Inactive Instrument

Neuropathix, Inc.

Equities

NPTX

US64132Q1094

Biotechnology & Medical Research

Neuropathix, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020

November 12, 2020 at 11:39 am EST

Neuropathix, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue - ar was USD 0 compared to USD 23,968 a year ago. Operating loss was USD 805,669 compared to USD 767,042 a year ago. Net loss was USD 610,806 compared to USD 1.084 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 a year ago. For the nine months, total revenue - ar was USD 0 compared to USD 126,027 a year ago. Operating loss was USD 2.679 million compared to USD 1.824 million a year ago. Net loss was USD 2.977 million compared to USD 2.712 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago.

Latest news about Neuropathix, Inc.

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Neuropathix, Inc. is a biopharmaceutical company. It is focused on discovering, developing, and commercializing novel therapeutics from its proprietary synthetic cannabinoid derivative platform that are potentially useful for a range of inflammatory and neuropathic pain-related diseases. Its product candidates include KLS-13019 and KLS-13023. KLS-13019 can control mechanical sensitivity and inflammation associated with chemotherapy-induced peripheral neuropathy (CIPN) in the absence of tolerance development and also reduce opioid craving behavior. KLS-13023 is a drug candidate that includes synthetic cannabidiol (CBD) formulated in a gel capsule designed for potential use in humans. Its drug discovery platform potentially treats neurological and oxidative stress-related disorders, such as overt hepatic encephalopathy (OHE), chronic traumatic encephalopathy (CTE), and CIPN, with current good manufacturing practices (cGMP) pharmaceutical grade semi-synthetic and synthetic cannabinoids.

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Biotechnology & Medical Research

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