Key pre-market developments in biotech & aerospace


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FOCUS LIST๐Ÿ”Ž

TRAW โ€“ Surged over 100% in pre-market after reporting advancements in developing Tivoxavir Marboxil for H5N1 Bird Flu.

RAPT โ€“ Climbed over 40% in pre-market after announcing an exclusive licensing deal with Shanghai Jemincare Pharmaceutical for a novel long-acting anti-IgE antibody.

PRZO โ€“ Increased over 20% in pre-market after revealing a significant Australian order for drone safety systems, reinforcing its industry leadership.


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HOTLIST๐Ÿ”ฅ

TRAW โ€“ Up over 100% in pre-market following the announcement of progress with Tivoxavir Marboxil for H5N1 Bird Flu.

Traws Pharma Inc. (TRAW) specializes in developing small molecule oral therapies for respiratory viral diseases and cancer.

In pre-market trading, the company revealed extensive progress in its investigational therapy for treating H5N1 bird flu.

Noteworthy points include:

Investigational treatment for H5N1 Bird Flu.

Phase 1 dosing successfully completed in healthy volunteers.

Significant inhibition of drug-resistant and bird flu strains observed in vitro.

In vivo studies in mice demonstrate significant protection against H5N1 virus replication.

Following these updates, TRAW shares increased by over 100% in pre-market.

The $9.70 mark served as support in pre-market and is a critical watch point.

Targets above this are set at $10.70, $12.20, $13.50, with the pre-market high at $15.89.

Below $9.70, key support levels to monitor are $9, $8, $7.50, $6, and a gap fill at $5.02.


RAPT โ€“ Increased over 40% in pre-market following the announcement of an exclusive licensing agreement with Shanghai Jemincare Pharmaceutical for a new long-acting anti-IgE antibody.

RAPT Therapeutics Inc. (RAPT) focuses on developing oral small molecule therapies for oncology and inflammatory diseases.

This morning, RAPT announced it has entered an exclusive licensing agreement for JYB1904, a clinical-stage, extended half-life anti-IgE monoclonal antibody.

Transaction highlights include:

โ€“ RAPT gains global rights excluding China.

โ€“ Jemincare receives $35 million upfront and additional milestone payments up to $672.5 million, along with royalties on future sales.

โ€“ Jemincare is conducting Phase 2 trials for asthma and chronic urticaria in China.

As a result, shares of RAPT rose over 40% in pre-market.

The $1.40 threshold acted as resistance in the pre-market and is crucial to monitor.

Above this level, watch for targets at $1.60, $1.75, and then the pre-market high at $1.97.

If prices fall below $1.40, key levels are $1.26, $1.16, $1, with a gap fill at $0.8254.


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PRZO โ€“ Rose over 20% in pre-market after announcing its major Australian order for drone safety systems, enhancing its industry position.

ParaZero Technologies Ltd. (PRZO) specializes in designing and selling autonomous parachute safety systems for commercial drones globally.

Today, the company released a press announcement regarding its earlier secured order for SafeAirโ„ข systems from a key distributor focusing on drones and their technology in Australia.

This order showcases ParaZero’s growth in Australiaโ€™s drone sector, driven by regulatory approvals and strategic partnerships. As drone usage expands across industries, ParaZeroโ€™s advanced solutions represent their commitment to establishing safety standards while promoting innovation.

Shares of PRZO increased by over 20% in pre-market following the announcement.

The $1.93 price point served as support in pre-market and is critical to monitor.

Targets above are set at $2.05, $2.20, $2.30, and then the pre-market high at $2.36. Watch for $2.44 and $2.77 beyond that.

If the price drops below $1.93, a gap to fill arises at $1.76, followed by $1.53.


MARKET NEWS๐Ÿ“ฐ


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Source: USD @ Thu, 23 Jan.