ONCSQ Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: March 30, 2023
Report Source: 2023 2nd Quarter Report
OncoSec Medical Inc. Stock Analysis ONCSQ
OncoSec Medical, Inc. is a biotechnology company focused on designing, developing and commercializing therapies and proprietary medical approaches to stimulate and to guide an anti-tumor immune response for the treatment of cancer. The company is headquartered in Ewing, New Jersey and currently employs 40 full-time employees. The company went IPO on 2015-05-29. The firm is focused on developing intratumoral immunotherapies to stimulate the patient’s immune system to target cancer cells and eradicate disease. Its lead immunotherapy investigational product candidate-TAVO (tavokinogene telseplasmid)-enables the intratumoral delivery of DNA-based interleukin 12 (IL-12), a naturally occurring protein with immune-stimulating functions. The therapeutic approach TAVO-EP, which employs electroporation, is designed to produce a localized expression of IL-12 in the tumor microenvironment and, thereby, stimulate the immune system to target and attack tumors.
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FAQ's for OncoSec Medical Inc (ONCSQ)
- According to Musaffa’s Shariah screening methodology, OncoSec Medical Inc (ONCSQ) is currently classified as NOT HALAL as of March 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.