SPL

STARPHARMA FPO [SPL]
Starpharma Holdings Limited, a biopharmaceutical company, engages in the research, development and commercialization of dendrimer technology for pharmaceutical, healthcare applications, life science, and other applications in Australia and internationally. The company's products include VivaGel BV, a non-antibiotic vaginal gel for the treatment of bacterial vaginosis (BV) and prevention of recurrent BV; VIRALEZE, an antiviral nasal spray; and VivaGel condom, an antiviral condom coating. It also involved in the development of a dendrimer-enhanced product (DEP) delivery platform, consisting of DEP SN38 for the treatment of ovarian and colorectal cancer that is in Phase II clinical trial; DEP cabazitaxel for prostate and ovarian cancer treatment that is in Phase II clinical trial; and DEP docetaxel to treat pancreatic and other cancers that is in Phase II clinical trial. In addition, the company is developing DEP HER2 radiodiagnostic and DEP HER2 ADC to treat solid tumors; DEP technology for antibody-drug conjugates; SPL7013 for vaginal gel, a treatment of bacterial vaginosis and prevention of recurrent BV, and an antiviral condom; and DEP HER2 radiodiagnostic. It has a collaboration agreement with Medicxi to develop petalion therapeutics, a novel cancer therapy using Starpharma's dendrimer technology. Starpharma Holdings Limited was incorporated in 1997 and is headquartered in Abbotsford, Australia.
Healthcare · ASX Small Cap
$0.7000 -1.4%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Volume surging at 2.3x normal while price falls — heavy selling pressure
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (86 quarters)
  • Strong revenue growth (+360%)
  • Substantial holder(s) ceased (1)
  • Rights issue announced - significant dilution
  • Dilution velocity warning (4 raises recently)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM I: Institutional ownership (25%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 204% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.0 means strong gains without wild swings
  • Revenue growing at +360% — the top line is moving in the right direction
  • Elevated dilution risk (4 recent capital raises)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 8d (+5pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Deeply negative margins (-22%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.33%/day)
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Recent Catalysts

HIGH Ceasing to be a substantial holder
NONE Entitlement Offer Booklet
NONE Cleansing Notice
NONE Proposed issue of securities - SPL
LOW Entitlement Offer Investor Presentation

Recent ASX Announcements

2026-07-21 Ceasing to be a substantial holder
2026-07-16 Entitlement Offer Booklet
2026-07-14 Cleansing Notice
2026-07-14 Proposed issue of securities - SPL
2026-07-14 Entitlement Offer Investor Presentation PRICE SENSITIVE

Key Metrics

$306.8M
Market Cap
1.1M
Avg Volume
2.3x
Vol Ratio
$0.09 — $0.79
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-14.5%
ROE
-22.2%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandneutralFloat: 68%
LLeader vs LaggardlaggardRS: -0
IInstitutional SponsorshippassInst: 26%
MMarket DirectionneutralNeutral

Sector: Healthcare

101 tickers in this sector

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