Shares in $ACW are this morning trading up over 200%

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Shares in ACW are this morning trading up over 200% from their closing price yesterday. The company released an update regarding their Xanamem product.

The key points the company focused on in the release were.

 

  • Statistically significant results demonstrate cognitive improvement in healthy elderly subjects dosed with 20mg Xanamem daily in the XanaHES dose escalation study
  • Statistically significant reduction in serum cortisol following treatment with Xanamem 20mg daily
  • Xanamem 20mg daily continues to exhibit a good safety profile with no serious adverse events observed
  • Results significantly enhance the Xanamem dataset and help shape Actinogen’s drug development strategy for the treatment of Alzheimer’s disease and other neurological and metabolic diseases associated with cognitive impairment
  • Company to host a Conference Call on October 1st, 2019 (today) at 10:30am (AEST)

 

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