GRI Bio Inc sees significant drop amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 08 2024
0mins
Should l Buy GRI?
Source: Coinmarketcap
GRI Bio Inc's stock price fell by 15.53% as it crossed below the 5-day SMA, despite the broader market showing positive movement with the Nasdaq-100 up 0.48% and the S&P 500 up 0.34%.
This decline is attributed to sector rotation, as investors are shifting their focus away from biotech stocks, leading to a sell-off in GRI Bio Inc shares. The stock's performance contrasts with the overall market strength, indicating a specific weakness in the company's outlook or investor sentiment.
The implications of this movement suggest that GRI Bio Inc may need to address investor concerns or improve its market positioning to regain momentum, especially in a favorable market environment.
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Analyst Views on GRI
Wall Street analysts forecast GRI stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.310
Low
10.00
Averages
23.00
High
36.00
Current: 2.310
Low
10.00
Averages
23.00
High
36.00
About GRI
GRI Bio, Inc. is a clinical-stage biopharmaceutical company focused on fundamentally changing the way inflammatory, fibrotic and autoimmune diseases are treated. The Company’s therapies are designed to target the activity of Natural Killer T (NKT) cells, which are key regulators earlier in the inflammatory cascade, to interrupt disease progression and restore the immune system to homeostasis. Its lead program, GRI-0621, is an inhibitor of iNKT cell activity and is being developed as a novel oral therapeutic for the treatment of idiopathic pulmonary fibrosis. The Company is also developing a pipeline of novel type II diverse NKT agonists for the treatment of systemic lupus erythematosus. Its product candidate portfolio also includes GRI-0803 and a proprietary library of more than 500 compounds. It is developing GRI-0803 for the treatment of autoimmune disorders, with much of its preclinical work in systemic lupus erythematosus disease (SLE) and multiple sclerosis (MS).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GRI Bio Reports New Data Advancing NKT Cell Therapy Progress
- Clinical Trial Progress: GRI Bio announced additional positive Phase 2a data in Idiopathic Pulmonary Fibrosis (IPF), revealing significant improvements in key biomarkers, indicating the efficacy of its treatment approach in fibrosis and lung repair, potentially offering new therapeutic options for patients.
- Biomarker Results: The reported biomarker results demonstrate that NKT cell modulators significantly improve drivers of fibrosis, which not only enhances understanding of disease mechanisms but may also propel the development of subsequent treatment regimens.
- Innovative Treatment Pipeline: GRI Bio's lead program, GRI-0621, acts as an RARβγ agonist aimed at inhibiting iNKT cell activity, addressing the significant unmet need in treating IPF, showcasing strong market potential.
- Diversified Drug Development: The company is developing various novel dNKT agonists for conditions like systemic lupus erythematosus, and with a library of over 500 proprietary compounds, GRI Bio is well-positioned to continuously advance its innovative drug pipeline.
See More
GRI Bio to Participate in Webull Webinar Series
- Webinar Participation: GRI Bio will participate in a Corporate Connect Webinar hosted by Webull Financial on February 11, 2026, at 1:00 PM EST, showcasing its innovative pipeline of immune cell modulators, which aims to enhance the company's visibility and investor confidence in the biotechnology sector.
- Leadership Presentation: CEO Marc Hertz, PhD, will present the latest advancements in GRI Bio's treatments for inflammatory, fibrotic, and autoimmune diseases, which is expected to attract potential investors' attention and bolster market trust.
- Pipeline Highlights: GRI Bio's lead program, GRI-0621, an RARβγ agonist, is being developed for idiopathic pulmonary fibrosis, a serious disease with significant unmet needs, and successful commercialization could substantially increase the company's revenue and market share.
- Future Outlook: The company is also developing a range of novel NKT agonists targeting systemic lupus erythematosus, and as its product pipeline expands, GRI Bio is positioned to capture a larger market share in the biopharmaceutical industry, driving long-term growth.
See More
GRI Biopress Reports $12 Million Net Loss for FY 2025
- Annual Financial Performance: GRI Biopress reported a net loss of $12 million for the fiscal year ending December 31, 2025, indicating significant challenges in profitability that could impact future investor confidence.
- Cash Flow Status: As of December 31, 2025, the company had $8.2 million in cash and cash equivalents, reflecting tight liquidity that may limit its operational and expansion capabilities.
- Financing Activity: In January 2026, GRI Biopress raised $6.5 million in gross proceeds, which, while alleviating short-term funding pressures, necessitates ongoing scrutiny of its long-term financial health.
- Public Offering Plans: GRI Biopress announced an $8 million public offering aimed at raising additional capital to support business development, although market reactions may be influenced by its financial performance.
See More
GRI Bio Reports Promising Phase 2a Results for GRI-0621
- Clinical Trial Results: GRI Bio announced that GRI-0621 significantly modulated genes related to lung injury and fibrosis progression in its Phase 2a study for Idiopathic Pulmonary Fibrosis, suggesting the drug may alter disease trajectory.
- Safety and Tolerability: Prior Phase 2a results indicated favorable safety and tolerability, with treated patients maintaining lung function at twice the rate of standard care, highlighting the potential clinical value of GRI-0621.
- Market Reaction: Despite the encouraging new data, GRI shares fell 20%, leading to speculation about short selling; however, retail sentiment on Stocktwits shifted to 'extremely bullish', reflecting confidence in the drug's prospects.
- Reverse Split: Last week, GRI Bio announced a 1-for-28 reverse stock split to comply with Nasdaq's minimum bid price requirement, reducing outstanding shares from approximately 15 million to 536,000, aimed at boosting the stock price for continued listing.
See More
GRI BIO INC - GRI-0621 Demonstrates Notable Genetic Enhancement in Lung Injury
Significant Gene Improvement: Recent advancements have been made in gene therapy that show promise for treating lung injuries.
Potential Impact on Treatment: These improvements could lead to more effective treatments for patients suffering from lung-related conditions.
See More
GRI BIO INC REPORTS ENCOURAGING PHASE 2A RESULTS FOR GRI-0621 IN IPF
Announcement of Phase 2 Data: Gribio Inc. has announced positive Phase 2 data for its drug candidate, GRI-0621.
Significance of Results: The results indicate promising efficacy and safety profiles, which could advance the drug towards further clinical development.
See More
GRI Bio Reports New Data Advancing NKT Cell Therapy Progress
- Clinical Trial Progress: GRI Bio announced additional positive Phase 2a data in Idiopathic Pulmonary Fibrosis (IPF), revealing significant improvements in key biomarkers, indicating the efficacy of its treatment approach in fibrosis and lung repair, potentially offering new therapeutic options for patients.
- Biomarker Results: The reported biomarker results demonstrate that NKT cell modulators significantly improve drivers of fibrosis, which not only enhances understanding of disease mechanisms but may also propel the development of subsequent treatment regimens.
- Innovative Treatment Pipeline: GRI Bio's lead program, GRI-0621, acts as an RARβγ agonist aimed at inhibiting iNKT cell activity, addressing the significant unmet need in treating IPF, showcasing strong market potential.
- Diversified Drug Development: The company is developing various novel dNKT agonists for conditions like systemic lupus erythematosus, and with a library of over 500 proprietary compounds, GRI Bio is well-positioned to continuously advance its innovative drug pipeline.
See More
GRI Bio to Participate in Webull Webinar Series
- Webinar Participation: GRI Bio will participate in a Corporate Connect Webinar hosted by Webull Financial on February 11, 2026, at 1:00 PM EST, showcasing its innovative pipeline of immune cell modulators, which aims to enhance the company's visibility and investor confidence in the biotechnology sector.
- Leadership Presentation: CEO Marc Hertz, PhD, will present the latest advancements in GRI Bio's treatments for inflammatory, fibrotic, and autoimmune diseases, which is expected to attract potential investors' attention and bolster market trust.
- Pipeline Highlights: GRI Bio's lead program, GRI-0621, an RARβγ agonist, is being developed for idiopathic pulmonary fibrosis, a serious disease with significant unmet needs, and successful commercialization could substantially increase the company's revenue and market share.
- Future Outlook: The company is also developing a range of novel NKT agonists targeting systemic lupus erythematosus, and as its product pipeline expands, GRI Bio is positioned to capture a larger market share in the biopharmaceutical industry, driving long-term growth.
See More
GRI Biopress Reports $12 Million Net Loss for FY 2025
- Annual Financial Performance: GRI Biopress reported a net loss of $12 million for the fiscal year ending December 31, 2025, indicating significant challenges in profitability that could impact future investor confidence.
- Cash Flow Status: As of December 31, 2025, the company had $8.2 million in cash and cash equivalents, reflecting tight liquidity that may limit its operational and expansion capabilities.
- Financing Activity: In January 2026, GRI Biopress raised $6.5 million in gross proceeds, which, while alleviating short-term funding pressures, necessitates ongoing scrutiny of its long-term financial health.
- Public Offering Plans: GRI Biopress announced an $8 million public offering aimed at raising additional capital to support business development, although market reactions may be influenced by its financial performance.
See More
GRI Bio Reports Promising Phase 2a Results for GRI-0621
- Clinical Trial Results: GRI Bio announced that GRI-0621 significantly modulated genes related to lung injury and fibrosis progression in its Phase 2a study for Idiopathic Pulmonary Fibrosis, suggesting the drug may alter disease trajectory.
- Safety and Tolerability: Prior Phase 2a results indicated favorable safety and tolerability, with treated patients maintaining lung function at twice the rate of standard care, highlighting the potential clinical value of GRI-0621.
- Market Reaction: Despite the encouraging new data, GRI shares fell 20%, leading to speculation about short selling; however, retail sentiment on Stocktwits shifted to 'extremely bullish', reflecting confidence in the drug's prospects.
- Reverse Split: Last week, GRI Bio announced a 1-for-28 reverse stock split to comply with Nasdaq's minimum bid price requirement, reducing outstanding shares from approximately 15 million to 536,000, aimed at boosting the stock price for continued listing.
See More
GRI BIO INC - GRI-0621 Demonstrates Notable Genetic Enhancement in Lung Injury
Significant Gene Improvement: Recent advancements have been made in gene therapy that show promise for treating lung injuries.
Potential Impact on Treatment: These improvements could lead to more effective treatments for patients suffering from lung-related conditions.
See More
GRI BIO INC REPORTS ENCOURAGING PHASE 2A RESULTS FOR GRI-0621 IN IPF
Announcement of Phase 2 Data: Gribio Inc. has announced positive Phase 2 data for its drug candidate, GRI-0621.
Significance of Results: The results indicate promising efficacy and safety profiles, which could advance the drug towards further clinical development.
See More
