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September 30, 2024
Dear Reader,
This is what I’m talking about!
Xenetic Biosciences (NASDAQ: XBIO) eyes bullish momentum on an approximate 21% early move, reaching $4.66.
Could this be the beginning of something much bigger?
With fewer than 1.2M shares available in the float and a market cap under $6M, Xenetic Biosciences (NASDAQ: XBIO) appears to be flying under Wall Street’s radar, until now.
As of this morning, Xenetic Biosciences (NASDAQ: XBIO) is now triggering 18 bullish signals, including the momentum indicator, on TradingView's technical analysis tool using the one day time-frame.
Why You Should Keep an Eye on Xenetic Biosciences (NASDAQ: XBIO):
Xenetic Biosciences (NASDAQ: XBIO) is a biopharmaceutical leader, advancing groundbreaking immuno-oncology technologies aimed at treating some of the toughest cancers. Their innovative DNase platform seeks to improve existing cancer treatments, especially immunotherapies, by targeting neutrophil extracellular traps (NETs)—a known contributor to cancer progression.
Xenetic Biosciences (NASDAQ: XBIO) is currently focusing its efforts on moving their DNase program into clinical trials, with a spotlight on treating pancreatic carcinoma and other advanced solid tumors.
Recent Developments:
Preclinical studies are underway, with results expected by the end of the year. The company is honing in on proving the effectiveness of its DNase-based oncology platform in multiple indications.
Ended the quarter with $7.3M in ca-sh, ensuring they are well-funded for ongoing operations.
In their Q2 2024 report, Xenetic Biosciences (NASDAQ: XBIO)’s Interim CEO and CFO, James Parslow, reaffirmed their commitment:
“We remain confident in the potential of our DNase-based oncology platform. Our focus is on advancing to clinical trials and proving the concept in multiple indications. We’re committed to delivering much-needed, innovative immune-oncology treatments to patients, while creating value both in the near and long term.”
Don't wait on this one.
Add Xenetic Biosciences (NASDAQ: XBIO) to your watchlist now or you could miss it. |
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