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Paradigm Advances Phase 3 Osteoarthritis Trial, Eyes $112M Capital Raise
5:55am on Monday 2nd of June, 2025 AEST
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Healthcare
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Paradigm Advances Phase 3 Osteoarthritis Trial, Eyes $112M Capital Raise
5:55am on Monday 2nd of June, 2025 AEST
Key Points
Centralised ethics approval obtained in Australia for phase 3 trial
Advanced Clinical appointed as global CRO for trial execution
$6.3 million received from FY24 R&D Tax Incentive refund
Cash balance stands at $24.56 million as of March 31, 2025
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