at Florence Healthcare. Under her leadership, RenovoRx aims to expedite its Phase 3 TIGeR-PaC clinical trial and launch a new trial for extrahepatic cholangiocarcinoma. This strategic move aims to enhance the company's operational capabilities and advance its mission to lead in oncology therapies.

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RenovoRx, a biopharmaceutical company listed on Nasdaq under the symbol RNXT, will participate in the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022, in New York City. CEO Shaun Bagai is scheduled to present on September 12 at 7:00 a.m. ET, discussing the challenges in treating pancreatic tumors and the innovative RenovoRx Trans-Arterial Micro-Perfusion (RenovoTAMP™) therapy. One-on-one meetings will also be held with investors.

RenovoRx’s lead product, RenovoGem™, is under Phase 3 study for locally advanced pancreatic cancer.

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RenovoRx, Inc. (Nasdaq: RNXT) reported its financial results for Q2 2022, revealing cash and cash equivalents of $10.8 million. R&D expenses rose to $1.4 million from $0.5 million year-over-year, while G&A expenses increased to $1.2 million from $0.3 million. The company reported a net loss of $2.6 million, up from $1.3 million in the previous year. Key developments include an upcoming interim analysis of the Phase 3 TIGeR-PaC clinical trial for pancreatic cancer and a new Phase 2/3 trial protocol submission. RenovoRx is advancing its proprietary RenovoTAMP therapy platform.

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RenovoRx, Inc. (Nasdaq: RNXT) has appointed James Ahlers as Chief Financial Officer (CFO) effective July 15, 2022, replacing Christopher J. Lehman. Ahlers brings over 25 years of experience in life sciences finance, having managed capital-raising efforts exceeding $2 billion. Additionally, Ronald B. Kocak joins as Vice President and Controller, previously serving as interim controller. The leadership change aims to support the company’s focus on expanding its clinical pipeline and enhancing operations.

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RenovoRx has announced the launch of a new video series titled 'The RenovoRx Story,' focusing on its innovative RenovoTAMP™ therapy platform for treating difficult cancers. The series introduces the leadership team and provides insights into their Phase 3 TIGeR-PaC clinical trial for locally advanced pancreatic cancer. CEO Shaun Bagai emphasized the potential benefits of localized treatment over traditional systemic chemotherapy. The trial aims to improve survival rates and quality of life for patients. Additional video segments will be released soon.

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RenovoRx, Inc. (NASDAQ: RNXT) will host a webinar on June 21 at 8:00 AM ET, discussing its RenovoTAMP™ therapy platform for pancreatic cancer treatment. Featured speakers include Dr. Michael Pishvaian from Johns Hopkins Kimmel Cancer Center and CEO Shaun R. Bagai. Dr. Pishvaian will explore existing treatment options and the innovative approach of the TIGeR-PaC trial that localizes chemotherapy delivery to tumors. The event will include a Q&A session, with a recording available on RenovoRx's website post-event. RenovoRx focuses on enhancing local tumor treatment with its proprietary technology.

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FAQ

What is the current stock price of RenovoRx (RNXT)?

The current stock price of RenovoRx (RNXT) is $1.35 as of February 4, 2025.

What is the market cap of RenovoRx (RNXT)?

The market cap of RenovoRx (RNXT) is approximately 32.6M.

What does RenovoRx, Inc. specialize in?

RenovoRx specializes in developing targeted delivery solutions for fluids, including diagnostic and therapeutic agents, in the peripheral vascular system.

What is the RenovoCath™ RC120?

RenovoCath™ RC120 is a medical device developed by RenovoRx for targeted therapeutic delivery. It has received FDA clearance.

What is the Trans-Arterial Micro-Perfusion (TAMP) platform?

The TAMP platform is RenovoRx's patented technology designed for precise therapeutic delivery directly to tumor sites, potentially reducing toxicities associated with systemic therapies.

Where is RenovoRx headquartered?

RenovoRx is headquartered in Silicon Valley, California.

Who backs RenovoRx's initiatives?

RenovoRx is backed by a broad medical advisory board and a strong board of directors.

What is the primary goal of RenovoRx's therapies?

The primary goal is to improve therapeutic outcomes for cancer patients by directly targeting tumors and minimizing treatment toxicities.

How can I contact RenovoRx for more information?

You can contact RenovoRx via email at info@renovorx.com.

What makes RenovoRx's technology unique?

Their technology ensures high-concentration delivery of therapeutic agents to specific vasculature without perfusion overlap to other regions, enhancing treatment efficacy and safety.

Is RenovoRx currently in clinical stages?

Yes, RenovoRx is a clinical-stage biopharmaceutical company.

What recent achievements has RenovoRx made?

RenovoRx has received FDA clearance for RenovoCath™ RC120 and is actively introducing its innovative technology to the clinical market.
RenovoRx, Inc.

Nasdaq:RNXT

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RNXT Stock Data

32.64M
23.54M
1.9%
8.18%
0.3%
Biotechnology
Pharmaceutical Preparations
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United States of America
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