Paradigm Biopharmaceuticals Ltd (ASX: PAR) Share Price and News

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Paradigm Biopharmaceuticals Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $83.99 million
P/E Ratio N/A
Dividend Yield 0.00%
Shares Outstanding 350.36 million
Earnings per share -0.200
Dividend per share N/A
Year To Date Return -44.71%
Earnings Yield N/A
Franking -
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as at 24 Feb 3:44pm

  • Paradigm Biopharmaceuticals Ltd (ASX: PAR)
    Latest News

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    Biotech speccy Paradigm is being tipped for the big time

    Paradigm (ASX: PAR) has $78 million cash on hand and a goal to commercialise osteoarthritis drugs.

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    Paradigm Biopharmaceuticals share price higher on Ross River virus trial results

    The Paradigm Biopharmaceuticals Ltd (ASX:PAR) share price has stormed higher this morning after announcing the results of a Ross River…

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    Paradigm Biopharmaceuticals share price higher on iPPS update

    The Paradigm Biopharmaceuticals Ltd (ASX:PAR) share price climbed 3% on Tuesday after it released an iPPS update...

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    Will the Paradigm share price climb higher on promising ASX update?

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    Frequently Asked Questions

    No, Paradigm does not pay shareholder dividends at this time. 

    Paradigm Biopharmaceuticals Limited listed on the ASX on 19 August 2015.

    PAR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Paradigm Biopharmaceuticals Ltd

    Paradigm Biopharmaceuticals Ltd (ASX: PAR) is a late-stage drug development company researching drug repurposing. The company seeks to identify and transform existing molecules to develop effective treatments for conditions with limited treatment options. Currently, more than 30% of therapies approved or launched globally represent drugs approved for new indications, reformulations, or new combinations of existing drugs.

    Paradigm's current commercial prospect is injectable pentosan polysulfate sodium (PPS, or brand name Zilosul®) in the treatment of osteoarthritis. PPS is FDA-approved and has a track record of treating inflammation including bladder condition cystitis and is used in the EU for preventing deep vein thrombosis. Paradigm has advanced to Phase 3 trial stage investigating PPS for osteoarthritis treatment. The company is based in Melbourne with offices in the US and Europe. 

    PAR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Nov 2024 $0.25 $0.01 4.17% 746,953 $0.24 $0.25 $0.23
    13 Nov 2024 $0.24 $0.02 8.89% 743,604 $0.23 $0.24 $0.23
    12 Nov 2024 $0.23 $0.00 0.00% 154,955 $0.22 $0.23 $0.22
    11 Nov 2024 $0.23 $0.00 0.00% 350,808 $0.23 $0.23 $0.22
    08 Nov 2024 $0.23 $0.01 4.65% 1,279,409 $0.22 $0.24 $0.22
    07 Nov 2024 $0.22 $-0.01 -4.55% 602,946 $0.22 $0.22 $0.21
    06 Nov 2024 $0.22 $0.00 0.00% 788,017 $0.22 $0.22 $0.21
    05 Nov 2024 $0.22 $0.00 0.00% 327,880 $0.23 $0.23 $0.22
    04 Nov 2024 $0.22 $0.02 9.76% 1,102,272 $0.21 $0.23 $0.21
    01 Nov 2024 $0.21 $-0.01 -4.76% 744,711 $0.20 $0.21 $0.20
    31 Oct 2024 $0.21 $0.01 5.00% 4,986,306 $0.23 $0.24 $0.20
    30 Oct 2024 $0.20 $0.00 0.00% 407,446 $0.21 $0.21 $0.20
    29 Oct 2024 $0.21 $0.00 0.00% 941,215 $0.21 $0.21 $0.20
    28 Oct 2024 $0.21 $-0.01 -4.76% 1,612,212 $0.21 $0.21 $0.20
    25 Oct 2024 $0.21 $0.01 4.88% 676,376 $0.21 $0.22 $0.20
    24 Oct 2024 $0.21 $0.00 0.00% 878,627 $0.22 $0.23 $0.21
    23 Oct 2024 $0.21 $-0.01 -4.65% 1,082,756 $0.22 $0.22 $0.21
    22 Oct 2024 $0.22 $-0.01 -4.44% 1,606,811 $0.23 $0.23 $0.21
    21 Oct 2024 $0.23 $-0.04 -15.09% 2,101,888 $0.27 $0.27 $0.22
    18 Oct 2024 $0.27 $0.00 0.00% 1,585,858 $0.27 $0.29 $0.26
    17 Oct 2024 $0.27 $0.06 29.27% 3,583,024 $0.21 $0.27 $0.21
    16 Oct 2024 $0.21 $0.00 0.00% 1,013,683 $0.21 $0.21 $0.20

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    22 Oct 2024 Paul Rennie Expiry 1,200,000 $258,000
    As advised by the company. Lapsed, 1,200,000 Performance Rights, as per announcement on 23-10-2024
    22 Oct 2024 Donna Skerrett Expiry 1,000,000 $215,000
    As advised by the company. lapsed
    15 Oct 2024 Paul Rennie Buy 95,300 $20,145
    On-market trade.
    14 Oct 2024 Matthew Fry Buy 200,000 $42,750
    On-market trade.
    10 Oct 2024 Matthew Fry Buy 150,000 $30,500
    On-market trade.
    10 Oct 2024 Paul Rennie Buy 150,000 $30,690
    On-market trade.
    29 Feb 2024 Paul Rennie Issued 1,200,000 $420,000
    As advised by the company. Employee Performance Rights Plan, 1,200,000 Rights
    29 Feb 2024 Donna Skerrett Issued 1,000,000 $350,000
    As advised by the company. Employee Performance Rights Plan
    30 Nov 2023 Helen Fisher Issued 766 $298
    Rights issue.
    30 Nov 2023 Helen Fisher Issued 1,021 $438
    Rights issue.
    30 Nov 2023 Paul Rennie Sell 300,000 $117,000
    As advised by the company. Employee shares buy-back
    30 Nov 2023 Paul Rennie Issued 466,000 $200,380
    Rights issue.
    30 Nov 2023 Paul Rennie Issued 349,500 $136,305
    Rights issue.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Paul Rennie Executive DirectorManaging DirectorExecutive Chairman May 2014
    Mr Rennie has sales, marketing, business development, operational and IP commercialisation experience in the biopharmaceutical sector. Paul's experience includes working for Boehringer Mannheim (now Roche Diagnostics), Merck KGGA as national sales and marketing manager and Soltec (FH Faulding Ltd) as their Director of business development. Paul also led the commercialisation of Recaldent a novel biopharmaceutical arising from research at the dental school, University of Melbourne. Paul took an R&D project from the laboratory bench to a commercial product now marketed globally as an additive to oral care products. More recently Paul worked in a number of positions with Mesoblast Ltd. Paul was the inaugural COO and moved into Executive Vice President New Product Development for the adult stem cell company. Paul is the founder of Paradigm Biopharmaceuticals.
    Mr Amos Meltzer Non-Executive Director Dec 2020
    Mr Meltzer has over 25 years of experience in international trade and in commercialising technologies, principally in the life sciences sector. He has presided over life science research and product development projects clinical trials as well as the commercialisation of life sciences assets through both licensing and the sale and marketing of a pharmaceutical product. Previously Amos served as General Counsel and IP director at two Nasdaq-listed companies Compugen and Gilat, as a non-executive director of a biotechnology company Evogene and as VP of Business Development and then CEO of biopharmaceutical company Immuron. Amos currently serves as Chief Legal Officer of neuro-medical device company Synchron, chairman of the Board of surgeons' education services company Vasculab and as a legal advisor to a number of ASX listed and private life science companies. Amos is member of the Risk Management Committee.
    Dr Donna Skerrett Executive Director Jul 2020
    Dr Skerrett has more than 30 years of experience in transfusion medicine, cellular therapy, and transplantation. She brings experience in medical, clinical, and regulatory affairs. Donna served previously as Chief Medical Officer at Mesoblast. She was Director of Transfusion Medicine and Cellular Therapy at Weill Cornell Medical Center in New York (2004 - 2011), and prior to that was Associate Director of Transfusion Medicine and Director of Stem Cell Facilities at Columbia University's New York-Presbyterian Hospital. She has previously chaired the New York State Council on Blood and Transfusion Services, and served on the Board of Directors of the Fox Chase Cancer Center in Philadelphia, PA and is currently a member of the Board of Visitors of Lewis Katz School of Medicine at Temple University.
    Mr Matthew James Fry Non-Executive Director Mar 2024
    Mr Fry joins the Paradigm board with more than 25 years in business creation, strategy, and expansion in healthcare and medical diagnostics globally. He is currently the CEO, Managing Director and Founder of AM Diagnostics Pty Ltd, a manufacturer and distributor of medical diagnostic products. Matthew has experience with global regulatory agencies, in particular the Australian TGA and US FDA. Through his role as Founder and CEO of AM Diagnostics, Matthew drove the company's expansion into the United States in 2009 and is a biotechnology device supplier with understanding of sales channels in the US medical wholesale market and retail market, and how to negotiate with private health providers.
    Ms Abby Macnish Interim Company Secretary Aug 2022
    -
    Abby Macnish Interim Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 16,098,954 4.59%
    Citicorp Nominees Pty Limited 15,194,109 4.34%
    Sandhurst Trustees Ltd <Collins St Value Fund A/C> 15,148,692 4.32%
    Kzee Pty Ltd <Kzee Superannuation Fund A/C> 11,380,902 3.25%
    Mr Paul John Rennie 8,500,548 2.43%
    Netwealth Investments Limited <Wrap Services A/C> 7,233,311 2.06%
    BNP Paribas Noms Pty Ltd 7,223,423 2.06%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 7,167,669 2.05%
    Mr Evan Philip Clucas & Ms Leanne Jane Weston <Kuranga Nursery Super A/C> 6,129,195 1.75%
    Nancy Edith Wilson Ghosh <Ghosh Family A/C> 3,475,835 0.99%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 2,470,966 0.71%
    39Kp Pty Ltd <Ross Family A/C> 2,427,367 0.69%
    Mr Adam William Huts 2,405,000 0.69%
    Wacc Pty Ltd <Progessive Global Fund A/C> 2,337,318 0.67%
    Mr Anthony Mark Van Der Steeg 2,051,787 0.59%
    Juzcorp Pty Limited <Gazal Holdings A/C> 1,607,958 0.46%
    Finclear Services Pty Ltd <Superhero Securities A/C> 1,585,274 0.45%
    Flinders Medical Centre Foundation 1,562,000 0.45%
    Ms Lenna Yu Ling Tye 1,441,631 0.41%
    Lempip Nominees Pty Ltd <Lempip Super Fund A/C> 1,276,512 0.36%

    Profile

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