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AdAlta capitalises on $5-million raising to progress drug to treat fibrotic diseases

AdAlta Ltd (ASX:1AD) chief executive officer Sam Cobb updates Proactive Investors on the health-focused company's recent $5 million raising to progress the development of its key AD-214 drug for the treatment of idiopathic pulmonary fibrosis.
 
Cobb says recent animal trials will soon progress to human testing in Australia.
 
The company aims to start phase-one studies in January 2020.

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Price: 0.11 AUD

ASX:1AD
Market: ASX
Market Cap: $26.97 m
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Tony Locantro says stocks now falling to 'decent values' amidst market...

Alto Capital's Tony Locantro says we're now seeing some long overdue volatility in the market and stocks falling to decent values. ''We had the Dow Jones up above 28,000, we had gold knocking on US$2000, both of those were extremely crowded trades''. ''We had the NASDAQ at stupid levels as well...

on 27/9/20

2 min read