Percheron Therapeutics Reports Increased Annual Loss

Antisense Therapeutics Limited (AU:PER) has released an update.

Percheron Therapeutics Limited has reported a 4.7% increase in its annual loss to $11,919,223 for the fiscal year ending June 30, 2024, primarily due to costs associated with advancing their phase IIb clinical trial for Duchenne muscular dystrophy. The company also noted a decrease in net tangible assets per share from $1.47 to $1.03, and confirmed that no dividends have been paid or declared during this period.

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