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    Incannex Healthcare Limited (IXHL)

    Price:

    0.43 USD

    ( + 0.02 USD)

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    Biotechnology
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    P/E
    -0.645
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    Biotechnology
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    Healthcare
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    Medical - Devices
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    Healthcare
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    Drug Manufacturers - General
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    -0.508
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    Biotechnology
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    Medical - Instruments & Supplies
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    P/E
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    Country
    CN
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    Healthcare
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    Drug Manufacturers - Specialty & Generic
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    P/E
    -1.013
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    Healthcare
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    Biotechnology
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    Country
    CN
    Sector
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    Industry
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    Dividend yield
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    Payout Ratio
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    DESCRIPTION

    Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital and Novotech on IHL-42X clinical program for obstructive sleep apnea; and Monash Trauma Group at the Department of Neuroscience, Monash University to conduct a study on the protective effect of IHL-216A in sports concussion. The company was formerly known as Impression Healthcare Limited and changed its name to Incannex Healthcare Limited in June 2020. Incannex Healthcare Limited was incorporated in 2001 and is based in Sydney, Australia.

    NEWS
    https://images.financialmodelingprep.com/news/incannex-granted-fda-fast-track-designation-for-ihl42x-in-20251203.jpg
    Incannex Granted FDA Fast Track Designation for IHL-42X in Obstructive Sleep Apnea (OSA)

    globenewswire.com

    2025-12-03 08:00:00

    MELBOURNE, Australia and NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), a clinical-stage biopharmaceutical company developing innovative combination therapies, announces that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for IHL-42X, the Company's oral fixed-dose combination product candidate for the treatment of obstructive sleep apnea (OSA). The Fast Track designation was supported by promising safety, efficacy, and pharmacokinetic results from the three clinical trials completed to date within the IHL-42X development program.

    https://images.financialmodelingprep.com/news/what-makes-incannex-healthcare-inc-ixhl-a-new-buy-20251201.jpg
    What Makes Incannex Healthcare Inc. (IXHL) a New Buy Stock

    zacks.com

    2025-12-01 13:01:09

    Incannex Healthcare Inc. (IXHL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

    https://images.financialmodelingprep.com/news/incannex-healthcare-nasdaqixhl-trading-up-11-still-a-buy-20251129.png
    Incannex Healthcare (NASDAQ:IXHL) Trading Up 1.1% – Still a Buy?

    defenseworld.net

    2025-11-29 03:22:54

    Incannex Healthcare Inc. (NASDAQ: IXHL - Get Free Report) shares were up 1.1% during trading on Friday. The company traded as high as $0.3749 and last traded at $0.3610. Approximately 6,205,588 shares changed hands during trading, a decline of 44% from the average daily volume of 11,166,855 shares. The stock had previously closed at $0.3571.

    https://images.financialmodelingprep.com/news/stonegate-updates-coverage-on-incannex-healthcare-inc-ixhl-1q-20251120.jpg
    Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 1Q 2026

    newsfilecorp.com

    2025-11-20 09:34:00

    Dallas, Texas--(Newsfile Corp. - November 20, 2025) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL). In 4Q25, Incannex continued to build the clinical and patient-reported evidence base for IHL-42X in obstructive sleep apnoea (OSA), following full Phase 2 RePOSA data and exit-interview analyses.

    https://images.financialmodelingprep.com/news/incannex-provides-shareholder-update-highlighting-clinical-progress-capital-discipline-20251030.png
    Incannex Provides Shareholder Update Highlighting Clinical Progress, Capital Discipline, and EOY 2025 Strategic Focus

    globenewswire.com

    2025-10-30 08:00:00

    MELBOURNE, Australia and NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL)(“Incannex” or the “Company”), a clinical-stage pharmaceutical company developing innovative combination therapies for high-impact medical conditions, provides a shareholder update highlighting recent progress across its clinical and corporate initiatives and outlining key priorities for the remainder of 2025. Recent Highlights IHL-42X (OSA) Phase 2 – Statistically significant efficacy, outstanding patient-reported outcomes, and strong safety profile – Incannex reported Phase 2 data for IHL-42X demonstrating statistically significant and clinically meaningful reductions in Apnea-Hypopnea Index (AHI) of up to 83% from baseline, confirming the potential of IHL-42X to meaningfully improve disease severity in obstructive sleep apnea (OSA).

    https://images.financialmodelingprep.com/news/incannex-granted-180day-extension-by-nasdaq-to-regain-compliance-20251022.png
    Incannex Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Requirement

    globenewswire.com

    2025-10-22 08:00:00

    MELBOURNE, Australia and NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), a clinical-stage pharmaceutical company developing innovative combination therapies for high-impact medical conditions, today announced that it has received an additional 180-calendar-day extension from the Nasdaq Stock Market (“Nasdaq”) to regain compliance with the minimum bid price requirement, as outlined in Nasdaq Listing Rule 5550(a)(2).

    https://images.financialmodelingprep.com/news/incannex-reports-positive-results-from-phase-2-clinical-trial-20250826.jpg
    Incannex Reports Positive Results from Phase 2 Clinical Trial of PSX-001 (Psi-GAD) for Generalised Anxiety Disorder

    globenewswire.com

    2025-08-26 08:00:00

    MELBOURNE, Australia and NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”) is pleased to report positive data from its Phase 2 clinical trial of PSX-001 (formerly Psi-GAD), a psilocybin-assisted psychotherapy treatment for Generalised Anxiety Disorder (GAD). The results confirm statistically significant and clinically meaningful improvements across every key endpoint assessed in the study, reinforcing PSX-001's potential as a best-in-class therapy for patients with moderate to severe GAD.

    https://images.financialmodelingprep.com/news/incannex-healthcare-authorizes-20-million-share-repurchase-program-20250822.jpg
    Incannex Healthcare Authorizes $20 Million Share Repurchase Program

    globenewswire.com

    2025-08-22 08:00:00

    MELBOURNE, Australia and NEW YORK, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”), a clinical-stage biopharmaceutical company developing innovative combination therapies for high-impact conditions, today announced that its Board of Directors has authorized a share repurchase program (the “Repurchase Program”) for up to $20 million of the Company's outstanding shares of common stock (“Common Stock”).

    https://images.financialmodelingprep.com/news/stonegate-updates-coverage-on-incannex-healthcare-inc-ixhl-3q-20250819.jpg
    Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 3Q 2025 - Update

    newsfilecorp.com

    2025-08-19 16:29:00

    Dallas, Texas--(Newsfile Corp. - August 19, 2025) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL). Recently, IXHL has made significant progress on its IHL-42X asset after very positive topline results from the Phase 2 study have returned, with more granular data trickling in.

    https://images.financialmodelingprep.com/news/incannex-receives-positive-patientreported-outcomes-and-compelling-phase-2-20250808.jpg
    Incannex Receives Positive Patient-Reported Outcomes and Compelling Phase 2 Efficacy Data for IHL-42X in Obstructive Sleep Apnoea

    globenewswire.com

    2025-08-08 08:00:00

    MELBOURNE, Australia and NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), a clinical-stage pharmaceutical company developing innovative combination therapies for prevalent medical conditions, today announced new patient-reported outcome findings from a subset of participants in its RePOSA Phase 2 trial of IHL-42X for the treatment of obstructive sleep apnoea (OSA). These new insights, collected through structured exit interviews, add to an already compelling data package highlighting the significant potential of IHL-42X to improve both clinical and patient-centric outcomes in individuals living with OSA.

    https://images.financialmodelingprep.com/news/incannex-confirms-strong-cash-position-no-plans-or-requirement-20250731.jpg
    Incannex Confirms Strong Cash Position; No Plans or Requirement to Fully Utilise ATM in Near Term

    globenewswire.com

    2025-07-31 08:00:00

    MELBOURNE, Australia, July 31, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”) announced, in response to recent questions it received from a number of its stockholders, that it does not presently intend to use the full capacity available under its at the market offering program (the “ATM”) in the near-term. As previously disclosed in the Company's Form 8-K filed with the U.S. Securities and Exchange Commission on July 24, 2025, the Company is under no obligation to issue any shares of its common stock pursuant to the ATM and any utilisation of the ATM will be at the discretion of the Company, taking into account prevailing market conditions and strategic priorities.

    https://images.financialmodelingprep.com/news/incannex-reports-positive-topline-results-from-reposa-phase-2-20250730.jpg
    Incannex Reports Positive Topline Results from RePOSA Phase 2 Trial of IHL-42X

    globenewswire.com

    2025-07-30 08:00:00

    Statistically and clinically significant improvements across key clinical endpoints; IHL-42X reduced AHI by up to 83% from baseline. IHL-42X demonstrates compelling clinical benefit and an outstanding safety profile that exceeded expectations.

    https://images.financialmodelingprep.com/news/incannex-healthcare-expands-clinical-advisory-board-to-support-obstructive-20250725.jpg
    Incannex Healthcare Expands Clinical Advisory Board to Support Obstructive Sleep Apnea Program with Appointment of Dr. Charlene E. Gamaldo

    globenewswire.com

    2025-07-25 07:30:00

    NEW YORK and MELBOURNE, Australia, July 25, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”), a clinical-stage biopharmaceutical company advancing combination drug therapies for high-impact indications, announces the appointment of Charlene E. Gamaldo, M.D. to its IHL-42X Obstructive Sleep Apnea (OSA) Clinical Advisory Board.

    https://images.financialmodelingprep.com/news/incannex-healthcare-expands-clinical-advisory-board-to-support-obstructive-20250624.jpg
    Incannex Healthcare Expands Clinical Advisory Board to Support Obstructive Sleep Apnea Program with Appointment of Dr. Douglas B. Kirsch

    globenewswire.com

    2025-06-24 07:30:00

    NEW YORK and MELBOURNE, Australia, June 24, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”), a clinical-stage biopharmaceutical company advancing combination drug therapies for high-impact indications, announces the appointment of Douglas B. Kirsch, M.D., FAAN, FAASM to its IHL-42X Obstructive Sleep Apnea (OSA) Clinical Advisory Board.

    https://images.financialmodelingprep.com/news/incannex-achieves-key-milestone-with-database-lock-for-reposa-20250618.jpg
    Incannex achieves key milestone with database lock for RePOSA Phase 2 trial of IHL-42X

    globenewswire.com

    2025-06-18 07:30:00

    NEW YORK and MELBOURNE, Australia, June 18, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”), a clinical-stage biopharmaceutical company advancing combination drug therapies for high-impact indications, is pleased to announce that it has achieved database lock for the RePOSA Phase 2 clinical trial of IHL-42X, its lead drug candidate for obstructive sleep apnoea (OSA), on schedule as of 16 June 2025. This marks a major milestone in the development of IHL-42X, confirming the completion of clinical data collection and enabling final statistical analysis to begin.

    https://images.financialmodelingprep.com/news/incannex-healthcare-forms-joint-venture-with-mind-medicine-australia-20250617.jpg
    Incannex Healthcare Forms Joint Venture with Mind Medicine Australia to Expand Access to Psychedelic-Assisted Therapy

    globenewswire.com

    2025-06-17 07:30:00

    Expanded platform improves access, scales operations, and advances Incannex's position in next-generation mental health treatment Expanded platform improves access, scales operations, and advances Incannex's position in next-generation mental health treatment