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Pain Therapeutics, Inc. Common Stock, also called Pain Therapeutics, is a biopharmaceutical company, which engages in the development of novel drugs. Read More Its drug candidate includes REMOXY, which is a strong painkiller with a unique formulation designed to reduce potential risks of unintended use. The company was founded by Remi Barbier and Barry M. Sherman in May 1998 and is headquartered in Austin, TX.
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Simply Wall StMar 13
Imagine Owning Pain Therapeutics (NASDAQ:PTIE) And Taking A 97% Loss Square On The Chin
Pain Therapeutics, Inc. (NASDAQ:PTIE) shareholders should be happy to see the share price up 20% in the last month. But spare a thought for the long term holders, who have held the stock as it bled value over the last five years. Indeed, the share price is down a whopping 97% in that time. It’s true that the recent bounce could signal the company is turning over a new leaf, but we are not so sure. The fundamental business performance will ultimately determine if the turnaround can be sustained. We really h...
Expected Mar 20, After Hours