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Paradigm Biopharma Boosts Cash by $6.3M to Power Osteoarthritis Trial

7:03pm on Monday 2nd of June, 2025 AEST Pharmaceuticals
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Paradigm Biopharma Boosts Cash by $6.3M to Power Osteoarthritis Trial

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Received $6.3 million R&D Tax Incentive refund for FY24
  • Cash reserves now approximately $31 million
  • Advancing Phase 3 osteoarthritis clinical trial with recruitment planned for Q1 2025
  • Raised $16 million capital in December 2024
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