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Avecho Biotechnology (AVE) investor relations material
Avecho Biotechnology Q2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Phase III insomnia trial expanded with three new clinical sites in Sydney and the Gold Coast, accelerating recruitment to 131 participants, with interim results expected in early 2026.
Strategic planning for TGA registration and commercialisation underway following Avecho-Sandoz meetings.
TPM®-enhanced CBD capsule positioned to be the first registered OTC cannabidiol product for insomnia in Australia.
Licensing agreement with Sandoz AG for exclusive Australian rights; business development efforts expanded to international markets.
Financial highlights
Cash balance of A$5.9 million as at 30 June 2025.
Received A$1.66 million under the Australian Government's R&D Tax Incentive Scheme, used to repay A$1.04 million in R&D tax advances and support operations.
Net cash used in operating activities for the quarter was A$680,000.
Payments to related parties and associates during the quarter totaled approximately A$67,000.
Outlook and guidance
Interim analysis cohort enrolment expected to complete in H2 2025, with interim results anticipated in early 2026.
Continued focus on regulatory readiness and commercialisation, with active licensing discussions in multiple jurisdictions.
Positioned to capitalize on Australia's OTC CBD market, projected to exceed US$125 million annually.
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