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Argent BioPharma Issues New Shares to Bolster Clinical Advancements

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Argent BioPharma Issues New Shares to Bolster Clinical Advancements

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An announcement from Argent Biopharma ( (AU:RGT) ) is now available.

Argent BioPharma has announced the issuance of 2,252,381 fully paid ordinary shares, which are exempt from certain disclosure requirements under the Corporations Act 2001. This move aligns with the company’s compliance with regulatory provisions, ensuring transparency and informed investor decisions. The issuance is part of Argent BioPharma’s strategy to advance its clinical programs and strengthen its market position in addressing urgent medical needs.

More about Argent Biopharma

Argent BioPharma Ltd. (ASX: RGT) is a clinical-stage biopharmaceutical company focused on developing nano-engineered medicines that address the balance between the nervous and immune systems. The company’s lead candidates, CannEpil® and CimetrA®, are designed to treat drug-resistant epilepsy and cytokine-driven inflammatory and autoimmune disorders, respectively. Argent BioPharma utilizes proprietary delivery platforms to enhance drug efficacy and protection, with a focus on unmet needs in central nervous system and systemic inflammation.

Average Trading Volume: 98,425

Technical Sentiment Signal: Sell

Current Market Cap: A$8.68M

See more data about RGT stock on TipRanks’ Stock Analysis page.

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