Can-Fite Received Notice of Allowance from the European Patent Office for the Treatment of Erectile Dysfunction with CF602
| FWBIDelisted Stock | USD 0.61 0.03 4.69% |
Under 62% of FWBI Old's investor base is looking to short. The analysis of current outlook of investing in FWBI Old suggests that many traders are alarmed regarding FWBI Old's prospects. FWBI Old's investing sentiment shows overall attitude of investors towards FWBI Old.
FWBI |
PETACH TIKVA, Israel, May 06, 2024--Can-Fite BioPharma Ltd. , a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced it received a Notice of Allowance from the European Patent Office for its patent application titled An A3 Adenosine Receptor Ligands For Use in Treatment of a Sexual Dysfunction. This invention addresses the use of the CF602 drug candidate as an oral or
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FWBI Old Fundamental Analysis
We analyze FWBI Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FWBI Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FWBI Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
FWBI Old is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
FWBI Old Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FWBI Old stock to make a market-neutral strategy. Peer analysis of FWBI Old could also be used in its relative valuation, which is a method of valuing FWBI Old by comparing valuation metrics with similar companies.
Peers
FWBI Old Related Equities
| DRMA | Dermata Therapeutics | 10.38 | ||||
| ZVSA | ZyVersa Therapeutics | 7.86 | ||||
| XFOR | X4 Pharmaceuticals | 6.53 | ||||
| IMMX | Immix Biopharma | 3.54 | ||||
| PHIO | Phio Pharmaceuticals | 2.18 | ||||
| ZURA | Zura Bio | 3.91 | ||||
| ICU | LMF Acquisition | 4.85 | ||||
| REVB | Revelation Biosciences | 8.57 | ||||
| SONN | Sonnet Biotherapeutics | 14.50 | ||||
| CDIO | Cardio Diagnostics | 21.92 | ||||
| QNRX | Quoin Pharmaceuticals | 30.51 |
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Other Consideration for investing in FWBI Stock
If you are still planning to invest in FWBI Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the FWBI Old's history and understand the potential risks before investing.
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