Cardiol Therapeutics Inc. (T:CRDL)
Business Focus: Biotechnology & Medical Research (NEC)
Mostly sunny as of April 01, 2024
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Latest 10 SEDI filings for CRDL within the last 6 months
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Company News
Apr 02, 2024 06:00 ET
Cardiol Therapeutics Announces Year-End 2023 Update on Operations
Toronto, Ontario--(Newsfile Corp. - April 2, 2024) - Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) ("Cardiol" or the "Company"), a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, today announces its year-end 2023 update on operations following the filing of its audited Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2023. Both are available under the Company's profile on SEDAR+ at sedarplus.ca and on the Company's website at cardiolrx.com.
Feb 21, 2024 07:27 ET
Cardiol Therapeutics Completes Patient Enrollment in its Phase II MAvERIC-Pilot Study Investigating CardiolRx(TM) for Recurrent Pericarditis
Topline Results Expected in Q2 2024
Valuation Ratios
Industry
Sector
Beta
0.71
--
--
Price to Sales - TTM
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2.92
4.02
Price to Book - most recent quarter
5.78
2.81
2.15
Price to Cash Flow per share - TTM
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8.98
10.51
Price to Free Cash Flow per share - TTM
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12.79
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 86,875 | 17,441 |
| Mar 31, 2024 | 69,434 | 39,100 |
| Mar 15, 2024 | 30,334 | 11,557 |
Business Summary
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
Cardiol Therapeutics Inc. is a clinical-stage life sciences company. The Company is focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. Its lead drug candidate, CardiolRx (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure. It is also developing CRD-38, a novel subcutaneously administered drug intended for use in heart failure. It has received Investigational New Drug Application authorization from the United States Food and Drug Administration to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart.
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