Actinogen Medical Ltd (ASX:ACW)
A$ 0.027 0.001 (3.85%) Market Cap: 83.23 Mil Enterprise Value: 74.10 Mil PE Ratio: 0 PB Ratio: 3.86 GF Score: 0/100

Actinogen Medical Ltd Depression Trial Result Webinar Transcript

Aug 29, 2024 / NTS GMT
Release Date Price: A$0.042
Steven Gourlay
Actinogen Medical Ltd - Chief Executive Officer, Managing Director

Be here with you again today to explain and elucidate on our further positive depression results from the XanCIDD Phase 2a trial -- Xanamem, and we are going to wait one more second or two for some additional participants and then we will get started.

Okay. I think that looks like it's about it. So the bottom line from today's presentation. And of course, the top line. These results were announced on Monday in an ASX release that we have clinically and statistically significant benefits Xanamem treatment on depression. And importantly, this validates the biologic activity -- 10 milligram dose and really a stent establishes for the first time repeatedly in our view that the code is our hypothesis that inhibiting the stress hormone cortisol in the brain.

Really matters from a clinical point of view and that this approach to therapy of multiple diseases, including depression and Alzheimer's really has traction and really does work. And so to help me explain all of this as our Chief Medical Officer, Dr. Dana, who

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