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Incannex Healthcare Limited

IXHL
Healthcare|Biotechnology|AU
$2.24
-0.03 (-1.32%)
DCF Value
$3.98
Tangible Book / Share
$5.47
Cash / Share
$5.50

About

Incannex Healthcare Limited is an Australian company dedicated to the research, development, and commercialization of medicinal cannabinoid products. The firm offers pharmaceutical-grade cannabinoid compounds under its proprietary Incannex brand. Its product pipeline includes several key assets: IHL-42X: This compound is currently undergoing Phase II clinical evaluation for the treatment of obstructive sleep apnea (OSA). Incannex partners with The Alfred Hospital and Novotech on this specific clinical program. IHL-216A: Designed to address traumatic brain injury (TBI). Furthermore, the Monash Trauma Group, part of Monash University's Department of Neuroscience, is conducting a study on IHL-216A's protective effects against sports-related concussions. IHL-675A: A unique formulation combining hydroxychloroquine and cannabidiol, developed for both the prevention and management of a range of inflammatory conditions. These include acute respiratory distress syndrome (ARDS), chronic obstructive pulmonary disease (COPD), asthma, bronchitis, rheumatoid arthritis, and inflammatory bowel diseases. Originally established in 2001 as Impression Healthcare Limited, the company officially changed its name to Incannex Healthcare Limited in June 2020. Incannex maintains its corporate headquarters in Sydney, Australia.

Stock Price

-79.5%(1Y)
1M
-30.0%
3M
-29.1%
6M
-51.1%
YTD
-79.1%
1Y
-79.4%
3Y
-98.3%
5Y
-99.9%

Pipeline Summary

0 total trials
0
Phase 1
0
Phase 2
0
Phase 3
0
Phase 4

Key Facts

Market Cap$26.8M
Employees12 (+0% YoY)
CEOJoel Bradley Latham
IPO DateMar 2, 2022
Beta2.82
52-Week Range$2.16 – $14.91
Avg Volume194,886
ExchangeNASDAQ

Ownership

Float82.5%
Shares Outstanding12.0M

Recent Insider Trades

Valentine TroyAWARD
Nov 14, 202511,302,608 shares
Clark RobertAWARD
Nov 14, 20251,686,956 shares
Widdows PeterAWARD
Nov 14, 20251,686,956 shares
Swan JosephAWARD
Nov 14, 2025869,565 shares
Latham JoelAWARD
Nov 14, 202522,608,692 shares

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Data last updated: Nov 9, 2026, 04:17 AM