Welcome to our dedicated page for PRF Technologies news (Ticker: PRFX), a resource for investors and traders seeking the latest updates and insights on PRF Technologies stock.
PRF Technologies Ltd. reports developments across clinical-stage specialty pharmaceuticals and AI-driven solar analytics. The company focuses on reformulating established therapeutics for post-operative pain management and, through majority-owned LayerBio, is developing OcuRing™-K, a bio-erodible intraocular ring designed to deliver ketorolac for post-cataract pain and inflammation.
PRF news also covers the company’s DeepSolar business unit, which develops AI-driven digital asset management, forecasting, performance monitoring, and technical due diligence tools for utility-scale solar plants. Recurring updates include ocular drug-delivery regulatory milestones, preclinical and clinical safety data, patent activity, SaaS deployments, commercial collaborations, capital actions, and governance changes.
PainReform Ltd. (Nasdaq: PRFX) announced a delay in the Phase 3 trial for PRF-110 due to manufacturing issues, which are expected to enhance efficiency and scalability. CEO Ilan Hadar highlighted optimism based on prior Phase 2 results and the potential of PRF-110 in the $12 billion post-operative pain market as a safer alternative to opioids. The company remains committed to providing updates on the trial's start date as they progress.
PainReform Ltd. (Nasdaq: PRFX) has announced successful improvements in the manufacturing process of its lead product PRF-110, enhancing efficiency and scalability. These advancements include the implementation of terminal filtration, aimed at ensuring high-quality production. The company confirms it is on track to initiate a Phase 3 clinical trial for bunionectomy in November 2022. PainReform focuses on reformulating established therapeutics to provide localized post-operative pain relief, reducing reliance on opiates.
PainReform Ltd. (Nasdaq: PRFX) announced that CEO Ilan Hadar will present at the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022, in New York City. The presentation will be available on-demand starting September 12 at 7:00 AM ET. One-on-one meetings with investors are scheduled for September 12-16. PainReform focuses on reformulating established therapeutics, with its lead product, PRF-110, designed to provide localized and extended post-operative pain relief using ropivacaine.
PainReform Ltd. (PRFX) has made significant progress in developing its lead product, PRF-110, designed for post-surgical pain relief. The company has successfully completed tech transfer for manufacturing clinical batches and is on track to start Phase 3 clinical trials in bunionectomy by Q4 2022. Financially, PainReform reported a net loss of $3.5 million for the first half of 2022, an improvement from a $3.7 million loss in 2021. The company maintains a strong balance sheet with $13.8 million cash on hand, sufficient to support ongoing activities and trials.
PainReform (Nasdaq: PRFX) has received a Nasdaq Listing Qualifications notice indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has a 180-day grace period until February 6, 2023, to regain compliance by maintaining a closing bid price of at least $1 for ten consecutive business days. If compliance is not achieved, PainReform may be subject to delisting. Despite this, the current trading of its shares will continue on the Nasdaq Capital Market during the grace period.
PainReform (Nasdaq: PRFX) announced successful batch manufacturing of PRF-110 and progress towards Phase 3 clinical trials expected in H2 2022. CEO Ilan Hadar confirmed that FDA approval for the 505(b)(2) pathway sets the stage for efficient trial execution. The company has $15.4 million in cash and no debt, ensuring capital availability for key milestones. Q1 2022 reported R&D expenses decreased to $680,000, and net loss decreased to $1.694 million, reflecting cost management. PainReform focuses on reformulating established therapeutics for enhanced surgical pain relief.
PainReform Ltd. (Nasdaq: PRFX), a clinical-stage specialty pharmaceutical company, announced that CEO Ilan Hadar will present at the Noble Capital Markets’ Eighteenth Annual Investor Conference on April 20-21, 2022, in Hollywood, Florida. Hadar's presentation is scheduled for April 20 at 12:00 pm ET in Seminole Ballroom C, with a breakout session at 4:00 pm ET at Table 9. A video webcast of the presentation will be available the following day on the Company's website and other platforms, archived for 90 days.
PainReform Ltd. (Nasdaq: PRFX) announced its participation in the 2022 Virtual Growth Conference hosted by Maxim Group LLC and M-Vest, scheduled for March 28-30, 2022, from 9:00 a.m. to 5:00 p.m. EDT. The conference will include various discussions and presentations, featuring a corporate update by CEO Ilan Hadar. To attend, individuals must register as M-Vest members. PainReform focuses on reformulating established therapeutics, with its lead product PRF-110 aimed at providing extended post-operative pain relief through a unique drug-delivery system.
PainReform Ltd. (Nasdaq: PRFX) provided a business update for 2021, revealing plans to start a Phase 3 trial of PRF-110 for bunionectomy in H2 2022. The company has $16.6 million in cash, a positive working capital of $18.3 million, and no debt. R&D expenses surged to $2.9 million from $0.4 million in 2020, while the net loss increased to $7.2 million. PainReform's lead product, PRF-110, aims to meet the $35 billion post-operative pain management market, potentially reducing opioid use. Key developments are anticipated in 2022 to enhance shareholder value.
TEL AVIV, Israel, Dec. 14, 2021 – PainReform Ltd. (Nasdaq: PRFX) announced that CEO Ilan Hadar will participate in the Benzinga All Access event on December 16, 2021, at 10:00 A.M. ET. The event features a live interview with Spencer Israel, Executive Producer of Benzinga TV. Investors can watch the event here. PainReform, focused on reformulating established therapeutics, aims to provide extended post-operative pain relief with its product PRF-110.