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ABIO - ARCA biopharma, Inc.

Overbought Signal for 04-15-2024
Overbought Stock Signal: ABIO


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Stock Signal Information


Signal

Overbought Stock Signal: ABIO
Report Date: 04-15-2024
Symbol: ABIO - ARCA biopharma, Inc.
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Industry:
Overbought Stock Signal: ABIO

  ABIO Technical Analysis

Company Contact

ARCA biopharma, Inc. (ABIO)
11080 Circle Point Rd Ste 140
Westminster, COLORADO 80020
Phone: 17209402200
Website: http://www.arcabio.com
CEO: Dr. Michael Bristow

ABIO, ARCA biopharma, Inc.

ABIO ARCA biopharma, Inc. Logo Image

NASDAQ, Nasdaq Capital Market


Company Profile

ARCA biopharma, Inc. is a biopharmaceutical company, which develops genetically targeted therapies for heart failure and other cardiovascular diseases. The company is headquartered in Westminster, Colorado and currently employs 15 full-time employees. The firm is principally focused on developing genetically-targeted therapies for cardiovascular diseases. The firm's lead product candidate is Gencaro (bucindolol hydrochloride), a beta-blocker and mild vasodilator that the Company is evaluating in a clinical trial for the treatment of atrial fibrillation (AF) in patients with heart failure with reduced left ventricular ejection fraction (HFREF). Gencaro is considered part of the beta-blocker class of compounds because of its property of blocking both beta-1 and beta-2, receptors in the heart. The blocking of these receptors prevents the receptor from binding with other molecules, primarily the neurotransmitter norepinephrine (NE), which activate these receptors. The firm is conducting a Phase IIB/III clinical trial of Gencaro, known as GENETIC-AF.