TCON Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 18, 2024

Report Source: 2024 1st Quarter Report

TRACON Pharmaceuticals Inc

TRACON Pharmaceuticals Inc. Stock Analysis TCON

United States Health Care Nano Cap Report:
TRACON Pharmaceuticals Inc is a US-based company operating in Biotechnology industry. The company is headquartered in San Diego, California and currently employs 17 full-time employees. The company went IPO on 2015-01-30. TRACON Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The firm is focused on the development and commercialization of novel targeted therapeutics for cancer and utilizing its contract research organization (CRO) independent product development platform to partner with other life science companies to develop and commercialize products in the United States. The Company’s clinical-stage oncology product candidate is TRC102, which is a small molecule that has been studied in Phase 1 and Phase 2 trials for the treatment of mesothelioma, lung cancer, glioblastoma and solid tumors and YH001, which is a monospecific investigational cytotoxic T-lymphocyte-associated protein 4 (CTLA-4) antibody. TRC102 is a small molecule in clinical development to reverse resistance to specific chemotherapeutics by inhibiting DNA base excision repair (BER). Its clinical-stage product candidate, Envafolimab, is a PD-L1 antibody that is being developed for the treatment of sarcoma.
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TRACON Pharmaceuticals Inc (TCON) Chart

Key Statistics of TRACON Pharmaceuticals Inc (TCON)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.03$0.03

Today's Open

$0.03

Volume

-

P/E Ratio (TTM)

-

52 Week Range

$0.13$2.16

Market Cap

110.00K

Avg. Volume

2686.96

Dividend Yield

-

Financial Metrics & Statements of TRACON Pharmaceuticals Inc (TCON)

FAQ's for TRACON Pharmaceuticals Inc (TCON)

  • According to Musaffa’s Shariah screening methodology, TRACON Pharmaceuticals Inc (TCON) is currently classified as NOT HALAL as of June 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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