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Low Float (Nasdaq: ACTU) Has Multiple Analyst Targets Suggesting Triple-Digit Potential Upside
July 17th Greetings Readers,
Catch yesterday's breakout star?
Swinging from a low of $4.17 to a high of $11.14, my most recent breakout idea cut loose on hump day.
Running approx. 167% intraday, the market definitely took notice of that low float Nasdaq idea.
So, here's another one to consider for your watchlist...
With A low float of fewer than 7Mn shares, analyst targets pointing to triple-digit potential upside, and an important update from a key phase 2 trial, this under-the-radar Nasdaq idea has my complete attention this Thursday.
Think about turning your focus to:
*Actuate Therapeutics, Inc. (Nasdaq: ACTU)*
Actuate is a clinical-stage biopharmaceutical company focused on developing therapies for the treatment of high-impact, difficult-to-treat cancers.
Actuate’s lead investigational drug, elraglusib (a novel GSK-3β inhibitor), targets molecular pathways in cancer that are involved in promoting tumor growth and resistance to conventional cancer drugs such as chemotherapy through the inhibition of nuclear factor kappa-light-chain-enhancer of activated B cells (NF-kB) and DNA Damage Response (DDR).
Elraglusib may also mediate anti-tumor immunity through the regulation of multiple immune checkpoints and immune cell function.
Key Company Highlights
(1.) Advancing a potentially class-leading GSK-3β inhibitor, elraglusib with a novel, multimodal MOA, in multiple advanced cancer Phase 2 trials.
(2.) Clinical responses (CRs/PRs) and Disease Control observed across cancer histologies Extended survival and increased responses are observed in mPDAC and relapsed/refractory Ewing sarcoma.
Preliminary evidence of clinical benefit has also been observed in patients with metastatic melanoma and relapsed/refractory colorectal and lung cancer
(3.) Oral version of elraglusib successfully evaluated in Healthy Volunteer Phase 1.
- Phase 1 dose escalation study planned in advanced cancer patients
(4.) Broad composition of matter IP protection and development incentives.
- Orphan Drug Designations for pancreatic and other cancer types; Fast Track Designation for pancreatic cancer
Strategic Pipeline Growth for GSK-3β Associated Diseases |
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