Funding And Financial PositionWith a cash balance of $14.2M and access to $22M on its ATM facility, there should be sufficient funding into 2027.
Partnership MilestonesThe relationship with Merck around MK-1167 made progress with the start of a P2 trial in Alzheimer's disease, triggering a $15M milestone to Neuphoria.
Strategic DevelopmentsThe company is conducting a strategic review to explore additional opportunities for BNC210 to maximize shareholder value.