About
About Medlab Clinical Limited
Medlab Clinical Limited, a biotechnology company, researches, develops, and pre-commercializes pharmaceutical and nutraceutical products in Australia. Its drug candidate includes NanaBis, a buccal spray from cannabis oil extract for oncology and pain management; and NanoCBD, a buccal spray from hemp oil extract for mental health. The company also develops NanoCelle, a patented sub-micron drug delivery platform that allows passive diffusion of active pharmaceutical ingredients directly into the bloodstream through oral-buccal, sublingual, intranasal, and transdermal or topical delivery. In addition, it offers virtual clinic services. The company was founded in 2012 and is headquartered in Botany, Australia.
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5 years, 5 months ago
Medlab Clinical Limited is currently in a long term downtrend where the price is trading 31.8% below its 200 day moving average.
From a valuation standpoint, the stock is 93.2% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 17.4.
Medlab Clinical Limited's total revenue rose by 57.4% to $4M since the same quarter in the previous year.
Its net income has increased by 25.4% to $-5M since the same quarter in the previous year.
Finally, its free cash flow grew by 42.2% to $-2M since the same quarter in the previous year.
Based on the above factors, Medlab Clinical Limited gets an overall score of 4/5.