Mkt Cap $523.7K
52-Week Range
Avenue Therapeutics narrowed its net loss by 74.8% to -$2.9M from -$11.7M, driven by AJ201 return to AnnJi and Baergic divestiture that reduced development costs, while operating cash burn improved to -$1.8M from -$9.0M amid financing needs.
$523.7K
Market Cap
$1M
Revenue
-$4M
Net Income
Avenue Therapeutics, Inc., a specialty pharmaceutical company, develops and commercializes products primarily for use in the acute/intensive care hospital setting. Its product candidate is intravenous Tramadol, a synthetic dual-acting opioid, which is in Phase III clinical trials for the treatment of post-operative acute pain. The company was incorporated in 2015 and is based in New York, New York.