Geometry Dash APK Hill Climb Racing APK
75.8 F
New York
Friday, June 24, 2022

Relief Therapeutics Holdings AG (OTCPK:RLFTF)

Must read

Asia Broadband Inc (OTCMKTS:AABB) Is Up 1100% This year: What’s The Buzz?

There are some stocks that have managed to clock massive over the course of the past month or so and one of...

Blockchain Technologies Ltd (OTCMKTS:HVBTF) Makes A Stunning Move on Blockchain Optimism

The cryptocurrency boom has sustained for many months now and it anything; it is expected to continue in the future.

Bombardier, Inc. (OTCMKTS:BDRBF) Continues to Gain Momentum and Strength

Many stocks have managed to record significant gains in recent months and one that often flies under the radar is Bombardier,...

Grayscale Bitcoin Trust (Btc) (GBTC) Makes Big Move As Bitcoin Goes Wild

Bitcoin, the world’s biggest cryptocurrency by market cap, has been in the middle of a remarkable rally for the past few months...

The coronavirus pandemic has shown no signs of abating even after the passing of many months and the demand for viable treatments have gone through the roof. Hence, Relief Therapeutics Holdings AG (OTCPK:RLFTF) stock has come into sharp focus in the past month among bargain hunting investors, and it has rallied strongly in August due to a slew of positive news.

RLFTF has rallied by as much as 1650% in the month of August so far and this past Friday, the Relief stock continued its upward move as it gained another 28%. In light of such developments, it could be worthwhile for investors to take a closer look at the company.

COVID-19 Buzz

Last week, the company announced that it managed to discover a potentially effective COVID 19 killer. The company is currently engaged in an advanced clinical trial of its coronavirus treatment RLF 100. The product is meant for stopping the effects of COVID 19 and on August 11 the company released highly positive the results from patients who had been allowed Compassionate Use of the product.

 It was revealed that patients who had been dependent on a ventilator were actually able to return home in a matter of five days. That is a stunning performance and there is rightly a lot of optimism around the Relief Therapeutics stock.

On the other hand, it should also be noted that RLF 100 is easy to scale up and manufacture without incurring great expense. Hence, if the product does get approval, then Relief is going to be able to mass-produce the medicine and possibly capture a significant portion of the huge market worldwide. If the clinical trial manages to mirror the performance of the Compassionate Use results, then RLF 100 could be awarded approval quickly and that could send the shares even higher. It goes without saying that investors could consider keeping the stock in their watch lists at this point and keep track of the myriad developments.

It is likely that the stock is going to be the focus among many investors this week as well and it remains to be seen if it can continue to add to its gains. The company made a similar announcement earlier in August. Along with its partner NeuroRx, Relief announced that RLF 100 managed to bring market improvement in the condition of patients suffering from extreme respiratory problems brought about by COVID 19. That was the first trigger behind the rally in the stock this month. Sign up below for breakout alerts on RLFTF and other breakout stocks.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service