Protagonist Therapeutics (PTGX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Protagonist shares rise as rusfertide nears an FDA decision and Icotyde adds milestone payments, royalties and broader pipeline momentum.
Protagonist Therapeutics (PTGX) has transitioned from binary clinical risk to execution risk, leveraging major pharma partners for commercialization without heavy infrastructure costs. ICOTYDE's FDA approval and rusfertide's Priority Review position PTGX for milestone payments, high-margin royalties, and a capital-light revenue model. PTGX maintains a strong balance sheet with $620M+ cash, a funding runway through 2028, and episodic profitability, reducing financing risk.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 86 | $4,234.32 | $11,715.82 | $7,481.5 | 176.69% |
| ML Marc Larkins Johnson & Johnson | 2.45M | $43.4M | $332.62M | $289.22M | 666.42% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 19 | $1,966.48 | $2,582.67 | $616.19 | 31.33% |
Farallon Capital Farallon Capital Management LLC | 6.35M | $137.43M | $866.7M | $729.27M | 530.66% |
| BG Bart Gancher Intech Investment Management LLC | 13,006 | $592,597.25 | $1.77M | $1.18M | 199.01% |
| Biotechnology Industry | Healthcare Sector | Dinesh V. Patel CEO | NASDAQ (NMS) Exchange | 74366E102 CUSIP |
| US Country | 132 Employees | - Last Dividend | - Last Split | 11 Aug 2016 IPO Date |
Protagonist Therapeutics, Inc. is a biopharmaceutical company focused on the development of peptide-based drugs to address unmet medical needs in the areas of hematology and blood disorders, as well as inflammatory and immunomodulatory diseases. Incorporated in 2006, the company has dedicated its research and development efforts to create innovative treatments, leveraging its expertise in peptide technology. Headquartered in Newark, California, Protagonist Therapeutics stands at the forefront of drug development, working in collaboration with industry leaders such as Takeda and JNJ Innovative Medicines to bring new therapies to market.
List of key developmental drugs and collaborations: