USX:LVCLY - Algorae Pharmaceuticals Ltd Living Cell Technologies Ltd
Sector: Health Care, Industry: Biotechnology
Next Earnings: 1 Nov 2024
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USD 0.0306    +0.0 (+0%)

11 Jul 2024


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General

Established: 2003

Country: AUS

City: Sydney

Employees: 48

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Description

Algorae Pharmaceuticals Ltd is a clinical-stage pharmaceutical company developing transformative solutions for undermet medical needs in the community. The firm develops AlgoraeOS, a closed-loop platform, leveraging computational tools to generate novel insights in silico that are being developed to initiate or accelerate therapeutic programs. Its lead products comprise AI-116, a novel combination drug candidate of cannabidiol (CBD) and an off-patent pharmaceutical ingredient. It is conceptualised to be a potential treatment for dementia, including Alzheimer’s disease; NTCELL is an alginate-coated capsule containing clusters of neonatal porcine choroid plexus cells. It also offers LP-003 Anti-obesity Drug and LC-002 migraine treatment.

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