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Active Biotech AB(0GQU) Stock Analysis
Market Performance
Stock returned +10.0% over the past year, broadly in line with market conditions.What is Active Biotech AB?
Active Biotech AB (publ), a biotechnology company, engages in the research, development, production, marketing, and sale of medical, chemical, and biotechnology products in Sweden.
The brief on Active Biotech AB
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
What is Active Biotech AB?
Active Biotech AB (publ), a biotechnology company, engages in the research, development, production, marketing, and sale of medical, chemical, and biotechnology products in Sweden. It is developing Tasquinimod, a small molecule immunomodulator, which is in Phase II clinical trial to treat hematological malignancies; Laquinimod, an immunomodulator for the treatment of severe inflammatory eye diseases, such as non-infectious non anterior uveitis; and Naptumomab estafenatox, a tumor targeting immunotherapy to treat patients with solid tumors. The company is listed on the LSE in UK, with a market capitalisation of 8.09M.
Analysis