$XRTX

XORTX Therapeutics Inc.

No enriched coverage for $XRTX in the last 7 days.

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Biotech Stocks In Focus - IMCC +245%, XRTX +12%, SILO, BFRI

IM Cannabis (IMCC) surged 245% with no clear catalyst, trading between $2.97 and $8.65. XORTX (XRTX) rose 12% on plans for a 2026 FDA application. Silo Pharma (SILO) gained 6.73% after a U.S. patent allowance. Biofrontera (BFRI) increased 5.65% despite no new news, following an FDA approval for Ameluz.

XORTX Therapeutics Shares Rise 12% On IND Submission Plan

XORTX Therapeutics (XRTX) shares rose 12% after announcing plans to submit an Investigational New Drug application to the FDA in Q4 2026. The stock traded at $1.8997, up from $1.99, with a 52-week range of $1.59 to $7.05.

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News on $XRTX

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XORTX Announces Director Resignation

XORTX Therapeutics Inc. (NASDAQ: XRTX, TSXV: XRTX) said director Anthony Giovinazzo will resign from its board for personal reasons. The company thanked him for his multi-year role as board chairman and work on key committees. XORTX also reiterated its late-stage gout and kidney disease drug development pipeline.

XORTX Appoints New Director

XORTX Therapeutics Inc. (NASDAQ: XRTX, TSXV: XRTX) said it appointed Depesh Narotam as an independent director effective July 27, 2026. He will sit on the Compensation, Governance and Nominating Committee. The company also outlined its late-stage pipeline for gout and kidney disease, including XRx-026, XRx-008, and XRx-101.

$XRTXMed

Kidney drug developer XORTX prices US$5M Nasdaq share sale

XORTX Therapeutics has priced a public offering of 2,659,574 common shares or pre-funded warrants at US$1.88 per share, aiming to raise US$5 million in gross proceeds. The offering is expected to close around May 15, 2026, subject to regulatory approvals. Following this announcement, XRTX's stock experienced a significant negative market reaction, declining by 23.20%.

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[EFFECT] XORTX Therapeutics Inc. SEC Filing

XORTX Therapeutics Inc. filed an EFFECT Form with the SEC, which became effective on May 13, 2026. This filing, with accession number 0001104659-26-057834, is a POS AM submission indicating a post-effective amendment. The company, trading under NASDAQ: XRTX, has a market cap of $3.76 million and is involved in biotechnology.

$XRTXMed

XRTX: Net loss improved to US$2.66M in 2025 as late-stage clinical programs advanced and cash reserves declined

XORTX Therapeutics (XRTX) significantly reduced its net loss to US$2.66 million in 2025 due to progress in late-stage clinical programs for gout and kidney diseases, with a New Drug Application (NDA) filing targeted within 12 months. Despite this financial improvement, the company's cash reserves dwindled, emphasizing the need for critical ongoing funding to manage regulatory and market risks. This information is derived from an AI-generated summary of their SEC 20-F Annual Report.

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