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InhaleRx Secures $38.5M to Accelerate Inhaled Cancer Pain and Anxiety Drug Trials

7:03pm on Monday 2nd of June, 2025 AEST Healthcare
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InhaleRx Secures $38.5M to Accelerate Inhaled Cancer Pain and Anxiety Drug Trials

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Secured $38.5 million funding agreement with Clendon Biotech Capital
  • Phase 2 trial for IRX-211 expanded to 156 patients to enhance efficacy detection
  • Filed international PCT patent application for inhaled breakthrough cancer pain treatment
  • Appointed Ingenu CRO to oversee clinical trials, pending shareholder approval
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