tiprankstipranks
Actinogen’s Xanamem Shows Promise in Depression
Company Announcements

Actinogen’s Xanamem Shows Promise in Depression

Actinogen Medical Limited (AU:ACW) has released an update.

Stay Ahead of the Market:

Actinogen Medical Limited reports that their drug Xanamem showed statistically significant improvement in depression symptoms compared to a placebo in a phase 2a trial, despite not meeting the primary cognitive endpoint. The trial highlighted Xanamem’s safety and potential as a novel treatment for depression, with continued trials aimed at exploring its benefits for Alzheimer’s disease underway. The drug’s unique mechanism involves inhibiting cortisol synthesis, offering a new approach to depression therapy.

For further insights into AU:ACW stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles