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Nyrada funds Xolatryp’s next clinical test with AU$12 million placement

9:31am on Monday 21st of September, 2026 AEST Biotechnology
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Nyrada funds Xolatryp’s next clinical test with AU$12 million placement

9:31am on Monday 21st of September, 2026 AEST
Key Points
  • AU$12.0 million placement at AU$0.62 per CDI
  • Further non-underwritten SPP targeting up to AU$2.0 million
  • Directors propose subscribing for AU$5.125 million, subject to approval
  • Funds expected to support PROTECT-MI through topline data
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