Summary by Moomoo AI
On April 16, 2024, Incannex Healthcare Inc., a clinical stage pharmaceutical development company, provided a quarterly update for Q1 2024, detailing progress in their research and development programs. The update highlighted the advancement of their therapeutic pipeline, including the IHL-42X drug candidate for Obstructive Sleep Apnea (OSA), which is currently in Phase 2/3 clinical trials. The company also reported on IHL-675A for Rheumatoid Arthritis (RA), which is in Phase 2b studies, and the Psi-GAD psilocybin treatment protocol for generalized anxiety disorder, now entering Phase 2b studies following a successful Phase 2 proof of concept. Additionally, Incannex opened its first Clarion Clinic for psychedelic-assisted psychotherapies. The company is preparing for patient dosing in the RePOSA Phase 2/3 Clinical Trial for IHL-42X and has made significant progress in the...Show More