BUZZ-Australia's InhaleRx gains on securing funding for depression therapy SRX-25
Reuters
Dec 04, 2025
BUZZ-Australia's InhaleRx gains on securing funding for depression therapy SRX-25
** Shares of Australia's InhaleRx IRX.AX rise as much as 7.7% to A$0.027, posting their biggest intraday pct gain since November 20
** Medical device maker gets A$12.6 million ($8.32 million)in additional funding to support development of SRX-25, an oral fixed-dose combination therapy targeting treatment-resistant depression
** Stock has fallen 19.4% this year, including day's moves
($1 = 1.5145 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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