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.
| Specialty Retail Industry | Consumer Discretionary Sector | Joel Bradley Latham CEO | NASDAQ (CM) Exchange | 45333L106 CUSIP |
| AU Country | 9 Employees | - Last Dividend | 30 Nov 2023 Last Split | 2 Mar 2022 IPO Date |
Incannex Healthcare Inc. is a clinical stage pharmaceutical development company focused on the cutting-edge research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies. Catering to a wide range of medical conditions, the company is pioneering treatments for obstructive sleep apnoea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (including conditions such as ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, pain, and other significant indications. With a commitment to leveraging the potential of cannabinoids and psychedelics for medical treatments, Incannex Healthcare is at the forefront of addressing unmet medical needs through innovative therapeutic solutions.