Incannex’s US redomicile is now complete – what’s next?
Healthcare
Incannex’s US redomicile is now complete – what’s next?
Incannex Healthcare is a clinical-stage pharmaceutical company developing proprietary medicinal cannabinoid drugs and psychedelic medicine therapies. These therapies are designed to target indications with unmet need, including obstructive sleep apnea, generalized anxiety disorder, trauma and inflammatory conditions.
Following the company’s announcement in July 2023 that it intended to list all its shares on Nasdaq, Incannex received widespread support from its shareholders and option holders. Management anticipates that this strategic manoeuvre will yield several advantages, including heightened visibility of Incannex’s equity story, enhanced access to FDA resources and greater access to a large capital market. On 28 November Incannex completed its redomicile to the US.
In this interview, Incannex MD and CEO Joel Latham and CSO Mark Bleackley discuss the primary motivations behind the decision to redomicile to the US, the support from current and prospective shareholders, as well as the effect the move will have on the clinical trial pipeline and FDA approval.
Find out more about Incannex Healthcare’s investment case by reading Edison’s latest updates.
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