Purple Biotech Stock (NASDAQ:PPBT)


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$3.45

52W Range

$2.00 - $20.60

50D Avg

$3.65

200D Avg

$8.28

Market Cap

$8.83M

Avg Vol (3M)

$909.43K

Beta

0.38

Div Yield

-

PPBT Company Profile


Purple Biotech Ltd., a clinical-stage company, focuses on developing therapies to overcome tumor immune evasion and drug for cancer patients in the United States. Its oncology pipeline includes CM24, a monoclonal antibody that blocks carcinoembryonic antigen related cell adhesion molecule 1 as a combination therapy with anti-PD-1 checkpoint inhibitors, which is in Phase 1b/2 clinical trials for the treatment of non-small cell lung cancer and pancreatic cancer; and NT219, a small molecule that targets insulin receptor substrate 1 and 2, and signal transducer and activator of transcription, which is in Phase 1/2 clinical trials for the treatment of recurrent and/or metastatic solid tumors and squamous cell carcinoma of the head and neck cancer. The company was formerly known as Kitov Pharma Ltd and changed its name to Purple Biotech Ltd. in December 2020. The company is headquartered in Rehovot, Israel.

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Industry

Biotechnology

Sector

Healthcare

Exchange

NASDAQ

ADR

Yes

Country

IL

Employees

20

IPO Date

Nov 20, 2015

Website

PPBT Performance


PPBT Financial Summary


Dec 23Dec 22Dec 21
Revenue-$-910.00K$-320.00K
Operating Income$-22.27M$-22.60M$-17.93M
Net Income$-19.88M$-20.82M$-18.46M
EBITDA$-22.07M$-21.43M$-17.38M
Basic EPS$-0.81$-1.15$-1.05
Diluted EPS$-0.81$-1.15$-1.05

Fiscal year ends in Dec 23 | Currency in USD

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