Molecular Partners AG (MOLN) stock surged +7.49%, trading at $5.02 on NASDAQ, up from the previous close of $4.67. The stock opened at $4.60, fluctuating between $4.60 and $5.02 in the recent session.
Molecular Partners AG operates as a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic proteins. Its products candidates include Abicipar, a DARPin therapeutic candidate, which is in Phase III clinical trials for the treatment of neovascular wet age-related macular degeneration, as well as for diabetic macular edema; and MP0420, a multi-specific DARPin therapeutic candidate for the SARS-CoV-2 virus. The company develops MP0310, which is in Phase Ia clinical trials for immuno-oncology; MP0317, a tumor-localized immune agonist that activates immune cells in the tumor, which is in Phase I clinical trials; and MP0274 that is in Phase I clinical trials for HER2-positive cancers. It also develops MP0423 for treating COVID-19; MP0533, a CD3 T cell candidate for acute myeloid leukemia; and MP0250 for vascular endothelial growth factor, hepatocyte growth factor, and human serum albumin to increase half-life. Molecular Partners AG has agreements and collaboration with Novartis AG to develop, manufacture, and commercialize DARPin-conjugated radioligand therapies; Amgen SA; Allergan, Inc.; and discovery alliance with AbbVie Inc. in ophthalmology, as well as other third-party collaborators. The company was incorporated in 2004 and is headquartered in Schlieren, Switzerland.
Employees | 161 |
Beta | 0.614 |
Sales or Revenue | $7.04M |
5Y Sales Change% | -0.561% |
Fiscal Year Ends | December |
Sector | Healthcare |
Industry | Biotechnology |
Molecular Partners AG (NASDAQ: MOLN) stock price is $5.02 in the last trading session. During the trading session, MOLN stock reached the peak price of $5.02 while $4.60 was the lowest point it dropped to. The percentage change in MOLN stock occurred in the recent session was 7.49% while the dollar amount for the price change in MOLN stock was $0.35.
The NASDAQ listed MOLN is part of Biotechnology industry that operates in the broader Healthcare sector. Molecular Partners AG designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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MOLN's closing price is 51.21% higher than its 52-week low of $3.32 where as its distance from 52-week high of $12.70 is -60.47%.
Number of MOLN employees currently stands at 161.
Official Website of MOLN is: https://www.molecularpartners.com
MOLN could be contacted at phone 414 475 57700 and can also be accessed through its website. MOLN operates from Wagistrasse 14, Schlieren, 8952, Switzerland.
MOLN stock volume for the day was 730 shares. The average number of MOLN shares traded daily for last 3 months was 16.27K.
The market value of MOLN currently stands at $166.63M with its latest stock price at $5.02 and 33.19M of its shares outstanding.
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