Virios Therapeutics Inc
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Health Care : Biotechnology |
Company profile

Virios Therapeutics, Inc., formerly Virios Therapeutics, LLC., is a development-stage biotechnology company focused on advancing antiviral therapies to treat diseases associated with a viral triggered abnormal immune response, such as fibromyalgia (FM). Its lead development candidate is IMC-1, which is a fixed dose combination of famciclovir and celecoxib. IMC-1 represents a combination antiviral therapy designed to synergistically suppress Herpes Simplex Virus-1 (HSV-1) activation and replication. Its HSV-1 root cause of chronic illnesses such as FM, irritable bowel disease (IBS), chronic fatigue syndrome and functional somatic syndrome. The Company is developing its initial candidate, IMC-1, for people who are suffering from fibromyalgia.

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Crypto-related companies and funds jump after Biden signs executive order on cryptocurrencies

12:16 pm ET March 9, 2022 (MarketWatch)

By Frances Yue

Bitcoin BTCUSD logged a 9.9% gain over the past 24 hours

Shares of crypto-related companies and exchange traded products surged on Wednesday, after president Joe Biden signed an executive order requiring federal agencies to engage in a broad review of their policies related to cryptocurrencies and other digital assets, sparking hope of regulatory clarity.

Shares of Coinbase Global Inc. (COIN) gained 9.4%, trading at around $177.26 Wednesday noon. Michael Saylor's MicroStrategy Inc. (MSTR) jumped 8.4% to around $444.72.

Mining company Riot Blockchain Inc. (RIOT) shares went up 11.2% to around $16.78 and shares of Marathon Digital Holdings Inc. (MARA) rose 13.5% to $25.40. Another miner, Ebang International Holdings Inc. (EBON), traded up 11.7% at $1.20.

In the fund space, ProShares Bitcoin Strategy ETF (BITO) gained 10% to $26.56 Wednesday, while Valkyrie Bitcoin Strategy ETF (BTF) was up 10.3% at $16.50. VanEck Bitcoin Strategy ETF (XBTF) climbed to $41.7, up 10.4%.

Grayscale Bitcoin Trust (GBTC) was trading at $28.63 Wednesday, up 12.2%.

Bitcoin logged a 9.9% gain over the past 24 hours, trading at around $42,228, according to CoinDesk data. Ether jumped 8% over the past 24 hours to around $2,747.

Other risk-assets also climbed on hopes that diplomatic progress can be achieved between Russia and Ukraine to halt the devastating conflict unleashed by Moscow, with the Dow Jones Industrial Average surging about 730 points, or 2.2%, at midday Wednesday.

-Frances Yue


(END) Dow Jones Newswires

March 09, 2022 12:16 ET (17:16 GMT)

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