Incannex Healthcare Limited

NasdaqGM IXHL

Incannex Healthcare Limited Return on Capital Employed (ROCE) for the year ending June 30, 2024

Incannex Healthcare Limited Return on Capital Employed (ROCE) is NA for the year ending June 30, 2024. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
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NasdaqGM: IXHL

Incannex Healthcare Limited

CEO Mr. Joel Bradley Latham
IPO Date March 2, 2022
Location Australia
Headquarters 207/11 Solent Circuit
Employees 9
Sector Health Care
Industries
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.

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StockViz Staff

January 15, 2025

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