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NeuBase Therapeutics, Inc. (NBSE) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED 2024

What happened to NeuBase Therapeutics, Inc. (NBSE) stock?

NeuBase Therapeutics, Inc. (NBSE) no longer trades on public markets. It was delisted in May 2024. The figures below are historical and are not a current quote.

MCap: $1.42M| Vol: 89.7K| 52-wk range: $0.36 – $4.44

Market cap $1.42M is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated May 9, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

NeuBase Therapeutics, Inc. (NBSE). NeuBase Therapeutics, Inc. is a pre-clinical-stage biopharmaceutical company focused on developing therapies for rare genetic diseases and cancers. Market cap: $1.42M, Sector: Healthcare.

Last analyzed: May 9, 2026
NeuBase Therapeutics, Inc. is a pre-clinical-stage biopharmaceutical company focused on developing therapies for rare genetic diseases and cancers. Their proprietary PATrOL platform targets mutant genes, offering potential treatments for conditions like Huntington's disease and myotonic dystrophy.

Analyst Coverage for NBSE: NBSE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NBSE against Healthcare peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the NBSE film Every key number, told as a short cinematic story — just press play. ~2 min

NeuBase Therapeutics, Inc. (NBSE) Healthcare & Pipeline Overview

CEOTodd P. Branning
Employees37
HeadquartersPittsburgh, PA, US
IPO Year2004

NeuBase Therapeutics, Inc. is a pre-clinical-stage biopharmaceutical company specializing in therapies for rare genetic diseases and cancers, utilizing its proprietary PATrOL platform to target mutant genes. The company focuses on addressing Huntington's disease, myotonic dystrophy, and KRAS-mutated cancers, positioning itself within the competitive biotechnology landscape.

Data Provenance | Financial Data Quantitative Analysis Analysis: May 9, 2026

What Is the Investment Thesis for NBSE?

AI-written as of May 9, 2026 — figures and tone reflect the data available then, not today's score.

NeuBase Therapeutics, Inc. presents a high-risk, high-reward investment opportunity due to its pre-clinical stage and focus on novel therapies for rare genetic diseases and cancers. The company's proprietary PATrOL platform offers a unique approach to targeting mutant genes, potentially addressing diseases with limited treatment options. Key value drivers include the successful advancement of lead programs NT0100, NT0200, and NT0300 through clinical trials, securing regulatory approvals, and establishing partnerships with larger pharmaceutical companies. Upcoming catalysts include the initiation of Phase 1 clinical trials for NT0100 in Huntington's disease, anticipated to begin in late 2026 or early 2027, and the progression of NT0200 and NT0300 through preclinical development. The company's valuation is highly dependent on the clinical trial outcomes and regulatory milestones. Potential risks include clinical trial failures, regulatory setbacks, competition from other gene therapy companies, and the need for additional funding to support ongoing research and development. A successful outcome could result in significant returns, while failure could lead to substantial losses.

Based on FMP financials and quantitative analysis

NBSE Key Highlights

AI-written as of May 9, 2026 — figures and tone reflect the data available then, not today's score.

NeuBase Therapeutics is a pre-clinical-stage biopharmaceutical company focused on developing therapies for rare genetic diseases and cancers.

  • The company's proprietary PATrOL platform targets mutant genes, offering potential treatments for conditions like Huntington's disease and myotonic dystrophy.
  • Lead programs include NT0100 for Huntington's disease, NT0200 for myotonic dystrophy type 1, and NT0300 for KRAS-mutated cancers.
  • NeuBase Therapeutics is headquartered in Pittsburgh, Pennsylvania, where its research and development activities are concentrated.
  • The company's market capitalization is $1.42M, reflecting its pre-clinical stage and speculative valuation.

Who Are NBSE's Competitors?

NBSE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
RLYB Rallybio Corporation $16.75 -1.30% $88.9M 825-pillar
ICCC ImmuCell Corporation $9.91 +0.05% $89.7M 775-pillar
ORMP Oramed Pharmaceuticals Inc. $4.74 -0.38% $194M 785-pillar
NAGE Niagen Bioscience Inc $3.04 -0.49% $242M 665-pillar
QTTB Q32 Bio Inc. $10.93 +1.96% $325M 685-pillar
NWPHF Newron Pharmaceuticals S.p.A. $20.00 0.00% $416M 689-signal
CRMD CorMedix Inc. $7.96 -0.06% $624M 885-pillar
MDXG MiMedx Group, Inc. $4.60 -1.71% $671M 875-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are NBSE's Key Strengths?

Proprietary PATrOL platform technology.

  • Focus on rare genetic diseases with high unmet medical needs.
  • Strong intellectual property protection for its therapies.
  • Experienced management team with expertise in drug development.

What Are NBSE's Weaknesses?

Pre-clinical stage company with no approved products.

  • Limited financial resources.
  • High dependence on the success of its lead programs.
  • Lack of commercialization experience.

What Could Drive NBSE Stock Higher?

NBSE catalyst: Initiation of Phase 1 clinical trials for NT0100 in Huntington's disease (anticipated in late 2026 or early 2027).

  • Progression of NT0200 through preclinical development.
  • Advancement of NT0300 through preclinical studies.
  • Potential strategic partnerships with larger pharmaceutical companies.

What Are the Key Risks for NBSE?

Financial-distress signal — its Altman Z-Score of -10.58 sits in the distress zone (elevated bankruptcy risk).

  • Negative return on equity (-88.6%) — the business is not currently generating profit on shareholder capital.
  • Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
  • Clinical trial failures for NT0100, NT0200, or NT0300.
  • Regulatory setbacks in obtaining approvals from the FDA or EMA.
  • Competition from other gene therapy companies.
  • Need for additional funding to support ongoing research and development.
  • Intellectual property challenges or infringement claims.

What Are the Growth Opportunities for NBSE?

  • Expansion into New Therapeutic Areas: NeuBase Therapeutics has the opportunity to leverage its PATrOL platform to develop therapies for additional rare genetic diseases and cancers. By expanding its pipeline, the company can diversify its risk and increase its potential market reach. The market for rare disease therapies is projected to reach $258.7 billion by 2028, growing at a CAGR of 11.4% from 2021. This growth is driven by increasing awareness of rare diseases and the development of new diagnostic tools. Timeline: Ongoing, with new programs initiated as research progresses.
  • Strategic Partnerships and Collaborations: Forming partnerships with larger pharmaceutical companies can provide NeuBase with access to additional funding, expertise, and resources to accelerate the development and commercialization of its therapies. Collaborations can also help the company expand its market reach and access new patient populations. The value of pharmaceutical collaborations and licensing deals reached $447 billion in 2023. Timeline: Ongoing, with potential partnerships to be established as programs advance through clinical trials.
  • Advancement of Lead Programs Through Clinical Trials: The successful completion of clinical trials for NT0100, NT0200, and NT0300 is critical to the company's growth and valuation. Positive clinical trial results can lead to regulatory approvals and commercialization, generating significant revenue for the company. The global market for Huntington's disease therapeutics is projected to reach $1.4 billion by 2028. Timeline: Upcoming, with Phase 1 clinical trials for NT0100 anticipated to begin in late 2026 or early 2027.
  • Securing Regulatory Approvals: Obtaining regulatory approvals from agencies such as the FDA and EMA is essential for the commercialization of NeuBase's therapies. Regulatory approvals can provide the company with market exclusivity and generate significant revenue. The cost to bring a new drug to market is estimated to be $2.6 billion, including the cost of clinical trials and regulatory submissions. Timeline: Dependent on clinical trial outcomes, with potential approvals expected in the late 2020s or early 2030s.
  • Expansion into Personalized Medicine: NeuBase Therapeutics can leverage its PATrOL platform to develop personalized therapies tailored to individual patients based on their specific genetic mutations. Personalized medicine is a rapidly growing field, with the global market projected to reach $4.2 trillion by 2030. This growth is driven by advancements in genomics and proteomics, as well as the increasing availability of personalized diagnostic tools. Timeline: Long-term, with potential applications to be explored as the company's platform matures.

What Are NBSE's Competitive Advantages?

  • Proprietary PATrOL platform technology.
  • Focus on rare genetic diseases with limited treatment options.
  • Strong intellectual property protection for its therapies.
  • First-mover advantage in developing PATrOL-based therapies.

What Does NBSE Do?

NeuBase Therapeutics, Inc., established as a pre-clinical-stage biopharmaceutical company, is dedicated to the development of innovative therapies for rare genetic diseases and various forms of cancer. The company's core technology revolves around its proprietary modular peptide-nucleic acid antisense oligo (PATrOL) platform, which is engineered to target and neutralize mutant genes responsible for these diseases. Founded with the vision of addressing unmet medical needs in genetic disorders and oncology, NeuBase has strategically focused its research and development efforts on specific disease areas with significant patient populations and limited treatment options. The company's lead programs are designed to address Huntington's disease (HD), myotonic dystrophy type 1 (DM1), and cancers driven by mutations in the KRAS gene. NT0100, a PATrOL-enabled anti-gene therapy, is being developed for the treatment of Huntington's disease, a progressive neurodegenerative disorder. NT0200, another PATrOL-enabled anti-gene therapy, targets myotonic dystrophy type 1, a form of muscular dystrophy. NT0300 is a PATrOL-enabled therapeutic designed to target the mutated KRAS gene, which is implicated in various cancers. NeuBase Therapeutics operates primarily from its headquarters in Pittsburgh, Pennsylvania, where its research and development activities are concentrated. As a pre-clinical-stage company, NeuBase is focused on advancing its lead programs through preclinical studies and preparing for clinical trials. The company's long-term success depends on the successful development and commercialization of its PATrOL-based therapies, as well as its ability to secure regulatory approvals and establish strategic partnerships.

What Products and Services Does NBSE Offer?

  • Develop therapies for rare genetic diseases.
  • Focus on treating cancers caused by mutant genes.
  • Utilize a proprietary PATrOL platform to target mutant genes.
  • Develop anti-gene therapies for Huntington's disease (NT0100).
  • Develop anti-gene therapies for myotonic dystrophy type 1 (NT0200).
  • Develop therapeutic treatments targeting the mutated KRAS gene (NT0300).

How Does NBSE Make Money?

  • Develops proprietary therapies based on the PATrOL platform.
  • Out-licenses or partners with larger pharmaceutical companies for commercialization.
  • Generates revenue through milestone payments and royalties on sales of approved therapies.

What Industry Does NBSE Operate In?

NeuBase Therapeutics operates within the biotechnology industry, a sector characterized by rapid innovation, high risk, and significant potential for reward. The industry is driven by advancements in genomics, proteomics, and other areas of molecular biology, leading to the development of novel therapies for previously untreatable diseases. The competitive landscape includes established pharmaceutical companies, as well as numerous smaller biotechnology firms, all vying for market share in specific therapeutic areas. NeuBase's focus on rare genetic diseases and cancers positions it within a niche market with potentially high unmet medical needs. The global biotechnology market is projected to reach $3.88 trillion by 2030, growing at a CAGR of 12.3% from 2023, driven by increasing demand for personalized medicine and gene therapies.

Who Are NBSE's Key Customers?

  • Patients with rare genetic diseases such as Huntington's disease and myotonic dystrophy.
  • Patients with cancers caused by mutations in the KRAS gene.
  • Pharmaceutical companies seeking to license or acquire novel therapies.
Model self-rating on this text: 66% (not a measure of the evidence) Updated: May 9, 2026

Research confidence

Low 0/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 15 days old
  • No filing on record
  • No analyst coverage
  • This is an unknown, not an operating company

Company Profile

NeuBase Therapeutics, Inc. operates in the Biotechnology industry within the Healthcare sector. It is headquartered in Pittsburgh, US. The company is led by CEO Todd P. Branning. NBSE has traded publicly since 2004.

F-Score 2/9

Financial Health

NeuBase Therapeutics, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -10.58 places it in the distress zone, a signal of elevated financial risk.

ROE -89%

Key Financial Metrics

Return on equity for NeuBase Therapeutics, Inc. stands at -88.6%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 5.92 indicates the company holds enough short-term assets to cover its near-term obligations.

NBSE Valuation & Market Position

With a $1.42M market cap, NeuBase Therapeutics, Inc. sits in the micro-cap segment of the market.

FY2026 est

Forward Outlook

Wall Street analysts project NeuBase Therapeutics, Inc. revenue of about $6.0M for fiscal 2026, with EPS near $-1.57.

Net selling

Insider Activity

The most recent 12 insider filings for NeuBase Therapeutics, Inc. break down as 11 sales and 1 purchases. On net that is roughly 428K shares disposed (about $653K), a signal worth weighing alongside the fundamentals.

NBSE Financials

Fundamental Snapshot

Return on Equity (TTM)
-88.6%
Current Ratio
5.9

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Proprietary PATrOL platform technology.
  • Focus on rare genetic diseases with high unmet medical needs.
  • Strong intellectual property protection for its therapies.
  • Experienced management team with expertise in drug development.

Bear Case

  • Pre-clinical stage company with no approved products.
  • Limited financial resources.
  • High dependence on the success of its lead programs.
  • Lack of commercialization experience.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · May 2026

NBSE Latest News

Leadership: Todd P. Branning

CEO

Todd P. Branning serves as the Chief Executive Officer of NeuBase Therapeutics, Inc. His background includes extensive experience in the biopharmaceutical industry, with a focus on corporate strategy, business development, and financial management. Prior to joining NeuBase, Branning held leadership positions at various biotechnology companies, where he was responsible for driving growth and executing strategic initiatives. He has a proven track record of successfully raising capital, forging partnerships, and advancing drug development programs. Branning's expertise spans across multiple therapeutic areas, including oncology, neurology, and rare diseases. His educational background includes advanced degrees in business and science.

Track Record: Under Todd P. Branning's leadership, NeuBase Therapeutics has focused on advancing its PATrOL platform and lead programs through preclinical development. He has overseen the expansion of the company's pipeline and the strengthening of its intellectual property portfolio. Branning has also been instrumental in securing funding to support the company's research and development activities. Key milestones under his tenure include the advancement of NT0100 towards clinical trials and the expansion of the company's scientific team.

Common Questions About NBSE (Healthcare)

What happened to NeuBase Therapeutics, Inc. (NBSE) stock?

NeuBase Therapeutics, Inc. (NBSE) no longer trades on public markets. It was delisted in May 2024. The figures below are historical and are not a current quote.

Can I still buy NBSE shares?

No. NBSE stopped trading on public markets in May 2024, so the shares are not available through a broker. Anything you see quoted for NBSE elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before NBSE stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to NeuBase Therapeutics, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does NeuBase Therapeutics, Inc. do?

NeuBase Therapeutics, Inc. is a pre-clinical-stage biopharmaceutical company focused on developing therapies for rare genetic diseases and cancers. The company's core technology is its proprietary PATrOL platform, which is designed to target and neutralize mutant genes responsible for these diseases. Their lead programs include NT0100 for Huntington's disease, NT0200 for myotonic dystrophy type 1, and NT0300 for KRAS-mutated cancers.

What do analysts say about NBSE stock?

As of 2026-05-09, NeuBase Therapeutics, Inc. (NBSE) has no established analyst coverage due to its pre-clinical stage and lack of revenue-generating products. The company's valuation is speculative and based on the potential of its PATrOL platform and lead programs.

What are the main risks for NBSE?

NeuBase Therapeutics, Inc. faces several significant risks inherent to its pre-clinical stage and focus on novel therapies. Clinical trial failures represent a major risk, as the company's lead programs may not demonstrate efficacy or safety in human trials.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data and may be subject to change.
  • The company is a pre-clinical-stage biopharmaceutical company, and its future success is highly uncertain.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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