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How Will Avecho’s $4.8M Sandoz Deal Shape Its Clinical and Commercial Future?
2:51am on Saturday 30th of August, 2025 AEST
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Healthcare
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How Will Avecho’s $4.8M Sandoz Deal Shape Its Clinical and Commercial Future?
2:51am on Saturday 30th of August, 2025 AEST
Key Points
Revenue up 79.4% to $560,069, driven by licensing and product sales
Loss after tax increased 23% to $2.68 million due to higher R&D and admin expenses
Received $4.8 million upfront licensing fee from Sandoz for Australian CBD insomnia product
Phase III clinical trial recruitment accelerated, targeting interim results in early 2026
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