June 17, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Calidi Biotherapeutics Collaborates with SIGA Technologies to Advance Calidi’s Revolutionary RTNova Virotherapy for Lung Cancer and Metastatic Solid Tumors
 
Calidi Biotherapeutics (NYSE American: CLDI) and SIGA Technologies (Nasdaq: SIGA) have joined forces to advance Calidi’s RTNova virotherapy, targeting lung cancer and metastatic solid tumors. RTNova employs a vaccinia virus enveloped by a human cell membrane to evade the immune system and enhance its therapeutic effect. SIGA will supply TPOXX® (Tecovirimat), an antiviral agent, to aid in the development and safety management of RTNova. This partnership aims to transform cancer treatment by leveraging Calidi's innovative systemic virotherapy platform, potentially benefiting a broad patient population.
 
 
 
 
 
 
 
 
Can-Fite Received IRB Approval for the Treatment of Pancreatic Cancer with Namodenoson in a Phase IIa Study
 
Can-Fite BioPharma (NYSE American: CANF) has received Institutional Review Board (IRB) approval from Rabin Medical Center for a Phase IIa study of Namodenoson in treating advanced pancreatic cancer. The study aims to assess the safety and efficacy of Namodenoson in patients whose cancer has progressed despite first-line treatment. Positive preclinical and Phase II liver cancer data prompted this trial. The open-label study will involve 20 patients, evaluating safety and clinical activity, including overall survival. The study is led by Dr. Salomon Stemmer at Rabin Medical Center, with findings published in peer-reviewed journals highlighting Namodenoson’s molecular mechanisms and efficacy.
 
 
 
 
 
 
 
Spectaire’s Advanced AireCore Technology to be Integrated into American Ag Energy’s Biomass-to-Fuel Reactors
 
Spectaire Holdings Inc. (Nasdaq: SPEC) has integrated its advanced AireCore mass spectrometers into American Ag Energy's biomass-to-fuel reactors, enhancing their efficiency and market reach. The initial order and delivery of AireCore units were completed in May 2024. This collaboration allows American Ag Energy to precisely tune their reactors, boosting fuel production and operational efficiency in the $91 billion biomass energy market.
 
 
 
 
 
 
 
 
 
 
60 Degrees Pharmaceuticals Receives FDA Orphan Drug Designation for Tafenoquine for Treatment of Patients with Acute Babesiosis
 
60 Degrees Pharmaceuticals (Nasdaq: SXTP) has secured FDA orphan drug designation for tafenoquine to treat acute babesiosis, a tick-borne illness. ODD qualifies tafenoquine for incentives like market exclusivity, tax credits, and fee exemptions. The company will conduct the first clinical trial on tafenoquine for babesiosis with Tufts Medical Center, starting in June 2024, involving 24 patients. Babesiosis, transmitted by ticks, poses severe risks, especially to immunosuppressed individuals. CEO Geoff Dow highlights tafenoquine's potential, supported by promising animal studies, as a crucial treatment for this emerging infectious disease.
 
 
 
 
 
 
 
Sharps Technology Receives $30 Million Purchase Order for Prefillable Copolymer Syringes to be Manufactured at SC Facility
 
Sharps Technology (Nasdaq: STSS) received a $30 million purchase order from Nephron Pharmaceuticals for 10mL and 50mL specialty copolymer prefillable syringes. This order marks the first order of their five-year, $200 million syringe sales agreement. The syringes are expected to begin shipping to customers from Sharps’ new facility in West Columbia, SC, starting in Q2 2025. Sharps' advanced polymer syringes offer improved safety, durability, and compatibility with modern drug therapies over traditional glass syringes. The acquisition of the SC facility, projected to close by the end of July, is expected to drive over $35 million in revenue in the first year, with potential growth to $100 million annually by 2028.
 
 
 
 
 
 
 
Small Stocks, Big Money™ Podcast
 
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Upcoming Events
 
 
18
 
 
June 2024
 
NASDAQ: STSS- Sharps Technology
4:15pm Eastern
 
Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry.
 
 
 
 
 
 
 
20
 
 
June 2024
 
NASDAQ: LYT - Lytus Technologies
4:15pm Eastern
 
Lytus is a rapidly growing Platform IT services company. It currently has over 4 million active viewers and users in India. It is a rapidly growing online content and streaming service providers in India.
 
 
 
 
 
 
 
Archived Events
 
 
13
 
 
June 2024
 
NYSE American: CLDI - Calidi Biotherapeutics
4:15pm Eastern
 
Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology designed to arm the immune system to fight cancer.
 
 
 
 
 
 
 
12
 
 
June 2024
 
NASDAQ: BFRG - BullFrog AI
4:15pm Eastern
 
BullFrog AI is a technology enabled drug development company using machine learning to usher in a new era of precision medicine.
 
 
 
 
 
 
 
11
 
 
June 2024
 
OTC: CBDW - 1606 Corp
4:15pm Eastern
 
1606 Corp. (OTC: CBDW) stands at the forefront of technological innovation in the online CBD industry. With a clear mission to revolutionize customer service in the digital marketplace, 1606 Corp. leverages state-of-the-art artificial intelligence (AI) solutions to address the significant challenges faced by consumers in the online CBD sector.
 
 
 
 
 
 
Quote of the Week
 
"If a window of opportunity appears, don't pull down the shade."
— Tom Peters
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights Nexalin Technology (NASDAQ: NXL) & VolitionRX (NYSE American: VNRX)
 
 
 
 
 
 
 
Hope for Parkinson's and Alzheimer's Patients: An In-Depth Interview with Cuong Do, CEO of BioVie.
 
 
 
 
 
 
 
Order "Small Stocks, Big Money™ Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
You need to take risks to gain rewards.
 
 
 
 
 
 
 
MidSouth Week in Review
 
Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates.