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Addex Reports Full Year 2020 Financial Results and Provides Corporate Update
Addex TherapeuticsMarch 11, 2021 GMT
Strong cash and cash equivalents position at Dec 31, 2020 of $20.2M (CHF18.7M)
Balance sheet further strengthened by $11.5M fundraising on January 11, 2021
Three clinical studies in neurology programs expected to start during H1 2021
Clinical stage neurology programs aimed at large underserved market opportunities (Epilepsy, Parkinson’s disease LID and Blepharospasm)
Geneva, Switzerland, March 11, 2021 – Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug discovery and development, today reported financial results for the full-year ended December 31, 2020 and provided a corporate update.