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Actinogen Medical Calls for Shareholder Meeting Amid Promising Trial Results

Story Highlights
  • Actinogen Medical will hold a general meeting for shareholders on March 14, 2025.
  • The company advances Xanamem trials, showing promise in Alzheimer’s and depression treatment.
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Actinogen Medical Calls for Shareholder Meeting Amid Promising Trial Results

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Actinogen Medical Limited ( (AU:ACW) ) has issued an announcement.

Actinogen Medical Limited announced a General Meeting of Shareholders scheduled for March 14, 2025, encouraging participation through proxy forms and pre-submitted questions to facilitate a productive session. The company is advancing its clinical trials for Xanamem, a novel therapy targeting elevated cortisol levels in the brain, which has shown promising results in treating Alzheimer’s and depression, potentially impacting the market for neurological disease treatments.

More about Actinogen Medical Limited

Actinogen Medical Limited is an ASX-listed biotechnology company focused on developing therapies for neurological and neuropsychiatric diseases linked to dysregulated brain cortisol. Their lead compound, Xanamem, is being developed as a potential treatment for Alzheimer’s Disease and Depression, with future studies planned for Fragile X Syndrome and other conditions.

YTD Price Performance: 25.00%

Average Trading Volume: 258,775

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $60.89M

For an in-depth examination of ACW stock, go to TipRanks’ Stock Analysis page.

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