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Vectus Converts VB4-P5 Sale into 9.9% Stake in XORTX Therapeutics

3:42pm on Thursday 30th of April, 2026 AEST Healthcare
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Vectus Converts VB4-P5 Sale into 9.9% Stake in XORTX Therapeutics

3:42pm on Thursday 30th of April, 2026 AEST
Key Points
  • Sale of VB4-P5 to XORTX completed with equity consideration
  • Vectus holds 9.9% of XORTX plus pre-funded warrants
  • Ongoing licensing push for VB0004 and other fibrosis drugs
  • Operating costs trimmed with $130,000 spent in quarter
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