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Incannex Healthcare Inc., a biopharmaceutical company, reported its financial results for the quarter ended March 31, 2024. The company experienced an increase in operating expenses, primarily due to higher research and development costs associated with clinical trials. Research and development expenses rose by $1.6 million compared to the same period in the previous year, reaching $3.3 million. General and administrative expenses also increased by $2.1 million, totaling $4.1 million for the quarter. This rise was attributed to higher salaries and employee benefits, including the issuance of restricted stock, as well as increased legal and accounting expenses following the company's re-domiciliation. Despite these increases, the company benefited from a $1.3 million R&D tax credit. The net loss for the quarter was $6.0 million, a significant increase...Show More
Incannex Healthcare Inc., a biopharmaceutical company, reported its financial results for the quarter ended March 31, 2024. The company experienced an increase in operating expenses, primarily due to higher research and development costs associated with clinical trials. Research and development expenses rose by $1.6 million compared to the same period in the previous year, reaching $3.3 million. General and administrative expenses also increased by $2.1 million, totaling $4.1 million for the quarter. This rise was attributed to higher salaries and employee benefits, including the issuance of restricted stock, as well as increased legal and accounting expenses following the company's re-domiciliation. Despite these increases, the company benefited from a $1.3 million R&D tax credit. The net loss for the quarter was $6.0 million, a significant increase from the $3.6 million loss reported in the previous year. The company's cash position stood at $9.3 million as of March 31, 2024. Incannex Healthcare's business development efforts included the continuation of clinical trials for its drug candidates. Looking ahead, the company plans to further its research and development activities and pursue regulatory approvals for its products.
バイオ医薬品会社のIncannex Healthcare社は、2024年3月31日に終了した四半期の財務結果を報告しました。同社は、臨床試験に関連する研究開発費用の増加に伴い、営業費用が増加しました。研究開発費用は、前年同期に比べ166万ドル増の330万ドルに上昇しました。また、総務費用も前年同期に比べ210万ドル増加し、四半期で410万ドルとなりました。この上昇は、制限付き株式の発行を含むより高い給与および従業員給付、および再編成後の会社の法務および会計費用の増加に帰されます。しかし、同社は1,300万ドルの研究開発税額控除を受けました。四半期の純損失は600万ドルであり、前年に報告された3...すべて展開
バイオ医薬品会社のIncannex Healthcare社は、2024年3月31日に終了した四半期の財務結果を報告しました。同社は、臨床試験に関連する研究開発費用の増加に伴い、営業費用が増加しました。研究開発費用は、前年同期に比べ166万ドル増の330万ドルに上昇しました。また、総務費用も前年同期に比べ210万ドル増加し、四半期で410万ドルとなりました。この上昇は、制限付き株式の発行を含むより高い給与および従業員給付、および再編成後の会社の法務および会計費用の増加に帰されます。しかし、同社は1,300万ドルの研究開発税額控除を受けました。四半期の純損失は600万ドルであり、前年に報告された360万ドルの損失から大幅に増加しています。同社の現金残高は2024年3月31日時点で930万ドルでした。Incannex Healthcare社のビジネス開発の取り組みには、薬剤候補の臨床試験の継続が含まれています。今後は、同社は研究開発活動をさらに進め、製品の規制承認を追求する予定です。
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