Insider Buying: Enochian Biosciences Inc (ENOB) Director Purchases $100,000.00 in Stock

Enochian Biosciences Inc (OTCMKTS:ENOB) Director Henrik Gronfeldt-Sorensen purchased 50,000 shares of the firm’s stock in a transaction on Thursday, January 10th. The shares were acquired at an average price of $2.00 per share, for a total transaction of $100,000.00. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Shares of OTCMKTS ENOB opened at $9.25 on Monday. Enochian Biosciences Inc has a 52-week low of $3.32 and a 52-week high of $9.50.

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Enochian Biosciences Company Profile

Enochian Biosciences Inc, a biopharmaceutical company, identifies, develops, manufactures, and commercializes gene therapies for HIV/AIDS and cancer patients. Its lead candidate include ENO-1001 a genetically modified cell therapy for patients with HIV/AIDS. It is also developing ENO-2001, an HIV vaccine; and additional compounds, such as ENO-4001, ENO-4002, ENO-3001, and ENO-5001 that are in discovery stage for prevention of relapse in colon cancer patients.

Further Reading: What is Compound Interest?

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