AngioGenex Inc

AngioGenex Inc

AGGX
AngioGenex IncUS flagOther OTC
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Healthcare
Industry
Biotechnology
Address
IPO Date
Jan 29, 2007
Business
AngioGenex Inc (AGGX) is a biopharmaceutical company focused on the discovery and development of Id protein inhibitors to address unmet medical needs in oncology and ophthalmology; its platform leverages proprietary technologies and tools, including collaborations with The Robert Benezra Lab at Sloan Kettering Institute, for identifying specific small molecule binders of Id proteins, which play key roles in tumor angiogenesis, metastasis, and pathological vascularization in ocular diseases. The company's core pipeline includes AGX-A, a novel small molecule Id inhibitor under investigation for cholangiocarcinoma, a form of liver cancer, and age-related macular degeneration; it also pursues Id-based diagnostics, such as sensitive blood assays for cancer detection, prognosis, and patient monitoring in collaboration with partners like BioCheck Inc. Founded in 1999 and headquartered in New York, NY, AngioGenex operates primarily in the United States with a focus on translational research from Memorial Sloan Kettering Cancer Center, targeting solid tumors and vascular eye disorders through small molecules, antisense/siRNA approaches, and proprietary Id gene knockout models. Recent developments include a private placement funding round of $0.3 million closed in December 2021 to support ongoing research; a February 2020 announcement of co-development efforts for anti-cancer drugs with Memorial Sloan Kettering; and historical strategic merger with eClic Inc in 2006 to achieve public company status, alongside exclusive worldwide licenses from MSKCC for Id-targeted therapeutics and diagnostics.