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Nanoviricides inc   (NYSE: NNVC)
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Price: $1.3000 $-0.02 -1.515%
Day's High: $1.34 Week Perf: -0.76 %
Day's Low: $ 1.27 30 Day Perf: -10.34 %
Volume (M): 89 52 Wk High: $ 3.59
Volume (M$): $ 116 52 Wk Avg: $1.60
Open: $1.34 52 Wk Low: $1.03



 Market Capitalization (Millions $) 19
 Shares Outstanding (Millions) 15
 Employees 11
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Nanoviricides Inc
Nanoviricides Inc is a biopharmaceutical company that focuses on developing nanomedicines to combat viral infections. Their nanoviricides are designed to target specific viruses and prevent their replication inside the human body. Nanoviricides Inc utilizes nanotechnology in their drug development processes, allowing for precise targeting of viruses and minimizing off-target effects.

The company's nanoviricides are created by encasing a virus-binding ligand within a polymeric micelle that can attach to and neutralize the targeted virus. These nanoviricides can be administered orally or topically, providing a non-invasive and convenient treatment option for viral infections.

Nanoviricides Inc's approach offers several advantages over traditional antiviral drugs. The nanoviricides can potentially target a wide range of viruses, including those that mutate rapidly, and may be effective against emerging viral strains. Additionally, their nanotechnology-based platform allows for rapid development and production of new drugs, offering the potential for quicker responses to viral outbreaks.

The company has a strong focus on research and development, investing in preclinical and clinical studies to evaluate the safety and efficacy of their nanoviricides. They collaborate with academic institutions and government agencies to advance their technology and explore new applications. Nanoviricides Inc aims to address unmet medical needs by developing effective treatments for viral infections that have limited or no available therapies.


   Company Address: 1 Controls Drive Shelton 6484 CT
   Company Phone Number: 937-6137   Stock Exchange / Ticker: NYSE NNVC


   

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Stocks on the Move

Advancements in NanoViricides Inc A Promising Weapon Against Influenza and Respiratory Virus Infections

Published Sat, Jul 13 2024 2:53 PM UTC

NanoViricides Inc (NNVC), a clinical stage global leader in broad-spectrum antiviral nanomedicines, has recently gained significant attention from traders and investors. With advancements in their ultra-broad-spectrum antiviral drug, NV-387, and ongoing clinical development of NVCoV-2 for Respiratory Syncytial Virus (RSV) Infections, NanoViricides Inc is showing great potent...

Nanoviricides Inc

Nanoviricides Inc. Reports Financial Results for Third Quarter 2024 in Major Pharmaceutical Preparations Market

Nanoviricides Inc, a major player in the Major Pharmaceutical Preparations sector, recently reported an operating loss of $-1.908403 million for the fiscal third quarter of 2024. As the company's financial interval enters the third quarter of 2024, it has become increasingly easy to compare its performance with that of the same period in the previous year.
In the third quarter of 2023, Nanoviricides Inc reported an operating loss of $-1.810741 million. Comparatively, the most recent fiscal period has seen a notable increase in the operating loss, with a shortfall of $-1.854 million. This represents a widening of the loss by $0.151 million from the previous year's third quarter.

Nanoviricides Inc

Nanoviricides Inc Faces Significant Business Performance Reduction in Fiscal Period Ending Second Quarter of 2024



As Wall Street analysts and industry advisors delve into the second-quarter results of the Major Pharmaceutical Preparations industry, the focus has turned towards Nanoviricides Inc (NNVC). The organization's financial report for the period spanning October to December 2023 reveals an operating deficit of $-2.184756 million, signaling a cause for concern. This article aims to examine the context of these financial results and shed light on the potential reasons behind Nanoviricides Inc's challenging performance.
Operating Deficit Continues to Widen
Nanoviricides Inc's operating deficit for the second quarter of 2024 reflects a decline in financial stability. With a deficit of $-2.184756 million, the company's financial situation has deteriorated compared to the previous year's corresponding quarter, where the deficit stood at $-1.833994 million. Furthermore, the net deficit has widened from $-1.745 million to $-2.115 million over the past three months. The organization's struggle to generate revenue is evident, as it has not declared any during this reporting period.

Nanoviricides Inc

NNVC Makes Spectacular Debut in Q1 2024 - Unveils Groundbreaking Results Among Industry Giants



The Major Pharmaceutical Preparations industry is currently under scrutiny in the first quarter of 2024, with companies closely monitoring the financial performance of Nanoviricides Inc. With an operating deficit of $-2.031591 million, the company has failed to disclose any top-line information for the July to September 30, 2023 reporting season. This article will analyze the evolving entity's revenue generation strategies, along with its previous performance, in order to provide a comprehensive bearish outlook on Nanoviricides Inc.
Operating Deficit: An Alarming Trend
Nanoviricides Inc's inability to generate a positive operating income is a major cause for concern. In the first quarter of 2023, the company reported an operating deficit of $-1.62236 million, indicating a deteriorating financial situation. The lack of profitability raises questions regarding the effectiveness of the company's business model and its ability to provide sustainable revenue streams.

Nanoviricides Inc

Major Pharmaceutical Giant Faces Unforeseen Challenges: Operating Behavior Plummeted in Q4 2023 Earnings Season

Nanoviricides Inc, a publicly traded company, recently reported its earnings for the period from April to June 30, 2023. The company surprised its stockholders with unexpected changes in revenue during this earnings season. While the revenue remained flat at $0.00 million, investors were concerned about the operating loss of $-3.676373 million.
In evaluating the fourth quarter of 2023, it is worth noting that the operating loss increased significantly compared to the same period the previous year. The operating loss for the fourth quarter of 2022 was $-1.792783 million, which indicates a hefty increase in losses.










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