Xenetic Biosciences Inc

NASDAQ XBIO

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Xenetic Biosciences Inc Price to Earnings Ratio (P/E) on June 03, 2024: -5.94

Xenetic Biosciences Inc Price to Earnings Ratio (P/E) is -5.94 on June 03, 2024, a -568.43% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Xenetic Biosciences Inc 52-week high Price to Earnings Ratio (P/E) is -0.85 on June 28, 2023, which is 85.68% above the current Price to Earnings Ratio (P/E).
  • Xenetic Biosciences Inc 52-week low Price to Earnings Ratio (P/E) is -5.94 on June 03, 2024, which is 0.00% below the current Price to Earnings Ratio (P/E).
  • Xenetic Biosciences Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is -2.26.
NASDAQ: XBIO

Xenetic Biosciences Inc

CEO Mr. Jeffrey F. Eisenberg Esq.
IPO Date June 30, 2014
Location United States
Headquarters 40 Speen Street, Framingham, MA, United States, 01701
Employees 4
Sector Healthcare
Industry Biotechnology
Description

Xenetic Biosciences, Inc., a biopharmaceutical company, focuses on advancing immune-oncology technologies for hard to treat cancers. The company's proprietary DNase platform is designed to improve outcomes of existing treatments, including immunotherapies, by targeting neutrophil extracellular traps (NETs), which have been implicated in cancer progression and resistance to cancer treatments that targets pancreatic cancer comprising pancreatic ductal adenocarcinoma, colorectal carcinoma, and other gastrointestinal cancer. Its product pipeline includes XBIO-015 for treating pancreatic carcinoma and solid tumors; and XBIO-020 for treating solid tumors. The company also has partnered with biotechnology and pharmaceutical companies to develop its proprietary drug delivery platform, PolyXen, which as an enabling platform technology for protein and peptide drug delivery. It has collaboration agreements with Belgian Volition SARL Limited to develop NETs-targeted adoptive cell therapies for the treatment of cancer, as well as PJSC Pharmsynthez and Serum Institute of India to develop and launch ErepoXen for the treatment of anemia in chronic kidney disease patients; sublicensing agreement with Takeda Pharmaceutical Co. Ltd; exclusive sublicense agreement with CLS Therapeutics Ltd to develop and commercialize pharmaceutical products and methods incorporating DNase enzyme for use in treatment of cancer; and exclusive license agreement with CLS Therapeutics Ltd to develop and commercialize pharmaceutical products and methods incorporating DNase in conjunction with CAR T therapies. Xenetic Biosciences, Inc. is headquartered in Framingham, Massachusetts.

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StockViz Staff

September 16, 2024

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