Eupraxia Pharmaceuticals (OTCMKTS:EPRXF) Stock Falls 8.7% – Here’s Why

Eupraxia Pharmaceuticals Inc. (OTCMKTS:EPRXF – Get Free Report) was down 8.7% during mid-day trading on Wednesday. The stock traded as low as C$6.62 and last traded at C$6.68. 1,522,825 shares were traded during trading, an increase of 20,451% from the average daily volume of 7,410 shares. The stock had previously closed at C$7.32.

Eupraxia Pharmaceuticals Trading Down 1.3%

The business has a fifty day moving average price of C$7.53 and a 200 day moving average price of C$7.04.

Eupraxia Pharmaceuticals Company Profile

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Eupraxia Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing locally administered therapies for inflammatory and fibrotic diseases. The company’s programs are designed to deliver active pharmaceutical ingredients directly to affected tissues while potentially limiting systemic exposure and associated side effects.

Eupraxia’s development platform uses a proprietary diffusion-based hydrogel technology intended to provide controlled, sustained drug release.

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