Veru Inc. (VERU)

NASDAQ: VERU · IEX Real-Time Price · USD
0.700
+0.053 (8.27%)
At close: Mar 28, 2024, 4:00 PM
0.690
-0.010 (-1.44%)
After-hours: Mar 28, 2024, 7:56 PM EDT
8.27%
Market Cap 102.48M
Revenue (ttm) 16.30M
Net Income (ttm) -93.09M
Shares Out 146.38M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE 117.65
Dividend n/a
Ex-Dividend Date n/a
Volume 5,893,699
Open 0.690
Previous Close 0.647
Day's Range 0.690 - 0.770
52-Week Range 0.360 - 1.520
Beta -0.23
Analysts Buy
Price Target 2.00 (+185.67%)
Earnings Date May 9, 2024

About VERU

Veru Inc., a late clinical stage biopharmaceutical company, focuses on developing medicines for treatment of metabolic diseases, oncology, and acute respiratory distress syndrome (ARDS). Its marketed products comprise FC2 female condom for the dual protection against unplanned pregnancy and the transmission of sexually transmitted infections. The company's development program includes enobosarm, a selective androgen receptor modulator for treatment of augment fat loss and to prevent muscle loss in sarcopenic obese and overweight elderly patient... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 19, 1990
Employees 189
Stock Exchange NASDAQ
Ticker Symbol VERU
Full Company Profile

Financial Performance

In 2023, Veru Inc.'s revenue was $16.30 million, a decrease of -58.59% compared to the previous year's $39.35 million. Losses were -$93.09 million, 11.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for VERU stock is "Buy." The 12-month stock price forecast is $2.0, which is an increase of 185.67% from the latest price.

Price Target
$2.0
(185.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Veru Reschedules Annual Meeting of Shareholders

--Restated historical financial statements expected to be filed no later than April 15, 2024-- --2024 Annual Meeting of Shareholders to follow financial statements filings--

6 days ago - GlobeNewsWire

Veru Announces the Appointment of Louis Aronne MD as Chief Medical Advisor for its Enobosarm Program for High Quality Weight Loss

MIAMI, March 12, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality we...

16 days ago - GlobeNewsWire

Veru Announces Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

MIAMI, FL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for higher quali...

4 weeks ago - GlobeNewsWire

Veru Announces New Scientific Advisory Board for its Enobosarm Program for High Quality Weight Loss

MIAMI, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for higher quality w...

5 weeks ago - GlobeNewsWire

Veru Reports Fiscal 2024 First Quarter Financial Highlights

—Company receives FDA IND clearance for the development of enobosarm in combination with GLP-1 drugs for potentially higher quality weight loss than has been shown with GLP-1 drug alone—

7 weeks ago - GlobeNewsWire

Veru Announces FDA Clearance of IND Application to Initiate Phase 2b Clinical Trial with Enobosarm to Treat Muscle Loss Associated with Weight Loss Drugs

FDA IND clearance is an important development milestone in advancing enobosarm in combination with GLP-1 drugs for potentially higher quality weight loss than has been shown with GLP-1 drug alone

7 weeks ago - GlobeNewsWire

Veru to Present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference

MIAMI, FL, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for obesity, oncology, and viral induced ac...

2 months ago - GlobeNewsWire

Veru to Report Fiscal 2024 First Quarter Financial Results on February 8, 2024

MIAMI, FL, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of obesity, oncology, and...

2 months ago - GlobeNewsWire

Veru Submits IND Application to FDA for the Development of Enobosarm to Prevent Muscle Loss While Augmenting Fat Loss in Combination with GLP-1 Drugs for Weight Loss

MIAMI, FL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of obesity, oncology, and...

2 months ago - GlobeNewsWire

Veru to Host Investor Call on January 4th, 2024 to Discuss Recent Financing and Strategy to Prioritize the Development of Enobosarm as a Combination Treatment to Prevent Muscle Loss and Augment Fat Loss Associated with Weight Loss GLP-1 Drugs

MIAMI, FL, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of obesity, oncology, and...

3 months ago - GlobeNewsWire

VERU ALERT: Bragar Eagel & Squire, P.C. is Investigating Veru Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Veru Inc. (NASDAQ: VERU) on behalf of long-t...

3 months ago - Business Wire

Veru Announces Pricing of Public Offering of Common Stock

MIAMI, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of metabolic diseases, oncolo...

3 months ago - GlobeNewsWire

Veru Announces Proposed Public Offering of Common Stock

MIAMI, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of metabolic diseases, oncolo...

3 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Veru Inc. - VERU

NEW YORK , Nov. 19, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Veru Inc. ("Veru" or the "Company") (NASDAQ: VERU).   Such investors are advised to contact Rob...

4 months ago - PRNewsWire

Veru Reports Muscle Data from 5 Clinical Studies of Enobosarm that Support the Advancement of Enobosarm in Combination with Weight-Loss GLP-1 Drugs, Ozempic®, Wegovy®, or Mounjaro®, to Optimize Weight Loss by Preventing Muscle Wasting and Further Increasing Fat Loss in a Phase 2b Obesity Clinical Study

-- In 5 clinical studies involving 968 older men and postmenopausal women with and without muscle wasting, enobosarm has demonstrated the ability to decrease fat mass, increase muscle mass, and improv...

6 months ago - GlobeNewsWire

Veru Reaches Agreement with FDA on New Phase 3 Clinical Trial for Sabizabulin for Broader Indication: Hospitalized Adult Patients with Any Type of Viral Acute Respiratory Distress Syndrome (ARDS)

--Reached agreement with FDA on single Phase 3 clinical trial design to expand treatment population to include all hospitalized adult patients with any type of virus induced ARDS including the “triple...

6 months ago - GlobeNewsWire

Veru to Participate in Fireside Chat at the 2023 Cantor Fitzgerald Global Healthcare Conference on September 28th, 2023

MIAMI, FL, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for metastatic breast cancer and for viral...

6 months ago - GlobeNewsWire

Veru Reports Clinical Data from the Discontinued ARTEST Study of Enobosarm, Novel Selective Androgen Receptor Targeting Agonist, in AR+ ER+ HER2- Metastatic Breast Cancer

-- Overall response rates of 12.5% are observed in the enobosarm group in a heavily pretreated population versus no responses in the standard of care active control arm. On average, enobosarm or activ...

7 months ago - GlobeNewsWire

Veru to Present at the H.C. Wainwright 25th Annual Global Investment Conference on September 11th, 2023

MIAMI, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for metastatic breast cancer and for viral indu...

7 months ago - GlobeNewsWire

Veru Reports Fiscal 2023 Third Quarter Financial Results

Company receives further regulatory clarity from FDA on Phase 3 ENABLAR-2 study. Potential for enobosarm +/- abemaciclib accelerated approval pathway in metastatic breast cancer, if successful based o...

8 months ago - GlobeNewsWire

Veru to Report Fiscal 2023 Third Quarter Financial Results on August 10, 2023

MIAMI, FL, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for breast cancer and for viral acute respi...

8 months ago - GlobeNewsWire

Veru Inc.'s Oncology Drug Research Program Partner, The University of Tennessee Health Science Center, Awarded Two New Federal Grants

Research grants from U.S. Department of Defense (DoD) and National Cancer Institute's Research Project Grant (NCI R01) awarded to UTHSC to study new types of targeting agents for multiple cancer indic...

10 months ago - GlobeNewsWire

Veru Announces Appointment of Dr. Erik Swenson and Dr. Robert Schooley to its Infectious Disease Scientific Advisory Board

MIAMI, FL, June 01, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of breast cancer and for ...

10 months ago - GlobeNewsWire

Veru to Present at the Jefferies Healthcare Conference

MIAMI, FL, May 24, 2023 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing novel medicines for the treatment of breast cancer and for S...

11 months ago - GlobeNewsWire

Veru Reports Fiscal 2023 Second Quarter Financial Results

Agreement reached with FDA on confirmatory Phase 3 clinical trial design for sabizabulin treatment of hospitalized COVID-19 adult patients at high risk for acute respiratory distress syndrome (ARDS), ...

11 months ago - GlobeNewsWire