bb cant wait liao, 40 easily hit
tofudidi ( Date: 13-Apr-2026 14:21) Posted:
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wait for 40c to come. may see it this week or even later closing. very strong buy.  
SmallSmall ( Date: 13-Apr-2026 14:16) Posted:
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Maybe other short but not me. No time monitor
goldenpiggy ( Date: 13-Apr-2026 14:07) Posted:
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Gemini AI
iX Biopharma (SGX:42C) is currently experiencing a significant re-rating, with its stock price surging  +7.58% today, 13 April 2026, to  S$0.355. 
iX Biopharma (SGX:42C) is currently experiencing a significant re-rating, with its stock price surging  +7.58% today, 13 April 2026, to  S$0.355. 
This momentum follows a landmark research report from  Phillip Securities  on 10 April 2026, which issued a  S$1.00 target price&mdash nearly 3x the current trading level&mdash highlighting the stock as a " Year of the Unicorn" pick. 
 
Financial Snapshot
 
IX Biopharma Ltd (42C)
$0.355
 
As of 13 Apr, 2:15 pm SGT  &bull   Disclaimer
 
Prev close $0.33
13 Apr 2026 9:00 am - 2:15 pm
 
 
Key Inflection Points
- DoD Validation & Funding: In February 2026, iX Biopharma secured a  US$41 million contract  from the  US Department of Defense (DoD)  to fully fund the Phase 3 clinical development of its lead drug,  Wafermine.
- Near-Term Revenue Pathways:
- Emergency Use Authorisation (EUA): The DoD funding supports an EUA pathway, potentially allowing immediate sale and battlefield deployment of Wafermine as early as  1Q 2027, ahead of full FDA approval.
- US Compounding Pharmacy: A recent joint venture with US-based Orion Specialty Labs provides entry into the world' s largest compounding pharmacy market.
- Grant Inflows: Non-dilutive grant funding from the DoD provides immediate capital without further shareholder dilution.
- Late-Stage Progress: Wafermine has completed Phase 2b trials with strong results, and the DoD' s " sole-source" procurement indicates they view iX Biopharma as uniquely capable of delivering this non-opioid pain solution.
- Improving Fundamentals: The company reduced its net loss by  67% year-on-year  for 1H FY2026 and successfully upsized a private placement to  S$15 million  due to strong institutional demand. 
www.theedgesingapore.com  +8
 
 
 
Analyst Outlook
Phillip Securities  values the company at  S$1.00 per share  using a sum-of-the-parts (SOTP) approach, even after applying a  40% discount  to the net present value of Wafermine to account for clinical risks. Analysts see multiple exit or monetisation routes, including full commercial launch, out-licensing, or an outright sale of the asset. 
Would you like to see a  detailed breakdown  of the Wafermine Phase 2b clinical results or more info on the  compounding pharmacy joint venture?
 
 
 
 
 
Who are biting the 355? 360-370 fake sell queues?
Stocky901 ( Date: 13-Apr-2026 14:08) Posted:
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iX Biopharma is still trading at a heavily discounted valuation despite being at a clear inflection point, with US Department of Defense-backed funding, late-stage progress of its lead drug Wafermine, and multiple near-term revenue pathways already emerging. As clinical milestones are delivered and the market starts pricing in real commercial potential rather than early-stage risk, the stock could undergo a significant re-rating toward analyst fair value
Today&rsquo s price may represent a rare early-entry opportunity before institutional recognition drives it higher. 
Today&rsquo s price may represent a rare early-entry opportunity before institutional recognition drives it higher. 
Clearing 36c now .should be all the way to hit 40c .. ✌ ️
then after that another round of shorting.....
piscesmonkey ( Date: 13-Apr-2026 14:02) Posted:
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More likey short cover
JurongW ( Date: 13-Apr-2026 13:59) Posted:
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Digesting 355-360, can 365 hold?
JurongW ( Date: 13-Apr-2026 13:59) Posted:
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Very impressive, buyers come in to push up share price.
Now it shows a hammer. It was ice cream pattern in the morning.
Now it shows a hammer. It was ice cream pattern in the morning.
SmallSmall ( Date: 13-Apr-2026 13:55) Posted:
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backside black black
piscesmonkey ( Date: 13-Apr-2026 13:40) Posted:
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I no die hard. 😁
SmallSmall ( Date: 13-Apr-2026 13:55) Posted:
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$0.35 clear ! You say leh? Shortists die round 2
JurongW ( Date: 13-Apr-2026 13:52) Posted:
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Based on your speciial " gut feel" technical indicator? 
tofudidi ( Date: 13-Apr-2026 13:51) Posted:
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same BB
tofudidi ( Date: 13-Apr-2026 13:51) Posted:
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same style as MT last time. 30c nobody wanna touch. after that skyrocket to $1-$2 range
Its ATH was about 49.  How did u arrive at 60?  Care to share your analysis?
Sgvale ( Date: 13-Apr-2026 13:43) Posted:
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40c next hurdle. strong target price $1
hahaha.. very good deal liao weak hands all out liao. left the strong hands
piscesmonkey ( Date: 13-Apr-2026 13:40) Posted:
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