tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SanBio Secures Credit Line for AKUUGO Commercialization

Story Highlights
SanBio Secures Credit Line for AKUUGO Commercialization

Elevate Your Investing Strategy:

SanBio Co ( (JP:4592) ) has provided an update.

SanBio Co., Ltd. has secured a committed credit line agreement with MUFG Bank, Ltd. to support the commercialization of its product, AKUUGO, which has received conditional approval. The financial arrangement is expected to have a minor impact on the company’s earnings for the fiscal year ending January 2026.

The most recent analyst rating on (JP:4592) stock is a Sell with a Yen840.00 price target. To see the full list of analyst forecasts on SanBio Co stock, see the JP:4592 Stock Forecast page.

More about SanBio Co

SanBio Co., Ltd. operates in the biotechnology industry, focusing on developing regenerative cell therapies for neurological disorders. Their primary product, AKUUGO, is aimed at intracranial implantation, and the company is working towards its commercialization.

Average Trading Volume: 5,064,093

Technical Sentiment Signal: Buy

Current Market Cap: Yen149.9B

For a thorough assessment of 4592 stock, go to 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