Xenetic Biosciences, Inc. (XBIO)
Xenetic Biosciences, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Framingham, MA, US. The stock last traded at $3.16, down 1.86% on the session, giving a market capitalisation of $7.2M. On trailing twelve-month figures it carries a trailing P/E of -2.66, a net margin of -75.9%. Its beta of 2.15 implies it has historically moved more than the broad market.
Xenetic Biosciences, Inc. operates as a biopharmaceutical firm, primarily concentrating on the development of XCART. This cutting-edge personalized chimeric antigen receptor T cell (CAR T) platform is specifically engineered to identify and attack distinct tumor neoantigens found in individual patients. Beyond this specialized area, the company actively engages in the discovery, investigation, and creation of advanced biologic medicines and cancer treatments. A significant part of its cell-based therapeutic endeavors involves therapies designed to target the B-cell receptor on the exterior of malignant tumor cells in specific patients, with the aim of addressing B-cell lymphomas. Furthermore, Xenetic capitalizes on its proprietary drug delivery technology, PolyXen, through strategic alliances with various biotechnology and pharmaceutical enterprises. The company has established important collaborative agreements with partners including Takeda Pharmaceutical Co. Ltd., Serum Institute of India Limited, PJSC Pharmsynthez, and SynBio LLC. Xenetic Biosciences, Inc. has its headquarters located in Framingham, Massachusetts.
Xenetic Biosciences, Inc. is most often compared with the following Healthcare names: