An announcement from Dimerix Limited ( (AU:DXB) ) is now available.
Dimerix Limited announced that its CEO, Dr. Nina Webster, will present at the Euroz Hartleys Institutional Conference, highlighting the company’s progress in developing DMX-200, a Phase 3 clinical asset for kidney disease. The announcement underscores Dimerix’s strategic positioning in addressing unmet medical needs in the kidney disease market, particularly with its focus on FSGS, a rare and severe condition with limited treatment options. The company’s efforts are bolstered by Orphan Drug Designation in the US and Europe, which provides incentives for developing treatments for rare diseases.
More about Dimerix Limited
Dimerix Limited is a clinical-stage biopharmaceutical company focused on developing innovative therapies for inflammatory diseases, including kidney and respiratory diseases. The company is advancing its proprietary Phase 3 product candidate DMX-200 for Focal Segmental Glomerulosclerosis (FSGS) and DMX-700 for respiratory disease, utilizing its Receptor Heteromer Investigation Technology (Receptor-HIT) platform.
YTD Price Performance: 16.18%
Average Trading Volume: 2,454,609
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$220.7M
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