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(Nasdaq: NTRB) Makes Early Green Move, Currently Up Approx. 13% (Critical Breaking News Today)
February 7th
Greetings Readers,
Nutriband Inc. (Nasdaq: NTRB) is firmly holding on to the top spot on my watchlist Friday. Here's why...
First off, NTRB is up approx. 13%.
Part of the reason for this early green burst could be today's major breaking news.
Check it out:
Nutriband Receives Notice Of Allowance For New U.S. Patent Covering Its Transdermal Abuse Deterrent Technology Aversa™
The AVERSA™ transdermal abuse deterrent technology is protected by a broad international intellectual property portfolio with patents already issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia
ORLANDO, Fla., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Nutriband Inc. (NASDAQ:NTRB)(NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that it received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) on February 3, 2025 for patent application 18/369,241, "Abuse and Misuse Deterrent Transdermal Systems" which covers its Aversa™ abuse deterrent technology. The receipt of a Notice of Allowance means that the USPTO is expected to issue a U.S. patent for this application after administrative processes have been completed.
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Read the full article here.
Remember, NTRB is a low float idea.
With roughly 5.05Mn shares in its float, volatility could take hold in a second.
Take a quick second to review my initial report and consider (Nasdaq: NTRB) for your radar.
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Listen. I'm not going to overload you with too many details in this intro, so let me get straight to the important stuff.
#1. My most recent profile rocketed approximately 31% intraday Thursday, running from an open of $.57 to a high of $.75.
#2. This next profile is a breakout idea and 2X past champ.
Most recently, it exploded to a new 52-week high of $11.78 from an after hours close of $5.22 two days earlier.
That move? Approximately 125%.
#3. A $13 analyst target from January is suggesting substantial upside potential from current levels.
Now, imagine a company at the forefront of innovation, pushing boundaries and redefining what's possible in their industry.
With groundbreaking technology that could revolutionize patient care, this Biotech company is poised to make a significant impact on global health.
As they prepare to unveil their flagship product, anticipation builds for a potential game-changer in the medical field.
That's why it may be time to consider this Nasdaq breakout idea for your watchlist:
*Nutriband Inc. (Nasdaq: NTRB)*
Nutriband is primarily engaged in the development of a portfolio of transdermal pharmaceutical products.
Their lead product under development is an abuse-deterrent fent-a-nyl patch incorporating their AVERSA™ abuse-deterrent technology.
AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential.
And based on several potential breakout catalysts, NTRB has risen to the top spot on my watchlist:
#1. A $13 Analyst Target Suggests Substantial Upside Potential!
#2. A Low Float Could Create An Exceptionally Volatile Environment (Daily).
#3. Company's Subsidiary Sees Revenue Pop Off In Q3, Up Approx. 50%!
#4. Strong Patent News Could Put NTRB In A Strengthened Position To Defend And Commercialize AVERSA™.
But more on those in a second...
Full Company Breakdown: Nutriband Inc. (Nasdaq: NTRB)
Nutriband Inc. is a pharmaceutical company with a specific focus on transdermal technologies.
Their model is to apply Transdermal Tech to existing FDA approved drugs with a goal to improve safety, efficacy, patient comfort and more.
The company's first product and lead platform technology is AVERSA, an abuse deterrent tech which is applicable to any patch on the market today.
According to Health Advances' assessment and upon approval by the United States FDA, Aversa Fent-a-nyl is expected to reach peak annual sales of $200Mn.
The company has 2 revenue generating subsidiaries, 4P Therapeutics and Pocono Pharmaceutical along with Active Intelligence which specializes in sports recovery products.
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