ADTX ADiTx Therapeutics Inc.

2.11
-0.04  -2%
Previous Close 2.15
Open 2.13
52 Week Low 1.62
52 Week High 9.58
Market Cap $19,957,207
Shares 9,458,392
Float 7,635,867
Enterprise Value $21,693,721
Volume 295,789
Av. Daily Volume 875,191
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Drug Pipeline

Drug Stage Notes
ADi
Psoriasis
Phase 1/2
Phase 1/2
Phase 1/2 trial planned.

Latest News

  1. Dr. Runge brings 35 years' experience as an Emergency Medicine Physician, Federal Government Executive and Public Policy Strategist

    Mountain View, CA, Oct. 01, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has appointed Dr. Jeffrey Runge, MD, FACEP, to the Company's Board of Directors effective as of July 16, 2020. Dr. Runge will be an independent director in accordance with the applicable rules of the Nasdaq Stock Market LLC.

    Dr. Runge has over 35-years of clinical, research, leadership…

    Dr. Runge brings 35 years' experience as an Emergency Medicine Physician, Federal Government Executive and Public Policy Strategist

    Mountain View, CA, Oct. 01, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has appointed Dr. Jeffrey Runge, MD, FACEP, to the Company's Board of Directors effective as of July 16, 2020. Dr. Runge will be an independent director in accordance with the applicable rules of the Nasdaq Stock Market LLC.

    Dr. Runge has over 35-years of clinical, research, leadership, and administrative experience, as well as being a board-certified physician in emergency medicine. Most notably, from 2001-2005 Dr. Runge served as the U.S. Department of Homeland Security's (DHS) first Chief Medical Officer and Assistant Secretary for Health Affairs, where he led the reorganization of biodefense operations into a new Office of Health Affairs.

    Amro Albanna, Co-Founder and Chief Executive Officer of Aditxt, stated, "Aditxt is pleased to welcome Dr. Jeffrey Runge as our newest board director. Jeff has a long history of innovation, leadership, and success developing impactful strategies, programs and policies in the public, institutional healthcare, and private sectors. His expertise spans the fields of homeland defense, threat mitigation and prevention, medical preparedness, regulatory framework, and medical services delivery. His experience as a creator and developer of regulation as Chief Medical Officer of a newly formed governmental agency will provide tremendous guidance and assistance to Aditxt as we embark on the next stages of our growth."

    Prior to his tenure at DHS, Dr. Runge served as the Administrator of the National Highway Traffic Safety Administration (NHTSA) at the U.S. Department of Transportation from 2001 – 2005. Under his leadership as head of these two government agencies Dr. Runge was responsible for over 1000 employees and contractors. Until 2001 he practiced and taught in North Carolina's busiest emergency department and trauma center, while performing research in injury prevention, trauma care, and emergency service delivery.



    Dr. Runge is a 1977 graduate of the University of the South, Sewanee, TN, and received his medical degree from the Medical University of South Carolina in 1981. He has been honored by both institutions in recent years as a Distinguished Alumnus. Dr. Runge is board certified in Emergency Medicine and has published over 60 articles in the medical literature in the fields of emergency medicine, traffic injury control and medical preparedness. He has testified 25 times before the United States Congress and various state legislatures on highway safety and homeland security issues.

    About Aditx Therapeutics

    Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit: www.aditxt.com

    Forward-Looking Statements

    Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Forward looking statements include statements regarding the Company's intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things, the Company's ongoing and planned product development; the Company's intellectual property position; the Company's ability to develop commercial functions; expectations regarding product launch and revenue; the Company's results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled "Risk Factors" in the Company's prospectus, dated September 1, 2020, that was filed with the Securities and Exchange Commission under File No. 333-248491, as well as discussions of potential risks, uncertainties, and other important factors in the Company's subsequent filings with the Securities and Exchange Commission. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.



    Investor Relations:

    PCG Advisory

    Jeff Ramson

    Chief Executive Officer



    646-762-4518

    www.aditxt.com

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  2. Virtual Presentation on Wednesday, September 16th at 3:00 PM EDT

    Loma Linda, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it will be presenting at the H.C. Wainwright 22nd Annual Global Investment Conference being held virtually from September 14-16, 2020. The presentation is scheduled for Wednesday, September 16th at 3:00 PM EDT.

    Amro Albanna, Co-founder and Chief Executive Officer of Aditxt, will be presenting a corporate overview to a live audience and will be available for virtual one-on-one…

    Virtual Presentation on Wednesday, September 16th at 3:00 PM EDT

    Loma Linda, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it will be presenting at the H.C. Wainwright 22nd Annual Global Investment Conference being held virtually from September 14-16, 2020. The presentation is scheduled for Wednesday, September 16th at 3:00 PM EDT.

    Amro Albanna, Co-founder and Chief Executive Officer of Aditxt, will be presenting a corporate overview to a live audience and will be available for virtual one-on-one meetings with investors throughout the conference.

    The presentation will be webcast live and may be accessed by following this link: https://wsw.com/webcast/hcw7/adtx/1609577

    About Aditx Therapeutics

    Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit www.aditxt.com.

    Forward-Looking Statements

    Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include statements regarding the Company's intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things, the Company's ongoing and planned product development; the Company's intellectual property position; the Company's ability to develop commercial functions; expectations regarding product launch and revenue; the Company's results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled "Risk Factors" in the Company's prospectus, dated September 1, 2020, that was filed with the U.S. Securities and Exchange Commission under File No. 333-248491, as well as discussions of potential risks, uncertainties, and other important factors in the Company's subsequent filings with the U.S. Securities and Exchange Commission. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations Contact:

    PCG Advisory

    Jeff Ramson

    Chief Executive Officer

    646-762-4518

     

    www.aditxt.com

    Primary Logo

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  3. LOMA LINDA, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced the closing of its previously announced upsized $9.6 million underwritten public offering of 2,400,000 units, with each unit consisting of one share of common stock, one Series A-1 Warrant, and one Series B-1 Warrant.

    The Series A-1 Warrants permit the holder to purchase one share of common stock at an exercise price of $3.19 per share and expire after 5 years. The Series B-1 Warrants are exercisable at $5.00 per share and expire…

    LOMA LINDA, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced the closing of its previously announced upsized $9.6 million underwritten public offering of 2,400,000 units, with each unit consisting of one share of common stock, one Series A-1 Warrant, and one Series B-1 Warrant.

    The Series A-1 Warrants permit the holder to purchase one share of common stock at an exercise price of $3.19 per share and expire after 5 years. The Series B-1 Warrants are exercisable at $5.00 per share and expire after 5 years. The Series B-1 Warrants contain an exchange feature that will permit the holder to exchange the warrant into shares of common stock on a one-for-one basis any time commencing the earlier of 10 trading days from the offering or when $10 million of volume is traded in the Company's common stock, if the closing stock price of the Company's common stock on the date of exercise is below the exercise price of the Series B-1 Warrant. The underwriters continue to hold a 45-day option to purchase up to an additional 360,000 shares of common stock. 

    Each unit was sold at price of $4.00.  The common stock and the accompanying warrants included in the units were purchased together in this offering but were issued separately and were immediately separable upon issuance.

    The Company is also offering to those purchasers, if any, whose purchase of common stock in the offering would otherwise result in such purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% of the Company's outstanding common stock immediately following the consummation of the offering, the opportunity, in lieu of purchasing common stock, to purchase non-voting Series A Convertible Preferred Stock ("Preferred Stock"). Each share of Preferred Stock is being sold together with the same warrants described above being sold with each share of common stock. For each share of Preferred Stock purchased in the offering in lieu of common stock, the Company will reduce the number of shares of common stock being sold in the offering on a one-for-one basis.

    The Company does not intend to apply for any listing of either of the warrants or the Preferred Stock on the Nasdaq Capital Market or any other securities exchange or nationally recognized trading system, and it does not expect a market to develop for the Preferred Stock, Series A-1 Warrants or the Series B-1 Warrants.

    Dawson James Securities, Inc. acted as the sole book-running manager for the offering. Sheppard, Mullin, Richter & Hampton LLP acted as counsel to the Company in connection with the offering. 

    A registration statement relating to the offering of these securities was declared effective by the Securities and Exchange Commission (the "SEC") on September 1, 2020. Copies of the registration statement can be accessed by visiting the SEC's website at www.sec.gov. The offering was made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained by visiting the SEC's website or from: Dawson James Securities, 1 N. Federal Highway 5th Floor Boca Raton, Florida 33432, Attention: Prospectus Department or by telephone at 1(866) 928-0928 or email at .

    This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

    About Aditx Therapeutics

    Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit: www.aditxt.com

    Forward-Looking Statements

    Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include statements regarding the Company's intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company's ongoing and planned product development; the Company's intellectual property position; the Company's ability to develop commercial functions; expectations regarding product launch and revenue; the Company's results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission and the risk factors relating to its business contained therein, which are available at the SEC's website (www.sec.gov). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

    Investor Relations:

    PCG Advisory

    Jeff Ramson

    Chief Executive Officer



    646-762-4518

    www.aditxt.com

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  4. Will Serve as Advisor and Brand Ambassador to Overall Platform and Individual Applications

    Loma Linda, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has appointed Dr. Drew as Senior Advisor, AditxtScore™, effective September 1, 2020.

    Dr. Drew, a practicing physician, internist, and an addiction medicine specialist, will advise on the development of AditxtScore™ platform, and its various potential applications including possibly scoring immunity to COVID-19 and other infectious…

    Will Serve as Advisor and Brand Ambassador to Overall Platform and Individual Applications

    Loma Linda, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has appointed Dr. Drew as Senior Advisor, AditxtScore™, effective September 1, 2020.

    Dr. Drew, a practicing physician, internist, and an addiction medicine specialist, will advise on the development of AditxtScore™ platform, and its various potential applications including possibly scoring immunity to COVID-19 and other infectious diseases, as well as autoimmune disorders such as Type I Diabetes. 

    And as a well-known American media personality, Dr. Drew will act as brand ambassador as he advises on the overall marketing and deployment strategies of AditxtScore™.  He will also assist in the planning and introduction of the platform and its applications for the medical and consumer markets.

    Amro Albanna, Co-Founder and Chief Executive Officer of Aditxt, stated, "Dr. Drew is a key addition to our leadership team and I am very proud that he will become a part of our journey.  I believe Dr. Drew's scientific, medical, and media background will make him a great fit for executing our vision for AditxtScore.  With today's announcement and the ones we recently made, I believe the market will begin to see how we are laying a strong foundation necessary for commercializing our therapeutics as well as our immune monitoring biotechnologies."

    Dr. Pinsky added,"I believe that the AditxtScore platform could be game changing because it has the ability to alter how we keep abreast of changes in our immune system. The initial focus will be to further develop AditxtScore for COVID-19 to try to detect vaccine-induced or natural immunity to COVID-19 and other infectious agents.  I believe knowing whether or not someone is infected simply isn't enough. We must work to be able to evaluate someone's immune status in order to make informed decisions as we reopen the global economy.  I look forward to working with the team at Aditxt and contributing to the development and roll out of the AditxtScore platform."

    Dr. Drew is a diplomat of the American Board of Internal Medicine, the American Board of Addiction Medicine, and a fellow with the American College of Physicians (FACP). He has been appointed to the Alpha Omega Alpha Honor Medical Society and is also a member of the board for the Prostate Cancer Foundation.

    He began his media career while attending medical school in 1984 and is known for his work on radio, television, and podcasts. He is also the author of the New York Times bestseller "The Mirror Effect: How Celebrity Narcissism is Seducing America", and "Cracked: Putting Broken Lives Together Again". Dr. Drew co-authored the first academic study on celebrities and narcissism, which was published in the Journal of Research in Personality (Elsevier) and received worldwide press coverage. Dr. Drew has an undergraduate degree in biology from Amherst College and earned his Doctor of Medicine degree from the University of Southern California School of Medicine. 

    About Aditx Therapeutics

    Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit: www.aditxt.com

    Forward-Looking Statements

    Certain statements in this press release by Aditxt and/or Dr. Drew Pinsky constitute "forward-looking statements" within the meaning of the federal securities laws. Forward looking statements include statements regarding the Company's intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things, the Company's ongoing and planned product development; the Company's intellectual property position; the Company's ability to develop commercial functions; expectations regarding product launch and revenue; the Company's results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled "Risk Factors" in the Company's prospectus, dated September 1, 2020, that was filed with the U.S. Securities and Exchange Commission under File No. 333-248491, as well as discussions of potential risks, uncertainties, and other important factors in the Company's subsequent filings with the U.S. Securities and Exchange Commission. All such statements speak only as of the date made, and neither the Company or Dr. Drew Pinsky undertakes any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.



    Investor Relations:

    PCG Advisory

    Jeff Ramson

    Chief Executive Officer

     

    646-762-4518

    www.aditxt.com

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  5. LOMA LINDA, CA, Sept. 03, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has signed a Collaboration Agreement with Salveo Diagnostics, Inc., a CLIA and CAP Accredited laboratory company focused on end-to-end personalized medicine solutions aimed at preventing, stopping, and reversing the epidemic of chronic disease.

    Aditxt believes that the collaboration provides it with access to a regulatory path, operational foundation and sales channels that will enable the Company to accelerate the launch of theAditxtScore™…

    LOMA LINDA, CA, Sept. 03, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aditx Therapeutics, Inc. (Aditxt) (the "Company") (NASDAQ:ADTX), a life sciences company developing biotechnologies focused on improving the health of the immune system through immune monitoring and reprogramming, today announced that it has signed a Collaboration Agreement with Salveo Diagnostics, Inc., a CLIA and CAP Accredited laboratory company focused on end-to-end personalized medicine solutions aimed at preventing, stopping, and reversing the epidemic of chronic disease.

    Aditxt believes that the collaboration provides it with access to a regulatory path, operational foundation and sales channels that will enable the Company to accelerate the launch of theAditxtScore™ platform. Aditxt will be seeking to utilize Salveo's facilities and capabilities as a launching pad for commercializing AditxtScore™ starting in Q4, 2020. As previously announced, Aditxt submitted an Emergency Use Authorization (EUA) application with the U.S. Food and Drug Administration (FDA) for AditxtScore™ for COVID-19, for use in detecting antibodies against SARS-CoV-2 antigens.

    Amro Albanna, Co-founder and Chief Executive Officer of Aditxt, stated, "The collaboration with Salveo is the first step towards commercializing AditxtScore.  With the completion of the recently announced $9.6 million follow-on offering and this partnership, we believe that we are now positioned to advance AditxtScore as a key growth driver for Aditxt."

    Mark Chapman, CEO of Salveo, added, "We believe that the AditxtScore platform will add to the abilities of the diagnostic industry as Aditxt continues to introduce applications, such as predicting immune responses to vaccination and early detection of Type I Diabetes, among others. We look forward to partnering with the team at Aditxt to pursuing and expanding commercial and consumer opportunities in the health and wellness space, ultimately resulting in better health for consumers of all ages."

    About Salveo Diagnostics 

    Headquartered in Richmond, VA, Salveo Diagnostics, Inc. is a state-of-the-art laboratory that offers biomarker testing designed to detect underlying patient health trends and conditions early, creating an opportunity for prevention and reversal of disease. Through their advanced propriety algorithm, Salveo Diagnostics provides a unique platform to help clinicians uncover the root cause of their patients' symptoms, offering a real alternative to the "one-size-fits-all" approach. Using high-quality testing with evidence-based biomarkers of gastrointestinal health, cardiometabolic health, nutritional health, hormonal health and many others, we help guide individualized therapies to provide focused support for patients on their journey to being well.

    About Aditx Therapeutics

    Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. The immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. The immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit www.aditxt.com.

    Forward-Looking Statements

    Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include statements regarding the Company's intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things, the Company's ongoing and planned product development; the Company's intellectual property position; the Company's ability to develop commercial functions; expectations regarding product launch and revenue; the Company's results of operations, cash needs, spending, financial condition, liquidity, prospects, growth and strategies; the industry in which the Company operates; and the trends that may affect the industry or the Company. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled "Risk Factors" in the Company's prospectus, dated June 29, 2020, that was filed with the U.S. Securities and Exchange Commission under File No. 333-235933, as well as discussions of potential risks, uncertainties, and other important factors in the Company's subsequent filings with the U.S. Securities and Exchange Commission. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations Contact:

    PCG Advisory

    Jeff Ramson

    Chief Executive Officer

    646-762-4518

     

    www.aditxt.com

    Primary Logo

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