Biora Therapeutics, Inc. (BIOR)

NASDAQ: BIOR · IEX Real-Time Price · USD
0.615
+0.015 (2.59%)
At close: Apr 19, 2024, 4:00 PM
0.627
+0.012 (1.93%)
After-hours: Apr 19, 2024, 6:35 PM EDT
2.59%
Market Cap 22.07M
Revenue (ttm) 4,000
Net Income (ttm) -124.12M
Shares Out 35.88M
EPS (ttm) -7.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 103,390
Open 0.600
Previous Close 0.600
Day's Range 0.600 - 0.620
52-Week Range 0.585 - 6.700
Beta 1.09
Analysts Strong Buy
Price Target 50.00 (+8,030.08%)
Earnings Date May 13, 2024

About BIOR

Biora Therapeutics, Inc., a biotechnology company, engages in developing oral biotherapeutics. The company's targeted therapeutics program uses an ingestible smart capsule for targeted delivery of therapeutics in the gastrointestinal (GI) tract to enhance the treatment of inflammatory bowel diseases; and Systemic oral delivery platform for oral delivery of large molecules for management of chronic diseases. The company was formerly known as Progenity, Inc. and changed its name to Biora Therapeutics, Inc. in April 2022 to reflect its focus on it... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 19, 2020
Employees 58
Stock Exchange NASDAQ
Ticker Symbol BIOR
Full Company Profile

Financial Performance

In 2023, BIOR's revenue was $4,000, a decrease of -98.69% compared to the previous year's $305,000. Losses were -$124.12 million, 225.3% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BIOR stock is "Strong Buy" and the 12-month stock price forecast is $50.0.

Price Target
$50.0
(8,030.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Biora Therapeutics Announces New Patent Covering its BioJet™ Liquid Jet Delivery Technology

SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced the issuance of a new patent relate...

11 days ago - GlobeNewsWire

Biora Therapeutics Achieves Positive Interim Results for Clinical Trial of BT-600, Advancing NaviCap™ Platform Development

All pharmacokinetic endpoints were achieved, with a PK profile consistent with drug delivery and absorption in the colon All NaviCap™ devices performed as intended and were well tolerated, with no saf...

15 days ago - GlobeNewsWire

Biora Therapeutics Announces Closing of $6 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced the closing of its previously annou...

16 days ago - GlobeNewsWire

Biora Therapeutics Announces $6 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

SAN DIEGO, April 01, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced that it has entered into definitive...

18 days ago - GlobeNewsWire

Biora Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full-Year 2023 Financial Results

All performance targets achieved in single-ascending dose (SAD) cohorts of BT-600 clinical trial. Management to host conference call today at 4:30 PM ET.

24 days ago - GlobeNewsWire

Biora Therapeutics to Report Fourth Quarter and Full Year 2023 Financial Results and Provide Corporate Update

SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced it will report financial results an...

4 weeks ago - GlobeNewsWire

Biora Therapeutics Further Reduces Net Debt and Monetizes Legacy Asset

Monetization of legacy asset brings in $3 million in nondilutive capital Convertible notes exchange brings in another $2.8 million in new capital and reduces Biora's net debt SAN DIEGO, March 11, 2024...

5 weeks ago - GlobeNewsWire

Biora Therapeutics Announces Successful Completion of Single-Ascending Dose (SAD) Cohorts of Phase 1 Clinical Study of BT-600

Data expected to be shared during March corporate update With SAD cohorts complete, MAD cohorts to begin dosing in March SAN DIEGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc . (Nasdaq:...

7 weeks ago - GlobeNewsWire

Biora Therapeutics Announces Participation in Canaccord Genuity Inflammatory Bowel Disease Symposium

SAN DIEGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc . (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced it will participate in the Inflamma...

2 months ago - GlobeNewsWire

Biora Therapeutics Announces Participation in Fireside Chat Hosted by H.C. Wainwright & Co.

SAN DIEGO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced participation in a virtual fireside ...

3 months ago - GlobeNewsWire

Biora Therapeutics Provides Outlook for 2024

Biora anticipates 2024 catalysts, including clinical study results for NaviCap™ platform and progress on pharma partnerships for BioJet™ platform.

3 months ago - GlobeNewsWire

Biora Therapeutics Announces Initiation of Phase 1 Clinical Study of BT-600

First-in-human trial of BT-600 drug-device combination, following multiple successful device-only human studies SAD/MAD study to evaluate safety and PK/PD of BT-600, including concentrations in colon ...

3 months ago - GlobeNewsWire

Biora Therapeutics Progresses Research Collaboration for the BioJet™ Systemic Oral Delivery Platform

SAN DIEGO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced that its BioJet™ Systemic Oral Deliv...

3 months ago - GlobeNewsWire

Biora Therapeutics Announces New Patent for its NaviCap™ Targeted Oral Delivery Platform

SAN DIEGO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced that it received an Issue Notificati...

4 months ago - GlobeNewsWire

Biora Therapeutics Accelerates Debt Reduction and Raises Capital with Large Institutional Investors

Transaction results in nearly 60% reduction in net debt and brings $16 million in new capital; demonstrates investor confidence in near-term catalysts.

4 months ago - GlobeNewsWire

Biora Therapeutics Announces New Research Collaboration for the BioJet™ Systemic Oral Delivery Platform

SAN DIEGO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced a new research collaboration with a ...

4 months ago - GlobeNewsWire

Biora Therapeutics Announces FDA Clearance of IND Application for Drug/Device Combination BT-600 Targeting Treatment of Ulcerative Colitis

BT-600 will deliver a proprietary liquid formulation of tofacitinib via the NaviCap™ device for topical delivery to the colon SAN DIEGO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nas...

5 months ago - GlobeNewsWire

Biora Therapeutics Provides Corporate Update and Reports Third Quarter 2023 Financial Results

NaviCap™ Targeted Oral Delivery platform advancing toward initiation of phase 1 clinical trial by year end Pharma collaborations accelerate for the BioJet™ Systemic Oral Delivery platform, which shows...

5 months ago - GlobeNewsWire

Biora Therapeutics to Report Third Quarter 2023 Financial Results and Provide Corporate Update

Biora will report financial results and provide a corporate update for the third quarter on on Monday, November 13, 2023, at 4:30 PM EST / 1:30 PM PST

5 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Biora Therapeutics, Inc. - BIOR

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Biora Therapeutics, Inc. ("Biora" or the "Company") (NASDAQ: BIOR). Such investors are advised t...

6 months ago - PRNewsWire

Biora Therapeutics Submits Updated IND Application for BT-600

Update includes supplemental information and provides additional time to complete regulatory review; company expects to remain on track with Ph1 timeline.

6 months ago - GlobeNewsWire

Biora Therapeutics to Submit Updated IND Application for BT-600

Update to include supplemental information and allow additional time for regulatory review. Biora anticipates remaining on track with ph1 trial timeline.

6 months ago - GlobeNewsWire

Biora Therapeutics Presents Data on the BioJet™ Systemic Oral Delivery Platform at the 59th Annual Meeting of the European Association for the Study of Diabetes

SAN DIEGO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, presented data on oral delivery of a GLP-1 receptor ...

7 months ago - GlobeNewsWire

Biora Therapeutics Announces Submission of IND Application to the U.S. FDA for BT-600 Program

BT-600 is a drug/device combination delivering a liquid formulation of tofacitinib via the NaviCap™ platform for the treatment of ulcerative colitis

7 months ago - GlobeNewsWire

Biora Therapeutics Reduces Debt and Largest Shareholder Increases Equity Exposure

Funds managed by Athyrium Capital Management increase their equity exposure through a convertible notes exchange at a price representing a 44% premium to the closing price on September 18, 2023

7 months ago - GlobeNewsWire