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Healthcare - Biotechnology - NASDAQ - US
$ 5.29
-5.54 %
$ 307 M
Market Cap
-3.98
P/E
1. INTRINSIC VALUE

Rezolute, Inc., a clinical stage biopharmaceutical company, develops transformative therapies for metabolic diseases associated with chronic glucose imbalance in the United States. The company's lead product candidate is RZ358, a human monoclonal antibody that is in Phase 2b clinical trial for the treatment of congenital hyperinsulinism, an ultra-rare pediatric genetic disorder. It is also developing RZ402, a selective and potent plasma kallikrein inhibitor, which is in Phase 1 clinical trial for the chronic treatment of diabetic macular edema. The company was formerly known as AntriaBio, Inc. and changed its name to Rezolute, Inc. in December 2017. Rezolute, Inc. was founded in 2010 and is headquartered in Redwood City, California.[ Read More ]

The intrinsic value of one RZLT stock under the base case scenario is HIDDEN Compared to the current market price of 5.29 USD, Rezolute, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RZLT

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FINANCIALS
0 REVENUE
0.00%
-70.4 M OPERATING INCOME
-25.78%
-68.5 M NET INCOME
-32.19%
-57.4 M OPERATING CASH FLOW
-28.97%
48.7 M INVESTING CASH FLOW
148.00%
63 M FINANCING CASH FLOW
444.72%
0 REVENUE
0.00%
1.56 M OPERATING INCOME
106.77%
-15.4 M NET INCOME
33.07%
-16 M OPERATING CASH FLOW
13.54%
-49.4 M INVESTING CASH FLOW
-251.28%
5.5 M FINANCING CASH FLOW
-91.31%
Balance Sheet Decomposition Rezolute, Inc.
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Current Assets 129 M
Cash & Short-Term Investments 127 M
Receivables 0
Other Current Assets 1.78 M
Non-Current Assets 4.08 M
Long-Term Investments 263 K
PP&E 1.98 M
Other Non-Current Assets 1.84 M
Current Liabilities 9.61 M
Accounts Payable 4.9 M
Short-Term Debt 568 K
Other Current Liabilities 4.14 M
Non-Current Liabilities 2.13 M
Long-Term Debt 1.66 M
Other Non-Current Liabilities 468 K
EFFICIENCY
Earnings Waterfall Rezolute, Inc.
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Revenue 0
Cost Of Revenue 36 K
Gross Profit -36 K
Operating Expenses 70.4 M
Operating Income -70.4 M
Other Expenses -1.96 M
Net Income -68.5 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-56.58% ROE
-56.58%
-51.57% ROA
-51.57%
-58.20% ROIC
-58.20%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Rezolute, Inc.
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Net Income -68.5 M
Depreciation & Amortization 36 K
Capital Expenditures 0
Stock-Based Compensation 7.36 M
Change in Working Capital 3.1 M
Others 2.61 M
Free Cash Flow -57.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Rezolute, Inc.
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Wall Street analysts predict an average 1-year price target for RZLT of $13.5 , with forecasts ranging from a low of $11 to a high of $15 .
RZLT Lowest Price Target Wall Street Target
11 USD 107.94%
RZLT Average Price Target Wall Street Target
13.5 USD 155.20%
RZLT Highest Price Target Wall Street Target
15 USD 183.55%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Rezolute, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
20 K USD 1
0-3 MONTHS
243 K USD 3
3-6 MONTHS
314 K USD 4
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 24, 2024
Bought 20 K USD
Hogenhuis Wladimir
Director
+ 4259
4.7 USD
4 months ago
Jun 25, 2024
Bought 20 K USD
Hogenhuis Wladimir
Director
+ 4815
4.15 USD
5 months ago
Jun 14, 2024
Bought 1.19 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 300
3.96 USD
5 months ago
Jun 14, 2024
Bought 15.6 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 4000
3.9099 USD
5 months ago
Jun 14, 2024
Bought 11.7 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 3000
3.9082 USD
5 months ago
Jun 14, 2024
Bought 1.19 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 300
3.9699 USD
5 months ago
Jun 14, 2024
Bought 162 K USD
Evans Daron
CFO
+ 40000
4.0392 USD
5 months ago
May 29, 2024
Bought 1.58 K USD
Evans Daron
CFO
+ 451
3.5 USD
5 months ago
May 23, 2024
Bought 16.1 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 6000
2.6763 USD
5 months ago
May 23, 2024
Bought 4.08 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 1500
2.72 USD
5 months ago
May 24, 2024
Bought 9.5 K USD
Evans Daron
CFO
+ 2942
3.23 USD
5 months ago
May 23, 2024
Bought 165 USD
Evans Daron
CFO
+ 58
2.85 USD
7 months ago
Mar 28, 2024
Bought 1.28 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 500
2.55 USD
2 years ago
Jul 22, 2022
Bought 12 M USD
HANDOK, INC.
director, 10 percent owner:
+ 3157895
3.8 USD
3 years ago
Oct 15, 2021
Bought 5 M USD
HANDOK, INC.
director, 10 percent owner:
+ 769231
6.5 USD
8 months ago
Mar 15, 2024
Bought 33.8 K USD
Evans Daron
CFO
+ 20000
1.6915 USD
8 months ago
Mar 14, 2024
Bought 18.8 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 10000
1.88 USD
8 months ago
Mar 07, 2024
Bought 925 USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 500
1.85 USD
8 months ago
Mar 07, 2024
Bought 69.9 K USD
Kim Young-Jin
Director
+ 36503
1.9138 USD
2 years ago
Jul 22, 2022
Bought 300 K USD
Kim Young-Jin
Director
+ 78947
3.8 USD
8 months ago
Mar 07, 2024
Bought 925 USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 500
1.85 USD
8 months ago
Mar 08, 2024
Bought 96.3 K USD
Evans Daron
CFO
+ 50000
1.9269 USD
8 months ago
Feb 26, 2024
Bought 8.4 K USD
Elam Nevan C
CEO
+ 5000
1.68 USD
8 months ago
Feb 26, 2024
Bought 3.4 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 2000
1.7 USD
8 months ago
Feb 23, 2024
Bought 10.1 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 6000
1.69 USD
9 months ago
Feb 16, 2024
Bought 9.14 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 7000
1.306 USD
9 months ago
Feb 16, 2024
Bought 54.4 K USD
Evans Daron
CFO
+ 41900
1.2986 USD
9 months ago
Feb 16, 2024
Bought 6.17 K USD
Evans Daron
CFO
+ 4500
1.37 USD
1 year ago
Jul 03, 2023
Bought 9.5 K USD
ROBERTS BRIAN KENNETH
Chief Medical Officer
+ 5000
1.8999 USD
2 years ago
May 17, 2022
Bought 884 USD
ROBERTS BRIAN KENNETH
Sr VP, Clinic Development
+ 300
2.9459 USD
2 years ago
May 04, 2022
Bought 200 K USD
Labrucherie Gil M
Director
+ 52631
3.8 USD
2 years ago
May 04, 2022
Bought 80 K USD
ROBERTS BRIAN KENNETH
Sr VP, Clinic Development
+ 21052
3.8 USD
2 years ago
May 04, 2022
Bought 200 K USD
Labrucherie Gil M
director:
+ 52631
3.8 USD
2 years ago
May 04, 2022
Bought 95 K USD
Hogenhuis Wladimir
Director
+ 25000
3.8 USD
3 years ago
Oct 15, 2021
Bought 50 K USD
Hogenhuis Wladimir
Director
+ 7693
6.5 USD
5 years ago
Jul 23, 2019
Bought 10 M USD
Genexine Inc.
10 percent owner
+ 34482758
0.29 USD
4 years ago
Oct 12, 2020
Bought 58.1 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4649 USD
4 years ago
Oct 13, 2020
Bought 58.4 K USD
HANDOK, INC.
10 percent owner
+ 2500
23.3522 USD
4 years ago
Oct 07, 2020
Bought 50.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4074 USD
4 years ago
Oct 06, 2020
Bought 52.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4232 USD
4 years ago
Oct 06, 2020
Bought 52.9 K USD
HANDOK, INC.
Director
+ 125000
0.4232 USD
4 years ago
Oct 05, 2020
Bought 57.2 K USD
HANDOK, INC.
Director
+ 125000
0.4574 USD
4 years ago
Oct 05, 2020
Bought 57.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4574 USD
4 years ago
Oct 02, 2020
Bought 56.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4509 USD
4 years ago
Oct 01, 2020
Bought 55 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4403 USD
4 years ago
Sep 30, 2020
Bought 54.5 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4363 USD
4 years ago
Sep 29, 2020
Bought 55.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4455 USD
4 years ago
Sep 28, 2020
Bought 55.5 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4438 USD
4 years ago
Sep 25, 2020
Bought 55.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4459 USD
4 years ago
Sep 24, 2020
Bought 55.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4432 USD
4 years ago
Sep 23, 2020
Bought 57.1 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4571 USD
4 years ago
Sep 22, 2020
Bought 57.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4589 USD
4 years ago
Sep 21, 2020
Bought 57.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4589 USD
4 years ago
Sep 18, 2020
Bought 57.6 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4605 USD
4 years ago
Sep 17, 2020
Bought 57.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4617 USD
4 years ago
Sep 16, 2020
Bought 57.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4573 USD
4 years ago
Sep 15, 2020
Bought 56.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4513 USD
4 years ago
Sep 14, 2020
Bought 57.6 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4604 USD
4 years ago
Sep 11, 2020
Bought 61.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4908 USD
4 years ago
Sep 10, 2020
Bought 61.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4898 USD
4 years ago
Sep 09, 2020
Bought 61.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4892 USD
4 years ago
Sep 08, 2020
Bought 56 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4478 USD
4 years ago
Sep 04, 2020
Bought 60.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4832 USD
4 years ago
Sep 03, 2020
Bought 60.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4858 USD
4 years ago
Sep 02, 2020
Bought 72.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.5815 USD
4 years ago
Sep 01, 2020
Bought 69 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.5517 USD
4 years ago
Aug 31, 2020
Bought 60.4 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.483 USD
4 years ago
Aug 28, 2020
Bought 61 K USD
HANDOK, INC.
Director
+ 125000
0.4877 USD
4 years ago
Aug 28, 2020
Bought 61 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4877 USD
4 years ago
Aug 27, 2020
Bought 58.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4709 USD
4 years ago
Aug 26, 2020
Bought 58.8 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4707 USD
4 years ago
Aug 25, 2020
Bought 62.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4977 USD
4 years ago
Aug 24, 2020
Bought 61.6 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4927 USD
4 years ago
Aug 21, 2020
Bought 59.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4737 USD
4 years ago
Aug 20, 2020
Bought 56.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4555 USD
4 years ago
Aug 19, 2020
Bought 56.6 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4525 USD
4 years ago
Aug 18, 2020
Bought 61.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4892 USD
4 years ago
Aug 17, 2020
Bought 59.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4776 USD
4 years ago
Aug 14, 2020
Bought 51.3 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4103 USD
4 years ago
Aug 13, 2020
Bought 64.3 K USD
HANDOK, INC.
10 percent owner
+ 184941
0.3477 USD
4 years ago
Aug 12, 2020
Bought 50.3 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4025 USD
4 years ago
Aug 11, 2020
Bought 53.7 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.4299 USD
4 years ago
Aug 10, 2020
Bought 42.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3434 USD
4 years ago
Aug 07, 2020
Bought 43.9 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3509 USD
4 years ago
Aug 06, 2020
Bought 44.5 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3561 USD
4 years ago
Aug 05, 2020
Bought 43.3 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3462 USD
4 years ago
Aug 04, 2020
Bought 42.5 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.34 USD
4 years ago
Aug 03, 2020
Bought 42.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3373 USD
4 years ago
Jul 31, 2020
Bought 78.6 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.3146 USD
4 years ago
Jul 31, 2020
Bought 78.6 K USD
HANDOK, INC.
Director
+ 250000
0.3146 USD
4 years ago
Jul 30, 2020
Bought 40.3 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3225 USD
4 years ago
Jul 30, 2020
Bought 40.3 K USD
HANDOK, INC.
Director
+ 125000
0.3225 USD
4 years ago
Jul 29, 2020
Bought 42 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.336 USD
4 years ago
Jul 28, 2020
Bought 40.6 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3246 USD
4 years ago
Jul 27, 2020
Bought 42.2 K USD
HANDOK, INC.
Director
+ 125000
0.3375 USD
4 years ago
Jul 27, 2020
Bought 42.2 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3375 USD
4 years ago
Jul 24, 2020
Bought 39.3 K USD
HANDOK, INC.
10 percent owner
+ 125000
0.3145 USD
4 years ago
Jul 24, 2020
Bought 39.3 K USD
HANDOK, INC.
Director
+ 125000
0.3145 USD
4 years ago
Jul 23, 2020
Bought 56.5 K USD
HANDOK, INC.
10 percent owner
+ 187000
0.3022 USD
4 years ago
Jul 22, 2020
Bought 70.8 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.283 USD
4 years ago
Jul 21, 2020
Bought 63.2 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.2526 USD
4 years ago
Jul 20, 2020
Bought 65.6 K USD
HANDOK, INC.
Director
+ 250000
0.2626 USD
4 years ago
Jul 20, 2020
Bought 65.6 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.2626 USD
4 years ago
Jul 17, 2020
Bought 52.2 K USD
HANDOK, INC.
Director
+ 250000
0.2087 USD
4 years ago
Jul 17, 2020
Bought 52.2 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.2087 USD
4 years ago
Jul 16, 2020
Bought 46.6 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.1866 USD
4 years ago
Jul 15, 2020
Bought 39.4 K USD
HANDOK, INC.
10 percent owner
+ 250000
0.1574 USD
4 years ago
Jul 14, 2020
Bought 13.2 K USD
HANDOK, INC.
10 percent owner
+ 84000
0.1572 USD
4 years ago
Jul 13, 2020
Bought 15.3 K USD
HANDOK, INC.
10 percent owner
+ 100000
0.1529 USD
4 years ago
Jul 10, 2020
Bought 2.41 K USD
HANDOK, INC.
10 percent owner
+ 18550
0.13 USD
4 years ago
Jul 09, 2020
Bought 17.3 K USD
HANDOK, INC.
10 percent owner
+ 133804
0.1296 USD
4 years ago
Jul 08, 2020
Bought 5.46 K USD
HANDOK, INC.
10 percent owner
+ 45200
0.1208 USD
4 years ago
Jul 07, 2020
Bought 4.74 K USD
HANDOK, INC.
10 percent owner
+ 45100
0.1052 USD
4 years ago
Jul 06, 2020
Bought 30.4 K USD
HANDOK, INC.
10 percent owner
+ 300000
0.1012 USD
5 years ago
Jul 23, 2019
Bought 10 M USD
HANDOK, INC.
10 percent owner
+ 34482758
0.29 USD
7 years ago
Mar 10, 2017
Bought 4.75 K USD
Welch David F
Director
+ 5000
0.95 USD
7 years ago
Mar 09, 2017
Bought 4.75 K USD
Welch David F
Director
+ 5000
0.95 USD
7 years ago
Mar 08, 2017
Bought 4.9 K USD
Welch David F
Director
+ 5000
0.98 USD
7 years ago
Mar 06, 2017
Bought 4.75 K USD
Welch David F
Director
+ 5000
0.95 USD
7 years ago
Feb 10, 2017
Bought 4.95 K USD
Welch David F
Director
+ 5000
0.99 USD
7 years ago
Feb 06, 2017
Bought 4.8 K USD
Welch David F
Director
+ 5000
0.96 USD
7 years ago
Feb 03, 2017
Bought 4.75 K USD
Welch David F
Director
+ 5000
0.95 USD
7 years ago
Jan 20, 2017
Bought 10.7 K USD
Welch David F
Director
+ 9983
1.07 USD
7 years ago
Jan 19, 2017
Bought 9.5 K USD
Welch David F
Director
+ 10000
0.95 USD
7 years ago
Jan 18, 2017
Bought 5 K USD
Welch David F
Director
+ 5000
1 USD
7 years ago
Jan 12, 2017
Bought 4.75 K USD
Welch David F
Director
+ 5000
0.95 USD
7 years ago
Jan 11, 2017
Bought 4.69 K USD
Welch David F
Director
+ 5000
0.9385 USD
7 years ago
Jan 10, 2017
Bought 4.57 K USD
Welch David F
Director
+ 5000
0.9141 USD
8 years ago
Dec 10, 2015
Bought 150 K USD
Elam Nevan C
Chief Executive Officer
+ 76923
1.95 USD
9 years ago
Feb 09, 2015
Sell 1.22 T USD
Elam Nevan C
Chief Executive Officer
- 842949
1441795 USD
9 years ago
Feb 09, 2015
Sell 48.9 K USD
Elam Nevan C
Chief Executive Officer
- 39117
1.25 USD
8 years ago
Dec 10, 2015
Bought 500 K USD
Welch David F
Director
+ 256410
1.95 USD
10 years ago
Apr 30, 2014
Sell 1.56 M USD
Mantripragada Sankaram
Chief Scientific Officer
- 500000
3.12 USD
12 years ago
Sep 04, 2012
Sell 75.1 K USD
WOLKIN ORIT
10 percent owner
- 893750
0.084 USD
12 years ago
Sep 04, 2012
Sell 840 USD
TURNOWSKI GUY
Secretary
- 10000
0.084 USD
12 years ago
Sep 04, 2012
Sell 75.1 K USD
KAEYO INVESTMENTS LTD
10 percent owner
- 893750
0.084 USD
12 years ago
Sep 04, 2012
Sell 41.2 K USD
BAR NIR
President and Treasurer
- 490000
0.084 USD
12 years ago
Jun 11, 2012
Bought 3.5 K USD
BAR NIR
President and Treasurer
+ 43750
0.08 USD
12 years ago
Jun 11, 2012
Bought 3.5 K USD
KAEYO INVESTMENTS LTD
10 percent owner
+ 43750
0.08 USD
12 years ago
Jun 11, 2012
Bought 3.5 K USD
CHU JUE MIN
10 percent owner
+ 43750
0.08 USD
12 years ago
Jun 11, 2012
Bought 3.5 K USD
WOLKIN ORIT
10 percent owner
+ 43750
0.08 USD
7. News
Rezolute Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results and Provides Business Update FDA lifts partial clinical holds on ersodetug for the treatment of congenital HI; Phase 3 sunRIZE study to proceed in the U.S. globenewswire.com - 1 month ago
RZLT Stock Up as FDA Lifts Clinical Holds on Rare Disease Study The FDA removes the partial clinical holds on Rezolute's phase III study evaluating RZ358 for treating congenital hyperinsulinism. zacks.com - 2 months ago
FDA Gives Green Signal To Rezolute's Genetic Disorder Treatment Monday, the FDA removed partial clinical holds on Rezolute, Inc.'s RZLT RZ358 (ersodetug), a potential treatment for hypoglycemia (low blood sugar) caused by congenital hyperinsulinism (HI). benzinga.com - 2 months ago
US FDA lifts partial clinical hold on Rezolute's blood sugar treatment Rezolute Inc said on Monday the U.S. Food and Drug Administration has removed the partial clinical hold on its late-stage study testing its experimental treatment for low blood sugar. reuters.com - 2 months ago
FDA Lifts Partial Clinical Holds on RZ358 for the Treatment of Congenital Hyperinsulinism and Authorizes U.S. Inclusion in Ongoing Phase 3 Study Commencing study startup activities in the U.S.; participant enrollment anticipated in early 2025 Commencing study startup activities in the U.S.; participant enrollment anticipated in early 2025 globenewswire.com - 2 months ago
Rezolute Announces FDA Clearance of IND Application for Phase 3 Registrational Study of RZ358 for Treatment of Hypoglycemia Due to Tumor Hyperinsulinism Second rare disease program with RZ358 in Phase 3 development Follows successful treatment of multiple patients with tumor hyperinsulinism under the Company's Expanded Access Program REDWOOD CITY, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage biopharmaceutical company committed to developing novel, transformative therapies for serious rare diseases, today announced that it received U.S. Food and Drug Administration (FDA) clearance for its Investigational New Drug (IND) application for RZ358 (ersodetug) to treat hypoglycemia in patients with tumor hyperinsulinism (HI). globenewswire.com - 3 months ago
Rezolute Announces Exercise of Underwriters' Option to Purchase Additional Shares and Concurrent Private Placement Additional $6.7M in funding resulting in approximately $67M in gross proceeds Additional $6.7M in funding resulting in approximately $67M in gross proceeds globenewswire.com - 4 months ago
Rezolute Announces Closing of Public Offering with Approximately $60M in Gross Proceeds NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage biopharmaceutical company committed to developing novel, transformative therapies for serious rare diseases, today announced the closing of its underwritten public offering of 11,250,000 shares of its common stock at a price to the public of $4.00 per share and, to certain investors in lieu of common stock, pre-funded warrants to purchase 3,750,000 shares of its common stock at a price to the public of $3.999 per pre-funded warrant, in each case, before underwriting discounts and commissions. All of the shares and warrants in the public offering were sold by the Company. globenewswire.com - 4 months ago
Rezolute Announces Pricing of Public Offering of $60 Million of Common Stock and Pre-Funded Warrants NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage biopharmaceutical company committed to developing novel, transformative therapies for serious rare diseases, today announced the pricing of its previously announced underwritten public offering of an aggregate of 11,250,000 shares of its common stock at an offering price of $4.00 per share, and, to certain investors in lieu of common stock, pre-funded warrants to purchase up to 3,750,000 shares of common stock at an offering price of $3.999 per pre-funded warrant, which represents the per share offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant. Gross proceeds from the underwritten public offering before deducting underwriting discounts and commissions and other offering expenses are expected to be approximately $60 million. globenewswire.com - 5 months ago
Rezolute Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage biopharmaceutical company committed to developing novel, transformative therapies for serious rare diseases, today announced that it is commencing an underwritten public offering of shares of its common stock (or pre-funded warrants to purchase its common stock in lieu thereof). In addition, the Company intends to grant the underwriters an option for a period of 30 days to purchase up to an additional 15 percent of the number of shares of its common stock plus the shares of common stock underlying pre-funded warrants sold in connection with the public offering. The public offering is subject to market and other conditions, and there can be no assurance as to whether or when the public offering may be completed or as to the actual size or terms of the public offering. All of the shares in the public offering are being offered by the Company. globenewswire.com - 5 months ago
Rezolute to Participate in the Jefferies Global Healthcare Conference REDWOOD CITY, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious metabolic and rare diseases, today announced that Nevan Charles Elam, Chief Executive Officer and Founder of Rezolute, will participate in a fireside chat during the Jefferies Global Healthcare Conference on Thursday, June 6, 2024, at 1:00 p.m. ET in New York City. globenewswire.com - 5 months ago
Rezolute Reports Positive Topline Results from Phase 2 Proof of Concept Study of RZ402 in Patients with Diabetic Macular Edema (DME) Met primary study endpoints: good safety profile and reduction in central subfield thickness (CST) First oral therapy to demonstrate reduction in macular edema; supports potential for early disease intervention Virtual investor event to be held today at 5:30pm ET REDWOOD CITY, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious metabolic and rare diseases, today announced positive topline results from the Phase 2 clinical study of RZ402 in patients with DME who are naïve to or have received limited anti-vascular growth factor (anti-VEGF) injections. globenewswire.com - 5 months ago
8. Profile Summary

Rezolute, Inc. RZLT

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 307 M
Dividend Yield 0.00%
Description Rezolute, Inc., a clinical stage biopharmaceutical company, develops transformative therapies for metabolic diseases associated with chronic glucose imbalance in the United States. The company's lead product candidate is RZ358, a human monoclonal antibody that is in Phase 2b clinical trial for the treatment of congenital hyperinsulinism, an ultra-rare pediatric genetic disorder. It is also developing RZ402, a selective and potent plasma kallikrein inhibitor, which is in Phase 1 clinical trial for the chronic treatment of diabetic macular edema. The company was formerly known as AntriaBio, Inc. and changed its name to Rezolute, Inc. in December 2017. Rezolute, Inc. was founded in 2010 and is headquartered in Redwood City, California.
Contact 201 Redwood Shores Parkway, Redwood City, CA, 94065 https://www.rezolutebio.com
IPO Date Jan. 14, 2013
Employees 59
Officers Dr. Brian Kenneth Roberts M.D. Chief Medical Officer Mr. Nevan Charles Elam J.D. Founder, Chief Executive Officer, Principal Financial Officer & Acting Chairman of the Board Mr. Daron G. Evans M.B.A., M.S. Chief Financial Officer Mr. Michael R. Deperro Senior Vice President & Head of Corporate Development Mr. Chris Milks Vice President & Head of Finance Dr. Raj Agrawal M.D. Vice President & Head of Ophthalmological Clinical Development Dr. Davelyn Eaves Hood M.B.A., M.D. Director and Head of Scientific & Patient Affairs Mr. Michael Covarrubias Senior Vice President & Head of Program & Portfolio Management Ms. Robyn Sweinhart Vice President & Head of Quality Ms. Erin O'Boyle Senior Vice President & Head of Clinical Operations