Onconetix, Inc. (ONCO)
Onconetix, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Cincinnati, OH, US. The stock last traded at $0.89, down 8.34% on the session, giving a market capitalisation of $3.2M. On trailing twelve-month figures it carries a trailing P/E of -0.10, a net margin of -1319.6%. Its beta of 2.69 implies it has historically moved more than the broad market.
Onconetix, Inc. operates as a biotechnology and pharmaceutical firm, committed to pioneering and bringing to market innovative treatments aimed at resolving critical health issues worldwide. The company's product lineup includes Entadfi, an FDA-cleared, once-daily oral medication. This prescription drug combines finasteride and tadalafil to manage benign prostatic hyperplasia (BPH). In its development pipeline, Onconetix is advancing a Streptococcus pneumoniae vaccine candidate, designed to prevent infectious middle ear infections in children and pneumonia in the elderly. Additionally, they are working on a universal influenza vaccine intended to provide comprehensive protection against all aggressive strains of the flu virus. Furthermore, Onconetix holds a license for an advanced norovirus S&P nanoparticle virus-like particle (VLP) vaccine platform from Cincinnati Children's. This adaptable platform is being leveraged to create vaccines for various infectious diseases, such as Marburg and monkeypox, among others. Established in 2018, the company was previously known as Blue Water Biotech, Inc., before changing its name to Onconetix, Inc. in December 2023. Its corporate headquarters are located in Cincinnati, Ohio.
Onconetix, Inc. is most often compared with the following Healthcare names: