Rein Therapeutics Stock (NASDAQ:RNTX)
Previous Close
$0.92
52W Range
$0.89 - $2.18
50D Avg
$1.27
200D Avg
$1.29
Market Cap
$25.88M
Avg Vol (3M)
$630.90K
Beta
1.35
Div Yield
-
RNTX Company Profile
Rein Therapeutics Inc. operates as a clinical-stage biopharmaceutical enterprise focused on discovering and bringing to market novel therapeutic solutions for various conditions, notably cancer. The company's leading drug candidate, ALRN-6924, is a distinctive cell-penetrating peptide. This compound works by disrupting the harmful interaction between the p53 suppressor proteins, MDM2 and MDMX, and the vital p53 tumor suppressor. Its goal is to reactivate the natural tumor-suppressing pathways in cancers where the p53 gene is still functional, or "wild-type." The organization was founded on August 6, 2001, by Gregory L. Verdine, Rosana Kapeller, Huw M. Nash, Joseph A. Yanchik III, and Loren David Walensky, and its main corporate offices are situated in Austin, Texas.