Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Avecho Biotechnology CEO optimistic about phase III insomnia CBD trial

Avecho Biotechnology CEO optimistic about phase III insomnia CBD trial

Avecho Biotechnology Ltd (ASX:AVE, OTC:AVEFF) CEO Dr Paul Gavin speaks with Proactive after announcing that the company is looking to raise approximately $11 million. Proceeds from the raise will be used to fund a pivotal Phase 3 clinical trial designed to test the company’s proprietary CBD soft-gel capsule for the treatment of insomnia.