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Neurizon Secures $5M to Propel ALS Drug into Pivotal Trial

9:33am on Thursday 18th of September, 2025 AEST Biotechnology
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Neurizon Secures $5M to Propel ALS Drug into Pivotal Trial

9:33am on Thursday 18th of September, 2025 AEST
Key Points
  • Institutional placement raises $5 million at $0.12 per share
  • Board and management to subscribe additional $0.2 million, partly subject to shareholder approval
  • Funds earmarked for HEALEY ALS Platform Trial entry in Q4 2025, pending FDA IND clearance
  • Proceeds to support GMP manufacturing, regulatory filings, and pre-clinical programs
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