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Alexium Advances R&D Amid 42% Loss Surge: What’s Next for Growth?
3:00am on Saturday 30th of August, 2025 AEST
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Chemicals
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Alexium Advances R&D Amid 42% Loss Surge: What’s Next for Growth?
3:00am on Saturday 30th of August, 2025 AEST
Key Points
Net loss widened 42.2% to $3.93 million
Revenue declined 33.4% to $3.92 million amid weak US mattress demand
Significant R&D progress in phase change materials and flame retardants
CTO Dr. Robert Brookins to step down, succeeded by Nick Leitner
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Alexium International (ASX:AJX)
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