Incannex reports fiscal Q3 2025 results and clinical progress
Net loss narrows to $3.97 million from $6.03 million; IHL-42X Phase 2 dosing is complete with topline data expected July 2025.
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Clinical-stage pharmaceutical company developing combination medicines
incannex.comLast updated
In short: Incannex completed RePOSA, dosed DReAMzz’s first patient and received FDA Fast Track designation for IHL-42X.
Net loss narrows to $3.97 million from $6.03 million; IHL-42X Phase 2 dosing is complete with topline data expected July 2025.
Net loss was $6.3 million versus $4.3 million a year earlier, with cash of $2.1 million and positive IHL-42X pharmacokinetic results.
Net loss widens to $5.4 million from $0.7 million, cash falls to $3.6 million, and it appoints Lou Barbato as chief medical officer.
The company also reports positive Phase 2 results for PSX-001 and begins dosing in the IHL-42X Phase 2/3 trial.
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