VIVORYON Stock Bullish Momentum With A 9.19% Rise On Monday

(VIANEWS) – The Market ended the session with VIVORYON (VVY.AS) jumping 9.19% to €2.55 on Monday, following the last session’s downward trend. AEX-Index slid 0.8% to €910.12, after two sequential sessions in a row of gains, on what was a somewhat down trend trading session today.

VIVORYON’s last close was €2.33, 83.48% below its 52-week high of €14.10.

About VIVORYON

Vivoryon Therapeutics N.V., a clinical stage biopharmaceutical company, engages in the research, development, and commercialize small molecule-based medicines. Its pipeline products target toxic pyroglutamate-Abeta (pGlu-Abeta), which inhibits the production of pGlu-Abeta. The company's lead product candidate is PQ912, a nanomolar QPCT inhibitor that has completed Phase IIb clinical trials for use in the treatment of Alzheimer's disease. In addition, the company is developing a monoclonal antibody PBD-C06 is for N3pE-Abeta. Vivoryon Therapeutics N.V. has a collaboration agreement with Nordic Bioscience for the clinical development of PQ912 for Alzheimer's disease; and research collaboration with the Fraunhofer Institute for cell therapy and immunology, as well as a strategic regional licensing partnership with Simcere Pharmaceutical Group Ltd. to develop and commercialize medicines targeting the neurotoxic amyloid species N3pE (pGlu-Abeta) to treat Alzheimer's disease. Vivoryon Therapeutics N.V. was founded in 1997 and is headquartered in Halle, Germany.

Earnings Per Share

As for profitability, VIVORYON has a trailing twelve months EPS of €-1.12.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -107.38%.

More news about VIVORYON (VVY.AS).

Leave a Reply

Your email address will not be published. Required fields are marked *