Genelux Corporation (GNLX)

NASDAQ: GNLX · IEX Real-Time Price · USD
3.650
+0.050 (1.39%)
At close: May 17, 2024, 4:00 PM
3.760
+0.110 (3.01%)
After-hours: May 17, 2024, 7:40 PM EDT
1.39%
Market Cap 100.16M
Revenue (ttm) 8,000
Net Income (ttm) -25.78M
Shares Out 27.00M
EPS (ttm) -0.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 37,240
Open 3.620
Previous Close 3.600
Day's Range 3.470 - 3.730
52-Week Range 3.060 - 40.980
Beta n/a
Analysts Strong Buy
Price Target 31.75 (+769.86%)
Earnings Date May 9, 2024

About GNLX

Genelux Corporation, a clinical-stage biopharmaceutical company, focuses on developing next-generation oncolytic viral immunotherapies for patients suffering from aggressive and/or difficult-to-treat solid tumor types. Its lead product candidate is Olvi-Vec, a proprietary modified strain of the vaccinia virus for the treatment of ovarian cancer and non-small cell lung cancer. The company is also developing V2ACT Immunotherapy for treating pancreatic cancer. Genelux Corporation has a licensing agreement with ELIAS Animal Health, LLC for V-VET1, ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jan 26, 2023
Employees 23
Stock Exchange NASDAQ
Ticker Symbol GNLX
Full Company Profile

Financial Performance

In 2023, Genelux's revenue was $170,000, a decrease of -98.46% compared to the previous year's $11.07 million. Losses were -$28.30 million, 443.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GNLX stock is "Strong Buy." The 12-month stock price forecast is $31.75, which is an increase of 769.86% from the latest price.

Price Target
$31.75
(769.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Genelux Corporation Reports First Quarter 2024 Financial Results and Provides General Business Updates

WESTLAKE VILLAGE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced financial results for the first quarter of...

9 days ago - GlobeNewsWire

Genelux Corporation Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

– Continued active enrollment of Olvi-Vec in our pivotal Phase 3 OnPrime/GOG-3076 trial in platinum resistant/refractory ovarian cancer with topline results anticipated in 2H 2025 – – Initiation of Ph...

6 weeks ago - GlobeNewsWire

Genelux Corporation Receives FDA Fast Track Designation for Olvi-Vec in Platinum Resistant/Refractory Ovarian Cancer

- Pivotal Phase 3 Study of Olvi-Vec in Platinum Resistant/Refractory Ovarian Cancer Initiated in September 2022 - - Phase 2 Trial of Olvi-Vec- Demonstrated Clinical Reversal of Platinum Resistance and...

6 months ago - GlobeNewsWire

Genelux Corporation Reports Third Quarter 2023 Financial Results and Provides General Business Updates

- Expanded executive team as Lourie Zak appointed Chief Financial Officer -  - Extended clinical focus on systemic administration in small cell lung cancer - - $29.9 million in cash and equivalents - ...

6 months ago - GlobeNewsWire

Genelux Corporation Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WESTLAKE VILLAGE, Calif., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that on September 11, 2023, the Company'...

8 months ago - GlobeNewsWire

Genelux Corporation to Present at the H.C. Wainwright Global Investment Conference

WESTLAKE VILLAGE, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, Chairma...

9 months ago - GlobeNewsWire

Genelux Corporation Announces New Chief Financial Officer

WESTLAKE VILLAGE, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Lourie S. Zak will join the company ...

9 months ago - GlobeNewsWire

Genelux Corporation Reports Second Quarter 2023 Financial Results and Provides General Business Updates

- Inclusion into the broad-market Russell 3000® Index and small-cap Russell 2000® Index - - Publication of VIRO-15 Phase 2 data in JAMA Oncology - - $51 Million raised after closing of two private pla...

9 months ago - GlobeNewsWire

Genelux Corporation to Participate in Fireside Chat at BTIG's Virtual Biotechnology Conference 2023

WESTLAKE VILLAGE, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, CEO and ...

10 months ago - GlobeNewsWire

Genelux Corporation Strengthens Senior Management and Clinical Team with Promotions and New Hires

WESTLAKE VILLAGE, Calif., July 20, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced two key management promotions, as well as...

10 months ago - GlobeNewsWire

Genelux Corporation Announces Publication of Phase I Trial Results of Intrapleural Administration of Olvi-Vec in Patients with Malignant Pleural Effusion from Mesothelioma, Lung or Breast Cancers in Frontiers in Immunology

WESTLAKE VILLAGE, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced the publication in Frontiers in Immunolog...

11 months ago - GlobeNewsWire

Genelux Corporation and TVAX Biomedical, Inc. announce the issuance of a United States patent covering the combination of an adoptive T cell therapy/oncolytic viral cancer treatment that is exclusively licensed to V2ACT Therapeutics™, LLC

- V2ACT Therapeutics™, LLC is a joint venture between Genelux Corporation and TVAX Biomedical, Inc. - V2ACT Immunotherapy is a proprietary immuno-oncology modality composed of Olvi-Vec (oncolytic vira...

11 months ago - GlobeNewsWire

Genelux Corporation Set to Join the Russell 3000® and Russell 2000® Indexes Effective June 26, 2023

WESTLAKE VILLAGE, Calif., June 22, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that it will be added to the broad-market...

11 months ago - GlobeNewsWire

Genelux Corporation Announces $18 Million Private Placement

WESTLAKE VILLAGE, Calif., June 12, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced a private placement for 900,000 shares of...

1 year ago - GlobeNewsWire

Genelux Corporation Announces Publication of Positive Topline Data from Phase 2 VIRO-15 Trial Evaluating Olvimulogene Nanivacirepvec (Olvi-Vec) in Platinum-Resistant or Refractory Ovarian Cancer in the Journal of the American Medical Association (JAMA) Oncology

WESTLAKE VILLAGE, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced the publication of positive topline result...

1 year ago - GlobeNewsWire

Genelux Corporation Announces $33 Million Private Placement

WESTLAKE VILLAGE, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced a private placement of 1,665,247 shares of...

1 year ago - GlobeNewsWire

Genelux Corporation to Ring Nasdaq Opening Bell on March 29, 2023

WESTLAKE VILLAGE, Calif., March 23, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX) (“Genelux” or “the Company”), a late clinical-stage biopharmaceutical company focused on developing a pi...

1 year ago - GlobeNewsWire

Genelux IPO prices at bottom of range

Genelux Corp. priced its initial public offering at $6 a share, the low end of its $6 to $7 a share range, for its stock market debut Thursday on the Nasdaq under the symbol GNLX. With 2.5 million sha...

1 year ago - Market Watch

Genelux Corporation Announces Pricing of Initial Public Offering

WESTLAKE VILLAGE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Genelux Corporation (“Genelux” or “the Company”), a clinical-stage immunotherapy company focused on developing a pipeline of next-generation...

1 year ago - GlobeNewsWire

Genelux sets IPO terms, as the biotech could be valued at up to $165 millino

Genelux Corp. GNLX, has set terms for its initial public offering, in which the California-based biotechnology company focused on treating difficult-to-treat tumors could be valued at up to $164.99 mi...

1 year ago - Market Watch