Addex Therapeutics Ltd (ADXN)

NASDAQ: ADXN · Real-Time Price · USD
7.38
-0.59 (-7.40%)
Nov 20, 2024, 4:00 PM EST - Market closed
-7.40%
Market Cap 6.64M
Revenue (ttm) 960,641
Net Income (ttm) 4.80M
Shares Out 98.30M
EPS (ttm) 0.05
PE Ratio 1.38
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,931
Open 7.82
Previous Close 7.97
Day's Range 7.34 - 7.82
52-Week Range 5.00 - 27.90
Beta 1.87
Analysts Strong Buy
Price Target 30.00 (+306.5%)
Earnings Date Nov 22, 2024

About ADXN

Addex Therapeutics Ltd discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company focuses on the discovery of G-protein coupled receptors and enzymes. Its lead programs include Dipraglurant for the treatment of Parkinson’s disease levodopa-induced dyskinesia and dystonia, and post-stroke/TBI recovery; ADX71149, a novel orally active metabotropic glutamate receptor subtype 2 positive allosteric modulator (mGlu2 PAM) for the treatment of epilepsy; and GABAB... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2002
Employees 23
Stock Exchange NASDAQ
Ticker Symbol ADXN
Full Company Profile

Financial Performance

In 2023, Addex Therapeutics's revenue was 1.65 million, an increase of 13.99% compared to the previous year's 1.44 million. Losses were -10.56 million, -49.26% less than in 2022.

Financial numbers in CHF Financial Statements

Analyst Forecast

According to one analyst, the rating for ADXN stock is "Strong Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(306.50% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Addex Provisional 2024 Third Quarter Results Showed Net Loss Compared to Second Quarter 2024

Nine-month Results Remain On Track for Net Profit Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, November 11, 2024 - Addex Therapeutics (SIX/NASDAQ: ADXN), a clinical-stage biopharmac...

10 days ago - GlobeNewsWire

Addex Therapeutics Ltd (ADXN) Q2 2024 Earnings Call Transcript

Addex Therapeutics Ltd (NASDAQ:ADXN) Q2 2024 Earnings Conference Call September 30, 2024 10:00 AM ET Company Participants Tim Dyer - Co-Founder, Board Director and Chief Executive Officer Misha Kalin...

7 weeks ago - Seeking Alpha

Addex Therapeutics Reports 2024 Half Year and Second Quarter Financial Results and Provides Corporate Update

Launched Neurosterix with Perceptive Advisors to accelerate the development of M4PAM for schizophrenia Indivior selected GABA B PAM drug candidate for development in substance use disorders Addex sele...

7 weeks ago - GlobeNewsWire

Addex Provisional 2024 Half-Year and Second Quarter Result increased from a Net loss to a Net Profit

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, September 19, 2024 - Addex Therapeutics (SIX/NASDAQ: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio...

2 months ago - GlobeNewsWire

Addex to Participate in the H.C. Wainwright 26th Annual Global Investment Conference

Geneva, Switzerland, September 4, 2024 - Addex Therapeutics (SIX/NASDAQ: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulato...

2 months ago - GlobeNewsWire

Crude Oil Dips; Addex Therapeutics Shares Spike Higher

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling around 0.2% on Tuesday.

3 months ago - Benzinga

Why Addex Therapeutics stock skyrocketed 70% on Tuesday

Addex Therapeutics Ltd (NASDAQ: ADXN) opened about 70% up this morning after making significant strides in its GABAB-positive allosteric modulator research. The clinical-stage pharmaceutical company h...

3 months ago - Invezz

Addex and Indivior Select Clinical Candidates from GABAB Positive Allosteric Modulator Research Collaboration

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, August 27, 2024 - Addex Therapeutics (SIX/NASDAQ: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of...

3 months ago - GlobeNewsWire

Addex's Partner Discontinues ADX71149 development in Epilepsy

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, July 22, 2024 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio ...

4 months ago - GlobeNewsWire

Addex Presents Positive Results from GABAB PAM Cough Program at the Thirteenth London International Cough Symposium (13th LICS)

Ad Hoc Announcement Pursuant to Art. 53 LR  Geneva, Switzerland, July 15, 2024 - Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a por...

4 months ago - GlobeNewsWire

Addex To Present at the Thirteenth London International Cough Symposium (13th LICS)

Geneva, Switzerland, July 12, 2024 - Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric mo...

4 months ago - GlobeNewsWire

Addex Shareholders Approve All Resolutions at Annual General Meeting

Ad Hoc Announcement Pursuant to Art. 53 LR  Geneva, Switzerland, July 1, 2024 - Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulatio...

5 months ago - GlobeNewsWire

Addex Therapeutics Ltd (ADXN) Q1 2024 Earnings Call Transcript

Addex Therapeutics Ltd (NASDAQ:ADXN) Q1 2024 Earnings Conference Call June 6, 2024 10:00 AM ET Company Participants Tim Dyer - Chief Executive Officer Misha Kalinichev - Head, Translational Science C...

5 months ago - Seeking Alpha

Addex Therapeutics Reports Q1 2024 Financial Results and Provides Corporate Update

● GABAB PAM: Selection of drug candidates under Indivior collaboration expected by end of Q2 2024 .

6 months ago - GlobeNewsWire

Addex Convenes Annual General Meeting 2024

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, June 5, 2024 - Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portf...

6 months ago - GlobeNewsWire

Addex Therapeutics to Release Q1 2024 Financial Results and Host Conference Call on June 6, 2024

Geneva, Switzerland, May 31, 2024 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulator...

6 months ago - GlobeNewsWire

Addex to Present at Bio€quity Europe 2024

Geneva, Switzerland, May 8, 2024 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug development, announced today that CEO,...

7 months ago - GlobeNewsWire

Addex Provides Update on ADX71149 Phase 2 Epilepsy Study

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, April 29, 2024 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio...

7 months ago - GlobeNewsWire

Addex to Present at the Swiss Biotech Day 2024

Geneva, Switzerland, April 19, 2024 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug development, announced today that C...

7 months ago - GlobeNewsWire

Addex Therapeutics Ltd (ADXN) Q4 2023 Earnings Call Transcript

Addex Therapeutics Ltd (NASDAQ:ADXN) Q4 2023 Earnings Conference Call April 18, 2024 10:00 AM ET Company Participants Tim Dyer - Chief Executive Officer Mikhail Kalinichev - Head, Translational Scien...

7 months ago - Seeking Alpha

Addex Therapeutics Reports Full Year 2023 Financial Results and Provides Corporate Update

Top-line data from ADX71149 Phase 2 epilepsy study expected by mid-May 2024 Launched Neurosterix with Perceptive Advisors, raising USD 63 million in Series A to accelerate development of preclinical p...

7 months ago - GlobeNewsWire

Addex Therapeutics to Release Full-Year 2023 Financial Results and Host Conference Call on April 18, 2024

Geneva, Switzerland, April 11, 2024 – Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug development, today announced that i...

8 months ago - GlobeNewsWire

Addex and Perceptive Launch Neurosterix with $63 Million to Accelerate Development of Allosteric Modulator Therapeutics for Neurological Disorders

Addex receives CHF5M and 20% share of Neurosterix  Perceptive Advisors leads $63M investment into Neurosterix  Addex contributes portfolio of preclinical neuroscience assets and allosteric modulator s...

8 months ago - GlobeNewsWire

Addex to Present at the Bio-Europe Spring 2024 Conference

Geneva, Switzerland, March 14, 2024 – Addex Therapeutics (SIX: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug discovery and development, announced today tha...

9 months ago - GlobeNewsWire

Addex Enters into At-The-Market ADS Offering Agreement with H.C. Wainwright & Co. LLC.

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, January 31, 2024 – Addex Therapeutics (SIX: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug d...

10 months ago - GlobeNewsWire