Sio Gene Therapies Inc (fka SIOX)

[georgejjl]

3 Penny Stocks to Watch in October 2021

Sio Gene Therapies Inc. (NASDAQ: SIOX)
Sio Gene Therapies Inc. is a biotech penny stock that has seen some solid momentum in the past few days. While SIOX stocks performance this year is nothing to write home about, the company does have some interesting prospects. For those unfamiliar with Siox, it is a company that creates gene therapies for those with neurodegenerative diseases. It currently is developing AXO-Lenti-PD which is in Phase 2 clinical trials to treat Parkinson’s disease. The company is also developing AXO-AAV-GM1 which is in Phase 1 / 2 trials to treat GM1 gangliosidosis.

On October 4th, the company released a new update that impacted its stock price. Sio Gene stated that it will present new data at the European Society of Gene and Cell Therapy Virtual Congress 2021. The company will present new clinical and preclinical data via two oral presentations from October 19th to October 22nd. These presentations will include an update on its Phase 1 / 2 trial of AXO-AAV-GM1, for treating GM1 gangliosidosis.

The company will also present a poster review of patient-level data up to 24 months from the Phase 1 / 2 study of AXO-Lenti-PD for Parkinson’s disease. Presentations are always exciting for investors to consider as they allow for new insight into a company’s business. Based on this development, will SIOX make your penny stocks watchlist in October?

https://www.kpvi.com/interests/3-must-watch-penny-stocks-for-your-watchlist-right-now/article_e865820d-dc12-59ca-a4de-f3f3203f3a29.html

Good luck and GOD bless,