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Argenica Therapeutics Boosts Revenue 53% and Advances Stroke Drug Trial

4:29pm on Wednesday 26th of August, 2026 AEST Biotechnology
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Argenica Therapeutics Boosts Revenue 53% and Advances Stroke Drug Trial

4:29pm on Wednesday 26th of August, 2026 AEST
Key Points
  • 53% revenue increase to $5.7 million
  • 81% reduction in net loss to $1.37 million
  • Phase 2 trial confirms safety and efficacy signals for xaranetide
  • Late-stage trial design underway with AI-enabled patient selection
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