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Patrys Acquires Reliis to Fast-Track Injectable Delirium Treatment

9:46am on Wednesday 28th of January, 2026 AEDT Healthcare
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Patrys Acquires Reliis to Fast-Track Injectable Delirium Treatment

9:46am on Wednesday 28th of January, 2026 AEDT
Key Points
  • Acquisition of Reliis includes 110 million shares and 70 million performance rights
  • Lead product AQS targets delirium with rapid onset injectable quetiapine
  • FDA 505(b)(2) reformulation pathway enables faster, lower-cost development
  • Market opportunity exceeds US$2 billion annually across ICU, palliative and aged care
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