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NEXGEL, Inc. - $NXGL STOCK NEWS

Welcome to our dedicated page for NEXGEL news (Ticker: $NXGL), a resource for investors and traders seeking the latest updates and insights on NEXGEL stock.

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 NEXGEL'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 NEXGEL's position in the market.

Rhea-AI Summary
NEXGEL, Inc. (NASDAQ: NXGL) announces a 12,000 square foot expansion of its CG Converting and Packaging facility in Granbury, Texas to support expected growth in product demand from new strategic partnerships and its own branded products. The expansion is funded by the landlord and will be completed in the second quarter of 2024. The company is purchasing new automation equipment to support the growth in product demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
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none
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Rhea-AI Summary
NEXGEL, Inc. (NASDAQ: NXGL) partners with STADA Arzneimittel AG to distribute and commercialize consumer health OTC products in North America in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.87%
Tags
partnership
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Rhea-AI Summary
NEXGEL, Inc. (NASDAQ: NXGL) acquires Kenkoderm, a skincare product company focusing on treating Psoriasis symptoms. Kenkoderm is profitable and expected to boost NEXGEL's revenue and margins. The acquisition aims to optimize marketing and supply chain operations for further growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.02%
Tags
Rhea-AI Summary
NEXGEL, Inc. (NASDAQ: NXGL) Announces Record Revenue and Improved Gross Profit Margin in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
Tags
-
Rhea-AI Summary
NEXGEL, Inc. will report its financial results for Q3 2023 on November 13, 2023. The company is a leading provider of hydrogel products for healthcare and consumer applications. A conference call will be held at 4:30 P.M. ET on the same day, which can be accessed through the Investor Relations website. The webcast will be archived for approximately 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
conferences earnings
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Rhea-AI Summary
NEXGEL, Inc. has announced a supply agreement with AbbVie Inc. for the provision of gel pads to be used with AbbVie's Rapid Acoustic Pulse device. The gel pads, based on NEXGEL's hydrogel technology, will be a crucial component of the body contouring device.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
Rhea-AI Summary
NEXGEL CEO to participate in LD Micro Main Event XVI on October 3rd – 5th in Los Angeles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.91%
Tags
-
Rhea-AI Summary
NEXGEL, Inc. to report Q2 2023 financial results on August 14, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.36%
Tags
conferences earnings
Rhea-AI Summary
NEXGEL, Inc. announced a new strategic relationship with Enigma Health for retail distribution and marketing services in North America. Enigma will also provide services for Moiety, Inc. CEO Adam Levy stated that they are expanding their distribution channels and leveraging Enigma Health's expertise to deliver their hydrogel topical patches directly to consumers. The joint venture will be led by Joe Magnacca and George Lamont, who have extensive experience in the retail distribution industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
partnership
NEXGEL, Inc.

Nasdaq:NXGL

NXGL Rankings

NXGL Stock Data

13.88M
4.93M
22.82%
2.03%
0.42%
Small Arms, Ordnance, and Ordnance Accessories Manufacturing
Manufacturing
Link
United States of America
LANGHORNE

About NXGL

nexgel advanced hydrogel solutions in a manufacturer of unique trans-dermal delivery system that was originally developed and fda-approved for the hospital wound care market, and is now being deployed against consumer otc, rx, medical device and cosmetic applications.