Enzolytics Stock Price, News & Analysis

Enzolytics, Inc. (ENZC) has granted a distributorship license for its anti-HIV-1 therapeutic ITV-1 to a European pharmaceutical entity. This license covers distribution rights in numerous countries, including India and Nigeria, and the deal includes $1 million in cash and a 50% stake in the Licensing Entity valued at $8 million. The Licensing Entity will also invest an additional $2 million in Enzolytics, raising total cash to $3 million. This partnership is expected to enhance the sales and distribution efforts for ITV-1, marking a significant milestone in the company's revenue generation strategy.

Enzolytics, Inc. (OTC: ENZC) has engaged TEN Associates LLC to enhance communication about its business strategy and progress since its merger with BioClonetics Immunotherapeutics, Inc. in December 2020. The company aims to share significant milestones and advancements regarding its ITV-1 compound, which is being developed to treat infectious diseases like HIV/AIDS. With new investor relations personnel, Enzolytics plans to provide timely updates while focusing on therapeutic development. The press release also emphasizes the potential risks associated with forward-looking statements regarding the efficacy and commercialization of ITV-1.

Enzolytics, Inc. (OTC: ENZC) reported advancements in its therapeutic platforms for treating infectious diseases, including HIV and COVID-19. Ongoing milestones include anti-HIV monoclonal antibody testing and AI-driven identification of virus target sites. The company is preparing for clinical trials of its patented ITV-1 therapy for HIV under EMA standards, with potential FDA recognition. Enzolytics aims to expedite monoclonal antibody development for COVID-19 variants. The CEO emphasized the portfolio's strength, addressing various viruses through innovative technologies.

Enzolytics Inc. invites investors and analysts to its presentation at the Emerging Growth Conference on April 14, 2021. CEO Charles Cotropia will present at 3:00 PM ET and address audience questions. The event is designed to connect companies with investors, providing a platform for interactive presentations about growth sectors. Attendees can register for the event through a unique link, and an archived version will be available post-event. Enzolytics focuses on drug development, particularly its ITV-1 compound for treating HIV/AIDS.

Enzolytics, Inc. (OTC PINK:ENZC) announced significant findings regarding its monoclonal antibodies targeting conserved epitopes on Coronavirus variants linked to increased transmissibility and severity. These conserved sequences, identified using AI, are 98.71% to 99.29% consistent across 50,512 isolates, giving the antibodies universal applicability. The company is pursuing patents for these discoveries, aiming for exclusive therapeutic rights for 20 years. CEO Charles Cotropia emphasized the importance of these advancements in the ongoing fight against COVID-19.

Enzolytics, Inc. (OTC PINK:ENZC) has filed updated NIH grant applications to fund the production of monoclonal antibodies targeting conserved epitope sites on HIV-1 and SARS-CoV-2 viruses. The company identified 8 conserved sites on HIV-1 and 11 on SARS-CoV-2, using AI to analyze over 137,000 isolates. These applications are expected to enhance funding prospects. Additionally, Enzolytics is negotiating a contract valued over $50 million with Pro Wave Ad Product for the supply of raw materials for a nutraceutical spray in India.

Enzolytics, Inc. (OTC: ENZC) has formalized legal agreements to establish International Medical Partners (IMPL), a Bulgarian LLC, in which it holds a 50% stake. This partnership aims to advance the production and certification of ITV-1, a patented therapeutic for HIV, targeting upcoming clinical trials under the European Medicines Agency (EMA). Funding arrangements for these trials are in place. The company is also preparing for OTCQB submission upon completion of its financial audits and intends to file its Annual Report by March 31, 2021.

Enzolytics, Inc. (OTC PINK:ENZC) has filed for U.S. patent protection for 8 conserved sites on the HIV-1 virus, boasting sequences conserved over 98%. This patent will extend internationally under the Patent Cooperation Treaty. The company’s anti-HIV monoclonal antibody has been verified as conserved across all 87,336 HIV isolates analyzed. Enzolytics aims to produce effective therapeutics that avoid 'virus escape,' focusing on invariant virus sites. This initiative follows previous challenges in HIV treatment and aims to apply similar strategies against other viruses, including SARS-CoV-2.

Enzolytics, Inc. (ENZC) has announced the identification of 11 conserved epitopes on the SARS-CoV-2 virus, through analysis of over 50,512 Coronavirus isolates. The company is producing targeted monoclonal antibodies to these sites, filing a comprehensive patent application to cover epitope/antigen claims. These conserved sites will likely remain stable amid viral mutations, ensuring effectiveness. Additionally, the company is pursuing patent protection for similar findings related to HIV. This progress underscores the company's commitment to developing effective therapeutics against infectious diseases.