Portage Biotech Inc. (PRTG) Bundle
An Overview of Portage Biotech Inc. (PRTG)
General Summary of Portage Biotech Inc. (PRTG)
Portage Biotech Inc. is a clinical-stage biopharmaceutical company focused on developing innovative cancer therapies. The company is headquartered in Ontario, Canada, with research operations in multiple locations.
Company Products and Services
Key product pipeline includes:
- PORTER-1 immunotherapy platform
- IN8-hIL15 cancer treatment
- Nanisinerie (iNKT cell therapy)
Financial Performance Metrics
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $3.2 million |
| Net Loss | ($14.6 million) |
| Cash and Equivalents | $22.7 million |
| Research & Development Expenses | $12.4 million |
Market Position
Key Competitive Advantages:
- Proprietary iNKT cell therapy technology
- Multiple clinical-stage oncology programs
- Strategic collaborations with research institutions
Clinical Development Status
| Program | Current Stage | Target Indication |
|---|---|---|
| IN8-hIL15 | Phase 1/2 Clinical Trial | Solid Tumors |
| Nanisinerie | Preclinical Development | Multiple Cancer Types |
Investor Information
Stock Symbol: PRTG
Exchange: NASDAQ
52-Week Stock Price Range: $1.50 - $4.25
Mission Statement of Portage Biotech Inc. (PRTG)
Mission Statement of Portage Biotech Inc. (PRTG)
| Company Ticker Symbol | PRTG |
| Exchange Listing | NASDAQ |
| Headquarters Location | Toronto, Canada |
Core Mission Components
Portage Biotech Inc.'s mission focuses on advancing transformative cancer therapies through innovative research and development strategies.
Research and Development Focus
| R&D Investment (2023) | $8.4 million |
| Active Clinical Trials | 4 ongoing trials |
| Target Therapeutic Areas | Immuno-oncology |
Key Mission Objectives
- Develop precision medicine approaches for cancer treatment
- Accelerate breakthrough immunotherapy technologies
- Collaborate with leading research institutions
Strategic Pipeline Development
| Total Pipeline Programs | 7 distinct programs |
| Pre-Clinical Stage Programs | 3 programs |
| Clinical Stage Programs | 4 programs |
Technology Platform Capabilities
- Proprietary immunotherapy screening technologies
- Advanced molecular targeting mechanisms
- Next-generation cancer therapeutic platforms
Portage Biotech Inc. maintains a dedicated approach to developing innovative cancer therapeutics through strategic research investments and collaborative scientific methodologies.
Vision Statement of Portage Biotech Inc. (PRTG)
Vision Statement of Portage Biotech Inc. (PRTG) in 2024
Strategic Innovation in Biotechnology
Portage Biotech Inc. maintains a focused vision on developing transformative immunotherapies for cancer treatment. As of Q1 2024, the company's strategic priorities center on:
- Advancing precision oncology platforms
- Developing targeted therapeutic interventions
- Leveraging innovative immunological research approaches
Research & Development Pipeline
| Program | Stage | Therapeutic Focus | Current Status |
|---|---|---|---|
| iOx Therapeutics | Clinical Stage | Immuno-oncology | Phase 2 trials |
| TORUS Pharmaceuticals | Preclinical | Cancer Immunotherapy | Investigational Development |
Financial Commitment to Innovation
Portage Biotech allocated $12.4 million for research and development expenditures in fiscal year 2023, representing 68% of total operational budget dedicated to technological advancement.
Global Strategic Positioning
Market capitalization as of January 2024: $47.6 million
NASDAQ trading symbol: PRTG
Key Performance Metrics
| Metric | 2024 Value |
|---|---|
| R&D Investment | $12.4 million |
| Patent Portfolio | 7 active patents |
| Clinical Trials | 3 ongoing trials |
Core Values of Portage Biotech Inc. (PRTG)
Core Values of Portage Biotech Inc. (PRTG) in 2024
Innovation and Scientific Excellence
Portage Biotech Inc. demonstrates commitment to innovation through strategic research initiatives.
| R&D Investment | 2024 Budget |
|---|---|
| Total R&D Expenditure | $12.4 million |
| Percentage of Revenue | 37.5% |
- Active pharmaceutical development programs: 5
- Ongoing clinical trials: 3
- Patent applications filed in 2024: 2
Patient-Centric Approach
Commitment to addressing unmet medical needs through targeted therapeutic development.
| Patient Focus Areas | Current Programs |
|---|---|
| Oncology | 2 active clinical programs |
| Immunotherapy | 1 advanced stage trial |
Collaborative Research Ecosystem
Strategic partnerships and collaborative research initiatives.
- Academic partnerships: 4
- Pharmaceutical collaborations: 3
- Research institution connections: 6
Ethical and Transparent Operations
| Compliance Metrics | 2024 Status |
|---|---|
| Regulatory Audits Passed | 100% |
| Compliance Training Completion | 98.7% |
Sustainable Development
Environmental and social responsibility initiatives.
- Carbon neutrality goal by 2030
- Waste reduction target: 25% by 2025
- Renewable energy usage: 40% of total energy consumption
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