DXR News

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced the first use of its BVA-100 test to guide volume treatment in a patient infected with the COVID-19 virus. The company also announced the release of a clinical protocol for fluid guidance when utilizing the BVA-100 diagnostic test for COVID-19 patients developed by leading medical experts. “Optimal volume management and knowledge of capillary status is key to survivability, preventing collapse of the circulatory system and allowing time to defeat infection,” said Michael Feldschuh, CEO of Daxor Corporation.

NEW YORK, May 26, 2020 -- Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume.

AUSTIN, TX / ACCESSWIRE / October 15, 2019 / The MicroCap Rodeo's inaugural event is set for October 15, and 16 th , 2019 in Austin Texas at the Hilton downtown Austin. Focused on the best ideas concept, ...

Company lineup is filling up fast with 50 good names in the microcap markets, as well as some great private and Pre-IPO companies AUSTIN, TX / ACCESSWIRE / September 19, 2019 / The MicroCap Rodeo's inaugural ...

NEW YORK, Nov. 12, 2019 -- Daxor Corporation (NYSE MKT: DXR) an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume.

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced that the United States Department of Defense (DOD) has awarded the Company a $1.1 million contract for the development and deployment of a small, portable, highly accurate, battery-powered Blood Volume Analyzer. "The value of Blood Volume Measurement for improving outcomes is further validated by this important contract from the U.S. Military for our technology,” commented Daxor Corporation’s Chief Executive Officer Michael Feldschuh.

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, announced that Michael Feldschuh, Chief Executive Officer of Daxor, will be a featured presenter at the inaugural MicroCap Rodeo Investor Conference in Austin, Texas at the Hilton Austin on Tuesday, October 15th at 1:30 PM (CT). Mr. Feldschuh will provide an overview of the Company’s business model and growth strategy and will be available for one-on-one meetings.

NEW YORK, May 22, 2020 -- Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume.

Daxor Corporation (NYSE American: DXR) (“Daxor” or the “Company”), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced that it has closed its previously announced registered direct offering priced at-the-market of 140,352 shares of its common stock at a price of $14.25 per share, for aggregate gross proceeds of approximately $2.0 million. The Company intends to use the net proceeds for working capital and other general corporate purposes. Maxim Group LLC served as a financial advisor to Daxor in regards to the transaction.

Daxor Corporation (NYSE MKT: DXR) an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement today announces new data from The Yale University School of Medicine that was presented on November 16th at the American Heart Association Scientific Sessions in Philadelphia, PA. Researchers at Yale utilized Daxor’s unique technology to analyze the volume shifts associated with the drug and were able to determine that there is a significant and sustained blood volume shift that is unique to this diuretic that may explain why diabetic HF patients have been shown in recent trials to benefit from its use.

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced that the U.S. Air Force (USAF) has awarded Daxor a contract to define specifications to adapt blood volume analysis technology to meet the needs of USAF. The selection was made under the USAF’s Small Business Innovative Research (SBIR) program.

NEW YORK, Sept. 24, 2019 -- Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood.

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

With the number of global coronavirus infections now exceeding 93,000, Wall Street observers aren’t sure that monetary policy will be enough to limit an economic slowdown. Yesterday, the Federal Reserve cut US rates by 50 basis points, a level not seen since the 2008 economic crisis.Despite briefly rallying on the announcement, things took a turn, leaving bank stocks hit especially hard. The situation wasn’t helped by the fact that for the first time in history, the benchmark 10-year Treasury yield fell below 1%, although the yield was back above 1% by the end of the session.“The fact is, we’re coming into this crisis with far less ammunition globally. It’s not just Europe or Japan, even in China they have much less ammunition than the last time they had to launch a stimulus package,” J.P. Morgan Private Bank’s head of investment strategy Alex Wolf stated.As so much about COVID-19 remains unknown, it has become a race against the clock to find solutions. The CDC’s test for coronavirus was given emergency use authorization from the FDA, but there currently aren’t any vaccines or therapies available. Against this backdrop, 3 healthcare companies have sprung into action, hoping to develop an effective vaccine for the virus that has put the world on edge.Using TipRanks’ Stock Comparison tool, we were able to evaluate these 3 Buy-rated stocks alongside each other to get a sense of what the analyst community has to say. Here’s what we found out.Daxor Corporation (DXR)Daxor is a cutting-edge biotech company that specializes in blood volume measurement. Using its technology, it developed the first diagnostic blood test approved by the FDA for blood volume status and composition, called BVA-100 (Blood Volume Analyzer). Given that its BVA system could potentially be used to treat the coronavirus, it’s no wonder DXR shares are up 27% year-to-date while the broader market has fallen.These gains haven’t gone unnoticed by the pros on Wall Street. Maxim analyst Anthony Vendetti notes that DXR’s BVA technology was designed to help care for severely-ill patients experiencing blood volume imbalances caused by viral agents like the coronavirus. He points out that the company is reaching out to hospitals already using BVA devices to try and limit the number of deaths as the virus spreads in the U.S. On top of this, the biotech has a contract with the Department of Defense and finished its first Small Business Innovative Research (SBIR) program with the agency."We believe the company's BVA system can significantly improve the treatment of severely-ill patients with blood volume imbalances, such as those caused by viral agents (e.g., the coronavirus)," Vendetti noted.While Vendetti does acknowledge that its fourth quarter earnings results were somewhat disappointing, he thinks the print wasn’t all bad. DXR grew its test kit sales by 7% year-over-year, but it was hampered by supply-chain issues. The analyst argues that “if not for these supply-chain issues, DXR would have grown consumable kit sales at a much higher rate.”“Daxor signed up five new hospital centers in 2019, and received licensing for a central lab for BVA testing to facilitate work at hospitals that currently do not have its testing equipment on-site, opening up an additional source of revenue. Management anticipates several new product enhancements to the existing technology to be implemented in 2020, which we believe should improve product usability and increase BVA traction,” Vendetti added.In line with his optimistic take, the four-star analyst stayed with the bulls. Along with his Buy rating, Vendetti kept the $22 price target as is, suggesting 84% upside potential. (To watch Vendetti’s track record, click here)Judging from the consensus breakdown, it has been relatively quiet when it comes to other analyst activity. Over the last three months, only 2 analysts have reviewed Daxor. Both of which, however, were bullish, making the consensus a Moderate Buy. On top of this, the $21 average price target puts the upside potential at 75%. (See Daxor price targets and analyst ratings on TipRanks)Heat Biologics (HTBX)Thanks to its proprietary T-cell Activation Platform (TCAP), Heat Biologics has been able to develop therapies designed to stimulate a patient’s immune system to fight off cancer cells. Its two platforms, ImPACT and ComPACT, were created based on the heat shock protein, gp96, giving the company its name. Like Daxor, HTBX stock skyrocketed on Monday due to the technology’s potential use in the battle against coronavirus.According to Heat’s latest 8-K filing, it has submitted a provisional patent application for its immune system activating technology for the treatment or prevention of SARS-CoV-2 virus infection, which can cause the coronavirus. While no other details have been provided, Jason McCarthy of Maxim sees this development as a potential catalyst.“We do note that the gp96 immune therapy/ vaccine platform technology has been used in the past for developing viral targeting therapies including HIV, SIV and Zika (all preclinical). The key takeaway is that while gp96, which is the foundation of oncology programs IMPACT and COMPACT for Heat Biologics, may be applicable to viral diseases as well,” McCarthy commented.Part of what makes its technology ideal in targeting the coronavirus is the immunogenic properties of heat shock proteins. Specifically looking at gp96, the protein is unique in that it can target both the innate and adaptive immune system arms. This allows it to effectively target tumors, and in coronavirus’ case, pathogens.Based on all that Heat Biologics has going for it, McCarthy tells investors that his bullish thesis remains very much intact. It makes sense, then, that the analyst reiterated a Buy recommendation as well as his $1 price target. This conveys his confidence in HTBX’s ability to rise 67% over the next twelve months. (To watch McCarthy’s track record, click here)As McCarthy is the only analyst to offer up a take on this healthcare name, the consensus rating is a Moderate Buy. However, given its potential with respect to coronavirus, this could change very soon. (See HTBX stock analysis on TipRanks)Applied DNA Sciences (APDN)Last but certainly not least is Applied DNA Sciences, a company that uses biotech to provide security solutions. Having said that, it has found itself under the Street’s microscope after surging over 40% year-to-date on its DNA manufacturing technology’s possible use in a coronavirus vaccine candidate.On March 2, APDN broke the news of its collaboration with Takis Biotech, which has designed four experimental vaccines to target the coronavirus. Vendetti, who also covers this stock, tells clients that these candidates were created around the virus’ spike protein, a surface protein that plays a significant role in viral entry into host cells, and will be produced using linear PCR.Vendetti argues that several features of the approach, which involves targeting telomerase, could give APDN a leg up in the race to develop a vaccine.“This vaccine candidate has been shown in animal models of colorectal cancer to not only eliminate cancer cells, but prevent disease via prophylaxis, or 'vaccinating' against the cancer. As such, this is suggestive of immune memory using the APDN/Takis vaccine approach which could be beneficial if applied to COVID-19,” Vendetti said.Additionally, the analyst tells investors not to underestimate the importance of the linear DNA approach when it comes to developing an effective coronavirus vaccine. APDN’s linear PCR can target available virus sequences to quickly produce a vaccine. This is important as the coronavirus will most likely develop mutations as it replicates.Should this be the case, the vaccine could require a reformulation every year, and according to Vendetti, APDN is up for the challenge. “Given the speed at which the APDN platform generates linear DNA-based vaccines, APDN could alter the vaccine based on new strains very quickly, perhaps faster than anyone in the vaccine space, in our view,” he explained.To this end, Vendetti left both his Buy rating and $8 price target unchanged. At this target, the upside potential lands at 67%.Looking at the consensus breakdown, APDN follows the pattern established by the two other names on our list to a T. With only Vendetti’s call, the word on the Street is that APDN is a Moderate Buy. (See APDN price targets and analyst ratings on TipRanks)

Daxor Corporation (NYSE American: DXR) (“Daxor” or the “Company”), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced that it has entered into definitive agreements with several institutional investors for the purchase of 140,352 shares of its common stock at a price of $14.25 per share, for aggregate gross proceeds of approximately $2.0 million, in a registered direct offering priced at-the-market. The Company intends to use the net proceeds for working capital and other general corporate purposes. H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.

In 2016 Michael Feldschuh was appointed CEO of Daxor Corporation (NYSEMKT:DXR). First, this article will compare CEO...

NEW YORK, Feb. 20, 2020 -- Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume.

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announces active engagement with both hospitals and government agencies in the military and civilian sectors regarding the use of its technology to help guide fluid management of critically ill patients with COVID-19. The BVA-100 is the only diagnostic blood test cleared by the FDA to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms, and has been shown in a prospective randomized control trial to reduce mortality by as much as 66% in patient populations suffering predominantly from respiratory distress and septic shock.

Daxor Corporation (NYSE MKT: DXR) an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement today announces it will be attending the Society for Critical Care Medicine (SCCM) 49th Congress at the Orlando Convention Center in Orlando, FL, from February 16-18th, 2019. Research from the University of Hawaii - John A. Burns School of Medicine relating to the use of Daxor’s BVA-100 (Blood Volume Analyzer) diagnostic test in critical care use is scheduled to be presented.

Daxor Corporation (NYSE MKT: DXR) an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement today filed a Form N-CSR disclosing its schedule of portfolio holdings as of December 31, 2019. For the third straight year on a double-digit pace, Daxor reported that kit sales rose over 7% year-on-year in the cardiology segment (22.7% excluding a supplier disruption in q4 of 2019), driven by increasing awareness of the value of blood volume analysis to improve heart failure outcomes through reduced mortality and readmissions, as well as five new hospital systems under contract. In addition, Daxor successfully completed its first SBIR with the DOD for the procurement of blood volume analyzers and looks forward to subsequent government contracts.