Genelux Corporation (GNLX)

NASDAQ: GNLX · Real-Time Price · USD
2.280
+0.010 (0.44%)
Dec 23, 2024, 11:15 AM EST - Market open
0.44%
Market Cap 77.76M
Revenue (ttm) 8,000
Net Income (ttm) -27.66M
Shares Out 34.10M
EPS (ttm) -0.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 37,860
Open 2.300
Previous Close 2.270
Day's Range 2.160 - 2.310
52-Week Range 1.600 - 16.600
Beta n/a
Analysts Strong Buy
Price Target 18.25 (+700.44%)
Earnings Date Nov 14, 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 $18.25, which is an increase of 700.44% from the latest price.

Price Target
$18.25
(700.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Genelux Corporation to Participate in a Fireside Chat with H.C. Wainwright

WESTLAKE VILLAGE, Calif., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, CEO and ...

10 days ago - GlobeNewsWire

Genelux Corporation to Participate in Fireside Chat at the Guggenheim Inaugural Healthcare Innovation Conference

WESTLAKE VILLAGE, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, CEO and ...

6 weeks ago - GlobeNewsWire

Genelux: 2nd Half Of 2025 PRROC Data Is Major Inflection Point

Topline results from phase 3 OnPrime/GOG-3076 study using Olvi-Vec for the treatment of patients with platinum-resistant recurrent ovarian cancer, are expected in the 2nd half of 2025. Interim data fr...

7 weeks ago - Seeking Alpha

Genelux Corporation Announces First Patient Dosed in Phase 2 Trial Evaluating Systemic Therapy with Olvi-Vec in Non-Small Cell Lung Cancer

– VIRO-25 trial to assess efficacy & safety of olvimulogene nanivacirepvec (Olvi-Vec) & platinum-doublet + physician's choice of immune checkpoint inhibitor compared to docetaxel in recurrent non-smal...

2 months ago - GlobeNewsWire

Genelux Corporation to Participate in the 2024 Maxim Healthcare Virtual Summit

WESTLAKE VILLAGE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, CEO and ...

2 months ago - GlobeNewsWire

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

WESTLAKE VILLAGE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, Chairma...

3 months ago - GlobeNewsWire

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

WESTLAKE VILLAGE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced financial results for the second quarter ...

4 months ago - GlobeNewsWire

Genelux Corporation to Participate in Fireside Chat at BTIG's Virtual Biotechnology Conference 2024

WESTLAKE VILLAGE, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced that Thomas Zindrick, President, CEO and ...

5 months ago - GlobeNewsWire

Genelux Corporation Announces Pricing of Approximately $27.5 Million Underwritten Offering of Common Stock and Accompanying Warrants

WESTLAKE VILLAGE, Calif., May 24, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (Genelux) (Nasdaq: GNLX), a late clinical-stage immuno-oncology company, today announced the pricing of an underwritten o...

7 months ago - GlobeNewsWire

Genelux Corporation Announces Proposed Public Offering of Common Stock and Warrants

WESTLAKE VILLAGE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Genelux Corporation (Genelux) (Nasdaq: GNLX), a late clinical-stage immuno-oncology company, today announced that it has commenced an underwr...

7 months ago - GlobeNewsWire

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...

8 months 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...

9 months 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...

1 year 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 - ...

1 year 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'...

1 year ago - GlobeNewsWire

Genelux: Biotech To Watch With Oncolytic Virus Immunotherapy In Late-Stage Testing

Genelux has already initiated a phase 3 study known as OnPrime/GOG-3076, which is using the Olvi-Vec combination therapy to treat patients with platinum resistant/refractory ovarian cancer. In the pha...

1 year ago - Seeking Alpha

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 ...

1 year 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...

1 year 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 ...

1 year 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...

1 year ago - GlobeNewsWire

Genelux: A Game Changer In Platinum-Resistant Ovarian Cancer

Genelux, an immuno-oncology frontrunner, has secured over $65 million in financing and is conducting successful clinical trials for its primary candidate, Olvi-Vec, a cancer treatment that targets and...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year 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...

1 year 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