Addex and perceptive launch neurosterix with $63 million to accelerate development of allosteric modulator therapeutics for neurological disorders

Addex receives chf5m and 20% share of neurosterix  perceptive advisors leads $63m investment into neurosterix  addex contributes portfolio of preclinical neuroscience assets and allosteric modulator small molecule discovery technology platform to neurosterix ad hoc announcement pursuant to art. 53 lr geneva, switzerland and new york, usa, april 3, 2024 - addex therapeutics (six and nasdaq: adxn), a clinical-stage biopharmaceutical company pioneering allosteric modulation-based drug development, and funds affiliated with perceptive advisors, an investment management firm focused on the life sciences sector, today announced the launch of neurosterix, a company focused on developing allosteric modulators for the treatment of underserved neurological disorders.
ADXN Ratings Summary
ADXN Quant Ranking