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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) will present at the Gateway to Translation Webinar Series hosted by the University of Cambridge's Academy of Therapeutic Sciences on June 8, 2022. Dr. Ramtin Agah, CMO and Co-Founder, will discuss the RenovoTAMP™ therapy platform designed for pancreatic cancer treatment. This innovative approach aims to improve patient survival and reduce chemotherapy side effects. A recording will be available on the RenovoRx website. The company's lead candidate, RenovoGem™, is in a Phase 3 trial for locally advanced pancreatic cancer.

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RenovoRx (RNXT) announced it will present preclinical research on its Trans-Arterial Micro-Perfusion (RenovoTAMP) therapy for cholangiocarcinoma at the GEST 2022 in New York City. The study showed that intra-arterial delivery significantly penetrated bile duct tissue compared to gallbladder delivery. RenovoRx plans to launch a Phase 2/3 study in cholangiocarcinoma in the latter half of 2022 and has received Orphan Drug Designation for this indication. The findings aim to offer a localized chemotherapy option, enhancing treatment efficacy and potentially improving survival rates.

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RenovoRx, a clinical-stage biopharmaceutical company, will participate in the H.C. Wainwright Global Investment Conference from May 23-26, 2022, in Miami Beach, Florida. CEO Shaun Bagai is set to present on May 24 at 7:00 a.m. ET. The company specializes in localized treatments for cancer using its proprietary RenovoTAMP therapy platform. RenovoRx's lead product, RenovoGem, aims to treat locally advanced pancreatic cancer and is currently in Phase 3 trials. The event will also offer one-on-one meetings with investors.

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RenovoRx (NASDAQ: RNXT) reported financial results for Q1 2022, highlighting significant progress in cancer treatment. The company has $13.1 million in cash, but reported a net loss of $3.0 million, up from $1.1 million the previous year. Research and development costs rose to $1.3 million due to the Phase 3 trial expenses for RenovoGem™, aimed at treating pancreas cancer. The FDA previously granted Orphan Drug Designation for this and other indications, underscoring the potential for improved patient outcomes.

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RenovoRx, a biopharmaceutical company focused on targeted cancer therapies, announces its participation as a Silver Sponsor for the PurpleStride Silicon Valley event on April 30, aimed at combating pancreatic cancer. The event will resume in-person fundraising after two years of virtual events. Pancreatic cancer remains a critical health issue, with a five-year survival rate of just 11% and 62,000 diagnoses expected in 2022. RenovoRx aims to improve outcomes through its RenovoTAMP therapy platform and is advancing its lead product, RenovoGem, in clinical trials.

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RenovoRx, Inc. (NASDAQ: RNXT) reported financial results for the year ended December 31, 2021. The company closed its IPO and successfully listed on NASDAQ. Despite the pandemic, it achieved about 50% enrollment in its Phase 3 clinical trial for locally advanced pancreatic cancer. Financially, cash equivalents stood at $15.2 million, with a net loss of $6.3 million, increasing from $3.8 million in 2020. Operational highlights included new patent issuance and 510(k) clearance for its RenovoCath delivery system.

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RenovoRx, Inc. (Nasdaq: RNXT), a biopharmaceutical company specializing in targeted cancer therapies, announced its leadership’s involvement in two investor conferences this month. The ROTH Capital Partners 34th Annual Conference will take place from March 13-15, 2022 in Dana Point, CA, with CEO Shaun Bagai presenting on March 14 at 1:30 p.m. PT. The Maxim Virtual Growth Conference occurs from March 28-30, 2022, where Bagai will present on-demand and participate in a pancreatic cancer panel on March 28. One-on-one meetings can be scheduled with the investment community.

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RenovoRx, a biopharmaceutical company, has enrolled its first patient at Columbia University for the TIGeR-PaC Phase 3 clinical trial. This trial evaluates the efficacy of the RenovoTAMP™ therapy platform as a treatment for locally advanced pancreatic cancer (LAPC). By delivering chemotherapy directly to tumors, the trial aims to improve patient outcomes compared to traditional systemic chemotherapy. The trial is currently enrolling patients across various sites in the U.S.

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RenovoRx, Inc. (Nasdaq: RNXT) will host a fireside chat titled “Delivering Therapy Where it Matters” on February 23 at 12 p.m. ET, featuring CEO Shaun Bagai. The session will focus on the company's localized chemotherapy approach and its 2022 milestones. Participants can engage in a Q&A. RenovoRx is known for its RenovoTAMP therapy platform, targeting difficult tumors. Its lead candidate, RenovoGem, is being tested in the Phase 3 TIGeR-PaC trial for locally advanced pancreatic cancer.

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RenovoRx, Inc. (Nasdaq: RNXT) presented its RenovoTAMP™ therapy platform at the 2022 SPECTRUM Conference in Miami. Dr. Ripal Gandhi, a Principal Investigator for the Phase 3 TIGeR-PaC clinical trial, highlighted data suggesting that RenovoTAMP, combined with radiation therapy, can significantly reduce systemic chemotherapy exposure and its associated side effects. The therapy aims to improve survival rates and quality of life for locally advanced pancreatic cancer patients. The company continues to enroll patients for the TIGeR-PaC study and anticipates releasing interim data soon.

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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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