SmallCaps
ASX:AVEPharmaceuticals, Biotechnology & Life SciencesPharmaceuticals

Avecho Biotechnology Ltd

$0.013
+$0.001 (+8.33%)
Day Range
$0.012 – $0.013
52 Week Range
$0.004 – $0.014
Volume
10.81M
Avg Volume (10D)
10.64M
Market Cap
$49.80M
Price Chart
Market Statistics
Open$0.013
Previous Close$0.012
Day High$0.013
Day Low$0.012
52 Week High$0.014
52 Week Low$0.004
Valuation
Market Cap49.80M
Shares Outstanding3.83B
Price to Book30.62
Trading Activity
Volume10.81M
Value Traded139.49K
Bid$0.012 × 5,144,062
Ask$0.013 × 3,387,435
Performance
1 Day8.33%
5 Day8.33%
13 Week8.33%
52 Week225.00%
YTD44.44%
Technical Indicators
RSI (14)56.18
50-Day SMA$0.011
200-Day SMA$0.009
Latest News
Avecho Biotechnology Receives US and EU Patent Allowances for Proprietary CBD Soft-Gel Capsule
Biotechnology

Avecho Biotechnology Receives US and EU Patent Allowances for Proprietary CBD Soft-Gel Capsule

Avecho Biotechnology (ASX: AVE) has received patent allowances from both the US Patent and Trademark Office and the European Patent Office for its cannabidiol (CBD) TPM soft-gel capsule.

Avecho Biotechnology advances CBD insomnia trial with Sandoz licensing deal and funding
Biotechnology

Avecho Biotechnology advances CBD insomnia trial with Sandoz licensing deal and funding

Avecho Biotechnology (ASX: AVE) has received a maiden payment of approximately $4.7 million (US$3m) from international generic and biosimilar medicines specialist Sandoz. The payment forms part of a recently signed licensing agreement for the commercial rights to develop Avecho’s proprietary cannabidiol (CBD) product for insomnia treatment in Australia. Avecho has granted Sandoz exclusive commercial rights […]

Avecho Biotechnology signs exclusive licensing deal with Sandoz for CBD insomnia treatment
Biotechnology

Avecho Biotechnology signs exclusive licensing deal with Sandoz for CBD insomnia treatment

Avecho Biotechnology (ASX: AVE) has signed an exclusive 10-year development and licensing agreement with Swiss generic pharmaceuticals developer Sandoz Group to investigate the commercialisation of a cannabidiol (CBD) capsule for insomnia in Australia. The companies have identified a market in which nearly 9.5 million Australians experience symptoms of insomnia, with approximately 3.6 million of those […]

Avecho Biotechnology gains traction on commercialising TPM-enhanced oncology drugs
Biotechnology

Avecho Biotechnology gains traction on commercialising TPM-enhanced oncology drugs

Long-term efforts by Avecho Biotechnology (ASX: AVE) to further the clinical and commercial potential of its TPM (tocopheryl phosphate mixture) enhanced products gained traction during the three months to end June. In May, the US Patent and Trade Marks Office allowed the company a new patent application covering an optimised manufacturing process for TPM. When […]