Arch Biopartners Inc. (ACHFF)
Arch Biopartners Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Toronto, ON, CA. The stock last traded at $0.78, up 1.11% on the session, giving a market capitalisation of $52.9M. On trailing twelve-month figures it carries a trailing P/E of -28.06, a net margin of 0.0%. Its beta of 1.76 implies it has historically moved more than the broad market.
Arch Biopartners Inc. is a biotechnology company focused on developing innovative technologies with significant medical and commercial potential. Their primary endeavor involves advancing Metablok, a lead drug candidate designed to treat or prevent dipeptidase-1 (DPEP-1) mediated inflammation in critical organs like the lungs, liver, and kidneys. This inflammation is a key factor in organ damage or failure, often seen in severe conditions such as sepsis and COVID-19. Additionally, the company is progressing with AB569, an investigational drug aimed at combating or deterring antibiotic-resistant bacterial infections, predominantly through topical application for wounds. Further expanding their portfolio, Arch Biopartners is developing Borg, a peptide-based technology that interfaces with solid surfaces to inhibit biofilm formation and reduce corrosion. Another distinct project is MetaMx, which consists of synthetic molecules specifically engineered to target brain tumor initiating cells and aggressive glioma cells. The company is headquartered in Toronto, Canada.
Arch Biopartners Inc. is most often compared with the following Healthcare names: