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MOUNTAIN VIEW, Calif. - Aditxt, Inc. (NASDAQ: ADTX), a health innovation company with a market capitalization of $1.59 million, announced recent progress in advancing its subsidiaries toward commercial milestones and strategic acquisitions. According to InvestingPro analysis, the stock appears undervalued despite facing significant challenges, including a 99% decline over the past six months. The company is set to launch weekly updates to enhance transparency with investors.
Aditxt’s subsidiary Adimune™ is preparing for clinical trials for its drug candidate, ADI-100, targeting autoimmune diseases. Regulatory preparations include an IND application for the FDA for Stiff Person Syndrome (SPS) in partnership with the Mayo Clinic and a Clinical Trial Application for German authorities for Type I Diabetes (T1D) and Psoriasis. These developments come as InvestingPro data shows the company operating with concerning financial metrics, including a weak Financial Health Score of 0.85 and significant cash burn rate.
Pearsanta™, another subsidiary focusing on precision diagnostics, is progressing towards its commercial launch, expected in the second half of 2025, with blood-based tests for Prostate Cancer and Endometriosis. Pearsanta has engaged Dominari Securities LLC as the lead underwriter for its planned IPO to support commercialization efforts.
Adivue™, following the acquisition of Brain Scientific, is working towards FDA renewal for an EEG device and establishing partnerships for product development and commercialization.
On the acquisition front, Aditxt has extended its agreement with Appili Therapeutics until the end of March 2025 and completed the required payments. Discussions with Evofem Biosciences continue to determine the best strategic path forward for integration into Aditxt’s platform.
The first Aditxt Weekly Update on March 21, 2025, will feature CEOs Saundra Pelletier of Evofem and Amro Albanna of Aditxt discussing their strategic directions.
Despite market challenges, Aditxt recently undertook a reverse stock split to maintain Nasdaq compliance and continue its business objectives. The company emphasizes its commitment to advancing its subsidiaries and executing acquisition initiatives. Financial data from InvestingPro reveals critical challenges, including a current ratio of 0.09 and negative EBITDA of $29.61 million in the last twelve months. Subscribers to InvestingPro can access 18 additional key insights and detailed financial metrics to better understand the company’s position and prospects.
Aditxt operates a multi-subsidiary structure focused on immune health, precision medicine, neurological monitoring, public health, and women’s health. The company is dedicated to accelerating health innovations through its ecosystem of partners and stakeholders.
This report is based on a press release statement and provides an overview of Aditxt’s current developments and future plans.
In other recent news, Aditxt, Inc. has announced a reverse stock split at a ratio of 1-for-250, which will take effect on March 17, 2025, after receiving shareholder approval. This move is intended to meet Nasdaq’s minimum bid price requirement. In addition, Aditxt is advancing its autoimmune therapy, ADI-100, towards clinical trials, with preclinical studies showing potential benefits without significant risks. The company is preparing for trials in Germany and the U.S., with collaborations involving the Mayo Clinic.
Moreover, Aditxt’s subsidiary, Pearsanta, Inc., is preparing for an initial public offering (IPO) with Dominari Securities LLC as the lead underwriter. The IPO aims to support the commercial launch of Pearsanta’s Mitomic® Technology for early cancer detection. Pearsanta has been actively pursuing funding and clinical validation, including a proposal to the Department of Defense for evaluating its Mitomic Prostate Test. Furthermore, Aditxt is exploring merger agreements with Appili Therapeutics and Evofem Biosciences, although these are contingent on raising sufficient capital.
Lastly, Aditxt’s board has authorized the exploration of an IPO for Pearsanta in 2025, which aligns with the company’s strategy to promote health innovations. The company’s broader mission includes expanding its focus to public health and women’s health through strategic partnerships. These recent developments reflect Aditxt’s ongoing efforts to enhance its market presence and operational capabilities.
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