(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) slid by a staggering 11.02% to $0.40 at 13:14 EST on Thursday, following the last session’s downward trend. NASDAQ is rising 0.49% to $12,055.31, after three successive sessions in a row of losses. This seems, up to now, a somewhat positive trend trading session today.
Xenetic Biosciences’s last close was $0.43, 65.53% below its 52-week high of $1.25.
About Xenetic Biosciences
Xenetic Biosciences, Inc., a biopharmaceutical company, focuses on advancing XCART, a personalized chimeric antigen receptor T cell (CAR T) platform technology engineered to target patient-specific tumor neoantigens. The company engages in the discovery, research, and development of biologic drugs and oncology therapeutics. It advances cell-based therapeutics targeting the B-cell receptor on the surface of an individual patient's malignant tumor cells for the treatment of B-cell lymphomas. It is also leveraging PolyXen, its proprietary drug delivery platform, by partnering with biotechnology and pharmaceutical companies. It has collaboration agreements with Takeda Pharmaceutical Co. Ltd., Serum Institute of India Limited, PJSC Pharmsynthez, and SynBio LLC. Xenetic Biosciences, Inc. is headquartered in Framingham, Massachusetts.
Earnings Per Share
As for profitability, Xenetic Biosciences has a trailing twelve months EPS of $-1.704.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -39.85%.
More news about Xenetic Biosciences (XBIO).
