(vianews) - shares of medincell (cac 40: medcl.pa) fell by a staggering 27.27% in 21 sessions from €9.35 to €6.80 at 11:05 est on monday, following the last session's upward trend. cac 40 is falling 0.03% to €7,490.04, after two sequential sessions in a row of gains.
medincell's last close was €6.76, 35.62% below its 52-week high of €10.50.
about medincell
medincell s.a. develops various therapeutic solutions in france. it develops solutions based on bepo, a technology for long-acting injectable products based on proprietary copolymers and a biocompatible solvent, which solubilizes or suspends the active pharmaceutical ingredients. the company's products in development include mdc-irm, a risperidone extended-release injectable suspension completed phase iii trial for use in the treatment of schizophrenia; mdc-cwm, a sustained-release formulation of celecoxib in phase iii trials for use in the treatment of reduction of postoperative pain & inflammation; and mdc-tjk, a subcutaneous injection in phase iii trials for use in the treatment of schizophrenia. its product candidates in preclinical trials, such as mdc-ang, an antipsychotic product for use in the treatment of schizophrenia; mdc-ttg for covid-19 and its variants; mdc-grt for use in organ transplant; mdc-wwm for contraception; mdc-stm for use in malaria; mdc-kpt for use in acute pain for pets; and mdc-irm for use in neuroscience. the company was incorporated in 2003 and is based in jacou, france.
earnings per share
as for profitability, medincell has a trailing twelve months eps of €-0.93.
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