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The latest update is out from AdAlta Ltd. ( (AU:1AD) ).
AdAlta Ltd. announced the issuance of 1,695,380 performance rights under an employee incentive scheme, which are unquoted and subject to transfer restrictions until 2028. This move is part of AdAlta’s strategy to incentivize and retain talent, which could enhance the company’s operational capabilities and its positioning within the biotechnology industry.
More about AdAlta Ltd.
AdAlta Ltd. is a biotechnology company focused on developing innovative protein therapeutics. The company’s primary products include proprietary i-body technology, which is designed to target diseases with high unmet medical need, particularly in the area of chronic fibrotic diseases.
YTD Price Performance: -25.00%
Average Trading Volume: 380,779
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.47M
Find detailed analytics on 1AD stock on TipRanks’ Stock Analysis page.