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Avecho and Chimeric surge as trial and cash catalysts land; Island extends gains on USAMRIID deal

2:12pm on Saturday 7th of March, 2026 AEDT MARKET NEWS
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Avecho and Chimeric surge as trial and cash catalysts land; Island extends gains on USAMRIID deal

2:12pm on Saturday 7th of March, 2026 AEDT
Key Points
  • Avecho Biotechnology (ASX:AVE) jumped on progress toward interim Phase III data due in June 2026
  • Chimeric Therapeutics (ASX:CHM) rallied after securing a $1.785m advance against its FY26 R&D tax incentive
  • Island Pharmaceuticals (ASX:ILA) rose on a three-year USAMRIID agreement to speed Marburg drug work
  • Little Green Pharma (ASX:LGP) pushed ahead with its Cannatrek scheme, with a 10 April 2026 meeting date set
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