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Avecho Advances Phase III Insomnia Trial with Positive Interim Analysis

9:43am on Wednesday 29th of July, 2026 AEST Healthcare
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Avecho Advances Phase III Insomnia Trial with Positive Interim Analysis

9:43am on Wednesday 29th of July, 2026 AEST
Key Points
  • Independent Data Monitoring Board endorses continuation of Phase III trial at original size
  • No serious adverse events reported among 244 participants
  • Raised $1.9 million from option exercises simplifying capital structure
  • Received $1.98 million R&D tax incentive refund
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