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Avecho Nears Key Milestone in CBD Insomnia Trial with $2.5M Boost and Patent Wins
2:22pm on Thursday 29th of January, 2026 AEDT
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Healthcare
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Avecho Nears Key Milestone in CBD Insomnia Trial with $2.5M Boost and Patent Wins
2:22pm on Thursday 29th of January, 2026 AEDT
Key Points
Phase III CBD insomnia trial nearing interim analysis with most patients dosed
$2.5 million raised to fast-track commercial manufacturing
US and European patents allowed for proprietary CBD TPM soft-gel capsule
Cash balance of $4.7 million with additional R&D tax credits forecast
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