The biopharmaceutical company, Arbutus Biopharma Corporation (NASDAQ: ABUS), is one of the publicly-traded companies that deal with liposomal drug delivery and RNA interference. Headquartered in Vancouver, British Columbia, the pharma company is also an expert in developing drugs and medicines for curing Hepatitis B infection.
Founded in 2007, the pharmaceutical company has products such as HBV Therapies, ARB-1467, ARB-1740, and AB-423 have the research facilities in Warminster, Pennsylvania. Formerly known as Tekmira, develops formulations of off patient cancer drugs and is licensed to provide manufacturing facilities concerning RNA technology.
The company aims to provide new HBV Treatment for patients with chronic HBV infection. The treatment would be done in fixed treatment duration with high quality of cure rate. The treatment is carried out when a cure is made functional cure to reduce to undetectable levels and the patient can sustain it for six months after a fixed duration of treatment.
The medication provided to the patients consists of RNA Interference Therapeutics, inhibitors which are oral capsid, PDL 1, and oral HBV RNA Destabilizers inhibited from oral compounds for curing the chronic HBV Infection.
The spread of the ABUS company is all overestimated 27 million out of a total of 250 million worldwide which is 10.5% of the total. The stock and financial information for the Arbutus company includes information such as the listing of its stock, shared issues, fiscal year-end, and lot more.
The Arbutus ‘s stock is listed under the symbol ABUS stock at https://www.webull.com/newslist/nasdaq-abus on the NASDAQ. December 31 is the fiscal year-end for Arbutus. Ernst and Young LLP are the auditors of Arbutus Biopharma Company. For the taxable year 2019, the company is not listed as a PFIC i.e. Passive foreign Investment Company.
Currently, Arbutus Biopharma (NASDAQ: ABUS), in the market is trading at the price of $2.43 with an increase of 29.79%. the company’s market performance is assessed by long term shareholders with the P/E Ratio. When the ratio is low, it indicates that the undervalue of the company with the lower performance of stocks.
It also means that the shareholders expect less value than expected and pay less than a high share price. The P/E ratio for the Arbutus Biopharma is low i.e. 0.0 in comparison to the biotechnology industry. The lower P/E ratio for the company indicated that the company might be undervalued and would offer low performance.
The high stock of the company for 52 weeks is 33.69% for the company. This opens up opportunities for shareholders to capitalize on the higher share price with all the other factors kept constant. You can check more news like btcusd at https://www.webull.com/newslist/fx-btcusd .