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Adial Pharmaceuticals, Inc. (ADIL)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1.9500+0.0600 (+3.17%)
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  • D
    Dave
    Interesting story on Keystone Capital Partners is ADIL is not planning on raising funds to continue operations, but I would imagine Keystone wants something more than stock. Keystone has announced an investment in a company, PTE. I'm going to take a look at this one as it looks interesting.
  • A
    Alex
    Quarterly results are out. No significant change in capital and other risks, or the AD04 timeline. Still on track for market in 2024, with progress being made in testing. Phase 3 in Scandinavia and Eastern Europe to be completed in 2021, second Phase 3 trial in the US by 2023. This is why we keep saying - HOLD LONG!

    In case anyone was interested in the rapid tests, sorry to disappoint, but not much news here. Revenue, if any, should be reported in Q1 2021:

    "During the second quarter of 2020, we began distributing COVID-19 rapid test kits. On August 6, 2020, we announced that we had entered into a distribution agreement with an independent sales and marketing firm, to act as a third-party agent to us for the sale and distribution of Rapid Result COVID-19 antibody test kits (“Tests”), which test for the antibodies indicating potential previous exposure and possible resistance to COVID-19. Though no significant revenue has yet been received under the Agreement, the independent sales and marketing firm will sell and distribute Tests under a profit-sharing arrangement with us, which may result in additional revenues being received.

    On September 29, 2020, we announced that the FDA has issued emergency use authorization for the Assure/FaStep® COVID-19 IgG/IgM Rapid Test Device, the test kit that we have been distributing a serology (antibody) point-of-care test for COVID-19 using fingerstick blood samples as compared with other approved tests that only utilize serum, plasma, or a venous blood draw."
    Bullish
  • r
    richard
    Maybe Constellation Brands, Inc will buy us....They are a booze & pot distributor ...Very Big .... STZ is the stock symbol.... This way STZ can sell booze and help with addiction.... They keep customers that way... https://finance.yahoo.com/quote/STZ?p=STZ
  • C
    Corn
    Buyout coming? What would a good price be? at $10/share, it's only a $140M market cap.
  • A
    Albrecht
    These guys are setting up to be bought out. 50% chance that happens in 2021 with a very nice "good will" upwards adjustment. Could see close to double digits soon
  • A
    Anagood
    Something is coming
  • J
    Just reading
  • a
    ashish
    $ADIL 🚨✅
    I have done some research on this and this is what I found....this is a Bio Company that focuses on their Drug Platform AD04...its a drug that targets the brain to reduce the urge to drink and/or excessive behavior and about 1/3 of population has this gene...I encourage you to do some reading but you will be amazed...now they took the opportunity to get into the Covid field and got the rights to sell/distribute Assure Covid 19 Blood tests...they did the leg work to partner with distributors, eCommerce platforms, Medical businesses, ect....they already sold 11,000 kits at 250 each so do the math on the Revenues...Bio company's don't usually generate revenues🚨✅
    Bullish
  • a
    ashish
    Bought more @dip
    Bullish
  • D
    Dave
    Up with no heavy volume.
  • J
    Just reading
    technically speaking if and when it clears 1.98 then the next stop is 2.35.then 2.47. Long ways.
    Bullish
  • a
    ashish
    $ADIL. 🚨✅
    So some quick math...Kroger has 2200 pharmacies, with 220 clinics.....say 2500 locations with 100 tests done per week on the low side...or 400 a month...that is roughly 1 mil test with 20 per kit or 50,000 test kits monthly... and 50K - times lets say 250 per kit or 25 per test as advertised is 12,5 mil a month in revenues...if they have a contract with them for say 12 months or 2 years...well you do the math....4 times their current market cap of 29 mil.... and that is just 1 retailer we know about not include other sales that expands globally....and this is for a bio company that never had revenues before....plus AUD AD04 submitted for expedited approval which could mean soon... 🚀🚀
    Bullish
  • a
    ashish
    $ADIL
    We all know its coming....it seems timing with the elections, Stimulus, spread of covid, economy, jobs, ect...all playing a role in the market....ADIL CEO is focusing long term and has this company set up....they will only have a small market segment but of 3.5 billion projected in testing by the end of 2020 they will do way better than most due to their marketing and partnerships...This will do great...so I expect good results and hoping they will blow our minds🚨🚀
    Bullish
  • a
    ashish
    $ADIL
    Last PR about covid was 4 weeks ago. AD04 3 weeks ago. We will get a PR by anytime soon
    Bullish
  • A
    Anja
    Avalon GloboCare and Adial Pharmaceuticals Announce Strategic Collaboration for Global Distribution of COVID-19 Point-of-Care Antibody Rapid Test Devices
    Also, If you’re interested in stocks that are similar to ADIL you should check out (http://webstock.today)
  • A
    Andrew khan
    Is Monday giong to be a good day for ADIL.... ?
  • a
    ashish
    $ADIL
    We have AD04 approval coming in 2021 in 36 billion market!!
    Bullish
  • A
    Albrecht
    I thought I was so smart buying this at $2.8 .. hahaha. Wrong! Are we ever going to recover?
  • a
    ashish
    $ADIL
    I am just averaging down for now....Short Interest is usually high in Bio stocks but when good PR hits they will launch....the thing that will make this stock is the earnings, continued sales and PR from Test Kits, and will watch as institutions and other investors start putting money in as this is a great investment...once the numbers come in this will start moving up weekly...by end of November this should never see below 2's again and could be above 3 to 5....leading into the new year and AD04 approvals with continued sales will really move this stock✅🚨
    Bullish
  • D
    DSB
    $FPRX conversation
    Please what is the after hour volume?
    I remember $ADIL also gained some momentum after hour and still tanked the next day following the rally.