ARTL Artelo Biosciences Inc.

0.85
+0.04  (+5%)
Previous Close 0.81
Open 0.84
52 Week Low 0.451
52 Week High 3.67
Market Cap $20,819,885
Shares 24,493,982
Float 24,129,139
Enterprise Value $9,709,456
Volume 335,383
Av. Daily Volume 337,326
Stock charts supplied by TradingView

Upcoming Catalysts

Drug Stage Catalyst Date
ART27.13 (CAReS)
Cancer-Related Anorexia and Weight Loss
Phase 1/2
Phase 1/2
Premium membership is required to view catalyst dates, analyst ratings, earnings dates and cash burn data. Click here to unlock and sign up to a 14-day FREE TRIAL.

Latest News

  1. SOLANA BEACH, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ:ARTL), a clinical stage pharmaceutical company developing therapeutics that modulate endogenous signaling pathways, including the endocannabinoid system, today announced that Gregory Gorgas, President and Chief Executive Officer of Artelo Biosciences, will be presenting at the H.C. Wainwright 23rd Annual Global Investment Conference being held virtually September 13-15, 2021.

    Artelo's presentation will be available on-demand to registered attendees via the conference platform beginning Monday, September 13, 2021 at 7:00 AM Eastern Time. Management will be participating in one-on-one meetings with qualified members of the investor community throughout…

    SOLANA BEACH, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ:ARTL), a clinical stage pharmaceutical company developing therapeutics that modulate endogenous signaling pathways, including the endocannabinoid system, today announced that Gregory Gorgas, President and Chief Executive Officer of Artelo Biosciences, will be presenting at the H.C. Wainwright 23rd Annual Global Investment Conference being held virtually September 13-15, 2021.

    Artelo's presentation will be available on-demand to registered attendees via the conference platform beginning Monday, September 13, 2021 at 7:00 AM Eastern Time. Management will be participating in one-on-one meetings with qualified members of the investor community throughout the conference.

    The webcast of the Company's presentation can also be accessed here and on the investor relations section of Artelo's website at https://ir.artelobio.com/ as of 7:00 AM Eastern Time on Monday, September 13, 2021.

    About Artelo Biosciences

    Artelo Biosciences, Inc. is a clinical stage pharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that target lipid signaling pathways, including the endocannabinoid system. Artelo is rapidly advancing a portfolio of broadly applicable product candidates designed to address significant unmet needs in multiple diseases and conditions, including anorexia, cancer, PTSD, pain, and inflammation. Led by proven pharmaceutical executives collaborating with highly respected researchers and technology experts, Artelo applies leading edge scientific, regulatory, and commercial discipline to develop high-impact therapies. More information is available at www.artelobio.com and Twitter: @ArteloBio.

    Investor Relations Contact:

    Crescendo Communications, LLC

    Tel: 212-671-1020

    Email: ARTL@crescendo-ir.com



    Primary Logo

    View Full Article Hide Full Article
  2. Study finds no in-vitro pharmacological difference in the antiproliferative, anti-inflammatory, or permeability effects of purified natural versus synthetic CBD

    Study further validates Artelo's strategy to develop a synthetic CBD-cocrystal with enhanced pharmaceutical properties as well as synergistic use of the coformer TMP

    SOLANA BEACH, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced the publication of study results in Medical Cannabis and Cannabinoids, a peer-reviewed journal. The study and related article, entitled…

    Study finds no in-vitro pharmacological difference in the antiproliferative, anti-inflammatory, or permeability effects of purified natural versus synthetic CBD

    Study further validates Artelo's strategy to develop a synthetic CBD-cocrystal with enhanced pharmaceutical properties as well as synergistic use of the coformer TMP

    SOLANA BEACH, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced the publication of study results in Medical Cannabis and Cannabinoids, a peer-reviewed journal. The study and related article, entitled "The Pharmacological Effects of Plant-Derived versus Synthetic Cannabidiol in Human Cell Lines," compared the in vitro effects of purified natural and synthetic forms of Cannabidiol (CBD) to establish any pharmacological differences in human cell lines. The study found no in-vitro pharmacological difference in the antiproliferative, anti-inflammatory, or permeability effects of purified natural versus synthetic CBD.

    Gregory D. Gorgas, President and Chief Executive Officer of Artelo Biosciences, commented, "Since this study did not find pharmacologic differences among the CBD compositions, we believe that it is the biopharmaceutical properties that have the greatest potential to differentiate CBD products. Our CBD cocrystal should contribute to improved consistency, absorption, bioavailability, processability and stability. These properties, in turn, may lead to a product candidate with better efficacy and safety."

    "Importantly, our patented cocrystal is comprised of both CBD and tetramethylpyrazine (TMP), each of which has have demonstrated anti-cancer properties in-vitro and in-vivo. However, individually, both of these compounds suffer from poor oral bioavailability. A recent study confirmed that when combined, there were synergistic and additive interactions between CBD and TMP in their ability to prevent cancer cell growth and to kill cancer cells. For this reason, we believe ART12.11 represents an attractive drug candidate targeting large indications, such as cancer, PTSD, inflammatory bowel disease and more. In addition, our recently issued composition of matter patents could form the basis for market exclusivity through the end of 2038."

    The company-sponsored study was led by Prof. Saoirse O'Sullivan, scientific advisor to Artelo Biosciences and former Professor of Pharmacology at the University of Nottingham, UK.

    About Medical Cannabis and Cannabinoids

    Medical Cannabis and Cannabinoids is a peer-reviewed journal offering an international forum to present and discuss recent advances in the rapidly developing and challenging field of the medical use of cannabis and cannabinoids. It seeks to bridge the gap between empirical and evidence-based clinical medicine by covering current basic and applied as well as translational research topics. In addition to original papers, reviews, and mini-reviews, this journal features short communications, case reports, technical notes, letters, and conference proceedings.

    About Artelo Biosciences

    Artelo Biosciences, Inc. is a clinical stage biopharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that target lipid signaling pathways, including the endocannabinoid system. Artelo is rapidly advancing a portfolio of broadly applicable product candidates designed to address significant unmet needs in multiple diseases and conditions, including anorexia, cancer, PTSD, pain, and inflammation. Led by proven biopharmaceutical executives collaborating with highly respected researchers and technology experts, the San Diego-based company applies leading edge scientific, regulatory, and commercial discipline to develop high-impact therapies. More information is available at www.artelobio.com and Twitter: @ArteloBio.

    Investor Relations Contact:

    Crescendo Communications, LLC

    Tel: 212-671-1020

    Email: ARTL@crescendo-ir.com



    Primary Logo

    View Full Article Hide Full Article
  3. LA JOLLA, Calif., July 21, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced that Ladenburg Thalmann & Co. Inc. will host an R&D showcase focused on the Phase 1b/2a Cancer Appetite Recovery Study ("CAReS"), evaluating the Company's lead drug candidate, ART27.13. The webinar will be hosted by Michael Higgins, Managing Director and Senior Biopharmaceutical Equity Research Analyst on July 28th, 2021 at 1pm EDT/10am PDT. This event will include the lead investigator on the CAReS study, Barry Laird, PhD, a Senior Clinical Consultant of Palliative Medicine…

    LA JOLLA, Calif., July 21, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced that Ladenburg Thalmann & Co. Inc. will host an R&D showcase focused on the Phase 1b/2a Cancer Appetite Recovery Study ("CAReS"), evaluating the Company's lead drug candidate, ART27.13. The webinar will be hosted by Michael Higgins, Managing Director and Senior Biopharmaceutical Equity Research Analyst on July 28th, 2021 at 1pm EDT/10am PDT. This event will include the lead investigator on the CAReS study, Barry Laird, PhD, a Senior Clinical Consultant of Palliative Medicine at St Columba's Hospice Care in Edinburg, UK. Among a number of key topics, Dr. Laird will be discussing the etiology of anorexia and the accompanying challenges of effectively treating anorexia.

    R&D Showcase:

    Date: Wednesday, July 28, 2021

    Time: 1:00 p.m. EDT / 10:00 a.m. PDT

    Link: Webinar Registration - Zoom

    About Artelo Biosciences

    Artelo Biosciences, Inc. is a clinical stage biopharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that target lipid signaling pathways, including the endocannabinoid system. Artelo is rapidly advancing a portfolio of broadly applicable product candidates designed to address significant unmet needs in multiple diseases and conditions, including anorexia, cancer, PTSD, pain, and inflammation. Led by proven biopharmaceutical executives collaborating with highly respected researchers and technology experts, the San Diego-based company applies leading edge scientific, regulatory, and commercial discipline to develop high-impact therapies. More information is available at www.artelobio.com and Twitter: @ArteloBio.

    Investor Relations Contact:

    Crescendo Communications, LLC

    Tel: 212-671-1020

    Email: ARTL@crescendo-ir.com



    Primary Logo

    View Full Article Hide Full Article
  4. Enrollment in CAReS Study in patients with cancer anorexia on track to deliver first data readout by calendar year-end

    $10.0 Million of Cash and Cash Equivalents as of May 31, 2021

    SOLANA BEACH, Calif., July 12, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid-signaling pathways, including the endocannabinoid system, today reported financial and operating results for the third fiscal 2021 quarter ended May 31, 2021 and provided a business update.

    "We are making substantial progress enrolling patients in the ongoing Phase 1/2 Cancer Appetite Recovery Study (CAReS) of our lead drug candidate, ART27.13," stated, Gregory D…

    Enrollment in CAReS Study in patients with cancer anorexia on track to deliver first data readout by calendar year-end

    $10.0 Million of Cash and Cash Equivalents as of May 31, 2021

    SOLANA BEACH, Calif., July 12, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid-signaling pathways, including the endocannabinoid system, today reported financial and operating results for the third fiscal 2021 quarter ended May 31, 2021 and provided a business update.



    "We are making substantial progress enrolling patients in the ongoing Phase 1/2 Cancer Appetite Recovery Study (CAReS) of our lead drug candidate, ART27.13," stated, Gregory D. Gorgas, President and Chief Executive Officer of Artelo Biosciences. "ART27.13 represents a novel mechanism-based strategy to stimulate appetite and weight gain that could significantly benefit patients with cancer anorexia."

    Cancer anorexia represents a global unmet need with a current market valued in excess of $2 billion despite no standard of care. As previously noted, up to 50% of cancer deaths are attributed to anorexia associated with the disease and currently there are no regulatory approved therapies in North America or Europe with an indication to treat cancer anorexia.

    "We also continue to advance our two preclinical assets towards clinical development for the treatment of cancer," added Gorgas. ART12.11 is a patented cocrystal of cannabidiol (CBD) and tetramethylpyrazine (TMP), which may have the potential to prevent cancer cell growth and kill cancer cells. The Company also continues to generate data on its FABP5 inhibitor, ART26.12, as a potential anti-cancer treatment, supported by FABP5's emerging utility as a biomarker.

    Artelo ended the third quarter with over $10.0 million of cash and cash equivalents. This level of funding is projected to enable the Company to execute on a number of key upcoming milestones before the end of 2021 and into 2022, including readout of the Phase 1b stage of the CAReS study.

    Recent Highlights:

    • Presented a poster at the 31st Annual International Cannabinoid Research Society (ICRS) Symposium featuring ART27.13 as a novel mechanism-based strategy to stimulate appetite and weight gain known to arise from CB1 receptor activation that could significantly benefit patients with cancer anorexia.
    • Presented a poster at ICRS related to Artelo's ART12.11 CBD Cocrystal and the potential to prevent cancer cell growth and kill cancer cells through co-administration of CBD and TMP.
    • Dosed first patient in CAReS study with ART27.13 for the treatment of cancer-related anorexia and weight loss.
    • Announced positive laboratory data associated with proprietary CBD cocrystal demonstrating co-administration of CBD and TMP can confer ART12.11 with a more desirable pharmacodynamic profile compared to either CBD or TMP alone.
    • Appointed Tamara A. Seymour, CPA, to Artelo's Board of Directors and to serve on the Audit Committee.

    Third Quarter Fiscal 2021 Financial Results:

    • Operating expenses, for the three months ended May 31, 2021 were $2,251,412 compared to $951,395 for the same period in 2020. The Company's operating expenses were primarily related to increased research and development activities, professional fees for ongoing regulatory requirements, and general and administrative expenses, which included $618,358 in non-cash stock-based compensation expense.
    • Net loss was approximately $2,249,792, or $0.10 per basic and diluted share for the quarter ended May 31, 2021 compared to a net loss of $951,191, or $0.27 per basic and diluted share for the quarter ended May 31, 2020.
    • As of May 31, 2021, the Company had approximately $10,052,288 in cash and cash equivalents.

    About Artelo Biosciences

    Artelo Biosciences, Inc. is a clinical stage biopharmaceutical company dedicated to the development and commercialization of proprietary therapeutics targeting lipid-signaling pathways, including the endocannabinoid system. Artelo is rapidly advancing a portfolio of broadly applicable product candidates designed to address significant unmet needs in multiple diseases and conditions, including anorexia, cancer, PTSD, pain, and inflammation. The Company applies leading edge scientific, regulatory, and commercial discipline to develop high-impact therapies. More information is available at www.artelobio.com and Twitter: @ArteloBio.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.

    Investor Relations Contact:

    Crescendo Communications, LLC

    Tel: 212-671-1020

    Email: ARTL@crescendo-ir.com 



    Primary Logo

    View Full Article Hide Full Article
  5. LA JOLLA, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced that management will be presenting and hosting 1x1 meetings during the Ladenburg Thalmann Healthcare Conference taking place virtually July 13-14, 2021.

    Gregory D. Gorgas, Artelo's President and Chief Executive Officer, is scheduled to host a virtual presentation during the event as follows:

    2021 Ladenburg Thalmann Healthcare Conference
    Date: Wednesday, July 14, 2021
    Time: 3:00 p.m. EST / 12:00 p.m. PST
    Webcast: https://wsw.com/webcast/ladenburg7/artl/2425233

    About Artelo Biosciences

    LA JOLLA, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, today announced that management will be presenting and hosting 1x1 meetings during the Ladenburg Thalmann Healthcare Conference taking place virtually July 13-14, 2021.

    Gregory D. Gorgas, Artelo's President and Chief Executive Officer, is scheduled to host a virtual presentation during the event as follows:

    2021 Ladenburg Thalmann Healthcare Conference

    Date: Wednesday, July 14, 2021

    Time: 3:00 p.m. EST / 12:00 p.m. PST

    Webcast: https://wsw.com/webcast/ladenburg7/artl/2425233

    About Artelo Biosciences

    Artelo Biosciences, Inc. is a clinical stage biopharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that target lipid signaling pathways, including the endocannabinoid system. Artelo is rapidly advancing a portfolio of broadly applicable product candidates designed to address significant unmet needs in multiple diseases and conditions, including anorexia, cancer, PTSD, pain, and inflammation. Led by proven biopharmaceutical executives collaborating with highly respected researchers and technology experts, the San Diego-based company applies leading edge scientific, regulatory, and commercial discipline to develop high-impact therapies. More information is available at www.artelobio.com and Twitter: @ArteloBio.

    Forward Looking Statements



    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.

    Investor Relations Contact:

    Crescendo Communications, LLC

    Tel: 212-671-1020

    Email: ARTL@crescendo-ir.com



    Primary Logo

    View Full Article Hide Full Article
View All Artelo Biosciences Inc. News