ASX:AVEPharmaceuticals, Biotechnology & Life SciencesPharmaceuticals

AVECHO BIOTECHNOLOGY ORD

$0.010
+$0.001 (+11.11%)
Day Range
$0.010 - $0.011
52 Week Range
$0.002 - $0.011
Volume
10.74M
Avg Volume (10D)
7.83M
Market Cap
$36.73M
Price Chart
Market Statistics
Open$0.010
Previous Close$0.009
Day High$0.011
Day Low$0.010
52 Week High$0.011
52 Week Low$0.002
Valuation
Market Cap36.73M
Shares Outstanding3.67B
Price to Book38.46
Trading Activity
Volume10.74M
Value Traded105.44K
Bid$0.010 × 2,600,000
Ask$0.011 × 5,402,325
Performance
1 Day0.00%
5 Day25.00%
13 Week42.86%
52 Week233.33%
YTD300.00%
Technical Indicators
RSI (14)60.31
50-Day SMA$0.007
200-Day SMA$0.006
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.

1 min read
Nik Hill
Nik Hill
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 […]

1 min read
Colin Hay
Colin Hay
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 […]

1 min read
Colin Hay
Colin Hay
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 […]

2 min read
Imelda Cotton
Imelda Cotton