Aethlon Medical, Inc. (OQ:AEMD)
Business Focus: Advanced Medical Equipment & Technology
| Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 11555 Sorrento Valley Road, Suite 203 SAN DIEGO CA 92121 |
| Tel: | N/A |
| Website: | https://www.aethlonmedical.com |
| IR: | See website |
| Key People | ||
| James B. Frakes Interim Chief Executive Officer, Chief Financial Officer, Senior Vice President - Finance, Company Secretary, Director | Guy F. Cipriani Chief Operating Officer, Senior Vice President | Lee D. Arnold Chief Scientific Officer | Steven P. Larosa Chief Medical Officer |
| Business Overview |
| Aethlon Medical, Inc. (Aethlon) is a medical therapeutic company focused on developing the Hemopurifier, a clinical-stage immunotherapeutic device which is designed to combat cancer and life-threatening viral infections suppression, seed the spread of metastasis and inhibit the benefit of cancer therapies. The Hemopurifier is designed to deplete the presence of circulating tumor-derived exosomes that promote immune suppression. Hemopurifier helps to bind and clear multiple different glycosylated viruses, such as human immunodeficiency virus (HIV), hepatitis C virus (HCV), Dengue, West Nile, multiple strains of influenza, Ebola, Chikungunya, smallpox, monkeypox, multiple herpes viruses, a MERS-CoV related pseudovirus, and others. Hemopurifier is used as a device for two independent indications: the treatment of individuals with advanced or metastatic cancer and the treatment of life threating viruses that are not approved therapies. |
| Financial Overview |
| For the nine months ended 31 December 2023, Aethlon Medical, Inc. revenues was not reported. Net loss increased 2% to $9.8M. Higher net loss reflects Payroll and related expenses increase of 33% to $4.2M (expense), Professional Fees increase of 8% to $2.8M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$4.39 to -$3.95. |
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