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Pharmaust Limited ( (AU:NUZ) ) just unveiled an announcement.
Neurizon Therapeutics Limited has been granted an Australian patent for its lead drug candidate, NUZ-001, which targets neurodegenerative diseases such as ALS, Alzheimer’s, Huntington’s, and Parkinson’s. This patent complements an earlier US patent and extends intellectual property protection until May 2041, enhancing the company’s global IP portfolio. The patent strengthens Neurizon’s position to commercialize NUZ-001 and participate in the HEALEY ALS Platform Trial, potentially unlocking significant value for stakeholders and expanding therapeutic opportunities.
The most recent analyst rating on (AU:NUZ) stock is a Buy with a A$0.56 price target. To see the full list of analyst forecasts on Pharmaust Limited stock, see the AU:NUZ Stock Forecast page.
More about Pharmaust Limited
Neurizon Therapeutics Limited is a clinical-stage biotechnology company focused on developing treatments for neurodegenerative diseases. The company is advancing its lead drug candidate, NUZ-001, primarily for the treatment of ALS, while also exploring its potential for other neurodegenerative conditions. Neurizon is committed to accelerating access to effective treatments through international collaborations and rigorous clinical programs.
YTD Price Performance: -17.65%
Average Trading Volume: 714,288
Technical Sentiment Signal: Sell
Current Market Cap: A$74.84M
For detailed information about NUZ stock, go to TipRanks’ Stock Analysis page.