Sep. 7 at 6:36 AM
Ok...so you fumbled the bag
Grow up with all that bitchassness ✌️
PSX-001 (Psi-GAD):
Incannex reported positive Phase 2 results for its treatment of generalized anxiety disorder, with the trial meeting all key endpoints.
IHL-42X for Obstructive Sleep Apnea (OSA):
The company released positive patient-reported outcomes and topline efficacy data from its Phase 2 RePOSA trial. The data showed a significant reduction in the Apnoea-Hypopnoea Index (AHI) and a positive safety profile.
Financial and Corporate News
Share Buyback Program:
Incannex authorized a
$20 million share repurchase program, indicating confidence in the company's financial position.
Financials:
The company reported a strong cash position and reduced net losses for the third quarter of fiscal year 2025.
FDA Engagement:
Incannex is preparing for an End-of-Phase 2 meeting with the FDA to discuss the path forward to Phase 3 trials.
Phase 3 planning for the IHL-42X drug is underway in AMERICA 🇺🇸
$IXHL