Exopharm (ASX:EX1) Stock Price Down 3.5%

Exopharm Limited (ASX:EX1)’s share price dropped 3.5% during mid-day trading on Monday . The company traded as low as A$0.42 ($0.29) and last traded at A$0.42 ($0.29), approximately 16,279 shares changed hands during mid-day trading. The stock had previously closed at A$0.43 ($0.30).

The company has a market capitalization of $33.41 million and a PE ratio of -10.38.

About Exopharm (ASX:EX1)

Exopharm Limited, a biopharmaceutical company, focuses on developing and commercializing clinical human therapeutics in Australia. It is developing Plexaris, an exosome derived from human platelets; and Exomeres, an exosome derived from adult stem cells. The company was founded in 2003 and is headquartered in Melbourne, Australia.

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