Wilsons Advisory is pleased to have acted as Joint Lead Manager to Antisense Therapeutics Ltd.'s (“Antisense”; ASX.ANP) recent $7.3 million capital raising.
Antisense is Melbourne-based biotechnology company, developing and commercialising antisense pharmaceuticals for large unmet markets in rare diseases.
The company is developing ATL1102, an antisense inhibitor of the CD49d receptor, for Duchenne muscular dystrophy (DMD) patients. Following highly promising Phase II trial results, Antisense will use the proceeds of the funds to prepare for its upcoming Phase IIb European clinical trial of ATL1102 in DMD and other initiatives to advance its drug development strategy.
The placement had strong investor support from both new and existing shareholders. Richard Sherman, Head of Corporate Finance Origination at Wilsons Advisory said “We’re very pleased to have supported Antisense with this important capital raising. We are looking forward to continuing to support Antisense as it accelerates the advancement of ATL1102 into late stage clinical development for DMD”.
For more information contact:
Head of Corporate Finance, Rob Snow
email@example.com / (02) 8247 6645;
Head of Corporate Finance Origination, Richard Sherman firstname.lastname@example.org / (03) 9640 3879
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