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LABT Overview

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Intellectia

Loading chart...

High
9.400
Open
8.850
VWAP
7.96
Vol
4.72M
Mkt Cap
121.26M
Low
7.150
Amount
37.56M
EV/EBITDA(TTM)
--
Total Shares
14.02M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--

Events Timeline

(ET)
2026-04-23
10:50:00
Lakewood-Amedex Shares Begin Trading on Nasdaq Today
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News

PRnewswire
8.5
04-23PRnewswire
PinnedLakewood-Amedex Biotherapeutics Begins Trading on Nasdaq Under LABT
  • Listing Achievement: Lakewood-Amedex Biotherapeutics commenced trading on the Nasdaq Capital Market today under the ticker symbol 'LABT', marking a significant milestone that enables accelerated development of its Bisphosphocin® antimicrobial drugs, particularly the lead product Nu-3.
  • Clinical Trial Plans: The company plans to initiate a Phase 2a clinical trial for infected diabetic foot ulcers (iDFU) shortly, addressing a significant market need as nearly 40 million people in the U.S. have diabetes, with about one-third developing DFUs and 50% of those becoming infected.
  • Antibiotic Resistance Challenge: The development of Nu-3 is critical in light of rising antibiotic-resistant bacterial strains, as it aims to rapidly eliminate a broad spectrum of bacteria, including resistant pathogens, thereby meeting the urgent demand for new therapies in the market.
  • Initial Clinical Data: Preliminary exploratory clinical trials indicated no safety signals with subclinical doses of Nu-3 and showed a trend towards positive antimicrobial response and improved wound healing, laying the groundwork for subsequent Phase 2a safety and dose-response studies.
stocktwits
8.5
12:10 PMstocktwits
Lakewood-Amedex Biotherapeutics Listing Accelerates Development of Nu-3
  • Listing Accelerates R&D: Lakewood-Amedex Biotherapeutics Chairman Doug Manion stated that the listing will expedite the development of the bisphosphocin class of compounds, particularly the lead product Nu-3 aimed at treating infected diabetic foot ulcers.
  • Clinical Trial Plans: CEO Kelvin Cooper announced plans to initiate a Phase 2a clinical trial for Nu-3, addressing the significant market need as one-third of the 40 million diabetes patients in the U.S. develop diabetic foot ulcers during their lifetime.
  • Stock Surge: Shares of Lakewood-Amedex soared over 8% on their first day of trading on Nasdaq, followed by a remarkable 70% increase in pre-market trading on Friday, bringing the market capitalization to $122 million, indicating strong investor confidence in the company's future.
  • Positive Early Trial Results: The company reported that early exploratory trials of Nu-3 at subclinical doses showed no safety concerns and indicated a trend toward antimicrobial activity and improved wound healing, with plans for a subsequent Phase 2b trial to assess different dosing effects.
NASDAQ.COM
8.5
12:03 PMNASDAQ.COM
Lakewood-Amedex Biotherapeutics Goes Public on Nasdaq
  • Trading Overview: Lakewood-Amedex Biotherapeutics Inc. (LABT) began trading on the Nasdaq Capital Market via a direct listing, opening at $8.00 and closing at $8.65, reflecting an 8.12% increase, indicating strong initial market interest.
  • Clinical Trial Plans: The company plans to initiate a Phase 2a clinical trial for its lead candidate Nu-3 targeting infected diabetic foot ulcers, addressing the significant challenge posed by antibiotic-resistant pathogens for nearly 40 million diabetic patients in the U.S.
  • Market Potential: Approximately one-third of diabetes patients will develop diabetic foot ulcers in their lifetime, with around 50% facing infections, highlighting the critical need for effective treatments amidst rising antibiotic resistance, positioning LABT's research as highly relevant.
  • Investor Awareness: Management noted that visibility on Nasdaq will accelerate clinical development and broaden investor awareness of its pipeline, which is expected to further drive the company's growth in the biotechnology sector.
Newsfilter
8.5
04-23Newsfilter
Lakewood-Amedex Biotherapeutics Begins Trading on Nasdaq
  • Listing Achievement: Lakewood-Amedex Biotherapeutics Inc. commenced trading on the Nasdaq Capital Market today under the ticker symbol "LABT", marking a significant milestone that opens new avenues for the development of its Bisphosphocin® class of antimicrobials.
  • Clinical Trial Plans: The company plans to initiate a Phase 2a clinical trial for infected diabetic foot ulcers (iDFU) shortly, addressing the needs of nearly 40 million diabetics in the U.S., with one-third likely to develop DFUs and about 50% experiencing infections.
  • Antibiotic Resistance Challenge: The development of Lakewood-Amedex's Bisphosphocin® class is crucial in the face of rising antibiotic-resistant strains, aiming to meet the significant unmet medical needs particularly among diabetic patients.
  • Nu-3 Product Outlook: Nu-3, the company's lead product for mildly infected diabetic foot ulcers, has shown promising antimicrobial responses and improved wound healing in initial trials, with plans for larger Phase 2b comparative studies to validate its efficacy.
Wall Street analysts forecast LABT stock price to rise
0 Analyst Rating
Wall Street analysts forecast LABT stock price to rise
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0 Sell
Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Lakewood-Amedex Biotherapeutics Inc. (LABT.O) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Lakewood-Amedex Biotherapeutics Inc.'s fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
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Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
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Frequently Asked Questions

What is Lakewood-Amedex Biotherapeutics Inc. (LABT) stock price today?

The current price of LABT is 7.34 USD — it has decreased -15.14

What is Lakewood-Amedex Biotherapeutics Inc. (LABT)'s business?

What is the price predicton of LABT Stock?

Wall Street analysts forecast LABT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LABT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Lakewood-Amedex Biotherapeutics Inc. (LABT)'s revenue for the last quarter?

Lakewood-Amedex Biotherapeutics Inc. revenue for the last quarter amounts to NaN USD, decreased

What is Lakewood-Amedex Biotherapeutics Inc. (LABT)'s earnings per share (EPS) for the last quarter?

Lakewood-Amedex Biotherapeutics Inc.. EPS for the last quarter amounts to USD, decreased

How many employees does Lakewood-Amedex Biotherapeutics Inc. (LABT). have?

Lakewood-Amedex Biotherapeutics Inc. (LABT) has 0 emplpoyees as of April 24 2026.

What is Lakewood-Amedex Biotherapeutics Inc. (LABT) market cap?

Today LABT has the market capitalization of 121.26M USD.