TCON Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: June 18, 2024
Report Source: 2024 1st Quarter Report
TRACON Pharmaceuticals Inc. Stock Analysis TCON
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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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
Today's Open
$0.03Volume
-P/E Ratio (TTM)
-52 Week Range
Market Cap
110.00KAvg. Volume
2686.96Dividend 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.