Relief Therapeutics (OTCMKTS:RLFTF) Shares Up 8.5% – Here’s Why

Relief Therapeutics Holding SA (OTCMKTS:RLFTFGet Free Report)’s share price traded up 8.5% during mid-day trading on Monday . The company traded as high as $2.95 and last traded at $2.93. 2,036 shares traded hands during trading, a decline of 40% from the average session volume of 3,374 shares. The stock had previously closed at $2.70.

Relief Therapeutics Price Performance

The stock’s 50-day moving average is $3.48 and its 200 day moving average is $3.32.

Relief Therapeutics Company Profile

(Get Free Report)

Relief Therapeutics AG is a clinical‐stage biopharmaceutical company focused on the development of novel therapies for rare and critical care indications. Headquartered in Geneva, Switzerland, the company leverages its expertise in peptide biology to address diseases with high unmet need, including acute respiratory distress syndrome (ARDS) and other serious pulmonary and inflammatory conditions.

The company’s lead product candidate, RLF‐100 (aviptadil), is a synthetic formulation of vasoactive intestinal peptide (VIP) being evaluated for the treatment of ARDS and COVID-19–associated respiratory failure.

Further Reading

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