Welcome to our dedicated page for Channel Therapeutics news (Ticker: CHRO), a resource for investors and traders seeking the latest updates and insights on Channel Therapeutics stock.
Channel Therapeutics Corporation news covers the completed transition of the CHRO issuer into Pelthos Therapeutics, a biopharmaceutical company commercializing ZELSUVMI (berdazimer) topical gel for molluscum contagiosum. Coverage also includes Channel's historical clinical-stage biotechnology work on non-opioid, non-addictive pain therapeutics targeting the sodium ion channel NaV1.7.
Recurring developments include ZELSUVMI commercialization, FDA-approved product positioning, NaV1.7 preclinical program updates for chronic pain, acute and chronic eye pain and post-surgical nerve blocks, corporate name and domicile changes, shareholder voting matters, capital-structure disclosures and exchange-listing compliance announcements.
Chromocell Therapeutics (NYSE American: CHRO) has announced an amendment to its stock repurchase plan, increasing the total value of shares available for repurchase by an additional $500,000 to $750,000. The amendment also extends the plan's termination date from December 31, 2024, to June 30, 2025. The company's CEO Frank Knuettel stated this decision reflects their belief that the common stock is undervalued and represents an attractive investment at current prices. The repurchases may be conducted through open market or private transactions, subject to Rule 10b-18 regulations and trading plans under Rule 10b5-1.
Chromocell Therapeutics (NYSE American: CHRO), a leader in non-opioid pain treatment development, will present at the H.C. Wainwright 26th Annual Global Investment Conference. CEO Frank Knuettel will provide a company overview, with the virtual presentation available from September 9th at 7:00 A.M. (ET).
Institutional investors can register at www.hcwevents.com/annualconference. The presentation will be accessible through Chromocell's Investor section website, with an archived replay available for at least 30 days. This event allows Chromocell to highlight its progress in developing innovative non-opioid pain treatments, focusing on modulating NaV1.7 receptors in the peripheral nervous system.
Chromocell Therapeutics (NYSE American: CHRO), a pioneer in non-opioid pain treatment development, has announced a stock repurchase plan of up to $250,000 of its common stock. This represents approximately 23% of the non-affiliate float based on the August 6, 2024 closing price. The plan, which is discretionary and can be modified or terminated at any time, aims to enhance stockholder value.
CEO Frank Knuettel stated that while the company remains focused on allocating capital to clinical and pre-clinical programs, they believe the current stock price doesn't reflect their progress in developing drugs for neuropathic and chronic pain. The company views its stock as an attractive investment opportunity and expects to make announcements in the coming months supporting their drug development efforts.
Chromocell Therapeutics (NYSE American: CHRO), a leader in non-opioid pain treatment development, has announced its participation in the Virtual Investor Lunch Break Series. The event, titled 'The Chromocell Opportunity,' is scheduled for Thursday, July 18, 2024, at 12:00 PM ET.
Frank Knuettel II, serving as both CEO and CFO, will present a corporate overview and business outlook. The session will include a live Q&A segment, allowing attendees to submit questions. A live video webcast will be available on the company's website, with a replay accessible for 90 days following the event.
Chromocell Therapeutics , listed as CHRO on NYSE American, will have its CEO present at Alliance Global Partners Healthcare Company Showcase on May 21, 2024. The conference will feature top healthcare companies discussing industry catalysts and future trends. Investors can attend the 20-minute 'fireside chat' style presentations online.
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