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Invex Therapeutics Faces Potential Board Changes

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Invex Therapeutics Faces Potential Board Changes

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Invex Therapeutics Ltd. ( (AU:IXC) ) has shared an update.

Invex Therapeutics Ltd has received notices from Celtic Capital Pte Ltd, which holds more than 5% of the company’s voting shares, requesting a general meeting to consider the removal of two directors. If the notices are valid, the company must hold the meeting within two months, potentially impacting its governance and strategic direction.

More about Invex Therapeutics Ltd.

Invex Therapeutics Ltd is a biopharmaceutical company that focuses on repurposing the approved drug Exenatide for treating neurological conditions associated with raised intracranial pressure. The company has trademarked this repurposed drug as Presendin™.

Average Trading Volume: 51,105

Technical Sentiment Signal: Buy

Current Market Cap: A$7.52M

For a thorough assessment of IXC stock, go to TipRanks’ Stock Analysis page.

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