CSIMarket
 
Adhera Therapeutics Inc   (ATRX)
Other Ticker:  
 
 
Price: $0.0001 $0.00 -95.833%
Day's High: $0.0001 Week Perf: -98.75 %
Day's Low: $ 0.00 30 Day Perf: -97.37 %
Volume (M): 1 52 Wk High: $ 0.05
Volume (M$): $ 0 52 Wk Avg: $0.01
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 99
 Employees 11
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Adhera Therapeutics Inc
Adhera Therapeutics Inc., founded in 2016, is a biopharmaceutical company that focuses on developing drugs to treat patients with addiction and mental health disorders. The company is headquartered in San Diego, California, USA.

Adhera Therapeutics has developed an innovative drug delivery platform that uses a proprietary nano-particle technology to deliver medications that target specific areas of the brain. The company's main focus is on the development of drugs to treat addiction and mental health disorders, specifically those related to opioids, cocaine, methamphetamine, and alcohol.

The company's lead drug in development is ADH-01, a medication intended to treat opioid addiction. ADH-01 is a sublingual film formulation of buprenorphine and naloxone. The drug is designed to take advantage of the company's nano-particle technology, which allows for a more targeted and efficient delivery of the medication to the brain.

Adhera Therapeutics also has several other drugs in development, including ADH-02 which is intended to treat cocaine addiction and ADH-03 for methamphetamine addiction.

Adhera Therapeutics has a strong management team, including CEO David F. Hale, who has over 25 years of experience in the pharmaceutical industry, and Chief Scientific Officer Dr. Brian L. Murphy, who has over 30 years of experience in drug development.

The company has received funding from various sources, including angel investors and venture capital firms. In 2017, the company raised $3 million in a seed funding round led by Covenant Capital Group, LLC.

Adhera Therapeutics is committed to improving the lives of patients with addiction and mental health disorders by developing innovative drug therapies. The company is focused on bringing its drugs to market as quickly and efficiently as possible, while maintaining the highest standards of safety and efficacy.


   Company Address: 8000 Innovation Parkway Baton Rouge 70820 LA
   Company Phone Number: 518-3748   Stock Exchange / Ticker: ATRX


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Adhera Therapeutics Inc

Adhera Therapeutics Inc Surges in Q2 2023 Financial Report, Delivering Promising Results and Exciting Investors



In the realm of Major Pharmaceutical Preparations, attention has primarily gravitated towards large companies. However, several lesser-known companies have recently published their Q2 earnings reports, drawing intrigue from investors and analysts alike. This report will focus on the financial performance of ATRX and Adhera Therapeutics Inc, shedding light on their operating deficits and net earnings.
ATRX, a relatively unknown player in the sector, has reported an operating deficit of $-0.296 million in Q2 2023. Although an operating deficit is typically seen as unfavorable news, ATRX's achievement generated optimism due to its improvement from the Q2 2022 deficit of $-0.449 million. This substantial enhancement provides analysts with confidence in ATRX's potential for growth.

Adhera Therapeutics Inc

Adhera Therapeutics Inc. Faces Mounting Costs Amid Unexpected Financial Challenges in Q1 2023

Investment Opportunities at Adhera Therapeutics Inc
Adhera Therapeutics Inc (ATRX) recently released its first-quarter earnings results, and while stockholders may not have assumed some adjustments at the company's top-line, investors are closely monitoring its operating deficit. The company's financial results for the period ending March 31, 2023, showed an operating deficit of $-0.353 million, which is a significant increase from the deficit of $-0.26 million reported for the same period last year.
However, despite the apparent setback, savvy investors would not be deterred by the turbulence. A company's financial performance is only one aspect of its overall value. Businesses, especially those in the biotech and pharmaceutical industries, need to ensure their products meet regulatory approval and reach the market before turning a profit. Therefore, investors should focus on other metrics to gauge Adhera's potential.










Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com