Vectus Biosystems Limited (AU:VBS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Vectus Biosystems Limited has made significant strides in the commercialization of its clinical drug VB0004 and other assets, with expectations of reduced operating costs and a potential R&D refund from the ATO in October 2024. The company has completed Phase Ib human clinical trials for VB0004 with no significant adverse events reported and is progressing on a formal outreach program for licensing and partnerships. Despite the passing of CEO Dr. Karen Duggan, Vectus remains committed to advancing its anti-fibrotic technologies and fulfilling its mission.
For further insights into AU:VBS stock, check out TipRanks’ Stock Analysis page.