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FDA Grants Fast Track Status to Quoin’s QRX003—Potential Milestone for Netherton Syndrome Patients
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Quoin Pharmaceuticals Ltd is a clinical stage specialty pharmaceutical company focused on developing and commercializing therapeutic products that treat rare and orphan diseases. Its pipeline comprises three products that collectively have the potential to target a broad number of rare and orphan indications, including Netherton Syndrome, Peeling Skin Syndrome, Palmoplantar Keratoderma, Epidermolysis Bullosa, and others.
Quoin Pharmaceuticals Ltd. - American Depositary Shares trades on the NASDAQ stock market under the symbol QNRX.
As of April 1, 2026, QNRX stock price declined to $6.30 with 28,688 million shares trading.
QNRX has a beta of -0.77, meaning it tends to be less sensitive to market movements. QNRX has a correlation of 0.01 to the broad based SPY ETF.
QNRX has a market cap of $10.18 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, QNRX traded as high as $420.00 and as low as $5.01.
QNRX has underperformed the market in the last year with a price return of -19.6% while the SPY ETF gained +18.8%. QNRX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -56.3% and -22.6%, respectively, while the SPY returned -3.4% and -1.8%, respectively.
QNRX support price is $6.25 and resistance is $6.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QNRX shares will trade within this expected range on the day.