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$ABVC one of the last penny bios that didn't have a move yet with only 7m market cap and 10m float for a 50c name with upcoming catalyst and recent news and bottom chart. SL under .48 and here are some daily levels; .67 - .75 - .82 - .95 (ma200) - 1 - 1.25 Phase IIb Clinical Plan Initiated April 2023, expected to be completed during Q4 2024 From Oct. 22 PR - ABVC has received 23M AiBtl shares as part of the first milestone of the licensing fees and will obtain royalties up to $100M after the product launches.
- no approved reverse split
- the company is on 1st 180 day extension has until January 6, 2025, to regain compliance
- lowest warrants at $1
from ER on 14/08 - ''Vitargus has started the construction of a GMP factory in Hsinchu Biomedical Science Park, Taiwan, with the aim at building a production base to supply the global market, and promote the construction of bio-degradable vitreous substitute manufacturing centers in Taiwan. Completion of this factory would allow ABVC to manufacture Vitargus with world-class technology in a GMP certified pharmaceutical factory. BioFirst is targeting to complete the construction in 2024.''
and more from PR on 22/10 - ''...The payment, tied to ABVC's psychiatric disorder pipeline, which includes treatments for Major Depressive Disorder (MDD) and Attention Deficit Hyperactivity Disorder (ADHD), is part of a broader agreement with AiBtl BioPharma. The MDD and ADHD pipeline, valued at $667M by third-party evaluators, continues to gain momentum as both companies advance their collaborative efforts towards discussion with big pharma for out-licensing and initiating the plan for the GAP-certified temperature-controlled farm. ''
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