Virax Biolabs Group Limited - Ordinary Shares (VRAX)
1.6100-0.0900(-5.29%)
Virax Biolabs Group Limited is a biotechnology company focused on developing and commercializing innovative diagnostic solutions and therapeutics for viral infections, particularly in the fields of healthcare and disease prevention. The company leverages advanced technologies to create accurate diagnostic kits that aim to identify various viral pathogens, thereby aiding in effective disease management and treatment strategies. Virax is committed to enhancing global health outcomes by providing accessible and reliable testing solutions, which play a critical role in the early detection and monitoring of viral diseases.
Virax Biolabs partners with Europa Biosite to distribute ImmuneSelect for research use, focusing on T-cell immunity and post-viral syndromes, including Long COVID.
Investors in healthcare and biotech sectors should keep an eye on several prominent companies making strides in innovation, clinical trials, and global expansion. Modular Medical (NASDAQ: MODD), Cardiol Therapeutics (NASDAQ: CRDL) , DBV Technologies (NASDAQ: DBVT) , and Virax Biolabs (NASDAQ: VRAX) are key players to watch in the ever-evolving medical landscape. Each company has announced significant developments in technology, trials, and product distribution, solidifying their positions in the market.
Virax Biolabs stock is trading higher on Wednesday after the company announced it entered into a distribution agreement with a supplier of RT-PCR Mpox detection kits.
Virax Biolabs has signed a distribution agreement to commercialize RT PCR Mpox virus detection kits in Europe and Gulf countries, amid a WHO-declared international health emergency due to rising mpox cases.
Virax Biolabs shares are trading lower Thursday after the company announced a $5 million registered direct offering of ordinary shares. Here's a look at what's going on:
Virax Biolabs shares are racing higher Monday as shares of mpox-related stocks climb after the World Health Organization (WHO) declared the virus a global health emergency last week. Here's a look at what's going on:
