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Argent BioPharma narrows loss, secures $11M funding and global CannEpil license

5:23pm on Monday 31st of August, 2026 AEST Healthcare
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Argent BioPharma narrows loss, secures $11M funding and global CannEpil license

5:23pm on Monday 31st of August, 2026 AEST
Key Points
  • Net loss reduced to $7.7 million from $17.8 million
  • Global CannEpil® licensing deal with Splash Beverage Group extinguishes $7.4M secured debt
  • Acquisition of full interest in CannPal Animal Therapeutics expands veterinary portfolio
  • Administrative expenses halved following prior year one-off costs
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