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60 Degrees Pharmaceuticals, Inc.

Industry

Biotechnology

60 Degrees Pharmaceuticals, Inc. operates as a specialty pharmaceutical company that engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases. The company offers Arakoda for malaria preventative treatment. It also engages in the development of Tafenoquine (Arakoda regimen) that is in Phase IIb clinical trial for COVID-19; Tafenoquine for fungal lung infections, tick-borne diseases, candidiasis, and other infectious and non-infectious diseases; and Celgosivir for respiratory viruses and dengue. The company was founded in 2010 and is based in Washington, District of Columbia.

Open

1.07

Mkt cap

1.8M

Volume

93K

High

1.08

P/E Ratio

-0.62

52-wk high

18.36

Low

0.94

Div yield

N/A

52-wk low

0.70

60 Degrees Pharma has withdrawn its Phase IIB Investigational New Drug (IND) application for a COVID-19 treatment. The company plans to resubmit the application after assessing its ability to meet FDA requirements.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:17 pm

60 Degrees Pharmaceuticals has announced that the New Microbes and New Infections journal has published non-clinical study results showing that Tafenoquine exhibits broad-spectrum antifungal activity and decreases fungal burden in the lungs in an invasive pulmonary mouse.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 11:59 am

On Tuesday, 99 stocks hit new 52-week lows. The largest company by market cap to set a new low was Insulet (NASDAQ:PODD), while the smallest was SciSparc (NASDAQ:SPRC). BTC Digital (NASDAQ:METX) saw a significant downward movement, trading down 16.67% to reach a new low. Putnam Premier Income (NYSE:PPT) shares were the most resilient, rebounding from its new low with a 0.0% rise.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:37 pm

60 Degrees Pharmaceuticals has received an additional US patent for Tafenoquine, a drug used for the prevention of Plasmodium Falciparum Malaria. The patent will strengthen the company's intellectual property rights and potentially increase its market share.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:31 am

60 Degrees Pharmaceuticals has registered a Phase IIB study of Tafenoquine for the treatment of COVID-19 on ClinicalTrials.gov. The study is named ACLR8-LR.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:32 am

On Wednesday, 155 companies set new 52-week lows. The largest company by market cap to set a new 52-week low was Estee Lauder Cos (NYSE:EL). The smallest company by market cap to set a new 52-week low was SenesTech (NASDAQ:SNES). Siyata Mobile (NASDAQ:SYTA)'s stock fell the most, as it traded down 7658.62% to reach a new 52-week low. Sutro Biopharma (NASDAQ:STRO) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 4:27 pm

On Monday, 149 companies reached new 52-week lows. The largest company by market cap to hit a new 52-week low was NextEra Energy (NYSE:NEE), while the smallest was Esports Entertainment (NASDAQ:GMBL). Bionano Genomics (NASDAQ:BNGO) saw the most pronounced move, with shares trading down 842.14% to hit its new 52-week low. Northwest Natural Hldg (NYSE:NWN) shares gained 0.0%, rebounding after it reached its 52-week low.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 4:13 pm

On Friday, 73 companies reached new 52-week lows. Pfizer was the largest firm by market cap to set a new 52-week low, while INVO Bioscience was the smallest. Fangdd Network Group's shares dropped the most, while Harbor Custom Dev's stock rebounded the most.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 6:06 pm

60 Degrees Pharmaceuticals has been awarded a Canadian patent for Tafenoquine, a drug used for the prevention of malaria in malaria-naive subjects.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:01 pm

On Wednesday, 59 companies hit new 52-week lows. The largest company by market cap to hit a new low was TC Energy (NYSE:TRP), while the smallest was China SXT Pharmaceuticals (NASDAQ:SXTC). AppHarvest (NASDAQ:APPH)'s stock fell the most, down 19.83%, while XOMA (NASDAQ:XOMA)'s stock bounced back, moving up 0.0% after hitting a new low.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 4:18 pm

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