Lipella Pharmaceuticals Inc. (LIPO)

NASDAQ: LIPO · IEX Real-Time Price · USD
1.02
+0.01 (0.99%)
At close: Dec 29, 2023, 4:00 PM
0.950
-0.070 (-6.86%)
After-hours: Dec 29, 2023, 7:26 PM EST
0.99%
Market Cap 5.92M
Revenue (ttm) 479,782
Net Income (ttm) -4.29M
Shares Out 5.80M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,213
Open 0.95
Previous Close 1.01
Day's Range 0.95 - 1.04
52-Week Range 0.85 - 6.10
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2023

About LIPO

Lipella Pharmaceuticals Inc., a clinical-stage biotechnology company, focuses on developing drugs by reformulating the active agents in existing generic drugs and optimizing these reformulations for various applications. It is developing LP-10, a formulation of tacrolimus that is in Phase IIa clinical trial for patients with radiation-induced hemorrhagic cystitis; and LP-310, a formulation of tacrolimus for the treatment of oral lichen planus. Lipella Pharmaceuticals Inc. was incorporated in 2005 and is based in Pittsburgh, Pennsylvania. [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Dec 20, 2022
Employees 5
Stock Exchange NASDAQ
Ticker Symbol LIPO
Full Company Profile

Financial Performance

In 2022, LIPO's revenue was $184,156, a decrease of -28.99% compared to the previous year's $259,347. Losses were -$2.60 million, 39.3% more than in 2021.

Financial Statements

News

FDA Grants Orphan Designation for Lipella's LP-310 Drug Candidate for Oral Graft-versus-Host Disease

Lipella Pharmaceuticals' LP-310 clinical stage asset is formulated for delivering active agents to the oral cavity for diseases of the mouth including oral lichen planus and oral graft-versus-host dis...

7 weeks ago - PRNewsWire

Lipella Pharmaceuticals Announces Closing of $2 Million Private Placement Priced At-The-Market Under Nasdaq Rules

PITTSBURGH , Oct. 25, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our," "us" or the "Company"), a clinical-stage biotechnology company addressing serious diseases w...

2 months ago - PRNewsWire

Lipella Pharmaceuticals Announces $2 Million Private Placement Priced At-The-Market Under Nasdaq Rules

PITTSBURGH , Oct. 24, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our," "us" or the "Company"), a clinical-stage biotechnology company addressing serious diseases w...

2 months ago - PRNewsWire

Lipella Pharmaceuticals stock more than doubles in 3 days as FDA approves IND for OLP treatment

Shares of Lipella Pharmaceuticals Inc. LIPO, +51.55% rocketed 52.2% higher in very active tracing Friday, after the Pittsburgh-based biotechnology company's investigational new drug application for it...

2 months ago - Market Watch

Lipella Pharmaceuticals Announces FDA Clearance of IND for LP-310 for Oral Lichen Planus

LP-310 is an oral formulation of Lipella's lead asset LP-10. PITTSBURGH , Oct. 20, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our, "us" or the "Company"), a clinic...

2 months ago - PRNewsWire

Lipella Pharmaceuticals' Phase 2a Clinical Study Results Published in the Journal of Urology and Nephrology

Article highlights results from successful Phase 2a clinical trial for lead candidate, LP-10 Lipella expects to initiate Phase 2b clinical trial in LP-10 in early 2024 PITTSBURGH, Pa. , Sept. 21, 2023...

3 months ago - PRNewsWire

Lipella Pharmaceuticals Reports First Quarter 2023 Financial Results and Corporate Update

Successful top line results from Phase 2a clinical trial for lead candidate LP-10 Oral Health Scientific Advisory Board established to focus on development of LP-310 for oral lichen planus Late-breaki...

8 months ago - PRNewsWire

Lipella Pharmaceuticals Delivers Late-Breaking Presentation at the American Urological Association Annual Meeting

Presentation Focused on Positive Results from Recent Phase 2a Study PITTSBURGH , May 1, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our, "us" or the "Company"), a c...

8 months ago - PRNewsWire

Lipella Pharmaceuticals Enters Manufacturing Collaboration Agreement with Cook MyoSite

PITTSBURGH, April 17, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) ("Lipella" or the "Company"), a clinical-stage biotechnology company addressing serious diseases with significant...

9 months ago - PRNewsWire

Lipella Pharmaceuticals Doses First Patient in Human Study of Innovative Contrast Agent

Lipella awarded $1.35m grant in 2022 for development of intravesical contrast-enhanced magnetic resonance imaging (ICE-MRI) technology. PITTSBURGH , April 5, 2023 /PRNewswire/ -- Lipella Pharmaceutica...

9 months ago - PRNewsWire

Lipella Provides Business Update and Reports 2022 Financial Results

Company Successfully Completes Phase 2a Clinical Trial Fourth Quarter or Full Year Highlights • Appointed Douglas Johnston as CFO in November 2022 • Successfully completed Initial Public Offering, att...

9 months ago - PRNewsWire

Lipella Pharmaceuticals Successfully Completes Phase 2a Clinical Trial; Announces Late-Breaking Presentation at the Annual Meeting of the American Urological Association

PITTSBURGH, March 16, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our, "us" or the "Company") today announced the successful completion of a Phase 2A clinical trial...

10 months ago - PRNewsWire

Lipella Pharmaceuticals Announces Creation of Oral Health Scientific Advisory Board

Five-member Board will initially focus on the development of LP-310 PITTSBURGH , March 1, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) ("Lipella" or the "Company"), a clinical-stag...

10 months ago - PRNewsWire

Lipella Pharmaceuticals Announces Successful Top Line Results of Phase 2A Clinical Trial of LP-10

Results to be Presented at BIOTECH SHOWCASETM 2023 on Wednesday, January 11 th at 2:00pm PST PITTSBURGH , Jan. 11, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: "LIPO") ("Lipella," "our, ...

1 year ago - PRNewsWire

Lipella Pharmaceuticals to Present at January 2023 Biotech Showcase in San Francisco

PITTSBURGH, Jan. 9, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) ("Lipella," "our, "us" or the "Company"), a clinical-stage biotechnology company focused on developing new drugs by...

1 year ago - PRNewsWire