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XORTX Therapeutics Inc V.XRTX

Alternate Symbol(s):  XRTX

XORTX Therapeutics Inc. is a Canada-based late-stage clinical pharmaceutical company. The Company develops therapies to treat progressive kidney disease modulated by aberrant purine and uric acid metabolism in orphan disease indications, such as autosomal dominant polycystic kidney disease (ADPKD), as well as type 2 diabetic nephropathy (T2DN) and fatty liver disease. It is working to advance its clinical development stage products that target aberrant purine metabolism and xanthine oxidase to decrease or inhibit production of uric acid. The Company has three product development programs: XRx-008, which is a program for the treatment of ADPKD; XRx-101, which is a program to treat acute kidney injury (AKI) associated with respiratory virus infection, AKI and associated health consequences, and XRx- 225, a program for the treatment of T2DN. The Company's XRx-008 program is designed for longer term stable chronic oral dosing of xanthine oxidase inhibitors.


TSXV:XRTX - Post by User

Post by ecanadian2on Mar 23, 2022 7:04pm
270 Views
Post# 34539705

first a huge momo play in Sep 2021 ... now another one

first a huge momo play in Sep 2021 ... now another onelikely much smaller one this time.

Very small float and o/s shares so it can be easily manipulated I guess.  Just make sure to take profits because these profits will most likely not last long at all.

This is an early stage biotech company that will need lots of money to keep going. Presently they are still well financed due to the relatively recent financing upon Nasdaq listing ... but they can burn through this money fairly quickly.  Time will tell.
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