Diffusion Pharmaceuticals Inc. logo

Diffusion Pharmaceuticals Inc. (DFFN)

Delisted
NASDAQ (CM) NASDAQ (CM)
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Summary

DFFN is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on NASDAQ (CM) (USD).

Diffusion Pharmaceuticals Inc. Profile

Biotechnology Industry
Healthcare Sector
Robert J. Cobuzzi Jr., CEO
NASDAQ (CM) Exchange
253748305 Cusip
US Country
13 Employees
- Last Dividend
17 Aug 2023 Last Split
- IPO Date

Overview

Diffusion Pharmaceuticals Inc. is a biopharmaceutical company that focuses on developing innovative therapies aimed at enhancing the body’s ability to deliver oxygen to tissues where it is critically needed. Based in Charlottesville, Virginia, and established in 2001, the company is at the forefront of research in oxygen diffusion technologies. Diffusion Pharmaceuticals Inc. dedicates itself to addressing unmet medical needs, particularly in conditions where oxygen supply to tissues is compromised. The company's exploration into novel treatments spans various potential applications, including the treatment of COVID-19, showcasing their commitment to tackling pressing healthcare challenges.

Products and Services

  • Trans Sodium Crocetinate (TSC)

    This lead product candidate is a pioneering therapeutic innovation developed by Diffusion Pharmaceuticals Inc. Its primary function is to enhance oxygen diffusion to tissues that are deprived of adequate oxygen supply. The mechanism of action involves modifying the physical properties of tissue, making it more permeable to oxygen molecules and thereby facilitating improved oxygen delivery. This unique approach to enhancing oxygen delivery to tissues represents a significant advancement in the treatment of conditions characterized by hypoxia, or oxygen deficiency.

    In the context of COVID-19, Trans Sodium Crocetinate has shown potential as a therapeutic agent that can mitigate the effects of the virus by enhancing tissue oxygenation. This is particularly important for patients suffering from severe COVID-related pulmonary complications, where oxygen supply to lung tissues is critically reduced. The application of TSC in treating COVID-19 disease underscores the adaptability of Diffusion Pharmaceuticals’ platform technology to address emerging health crises.

Contact Information

Address: 300 East Main Street
Phone: 434 220 0718