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XORTX Therapeutics Inc V.XRTX

Alternate Symbol(s):  XRTX

Healthcare
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

XORTX Therapeutics Inc > XRTX.....slowly creeping higher
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Comment by Iseneschalon Mar 05, 2024 10:58am
82 Views
Post# 35915747

RE:XRTX.....slowly creeping higher

RE:XRTX.....slowly creeping higher
Iseneschal wrote: On low volume.
Now at top of "sideways channel " pattern ....$4.50 cad

Possible breakout....possible drop

Call it a coin toss


Place ur bet....either way ; )


I will explain myself...... The reason for that post was to make people aware of the share price trend. XRTX is an inter-listed Co on both NASDAQ & The Canadian Exchange.

Normally when a Co. listed on NASDAQ does a Financing.....I'd say 8 times out of 10 the share price will take a big hit.
Given the fact that XRTX has now finished the 2nd tranche of it's 2 part finacing and the share price is still trending higher......I'd say this is extremely Bullish

I'm still holding my position

$10 holla....here we come.....Wait for it ; )

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Dealroom for high-potential pre-IPO opportunities