XBiotech Inc. (XBIT) Trading at $8.66 after Decline

XBiotech Inc. (NASDAQ:XBIT) Corporate Logo

XBiotech Inc. (NASDAQ:XBIT) decreased considerably to $8.66. On Feb, 16 it was announced by Barchart.com. The company has $310.20M market cap. The company’s valuation will be $24.82 million less at $7.97 PT.

For more XBiotech Inc. (NASDAQ:XBIT) news released recently go to: Globenewswire.com, Benzinga.com, Nasdaq.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Bermekimab Successfully Treats Hidradenitis Suppurativa, Including Significant Reduction in Pain – GlobeNewswire” released on January 23, 2019, “50 Biggest Movers From Yesterday – Benzinga” on February 06, 2019, “Dr. Alice Gottlieb to Present Hidradenitis Suppurativa Findings at American Academy of Dermatology Annual Meeting – Nasdaq” with a publish date: January 28, 2019, “XBiotech Highlights Quarterly Developments Nasdaq:XBIT – GlobeNewswire” and the last “XBiotech: Strong Upside Potential In Atopic Dermatitis And Hidradenitis Suppurativa – Seeking Alpha” with publication date: January 23, 2019.

XBiotech Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing True Human monoclonal antibodies for treating various diseases.The company has $310.20 million market cap. The companyÂ’s lead product is Xilonix, which is also known as MABp1, a therapeutic antibody that neutralizes interleukin-1 alpha, which has completed Phase III clinical trial in Europe for the treatment of symptomatic and advanced colorectal cancer.Currently it has negative earnings. It has also investigating its lead product candidate in various clinical trials for other inflammatory conditions, including vascular disease, type II diabetes, acne, psoriasis, pyoderma gangrenosum, and hidradenitis suppurativa, as well as staphylococcus aureus infection, influenza, and clostridium difficile infection diseases.

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