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Neurizon Therapeutics Reports Significant Loss Amidst Strategic Shift

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Neurizon Therapeutics Reports Significant Loss Amidst Strategic Shift

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Pharmaust Limited ( (AU:NUZ) ) has shared an announcement.

Neurizon Therapeutics Limited, formerly known as PharmAust Limited, reported a significant increase in other income and a substantial rise in losses for the half-year ended 31 December 2024. The company experienced an increase in net assets, yet its loss from ordinary activities and overall loss rose dramatically, indicating challenging financial circumstances. The acquisition of Neurizon Therapeutics LLC highlights a shift in control within the company.

More about Pharmaust Limited

YTD Price Performance: -23.08%

Average Trading Volume: 5,882

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €38.74M

See more data about NUZ stock on TipRanks’ Stock Analysis page.

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