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OCEA

Ocean Biomedical, Inc.

Investor Moves

NameValueActionChangePriceCurrent Price
Ken GriffinCitadel Advisors
$-28.3K
ExitQ2 2025
$28k
--
--
Ken GriffinCitadel Advisors
$4.5K
AddQ1 2025
$4.5k
--
--
Ken GriffinCitadel Advisors
$-78.5K
TrimQ4 2024
$78k
--
--
Ken GriffinCitadel Advisors
$-26.4K
TrimQ3 2024
$26k
--
--
Trade OCEA

About Ocean Biomedical, Inc.

Ocean Biomedical, Inc. operates as a biopharmaceutical firm committed to identifying and advancing novel therapeutic solutions for various medical challenges, including cancer, fibrotic disorders, infectious illnesses, and inflammation. The company's pipeline includes the development of both mono-specific and bi-specific humanized monoclonal antibodies (mAbs). These candidates are specifically designed to target Chi3l1, offering potential treatments for non-small cell lung cancer and glioblastoma multiforme. Additionally, they are progressing a small molecule drug candidate aimed at Chit1, intended to address Idiopathic Pulmonary Fibrosis and Hermansky-Pudlak Syndrome. Leveraging its proprietary WPDS platform, Ocean Biomedical is also developing three further product candidates. These encompass a promising malaria vaccine, a humanized mAb therapeutic for malaria that targets the Plasmodium falciparum glutamic-acid-rich protein (PfGARP), and a small molecule malaria therapeutic also designed to interact with PfGARP. Furthermore, a treatment candidate for hospitalized COVID-19 patients is also under development. The company, established in 2019, maintains its operations in Providence, Rhode Island.

CEO
Inderjote Kathuria
IPO Date
Nov 8, 2021

Market Data

OpenThe first traded price for the current trading session.
$0.0002
HighThe highest traded price in the current trading session.
$0.0007
LowThe lowest traded price in the current trading session.
$0.0002
VolumeTotal shares traded during the current trading session.
7.8K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
51.6K
52W HighThe highest traded price over the past 52 weeks.
$0.015
52W LowThe lowest traded price over the past 52 weeks.
$0.00

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$119k
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$8.7M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$-4.2M
RevenueTotal sales from the latest annual income statement.
$0
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$-3.3M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$224k
DebtTotal debt from the latest balance sheet.
$16M

Events

EarningsSep 2

EPS est. -1.44

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