Opinions
Robert McWhirter
XORTX Therapeutics
XRX-CN
TOP PICK
Sep 03, 2021
Seen to have levelled out and has seen some moves recently. A small speculative company. Market cap is $74M. Continues to make new highs. A pharmaceutical company with 2 advanced products in trial. Enhancing safety to treat chronic kidney disease. Has some usage for covid patiences.
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Stock price when the opinion was issued
biotechnology
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RISKY
Recently it's jumped from 10 to 17 cents/share. Reason: Covid attacks major organs (lungs, kidneys) and those with gout are particularly vulnerable; XRX has drugs to treat kidneys and uric acid (high levels lead to gout). XRX has two drugs going into phase-3 drug trials. He likes XRX a lot, but it's highly speculative though. XRX could out-license with one of three companies on a share-revenue basis.
biotechnology
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