Teradyne rallies 4% early as UBS does a rare double rating upgrade
ALDX up 3%
Is this good Stoney:
Aldeyra Therapeutics Reports Third-Quarter 2021 Financial Results and Recent Corporate Highlights
Company Expects to Report Top-Line Results from Phase 3 TRANQUILITY and TRANQUILITY-2 Clinical Trials of Reproxalap in Dry Eye Disease in the Fourth Quarter of 2021
Phase 2 Clinical Trial of ADX-2191 in Retinitis Pigmentosa On Track to Initiate in the Fourth Quarter of 2021
Phase 2 Clinical Trial Results of ADX-629 in Multiple Systemic Indications Expected in the Fourth Quarter of 2021 or the First Quarter of 2022
Cash and cash equivalents as of September 30, 2021 were $241.4 million. Based on Aldeyra’s current operating plan, the company believes that existing cash and cash equivalents will be sufficient to fund currently projected operating expenses through the end of 2023, including potential New Drug Application submissions; initial commercialization of reproxalap, if approved; and continued development of the company’s product candidates in ocular and systemic immune-mediated diseases.
Yeah I remember reading that, but isn't one of them for a bigger target population?I think so. The problem is their most well thought of product does treat a rare disease.
Aldeyra received orphan drug designation for ADX-2191 from FDA.
There are no approved drug treatments for patients with RP, a clinical group of rare genetic eye diseases characterized by retinal cell death and loss of vision. The disease affects an estimated 82,000-110,000 individuals in the United States, and approximately 1 in 4,000 people worldwide.
No treatment out there....so I like that 110,000 in US It's not a huge number but it could be just enough. Stick with it.
I am watching it. I thought about it.get in van she going to rip!
Genius Brands International, Inc. (GNUS) This should gain 100% in 3 days.
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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As of 9:59AM EDT.