ZombieHealthcare

What Happened to Coeptis Therapeutics Holdings?

Ticker: COEPSPAC Year: 2020

Return

+10.6%

Current Price

$1

Peak Price

$428.4

Trust Size

$16M

Summary

Co-Diagnostics develops molecular diagnostics products, including PCR-based tests for infectious diseases, using its proprietary CoPrimer technology platform.

What Happened

Co-Diagnostics gained prominence during the COVID-19 pandemic for its PCR testing technology. The company went public and has been developing non-COVID diagnostic products using its CoPrimer platform, which offers improved accuracy over standard PCR. However, as pandemic testing demand waned, revenue declined sharply, leading to going concern warnings.

Timeline

2020-10-13

S-1 Registration Filed