Longeveron Inc
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Health Care : Biotechnology | Small Cap Value
Company profile

Longeveron Inc. is a clinical-stage biotechnology company, which is developing cellular therapies for specific aging-related and life-threatening conditions. The Company's lead investigational product is the LOMECEL-B cell-based therapy product (Lomecel-B), which is derived from culture-expanded medicinal signaling cells (MSCs) that are sourced from bone marrow of young healthy adult donors. The Company is primarily focused on three pipeline indications, such as aging related frailty, Alzheimer's disease (AD), acute respiratory distress syndrome (ARDS), and hypoplastic left heart syndrome (HLHS). Its Lomecel-B has multiple mechanisms of action encompassing pro-vascular, pro-regenerative, anti- inflammatory, and tissue repair and healing effects with potential applications across a spectrum of disease areas. The Company has bone marrow supply contracts in with two suppliers: the Oklahoma Blood Institute and Vista Health Research.

Closing Price
$2.96
Day's Change
-0.05 (-1.66%)
Bid
--
Ask
--
B/A Size
--
Day's High
3.09
Day's Low
2.95
Volume
(Light)
Volume:
7,717

10-day average volume:
34,508
7,717

Company Profile

Longeveron Inc. is a clinical-stage biotechnology company, which is developing cellular therapies for specific aging-related and life-threatening conditions. The Company's lead investigational product is the LOMECEL-B cell-based therapy product (Lomecel-B), which is derived from culture-expanded medicinal signaling cells (MSCs) that are sourced from bone marrow of young healthy adult donors. The Company is primarily focused on three pipeline indications, such as aging related frailty, Alzheimer's disease (AD), acute respiratory distress syndrome (ARDS), and hypoplastic left heart syndrome (HLHS). Its Lomecel-B has multiple mechanisms of action encompassing pro-vascular, pro-regenerative, anti- inflammatory, and tissue repair and healing effects with potential applications across a spectrum of disease areas. The Company has bone marrow supply contracts in with two suppliers: the Oklahoma Blood Institute and Vista Health Research.

Valuation Ratios

Price/Earnings (TTM)
--
Price/Sales (TTM)
56.11x
Price/Book (MRQ)
3.88x
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

No historic growth available.

Short Interest

May 2023
Current Month
403.5K
Previous Month
155.2K
Percent of Float
7.97%
Days to Cover
0.5171 Days

Share Information

LGVN is in a share class of common stock
Float
5.3M
Shares Outstanding
21.1M
Institutions Holding Shares
17
6.74%

Financial Statements

Balance sheet

Values displayed are in thousands.

Income statement

Values displayed are in thousands.

Cash flow

Values displayed are in thousands.

Company Officers

  • Joshua M. HareChmn.
  • Wa'el HashadCEO
  • Donald M. Soffer
  • James ClavijoCFO
  • Paul LehrCounsel

Address

Insider Trading

During the most recent quarter, 40K shares were sold in insider trading.

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