Streetbeat News

VANI

Vivani Medical, Inc.

https://www.vivani.com

Industry

Medical - Devices

Vivani Medical, Inc., a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals. The company is headquartered in Emeryville, California.

Open

1.27

Mkt cap

70M

Volume

64K

High

1.29

P/E Ratio

-2.74

52-wk high

7.80

Low

1.24

Div yield

N/A

52-wk low

0.84

Insiders are buying shares of Vivani Medical, RENN Fund, and Cyanotech, indicating their confidence in these companies. Notable transactions include purchases by executives and directors, with Vivani Medical planning a clinical study in 2024.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 11:41 am

Signet Jewelers Limited (NYSE:SIG) shares fell over 12% due to mixed first-quarter earnings, including a significant drop in same-store sales. The company reported a 9.5% year-on-year sales decline, missing analyst estimates, but beat EPS expectations. Other stocks mentioned include BioRestorative Therapies, Zapp Electric Vehicles, Sharps Technology, and Broadcom, among others, with various gains and losses based on recent announcements and earnings reports.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 6:07 pm

Vivani Medical, Inc. (NASDAQ:VANI) shares are trading higher after the FDA cleared the Investigational New Drug application and lifted the clinical hold on NPM-119, allowing the initiation of the LIBERATE-1 Phase 1 clinical trial. This trial will assess the safety, tolerability, and pharmacokinetics of NPM-119, a six-month GLP-1 implant for type 2 diabetes. The stock saw heavy trading volume, with over 11.7 million shares traded compared to the 100-day average of less than 174,000 shares.

Portfolio Pulse from Erica Kollmann

June 13, 2024 | 3:18 pm

Vivani Medical shares are trading higher after the company announced the FDA cleared the Investigational New Drug Application and lifted the clinical hold on NPM-119.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:08 pm

The article highlights the pre-market movements of 12 health care stocks on Thursday. Significant gainers include Longeveron (LGVN), JanOne (JAN), Bionomics (BNOX), BioRestorative Therapies (BRTX), Holdco Nuvo Group DG (NUVO), and Vivani Medical (VANI). Notable losers are Assure Holdings (IONM), Cara Therapeutics (CARA), Apyx Medical (APYX), Petros Pharma (PTPI), Catheter Precision (VTAK), and Connect Biopharma Holdings (CNTB).

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 12:07 pm

Vivani Medical, Inc. (NASDAQ:VANI) announced that the FDA has cleared its Investigational New Drug Application for NPM-119, allowing the commencement of the LIBERATE-1 Phase 1 trial. This trial will evaluate the safety, tolerability, and pharmacokinetics of Vivani’s six-month GLP-1 implant for type 2 diabetes. The study is set to start in the second half of the year. Vivani is also developing other drug implants targeting chronic weight management.

Portfolio Pulse from Akanksha Bakshi

June 13, 2024 | 11:01 am

Vivani Medical announced that their upcoming study will be the first clinical application of NanoPortal, their proprietary implant platform technology.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

Vivani Medical is studying NPM-119 to address medication non-adherence and improve tolerability issues associated with oral and injectable type 2 diabetes medications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

Vivani Medical announced that the FDA has cleared its Investigational New Drug (IND) application and lifted the clinical hold for NPM-119, a miniature long-term subdermal GLP-1 drug implant.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

Vivani Medical Inc (NASDAQ: VANI) announced positive proof-of-concept weight loss data for its GLP-1 implant, OKV-119, designed to treat feline obesity and diabetes. The study, published in BMC Veterinary Research, showed that a single OKV-119 implant effectively delivered exenatide for 3 months, inducing weight loss in cats. Vivani plans to extend the duration of OKV-119 to 6 months for future studies.

Portfolio Pulse from Vandana Singh

May 28, 2024 | 11:30 am

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