Streetbeat News

TVGN

Tevogen Bio Holdings Inc.

Industry

Biotechnology

Tevogen Bio Holdings Inc. operates as a clinical-stage biotechnology company that develops off-the-shelf precision T cell therapeutics in virology, oncology, and neurology. Its lead investigational precision T cell product, TVGN 489, is designed to address the unmet need of acute-risk COVID-19 patients, as well as a subset of patients suffering from long COVID. The company is based in Warren, New Jersey.

Open

1.50

Mkt cap

249M

Volume

1.3M

High

1.57

P/E Ratio

24.33

52-wk high

21.09

Low

1.37

Div yield

N/A

52-wk low

0.26

Tevogen Bio (Nasdaq: TVGN) reported its Q3 2024 financial results, highlighting a significantly improved financial position, unreported asset value on balance sheets, and an efficient business model.

Portfolio Pulse from

November 19, 2024 | 10:00 pm

Tevogen Bio, founded in 2020, has developed a significant asset portfolio while maintaining expenditures under $40 million, preparing to file its quarterly financials. The company's success is attributed to its dedicated team.

Portfolio Pulse from

November 14, 2024 | 10:15 pm

Portfolio Pulse from

November 14, 2024 | 9:00 pm

Tevogen Bio is finalizing an agreement with CD8 Technology to enhance its R&D and manufacturing capabilities. The company has secured a $36 million line of credit to support its operations.

Portfolio Pulse from

November 08, 2024 | 9:00 pm

Tevogen Bio has expanded its partnership with Microsoft to integrate AI and machine learning into its preclinical drug development processes. This collaboration aims to shorten drug development timelines and reduce costs significantly.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:56 pm

Tevogen Bio has regained compliance with Nasdaq's minimum bid price requirement without a reverse stock split, maintaining a closing price of $3.05.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 7:37 pm

Tevogen Bio has signed a letter of intent with CD8 Technology to build a $50M R&D and manufacturing facility, which will not impact shareholder equity. This move supports Tevogen's growth agenda and commitment to shareholder value.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:45 pm

Several healthcare stocks experienced significant price movements during Monday's intraday session. Notable gainers included Healthcare Triangle, Monte Rosa Therapeutics, and Evoke Pharma, while Sonnet BioTherapeutics and Koninklijke Philips were among the losers. The movements were influenced by various factors, including earnings reports.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 4:30 pm

Philips reported weak Q3 earnings, missing EPS and sales estimates, leading to a 17.2% drop in pre-market trading. Other stocks like Tevogen Bio, Borr Drilling, Bowhead Specialty, W&T Offshore, Clear Channel Outdoor, and Obsidian Energy also saw declines.

Portfolio Pulse from Avi Kapoor

October 28, 2024 | 12:07 pm

LENZ Therapeutics shares rose 18% in pre-market trading following positive Phase 3 trial results in China. Other notable pre-market movers include Healthcare Triangle, Pixie Dust Technologies, and Jet.AI, with significant gains, while SMX and Upexi saw declines.

Portfolio Pulse from Avi Kapoor

October 28, 2024 | 10:32 am

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