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ABVC BioPharma, Inc.

1.95

+0.180010.17%

Post-market: 1.95-0.0015-0.08%18:55 EDT

Volume:483.14K

Turnover:913.46K

Market Cap:31.69M

PE:-8.70

High:1.98

Open:1.82

Low:1.78

Close:1.77

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Overview Company News Filings

Final Study Completed for Cingulate’s Lead Asset CTx-1301

Neumora Stock Hits Record Low on Depression Drug Study Failure

Buy Rating Maintained for Neumora Therapeutics Due to Promising MDD Trial Results and Strong Financial Position

Neumora Therapeutics' stock craters after trial of major depressive disorder fails to meet main goals

ABVC BioPharma Secures an Additional Patent for ADHD Treatment, in Addition to the Granted U.S. and Australian Patents, Moving Forward to the Global Patent Map of $32.14 Billion Potential Market

Neumora Therapeutics Reports Data from KOASTAL-1 Study of Navacaprant in Major Depressive Disorder

Elite Pharmaceuticals Launches Generic Vyvanse for ADHD Market

MIRA Pharmaceuticals Submits IND for Ketamir-2 to FDA, Marking a Significant Milestone in the Company's Pipeline Development

ABVC Biopharma Seeks to Revolutionize Mental Health Treatment With a Safe Prozac Alternative, Boasting a Madrs Score Reduction of -13.21

THOMSON REUTERS

ABVC BioPharma Seeks to Revolutionize Mental Health Treatment With a Safe Prozac Alternative, Boasting a MADRS Score Reduction of -13.21

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KANSAS CITY, Kan., Jan. 07, 2025  -- Cingulate Inc., a biopharmaceutical company utilizing its proprietary Precision Timed Release  drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, announced today that it has completed its final FDA-required study, which is a food effect study, for CTx-1301  for the treatment of Attention Deficit Hyperactivity Disorder .The primary PK endpoints were maximum concentration  during the first 28 hours after dosing, and the total amount of the active pharmaceutical ingredient , dexmethylphenidate, in the blood  from dosing to the time of the last measured concentration  and from dosing taken to the limit as the end time becomes arbitrarily large . Overall, the effect of food on the PK of orally administered long-acting stimulants is generally minimal: following a high-fat meal, there is potential for the ra","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/final-study-completed-cingulate-lead-123000121.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4023","BK4218","BK4181","BK4551","API","ADME","BK4503","BK4535","CING","ABVC","BK4139","PK","CINGW","BK4007","ADHD"],"gpt_icon":0},{"id":"2500145917","title":"Neumora Stock Hits Record Low on Depression Drug Study Failure","url":"https://stock-news.laohu8.com/highlight/detail?id=2500145917","media":"Zacks","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500145917?lang=en_us&edition=fundamental","pubTime":"2025-01-03 22:14","pubTimestamp":1735913640,"startTime":"0","endTime":"0","summary":"The phase III KOASTAL-1 study evaluated the efficacy and safety of navacaprant against placebo in adults with moderate-to-severe MDD over a six-week treatment period. The study failed to achieve its primary endpoint – treatment with the drug failed to demonstrate a significant improvement over placebo in alleviating depression symptoms, as measured by the Montgomery-Asberg Depression Rating Scale .The study also failed to show statistically significant improvement in the reduction of anhedonia , as assessed by the Snaith-Hamilton Pleasure Scale .The KOASTAL-1 study is one of the three late-stage studies in the KOASTAL program evaluating navacaprant in the MDD indication. Despite the study's failure, Neumora intends to continue the other two studies. In the meantime, management continues to further analyze the study results, as management claimed that the drug showed an efficacy signal in female patients.Following the news, shares of Neumora hit an all-time low of $1.83. 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Neumora Therapeutics Inc.'s stock tumbled 80% Thursday, after the clinical-stage biotech said a late-stage trial of a treatment for major depressive disorder failed to meet its main goals.The Watertown, Mass.-based company  said the Phase 3 trial of navacaprant failed to demonstrate statistically significant improvement on the primary endpoint of reduction in depressive symptom compared to placebo at week 6.Navacaprant is the company's main product candidate, and was measured using the Montgomery-sberg Depression Rating Scale, or MADRS, a 10-question diagnostic questionnaire used by mental-health professionals to measure the severity of depressive symptoms.The treatment did show an efficacy signal in women, however and the company will further analyze the data, he said.\"There is a lot to investigate from this study, in particular the contrast in drug and placebo responses in depressed ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LENZ","BK4139","BK4007","ABVC","NMRA"],"gpt_icon":0},{"id":"2500924951","title":"ABVC BioPharma Secures an Additional Patent for ADHD Treatment, in Addition to the Granted U.S. and Australian Patents, Moving Forward to the Global Patent Map of $32.14 Billion Potential Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2500924951","media":"NewMediaWire","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500924951?lang=en_us&edition=fundamental","pubTime":"2025-01-02 22:00","pubTimestamp":1735826400,"startTime":"0","endTime":"0","summary":"This patent adds to ABVC's prior successes, including similar patents granted by the United States Patent and Trademark Office  in 2021 and the Australian Patent Office  in 2024. These approvals collectively reinforce ABVC's strength in developing natural, botanical-based therapies for ADHD.The patented treatment, utilizing Polygala tenuifolia extract, represents a novel approach to addressing the core symptoms of ADHD through its Norepinephrine Transporter  inhibition mechanism. This innovative solution holds promise for patients inadequately managed by existing therapies.\"Strengthening Our Global Position in ADHD Innovation\"\"The approval of this patent in Taiwan is a testament to our commitment to advancing ADHD care,\" said Dr. Uttam Patil, ABVC Chief Executive Officer. \"With patents now granted in three key jurisdictions, we are strategically positioned to expand the global reach of this groundbreaking therapy, in an effort to improve outcomes for patients worldwide.\". 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Elite Pharmaceuticals announced the launch of its generic version of Vyvanse® (Lisdexamfeta...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/elite-pharmaceuticals-launches-generic-vyvanse-for-adhd-market?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/elite-pharmaceuticals-launches-generic-vyvanse-for-adhd-market?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","ADHD","ABVC"],"gpt_icon":0},{"id":"2492517061","title":"MIRA Pharmaceuticals Submits IND for Ketamir-2 to FDA, Marking a Significant Milestone in the Company's Pipeline Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2492517061","media":"ACCESSWIRE","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492517061?lang=en_us&edition=fundamental","pubTime":"2024-12-19 22:00","pubTimestamp":1734616800,"startTime":"0","endTime":"0","summary":"MIAMI, FL / ACCESSWIRE / December 19, 2024 / MIRA Pharmaceuticals, Inc. , a preclinical-stage pharmaceutical company focused on developing therapies for neurological and neuropsychiatric disorders, today announced that it has submitted an Investigational New Drug  application to the U.S. Food and Drug Administration  for Ketamir-2, its novel oral ketamine analog for the treatment of neuropathic pain. The IND submission marks a major step in advancing Mira's lead drug candidate while reflecting its commitment to meeting milestones and timelines.Ketamir-2 is specifically designed to address the limitations of existing treatments through its selective targeting of the NMDA receptor. By binding to a specific site on the NMDA receptor with low affinity, Ketamir-2 significantly reduces the risk of psychotropic effects commonly associated with traditional ketamine. Furthermore, it is not a substrate for P-glycoprotein , which allows for better oral absorption and enhanced blood-brain barrier ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mira-pharmaceuticals-submits-ind-ketamir-140000120.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4139","BK4007","ABVC","BK4159","MIRA","CAGR"],"gpt_icon":0},{"id":"2492848178","title":"ABVC Biopharma Seeks to Revolutionize Mental Health Treatment With a Safe Prozac Alternative, Boasting a Madrs Score Reduction of -13.21","url":"https://stock-news.laohu8.com/highlight/detail?id=2492848178","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492848178?lang=en_us&edition=fundamental","pubTime":"2024-12-19 21:30","pubTimestamp":1734615002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241219:nTUABYYWFX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ABVC","BK4139"],"gpt_icon":0},{"id":"2492417896","title":"ABVC BioPharma Seeks to Revolutionize Mental Health Treatment With a Safe Prozac Alternative, Boasting a MADRS Score Reduction of -13.21","url":"https://stock-news.laohu8.com/highlight/detail?id=2492417896","media":"GlobeNewswire","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492417896?lang=en_us&edition=fundamental","pubTime":"2024-12-19 21:30","pubTimestamp":1734615000,"startTime":"0","endTime":"0","summary":"FREMONT, Calif., Dec.  19, 2024  (GLOBE NEWSWIRE) -- ABVC BioPharma, Inc. (NASDAQ: ABVC), a clinical-stage biopharmaceutical company focused on innovative treatments in ophthalmology, CNS (central 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