Has $ASEP hit its bottom? I think one of my biotech picks may have reached its bottom and I'm feeling bullish about it.
Asep Medical Holdings Inc ( $ASEP.C ) is addressing antibiotic failure and sepsis treatment in two main ways:
-through peptide technology
- and early sepsis detection tech
Sepsis occurred in 49M people globally in 2017 ALONE, and currently, antibiotics are the go-to treatment for it.
For 23% of these patients, antibiotics fail which leads to 11 million deaths (19.7% of all deaths in 2017 annually.
Early detection of sepsis allows doctors to make better informed life-saving decisions earlier which will add to the efficacy of antibiotics.
$ASEP's tech includes a novel diagnostic tool that detects the dysfunctional immune response that underlies the most severe forms of sepsis.
The company is also developing peptide tech which allows antibiotics better penetrate the bacteria that causes sepsis and other infections.
IMO now might be a good time to invest because clinical testing their tech is already underway for the sepsis detection tech and the company intends to file for regulatory approval within the next 6-9 months.
I think that once we could see these filings and eventual approval as huge catalysis for $ASEP.
Additionally, I think that we might be seeing the bottom $ASEP's price dip and things could get bullish again as investors realize the value and demand for this biotech.
Right now $ASEP is trading at $0.50 (stable today)
https://asepmedical.com/investors/