NEU neuren pharmaceuticals limited

Ann: Update - Notification of buy-back - NEU, page-28

  1. 547 Posts.
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    well.the study was withdrawn a couple of days ago and that is no small detail.

    https://clinicaltrials.gov/study/NCT05879614

    Cornerstone support from leading institutional healthcare investors, with total
    applications from new and existing shareholders far exceeding A$20 million
    • Share Purchase Plan at $2.05 per share for eligible shareholders in Australia and NZ to
    raise up to a further A$2m
    • Funds raised enable Neuren to accelerate NNZ-2591 towards Phase 3 in four
    indications:
    o Phase 2 clinical trial for Prader-Willi syndrome, following recent grant of
    Orphan Drug designation by FDA
    o Phase 3 preparation in parallel with Phase 2 trials – applicable across
    Prader-Willi, Phelan-McDermid, Angelman and Pitt Hopkins syndromes

    after three years of phase 3 there is still no trace and PW withdrawn.

    for those of us who have historical memory, I remember that some institutional in September 2021, subscribed to a capital increase of more than 20 million dollars to accelerate the PW study along with the rest that we know. perhaps that someone who subscribed was disappointed to have learned only verbally and not with an official document as was the case for the success of PMD, Pitt and Angelman, the suspension of the PW trial. now even withdrawn....mahhh
 
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