U.S. Markets open in 4 hrs 26 mins

Aoxing Pharmaceutical Company, Inc. (AXN)

NYSE MKT - Nasdaq Real Time Price. Currency in USD
Add to watchlist
0.299+0.009 (+3.069%)
At close: 3:43PM EDT
People also watch
  • Stagnant
    Very heavy volume - and 4-cents is an attention grabber for any 29 cent stock that is moving away from 52-week low........

    Perhaps a few factors are moving this one in the right direction.......??
  • Any news on this ?
  • i have been holding this for more than 2 years ? does anyone know whether this is going up or no ?
  • any news on this ?
  • Reverse split or delisting?
  • I predict this to go up to $9 after earnings
  • I predict this to go u to $9 after next earnings 💃
  • ouch. although I sold out at a loss awhile ago, I really wanted to see this win. less cash, down revenue. Maybe next year.
  • Will this go above $3 anytime
  • Investors will continue to monitor its ongoing pharmaceutical trials to determine if the stock will be able to reverse its downturn. OwensAssetFund.com now owns 99 shares
  • Wow. A "going concern" letter.

    I suppose the only reason this is not zero is the hope of future cash flow coming through.

    I think the U.S. market has rejected this company. IMO, they will probably delist here and then just trade in China. The government over there will loan them money to keep them alive. They will essentially be owned by the government.
  • How is stock not delisted? Has it received a delist notice yet?
  • From last year's annual report. Sales will not show up on this next annual report, but moving forward, sales should be substantial.

    On June 8, 2015, the China Food and Drug Administration ("CFDA") issued to Aoxing Pharma's subsidiary licenses to produce Tilidine Hydrochloride tablets (“Tilidine HCL”). Registration Certificate 2015S00391 was issued for the 50mg tablet; Registration Certificate 2015S00390 was issued for the 100mg tablet. This approval is the culmination of multiple years of research, development and regulatory activities. Our entry into the market will be a significant break-through in China's fight to treat pain. Tilidine HCL tablets offer a convenient medium for delivery of this drug, which is essential in the fight against pain. We will be the sole producer of Tilidine HCL tablets in China.

    Tilidine hydrochloride is an orally-absorbed synthetic narcotic analgesic. It is used in 50mg or 100mg dosage strength for relief of acute, moderate to severe pain, and chronic cancer-related pain. Tilidine hydrochloride is currently selling in European countries, including Germany, Belgium, Ireland, Italy and Switzerland and is not available in China at the moment.

    It is estimated that there are at least 50 million operation procedures performed in Chinese hospitals and clinical centers every year, and 50% of these procedures require acute post-operative pain treatment. In addition, there are estimated to be over 2.2 million newly diagnosed cancer patients every year, and 60% of them are unable to receive necessary pain management under the current treatment paradigm.