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Zelira’s ZLT-L-007 Outperforms Lyrica, Boosts HOPE® 1 Funding
6:03pm on Wednesday 30th of July, 2025 AEST
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Healthcare
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Zelira’s ZLT-L-007 Outperforms Lyrica, Boosts HOPE® 1 Funding
6:03pm on Wednesday 30th of July, 2025 AEST
Key Points
ZLT-L-007 shows superior pain relief and sleep improvement over Lyrica in diabetic neuropathy
Full conversion of US$3.25 million convertible notes into HOPE® 1 SPV equity strengthens capital structure
Secured $650,000 non-dilutive loan to support R&D and optimize FY25 tax incentives
Q4 FY2025 operational expenses decreased due to payment timing, net cash outflow of $384k
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Zelira Therapeutics (ASX:ZLD)
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