Matinas BioPharma Holdings, Inc. (MTNB)

NYSEAMERICAN: MTNB · IEX Real-Time Price · USD
0.134
+0.004 (3.08%)
Sep 22, 2023, 4:00 PM EDT - Market closed
3.08%
Market Cap 30.59M
Revenue (ttm) 4.28M
Net Income (ttm) -20.67M
Shares Out 228.30M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 138,997
Open 0.132
Previous Close 0.130
Day's Range 0.130 - 0.140
52-Week Range 0.110 - 0.890
Beta 2.02
Analysts Strong Buy
Price Target 3.00 (+2,138.81%)
Earnings Date Nov 1, 2023

About MTNB

Matinas BioPharma Holdings, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of various product candidates. It develops products using its lipid nanocrystal (LNC) platform technology. The company's LNC delivery technology platform utilizes lipid nano-crystals for the delivery of small molecules, nucleic acids, gene therapies, vaccines, proteins, and peptides. Its lead product candidate is LYPDISO, a prescription-only omega-3 fatty acid-based composition intended for the treatment of cardiovascular and m... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2013
Employees 34
Stock Exchange NYSEAMERICAN
Ticker Symbol MTNB
Full Company Profile

Financial Performance

In 2022, MTNB's revenue was $3.19 million, an increase of 9560.61% compared to the previous year's $33,000. Losses were -$21.00 million, -11.33% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MTNB stock is "Strong Buy" and the 12-month stock price forecast is $3.0.

Price Target
$3.0
(2,138.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Matinas BioPharma Announces Notification of NYSE American Continued Listing Deficiency

BEDMINSTER, N.J., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular delivery of small molec...

1 day ago - GlobeNewsWire

Matinas BioPharma to Participate in the H.C. Wainwright Global Investment Conference

BEDMINSTER, N.J., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular delivery...

17 days ago - GlobeNewsWire

Matinas BioPharma Announces Publication of Results from the Phase 2 EnACT Clinical Trial of MAT2203 in the IDSA Journal Clinical Infectious Diseases

BEDMINSTER, N.J., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on delivering groundbreaking therapies using its lipid n...

4 weeks ago - GlobeNewsWire

Matinas BioPharma to Participate in the BTIG Virtual Biotechnology Conference 2023

BEDMINSTER, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular delivery ...

7 weeks ago - GlobeNewsWire

Matinas BioPharma to Webcast Conference Call to Discuss Second Quarter 2023 Financial Results and Provide a Business Update on August 9, 2023

BEDMINSTER, N.J., July 26, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. Holdings, Inc. (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracel...

2 months ago - GlobeNewsWire

Matinas BioPharma to Present at the JMP Securities Life Sciences Conference on May 15, 2023

BEDMINSTER, N.J., May 11, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on delivering groundbreaking therapies using its lipid na...

4 months ago - GlobeNewsWire

Matinas BioPharma Reports First Quarter 2023 Financial Results and Provides a Business Update

FDA feedback from Type B meeting reiterated the Agency's intent to work collaboratively in advancing development of MAT2203 for the treatment of invasive fungal infections (IFIs)

4 months ago - GlobeNewsWire

Matinas BioPharma to Webcast Conference Call to Discuss First Quarter 2023 Financial Results and Provide a Business Update on May 10, 2023

BEDMINSTER, N.J., May 03, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular delivery o...

5 months ago - GlobeNewsWire

Matinas BioPharma Reports 2022 Financial Results and Provides a Business Update

Near-term data readouts from internal and collaborative programs expected to support advancement of the LNC platform for delivery of nucleic acids

6 months ago - GlobeNewsWire

Matinas BioPharma to Webcast Conference Call to Discuss 2022 Financial Results and Provide a Business Update on March 15, 2023

BEDMINSTER, N.J., March 08, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc.  (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular deliver...

7 months ago - GlobeNewsWire

Matinas BioPharma Announces that MAT2203 Will Be Featured in Two Oral Presentations at ECCMID

BEDMINSTER, N.J., March 02, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE American: MTNB), a clinical-stage biopharmaceutical company focused on delivering groundbreaking therapies using its lipid ...

7 months ago - GlobeNewsWire

Matinas BioPharma Provides Business Update and 2023 Strategic Outlook

2022 Success Has Increased Confidence to Focus LNC Delivery Platform on the Future of Medicine - Delivering Genes

8 months ago - GlobeNewsWire

Matinas BioPharma to Provide Corporate Update and 2023 Business Outlook on January 30, 2023

Conference call and live audio webcast scheduled for Monday, January 30th at 4:30 p.m. ET Conference call and live audio webcast scheduled for Monday, January 30th at 4:30 p.m. ET

8 months ago - GlobeNewsWire

Adolore Biotherapeutics Strengthens Management Team and Board of Directors with the Appointments of Roelof Rongen, MSE, MBA and Mark C. Rogers, MD, MBA

Mr. Rongen appointed as CEO and member of the Board bringing 30 years of executive leadership experience and expertise across a number of therapeutic areas Bolstered expertise on Board of Directors wi...

8 months ago - Accesswire

Matinas BioPharma Announces Collaboration with National Resilience to Explore and Evaluate Novel LNC Platform Delivery Technology for Certain Nucleic Acids

BEDMINSTER, N.J., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on redefining the intracellular delivery of nucleic acids an...

9 months ago - GlobeNewsWire

Matinas BioPharma Reports Third Quarter 2022 Financial Results and Highlights Recent Progress

EnACT Phase 2 study of MAT2203 in cryptococcal meningitis met its primary endpoint with 95% two-week patient survival in the Cohort 4 all-oral regimen

11 months ago - GlobeNewsWire

Matinas BioPharma to Present at the ThinkEquity Annual Global Investment Conference

BEDMINSTER, N.J., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on improving the intracellular delivery of nucleic acids and...

1 year ago - GlobeNewsWire

Matinas BioPharma Announces Infectious Diseases Society of America (IDSA) has Selected the EnACT Phase 2 Trial Abstract of MAT2203 as its Outstanding Abstract and IDSA Awardee For IDWeek 2022

BEDMINSTER, N.J., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on improving the intracellular delivery of nu...

1 year ago - GlobeNewsWire

Matinas BioPharma to Present New MAT2203 (Oral Amphotericin B) Data During IDWeek 2022

Interim data from all-oral Cohort 4 of the EnACT Trial of MAT2203 in Cryptococcal Meningitis to be revealed along with an overview of the entire Phase 2 trial

1 year ago - GlobeNewsWire

Matinas BioPharma Announces Chairman Succession Plan

Eric J. Ende, MD, MBA Appointed as Chairman, Effective October 1, 2022; Founding Chairman Herbert J. Conrad to Remain an Independent Director of the Company Eric J. Ende, MD, MBA Appointed as Chairman...

1 year ago - GlobeNewsWire

Matinas BioPharma Reports Second Quarter 2022 Financial Results and Highlights Recent Progress

75% of Patients Enrolled to Date in Cohort 4 of EnACT (MAT2203 in Cryptococcal Meningitis); Topline Data in Late Q3/Early Q4 2022

1 year ago - GlobeNewsWire

Matinas BioPharma to Participate in the BTIG Biotechnology Conference

BEDMINSTER, N.J., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on improving the intracellular delivery of nucleic acids and...

1 year ago - GlobeNewsWire

Matinas BioPharma to Webcast Conference Call Discussing Second Quarter 2022 Financial and Operational Results on August 11, 2022

BEDMINSTER, N.J., July 28, 2022 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on improving the intracellular delivery of nu...

1 year ago - GlobeNewsWire

Matinas BioPharma Announces Positive Opinion by the European Medicines Agency on Orphan Drug Designation for MAT2203 for the Treatment of Cryptococcosis

BEDMINSTER, N.J., July 25, 2022 (GLOBE NEWSWIRE) -- Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage biopharmaceutical company focused on improving the intracellular delivery of nucleic acids and...

1 year ago - GlobeNewsWire