Once you review this piece, consider buying or watch listing this unique biopharmaceutical company. The company’s focus is therapy and, eventually, possibly, a cure for Pancreatic Cancer, arguably the deadliest form.
RenovoRx (Nasdaq: RNXT) is a clinical-stage biopharmaceutical company developing novel precision oncology therapies based on a local drug-delivery platform. Oncology is an international peer-reviewed journal for practicing oncologists and hematologists.
Over and above a great chart, there are salient points to consider.
Currently, at USD1.25, several analysts have projected the share to move to USD8.00 on the high end and USD4.00 at the low.
Recent robust trading volumes
Presentations at many high-level Biotech conferences;
Ongoing Phase III TIGeR-PaC cRNXT’Sl trial RNXT’S ON TAMP therapy platform (Trans-Arterial Micro-Perfusion) therapy platform for treating Locally Advanced Pancreatic Cancer (LAPC.)
Presentation at Symposium on Clinical Interventional Oncology Highlighting TAMP for Targeted Treatment ofRenovoRx on RenovoRx’s pivotal ongoing Phase III TIGeR-PaC clinical trial evaluating the proprietary TAMP (Trans-Arterial Micro-Perfusion) therapy platform for the treatment of Locally Advanced Pancreatic Cancer (LAPC.)
Attainment of Orphan Drug status—this is key.
Status is given to certain drugs called orphan drugs, therapies which show promise in the treatment, prevention, or diagnosis of orphan diseases. An orphan disease is a rare disease or condition that affects fewer than 200,000 people in the United States. Orphan diseases are often severe or life-threatening. Also, Orphan Drug status is given to those few companies that develop products that address the public good and not simply for profit.
Behind all this, biotech is an excellent therapy with the potential to lower deadly numbers of Pancreatic Cancer. Targeting Pancreatic Cancer, which has a 5-year survival rate that is 3% (and that’s stage 1-4). That is 18 percent of patients a year. Moreover, 13% will not survive past five tears. As we all know, Pancreatic cancer is a nasty disease. RNXT’s work has the benefit of addressing this most heinous form of cancer.
Have a look at RenovoRx, as the parts really do add up to decent growth in your portfolio.
