Vivani Medical, Inc. is a preclinical stage biopharmaceutical company, which engages in the business of developing miniaturized, subdermal implants utilizing proprietary NanoPortal technology to enable long-term, near constant-rate delivery of a broad range of medicines to treat chronic diseases. The company is headquartered in Alameda, California and currently employs 42 full-time employees. The company went IPO on 2014-12-05. Leveraging its NanoPortal platform, it develops biopharmaceutical implants designed to deliver drug molecules steadily over extended periods of time with the goal of guaranteeing adherence, and to improve patient tolerance to their medication. Its lead program, NPM-115, is a six-month, subdermal, GLP-1 (exenatide) implant under development for chronic weight management in overweight individuals. Its pipeline includes NPM-139 (semaglutide implant), which is also under development for chronic weight management. NPM-119 refers to its six-month, subdermal, GLP-1 (exenatide) implant under development for the treatment of type 2 diabetes. These NanoPortal implants are designed to provide patients with the opportunity to realize the benefit of their medication by avoiding the challenges associated with the daily or weekly administration of orals and injectables.
Follow-Up Questions
Who is the CEO of Vivani Medical Inc?
Dr. Adam Mendelsohn is the Chief Executive Officer of Vivani Medical Inc, joining the firm since 2022.
What is the price performance of VANI stock?
The current price of VANI is $1.47, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Vivani Medical Inc?
Vivani Medical Inc belongs to Health Care industry and the sector is Health Care
What is Vivani Medical Inc market cap?
Vivani Medical Inc's current market cap is $87.0M
Is Vivani Medical Inc a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for Vivani Medical Inc, including 2 strong buy, 5 buy, 1 hold, 0 sell, and 2 strong sell