Invex Therapeutics Ltd. (AU:IXC) has released an update.
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Invex Therapeutics Ltd. is navigating a challenging period following the early closure of its Phase III clinical trial for Presendin™, due to market and pricing challenges. The company has restructured to focus on pre-clinical development for other conditions like traumatic brain injury and glaucoma. Invex also returned $14 million to shareholders, maintaining financial flexibility while exploring new strategic opportunities.
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