Ibio Inc IBIO

$0.87 -0.05 (-5.33%)

Valuation

Market cap
56,011,000
Revenue TTM
$100,000
Net income TTM
$-33,040,000
PE ratio
0.00
Forward PE
—
Profit margin
-33,040.00%
Debt to equity
0.00

Trading

Volume
1,646,500
Avg volume
720,784
Day's range
$0.85 – $0.97
Shares out
64,307,000
Stochastic %K
6%
Beta
1.26
Analysts
Strong Sell
Price target
$5.69

Price

Company profile

iBio, Inc., a preclinical stage biotechnology company, engages in the development of artificial intelligence (AI) antibodies solutions for cardiometabolic and obesity space. The company's technology platforms include EngageTx that provides a panel of optimized CD3 antibodies that can be paired with tumor-targeting antibodies to generate bispecific T-cell engagers; StableHu, an AI antibody-optimizing technology; and A...

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iBio, Inc., a preclinical stage biotechnology company, engages in the development of artificial intelligence (AI) antibodies solutions for cardiometabolic and obesity space. The company's technology platforms include EngageTx that provides a panel of optimized CD3 antibodies that can be paired with tumor-targeting antibodies to generate bispecific T-cell engagers; StableHu, an AI antibody-optimizing technology; and AI epitope steering technology, small binding sites on large target proteins Its product pipelines for cardiometabolic disease area include IBIO-601, a monoclonal antibody designed to block Activin E; IBIO-800, a bispecific antibody designed to inhibit myostatin and activin A signaling to preserve lean mass; IBIO-600 Myostatin Antibody, monoclonal antibody blocking myostatin that is in phase 1; Amylin Antibody, a pancreatic hormone that promotes satiety and appetite control through activation of the amylin receptor; CCR8, a Treg-targeting immunotherapy; and MUC16 antibodies. In addition, the company is developing, an antibody therapeutics to treat glioblastoma and other cancers by selectively killing EGFRvIII tumor cells without destroying healthy tissue; and TROP-2 x CD3 bispecific antibody that is developed with EngageTx platform to harness T cells to kill TROP-2–expressing tumors while minimizing the cytokine release that often limits the tolerability of T-cell engagers. It has a collaboration agreement with AstralBio to discover and develop novel antibodies for obesity and other cardiometabolic diseases. The company was formerly known as iBioPharma, Inc. and changed its name to iBio, Inc. in August 2009. iBio, Inc. was incorporated in 2008 and is headquartered in San Diego, California.

Industry
Biotechnology
Sector
Healthcare
Phone
979 446 0027
Website
https://ibioinc.com
Address
11750 Sorrento Valley Road, Suite 200, San Diego, United States

Latest news

Stocktwits

Joelew22 Oct 11, 12:37 AM
$IBIO bought some more friday before close. Lets see!
0 replies
Rower5oh Oct 10, 8:24 PM
$IBIO https://lnkd.in/p/gkER-w6V
0 replies
skitime Oct 10, 7:07 PM
$IBIO 🩳🩳🩳👌⌚
0 replies
GoGetDontGetGot Oct 10, 12:57 AM
$IBIO I love seeing all the RS posts already, the stock has been under $1 for literally 2 days. It takes being under $1 for 30 consecutive trading days before a non compliance notice will be sent. And yes, this company has done Reverse split in the past, which usually were a couple months after receiving the notice. Months, not days.
2 replies
moosemoney Oct 9, 10:29 PM
$IBIO iconic: https://www.tiktok.com/@fentifriedchicken/video/7642080406677818655
0 replies
crs1 Oct 9, 6:25 PM
$IBIO um, yeah. same old playbook in use. not a company meant to produce anything, but bag holder loses. I am one and tried to warn people, but that was perceived as, what was it? oh yeah, "whining"
0 replies
Rower5oh Oct 9, 3:37 PM
$IBIO Well, I just bought more. Finally got my average solidly below $3. I’m not worried with this low volume. The company is worth far more than this. Let’s go, Martin!
2 replies
skitime Oct 9, 3:28 PM
$IBIO Any idea if there will be an other RS soon?
0 replies