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How Island Pharmaceuticals’ FDA Feedback Sparks $9m Capital Boost

11:02am on Tuesday 10th of February, 2026 AEDT Healthcare
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How Island Pharmaceuticals’ FDA Feedback Sparks $9m Capital Boost

11:02am on Tuesday 10th of February, 2026 AEDT
Key Points
  • FDA feedback deemed material to share price and regulatory progress
  • Trading halt requested to manage disclosure and market orderliness
  • Unintentional breach of ASX Listing Rule 15.7 during capital raising
  • $9 million placement secured to fund Galidesivir development
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