tiprankstipranks
Advertisement
Advertisement

Endurance RP Achieves Key Milestones and Reduces Losses in 2024

Story Highlights
  • Endurance RP reduced its losses significantly to US$4.48 million in 2024.
  • Key developments include NDA submission for Senstend™ in China and Fortacin™ licensing in Japan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Endurance RP Achieves Key Milestones and Reduces Losses in 2024

Claim 55% Off TipRanks

The latest announcement is out from Endurance RP ( (HK:0575) ).

Endurance RP reported a significantly reduced loss of approximately US$4.48 million for the year ended 31 December 2024, primarily due to operating and R&D expenses. A key development was the submission of a New Drug Application (NDA) by Wanbang Biopharmaceutical to the NMPA in China for Senstend™, with approval expected within 12 months. This could lead to substantial payments to Endurance RP upon approval and commercialization in China. The company also out-licensed Fortacin™ to Kobayashi Pharmaceutical for the Japanese market and made progress on Phase 3 clinical studies in the US. Additionally, Endurance RP is advancing its deep learning aging clock technology through Deep Longevity, aiming to expand its market presence and partnerships.

More about Endurance RP

Endurance RP is a company incorporated in the Cayman Islands, operating in the healthcare and life sciences sectors. It focuses on the development and commercialization of pharmaceutical products, with a particular emphasis on Fortacin™ and Senstend™, and is also involved in deep learning technology for aging clocks through its subsidiary, Deep Longevity.

Technical Sentiment Signal: Buy

Current Market Cap: $13.52M

Learn more about 0575 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1