Firstly - I am a share-holder of Incannex. I post this here as I believe Incannex’s progress will be of interest to Resmed’s investors. In-particular, Incannex’s sleep apnea clinical trials of IHL-42x. Maybe just maybe, Resmed might one day want a big piece of this company and its sleep apnea “pill” solution. If successful I see the drug IHL-42x working in conjunction or as an alternative to the CPAP machine.
Website – Currently being updated for a re-launch - https://incannex.com.au/
Broker thoughts - https://canarycapital.com.au/incannex-2/
Personal investor thoughts - https://tradingformillions.com/were-back-folks-why-incannex-healthcare-is-growing-into-the-next-billion-dollar-behemoth/
Business summary – Picture below - Dark blue section of the business.
If anyone feels this is cross promotion, well maybe it is, however I though it would be of interest for Resmed to know it’s competitors or future takeover target.
Takeover Target Potential?
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