PAA 2.63% 19.5¢ pharmaust limited

ASX Announcement located, Thanks Buckland 22 December 2023 –...

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    ASX Announcement located, Thanks Buckland

    22 December 2023 – Perth, Australia: PharmAust Limited (ASX: PAA & PAAOA) (“PharmAust” or “the
    Company”), a clinical-stage biotechnology company, is pleased to announce that FightMND, Australia’s leading
    not-for-profit foundation for Motor Neurone Disease Research has invited PharmAust to submit a full grant
    application to help cover costs of its planned Phase 2 study due to begin in H1 2024.

    Early this month PharmAust submitted a Letter of Intent to FightMND in response to their call for clinical study
    proposals as part of their Phase 2/3 clinical trial and expanded access program for novel, high-potential treatments
    in Motor Neurone Disease/Amyotrophic Lateral Sclerosis (MND/ALS) within the Australian Clinical Trials
    Consortium of hospitals. Associate Professor Susan Mathers will be the principal investigator.

    The call for clinical study proposals is intended for academic-industry partnerships including but not limited to
    pharmaceutical, bio-therapeutic/ biotechnology companies, academic institutions and universities, hospitals, and
    MND researchers throughout the world. Up to AUD $1,800,000 in support from FightMND is available per grant.
    PharmAust has been notified by FightMND that its Letter of Intent was successfuland invited PharmAust to submit
    a full application by the 24th of March 2024
    . Successful recipients will be notified in July 2024.



    So another possible $1.8m in July ,, of non dilutive funding ...
    Last edited by NZ Trader: 20/06/24
 
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