TopNewsGuide: STAB ‘Well Positioned’ for 2022 Growth, Phase 3 Update
This clinical-stage biopharmaceutical company is investigating the treatment of pediatric Crohn’s disease. He is also studying the treatment of patients with acute COVID-19 infection.
Investors should put STAB stocks on their watchlists as clinical-stage biopharmaceutical companies rise in valuation
STAB PRODUCES REGISTERED INVESTMENTS FOR FUND STUDIES
Handley adds, “Following the recent FDA submission of our Phase 3 clinical trial protocol for STAT-201 in the treatment of pediatric Crohn’s disease, we plan to use proceeds from our registered direct offering to launch patient recruitment in the second quarter.
These dollars will also be used to add the recruitment of patients with acute COVID-19 infection into its STAT-205 study. The STAB hopes to develop preliminary data from this study this year.
STAB RELEASES ITS 2021 FINANCIAL RESULTS
One of the company’s catalysts is the construction of its infrastructure. Here are the highlights of its new financial statements:
– Volume increased by 100% to
– Due to the acquisition, the cost of revenue related to the transaction was
– R&D expenditure increased in 2021 to
– The increase in R&D is the result of increased costs for expanded clinical trial programs in Crohn’s disease and COVID-19 in 2021.
– Other expenses also increased for 2021 to
– Net loss for 2021 was
HANDLEY, CEO STAB, OPTIMISTIC ON 2022 PERFORMANCE
“We have taken many steps to continue the development of our clinical-stage pipeline, which positions us well to achieve many milestones in 2022,” said
The STAB develops new immunotherapies targeting emerging autoimmune viruses, neutropenia/anemia and cancers based on a proprietary platform designed to rebalance the body’s immune system and restore homeostasis.
STAB ADDS TO ITS COUNCIL
STAB has also added to its board of directors
“We are delighted to welcome
Keep STAB stock on your
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