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LABTNASDAQMarket closedOpens 9:30am ET

Lakewood-Amedex Biotherapeutics, Inc.

$1.67Last updated
-$0.16 (8.49%)Past day
Timezone

Lakewood-Amedex Biotherapeutics, Inc. (NASDAQ: LABT) is trading at $1.67, about ₹160 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 8.49% today. Indian residents can buy Lakewood-Amedex Biotherapeutics from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$1.73
Previous close:$1.83
Volume:174.16K

Today's low

$1.63

Today's high

$1.78

52 week low

$1.63

52 week high

$98.20

LABT opened at $1.73, closed previously at $1.83, and has traded between $1.63 and $98.20 over the past 52 weeks.

About

Lakewood-Amedex Biotherapeutics, Inc. operates as a clinical-stage biotechnology company that develops antimicrobial products in the United States. The company offers products from its Bisphosphocin class, a novel class of antimicrobial agents a broad range of infections, including those affecting the skin, bladder, and lungs. It also develops Nu-3, a topical antimicrobial for infected diabetic foot ulcers, which is in Phase 2b clinical trial. The company was formerly known as Lakewood-Amedex Inc. and changed its name to Lakewood-Amedex Biotherapeutics, Inc. in June 2025. Lakewood-Amedex Biotherapeutics, Inc. was incorporated in 2006 and is headquartered in University Park, Florida.

Country
US
CEO
Kelvin Cooper
Exchange listed on
NASDAQ
Industry
Biotechnology
Base currency
USD
Full Time Employees
5
Sector
Healthcare
IPO date
23/04/2026

Key statistics

Avg. volume

1.41M

Market cap

$2.92M

P/E Ratio

-0.17

Price-to-sales ratio

0.00

Enterprise value

$440.44K

Free cash flow yield

-119.23%

Debt-to-equity ratio

0.02

Return on equity

1687.68%

ROIC

-163.98%

Beta

-4.76

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$0.00

Earnings per share

-$2.76

Free cash flow

-$1.94M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$3.63M

Revenue growth

—

How to buy Lakewood-Amedex Biotherapeutics from India

Indian residents can buy Lakewood-Amedex Biotherapeutics shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Lakewood-Amedex Biotherapeutics and place an order

    Find Lakewood-Amedex Biotherapeutics by name or by its ticker, LABT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Lakewood-Amedex Biotherapeutics trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Lakewood-Amedex Biotherapeutics position in USD and INR. Lakewood-Amedex Biotherapeutics pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Lakewood-Amedex Biotherapeutics from India

Trading and taxes when buying Lakewood-Amedex Biotherapeutics from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneLakewood-Amedex Biotherapeutics does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Lakewood-Amedex Biotherapeutics stock?

Yes. Lakewood-Amedex Biotherapeutics (LABT) has been listed on NASDAQ since 2026, in the Biotechnology industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Lakewood-Amedex Biotherapeutics share cost in rupees?

One Lakewood-Amedex Biotherapeutics share is $1.67 — about ₹160 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Lakewood-Amedex Biotherapeutics price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Lakewood-Amedex Biotherapeutics from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Lakewood-Amedex Biotherapeutics?

Yes. One Lakewood-Amedex Biotherapeutics share is $1.67, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Lakewood-Amedex Biotherapeutics.

How are gains on Lakewood-Amedex Biotherapeutics shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Lakewood-Amedex Biotherapeutics price. Paasa issues a capital-gains statement for your return.

Does Lakewood-Amedex Biotherapeutics pay a dividend?

No. Lakewood-Amedex Biotherapeutics does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Lakewood-Amedex Biotherapeutics from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Lakewood-Amedex Biotherapeutics shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Lakewood-Amedex Biotherapeutics shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Lakewood-Amedex Biotherapeutics holding, its cost and its closing value.

How do I sell Lakewood-Amedex Biotherapeutics and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.