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Angion Biomedica Corp - angn STOCK NEWS

Welcome to our dedicated news page for Angion Biomedica (Ticker: angn), a resource for investors and traders seeking the latest updates and insights on Angion Biomedica.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Angion Biomedica's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Angion Biomedica's position in the market.

Rhea-AI Summary
Angion Biomedia Corp. (NASDAQ: ANGN) has announced a 1-for-10 reverse stock split of its outstanding shares of common stock. The split will take effect on June 2, 2023, and the new trading symbol will be 'ELTX'. The reverse stock split was approved by stockholders to regain compliance with Nasdaq's minimum bid price requirement.
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Angion Biomedica Corp

Nasdaq:ANGN

ANGN Rankings

ANGN Stock Data

30.11M
Pharmaceutical Preparation Manufacturing
Manufacturing
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About ANGN

Angion Biomedica Corp. is committed to transforming the treatment paradigm for patients suffering from acute organ injuries and fibrotic diseases for which there are no approved medicines or where existing approved medicines have limitations. Angion’s lead product candidate, ANG-3777, is a hepatocyte growth factor (HGF) mimetic currently being evaluating in a Phase 3 registration trial for delayed graft function in patients undergoing deceased donor kidney transplantation, a Phase 2 trial in cardiac-surgery associated acute kidney injury, and a Phase 2 trial in patients with COVID-19 related pneumonia at high risk for acute respiratory distress syndrome. Angion is also currently evaluating ANG-3070, a tyrosine kinase receptor inhibitor for the treatment of fibrotic disease, in Phase 1. Additionally, Angion has preclinical programs for a rho kinase 2 (ROCK2) inhibitor and a CYP11B2 (aldosterone synthase) inhibitor.