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How Will Avecho’s $2.5M Raise Accelerate Its CBD Capsule Breakthrough?
9:02am on Thursday 23rd of October, 2025 AEDT
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Biotechnology
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How Will Avecho’s $2.5M Raise Accelerate Its CBD Capsule Breakthrough?
9:02am on Thursday 23rd of October, 2025 AEDT
Key Points
Raised $2.5 million via placement to institutional and sophisticated investors
Funds to accelerate manufacturing scale-up and regulatory submission activities
Supports pivotal Phase III clinical trial interim analysis expected in H1 2026
Placement shares issued at a 23.1% discount to last closing price
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Avecho Biotechnology (ASX:AVE)
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