Rakovina Therapeutics Announces Listing on Frankfurt Stock Exchange
30 Janvier 2025 - 6:16PM
Rakovina Therapeutics Inc. (
TSX-V: RKV), a
biopharmaceutical company dedicated to advancing new cancer
therapies based on novel DNA-damage response technologies, is
pleased to announce that its common shares are now listed on the
Frankfurt Stock Exchange (FSE) under the ticker symbol
“
7J0”.
This strategic milestone marks Rakovina Therapeutics’ entry into
one of the largest equity markets in Europe, providing increased
visibility and accessibility to European and global investors. The
Frankfurt Stock Exchange listing complements the company’s existing
listing on the TSX Venture Exchange (TSX-V: RKV), enabling broader
participation in Rakovina Therapeutics’ mission to revolutionize
cancer drug discovery.
Global Reach and Accessibility
Rakovina’s listing on the Frankfurt Stock Exchange is expected
to enhance its presence in Europe and attract new investors from
one of the world’s most active trading hubs. With the FSE listing,
the company aims to build awareness of its unique approach to drug
discovery, leveraging its AI-driven Deep Docking™ and Variational
AI collaborations to identify and develop novel drug candidates
targeting DNA-damage response (DDR) mechanisms—key vulnerabilities
in many aggressive cancers.
Jeffrey Bacha, Executive Chairman of Rakovina Therapeutics,
commented: “We are excited to engage with a broader audience
through our listing on the Frankfurt Stock Exchange. This milestone
aligns with our strategy to increase international visibility and
establish Rakovina as a leading innovator in oncology drug
discovery. The Frankfurt Exchange listing will enhance liquidity
and provide European investors an opportunity to participate in our
mission to advance life-saving cancer treatments.”
Advancing Innovation in Oncology
Rakovina Therapeutics leverages exclusive access to AI platforms
such as Deep Docking™ and Variational AI through strategic
partnerships to screen DNA-damage response (DDR) compounds,
accelerating the identification of promising drug candidates. The
global DDR therapy market, projected to reach $18 billion annually
by 2030, highlights the transformative potential of Rakovina’s
innovative approach to drug discovery and development.
The company’s Frankfurt Exchange listing further solidifies its
commitment to creating long-term value for shareholders while
accelerating the development of innovative cancer therapies.
About Rakovina Therapeutics Inc.Rakovina
Therapeutics is a biopharmaceutical research company focused on the
development of innovative cancer treatments. Our work is based on
unique technologies for targeting the DNA-damage response powered
by Artificial Intelligence (AI) using the proprietary Deep-Docking™
platform. By using AI, we can review and optimize drug candidates
at a much greater pace than ever before.
The Company has established a pipeline of distinctive DNA-damage
response inhibitors with the goal of advancing one or more drug
candidates into human clinical trials in collaboration with
pharmaceutical partners.
Further information may be found at
www.rakovinatherapeutics.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
Notice Regarding Rakovina Therapeutics Forward-Looking
Statements:This release includes forward-looking
statements regarding the company and its respective business, which
may include, but is not limited to, statements with respect to the
proposed business plan of the company and other statements. Often,
but not always, forward-looking statements can be identified by the
use of words such as “plans,” “is expected,” “expects,”
“scheduled,” “intends,” “contemplates,” “anticipates,” “believes,”
“proposes” or variations (including negative variations) of such
words and phrases, or state that certain actions, events, or
results “may,” “could,” “would,” “might,” or “will” be taken,
occur, or be achieved. Such statements are based on the current
expectations of the management of the company. The forward-looking
events and circumstances discussed in this release may not occur by
certain specified dates or at all and could differ materially as a
result of known and unknown risk factors and uncertainties
affecting the company, including risks regarding the medical device
industry, economic factors, regulatory factors, the equity markets
generally, and risks associated with growth and competition.
Although the company has attempted to identify important factors
that could cause actual actions, events, or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events, or results
to differ from those anticipated, estimated, or intended. No
forward-looking statement can be guaranteed. Except
as required by applicable securities laws, forward-looking
statements speak only as of the date on which they are made, and
the company undertakes no obligation to publicly update or revise
any forward-looking statement, whether as a result of new
information, future events, or otherwise. The reader is referred to
the company’s most recent filings on SEDAR for a more complete
discussion of all applicable risk factors and their potential
effects, copies of which may be accessed through the company’s
profile page at www.sedar.com.
For Further Information Contact:
Michelle Seltenrich, BSc MBADirector, Corporate
DevelopmentIR@rakovinatherapeutics.com778-773-5432
Rakovina Therapeutics (TSXV:RKV)
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