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Bionomics Limited American Depository Shares (symbol: BNOX) is a global clinical-stage biopharmaceutical company dedicated to developing novel treatments for serious diseases. The company's primary focus lies in treating central nervous system (CNS) disorders such as anxiety, depression, and Alzheimer's disease, as well as various forms of cancer.
Bionomics boasts a highly productive drug discovery platform, including its proprietary Multicore® chemistry capability, which fuels its diverse pipeline of drug candidates. The company's portfolio ranges from early-stage to advanced clinical development programs, positioning Bionomics as a leader in innovative drug discovery.
A key strength of Bionomics is its strategic partnerships with large pharmaceutical companies. These collaborations enable Bionomics to expedite the development and market introduction of its drug candidates, allowing the company to concentrate on its core strength of innovative research and discovery.
Among its recent achievements, Bionomics is progressing its Phase 2b trial of BNC210, a promising treatment for Post-Traumatic Stress Disorder (PTSD). The trial aims to evaluate the safety and efficacy of 900 mg BNC210 administered twice daily as monotherapy for PTSD. The trial involves 212 participants across 27 sites in the United States and 7 sites in the United Kingdom.
Financially, Bionomics generates all of its revenue from Australia, with a robust growth phase backed by substantial research and development investments. The company is committed to providing better treatment options for diseases with unmet medical needs, driven by a team of experts dedicated to making a difference in patients' lives.
For the latest updates and detailed information about Bionomics Limited, please visit their official website at www.bionomics.com.au.
Bionomics Limited (Nasdaq: BNOX | ASX: BNO) announced its presentation of data on BNC210, an innovative oral tablet formulation for treating Social Anxiety Disorder (SAD) and pharmacometric analysis for PTSD treatment. This will be showcased at the American College of Neuropsychopharmacology's 61st Annual Meeting from December 4-7, 2022, in Phoenix, Arizona. Two poster presentations are scheduled: one focuses on the improved oral tablet for SAD, while the other analyzes BNC210's reformulation for PTSD Phase 2 trials.
Bionomics Limited (ASX: BNO, Nasdaq: BNOX) announced a follow-on offering of 641,026 American Depositary Shares (ADSs) priced at US$7.80 each, representing a 1.63% discount to the recent average price. The offering, expected to close around November 22, 2022, aims to raise approximately US$5 million, with an option for underwriters to purchase an additional 96,153 ADSs. Funds will support Bionomics' ongoing development of CNS disorder treatments, including their lead candidate, BNC210. Aegis Capital Corp. and Berenberg are leading the offering.
Bionomics Limited (NASDAQ: BNOX) has announced its participation in two key investor conferences in November. The first is the Credit Suisse 31st Annual Healthcare Conference on November 10 at 8:35 am PT in Rancho Palos Verdes, CA, featuring a company presentation. The second event is the Evercore ISI 5th Annual HealthCONx Conference, which includes a fireside chat scheduled for November 29 at 9:15 am ET. Audio webcasts for these events will be available on Bionomics' website.
Bionomics Limited (ASX: BNO, Nasdaq: BNOX) announced its quarterly cash flow report for the period ending September 30, 2022. The company reported a cash balance of $31.43 million, down from $33.56 million in June. Research and development expenses decreased by 16.28% to $3.50 million. Bionomics is advancing its lead drug candidate, BNC210, through clinical studies for Social Anxiety Disorder (SAD) and Post-Traumatic Stress Disorder (PTSD), with topline results for the PREVAIL study expected by the end of 2022. Various activities, including a KOL webinar and participation in conferences, were conducted during the quarter.
Bionomics Limited (Nasdaq: BNOX | ASX: BNO) has announced the receipt of A$4,634,307.30 in a research and development (R&D) tax incentive refund for the financial year ending June 2022. This incentive, provided by the Australian Government, offers a tax offset of up to 43.5% for eligible R&D activities to encourage innovation within Australia. Bionomics is a clinical-stage biopharmaceutical company focused on developing treatments for serious central nervous system disorders, including its lead candidate BNC210 for Social Anxiety Disorder and Post-Traumatic Stress Disorder.
Bionomics Limited (NASDAQ: BNOX, ASX: BNO) is a clinical-stage biopharmaceutical company focused on developing allosteric ion channel modulators for serious CNS disorders. On October 6-7, 2022, the company will participate in the Cantor Neurology & Psychiatry Conference at The Ritz-Carlton in San Francisco. Errol De Souza, Executive Chairman, will join a panel on Emerging Broad Pipeline for Psychiatric Indications on October 7 at 7:50 am PT. An audio webcast will be available on their website.
Bionomics Limited (ASX:BNO, Nasdaq: BNOX) has announced a Key Opinion Leader webinar on BNC210, a novel treatment for Social Anxiety Disorder (SAD), scheduled for October 12, 2022. This first-in-class candidate has received FDA Fast Track Designation for acute SAD treatment. Experts Murray B. Stein, MD, and Charlie Taylor, PhD, will discuss the unmet needs and Bionomics' ongoing clinical studies, including the 150 patient Phase 2 PREVAIL study aiming for topline data by the end of 2022. BNC210 also shows promise for Post-Traumatic Stress Disorder (PTSD).
Bionomics Limited (ASX:BNO, NASDAQ:BNOX), a clinical-stage biopharmaceutical company, has announced its participation in several investor conferences this September. Key events include Citi’s 17th Annual BioPharma Conference in Boston on September 8, H.C. Wainwright 24th Annual Global Investment Conference in New York City on September 12 at 12:30 PM ET, and the Ladenburg Thalmann Healthcare Conference 2022 in New York City on September 29 at 4:00 PM ET. Audio webcasts for select events will be available on their Investors website.
Bionomics Limited (ASX:BNO, Nasdaq:BNOX) reported its financial results for the year ended June 30, 2022. The company focuses on developing BNC210, a treatment for Social Anxiety Disorder and Post-Traumatic Stress Disorder. It has received FDA Fast Track designation and initiated the Phase 2 PREVAIL study for acute SAD treatment, with topline data expected by the end of 2022. Additionally, the ATTUNE study for chronic PTSD treatment is underway. Bionomics completed a US IPO, raising $26.67 million, and has partnered with Merck to advance its Positive Allosteric Modulator program.
Bionomics Limited (BNOX) released its Quarterly Activities and ASX Appendix 4C Cashflow Reports for the quarter ending June 30, 2022. Cash balance was $33.56 million, down from $39.58 million in the previous quarter. R&D expenditure rose by 84.14% to $4.18 million, driven by ongoing Phase 2 trials for BNC210 in treating Social Anxiety Disorder (SAD) and Post-Traumatic Stress Disorder (PTSD). Upcoming milestones include topline data for both studies expected by the end of 2022 and the first half of 2023, respectively.
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