Xenon Reports Q3 2024 Financial Results and Business Update
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Xenon Pharmaceuticals (Nasdaq: XENE) reported its Q3 2024 financial results, highlighting progress in its epilepsy and major depressive disorder (MDD) programs. The company is advancing its Phase 3 epilepsy program with X-TOLE2 data expected in H2 2025 and plans to initiate the X-NOVA2 study for MDD by year-end. Xenon is also expanding its ion channel portfolio and has appointed Matt Ronsheim as COO.
November 12, 2024 | 9:15 pm
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Xenon Pharmaceuticals is advancing its Phase 3 epilepsy and MDD programs, with significant milestones expected in 2025. The company is also expanding its ion channel portfolio and has strengthened its leadership team with a new COO.
The announcement of progress in key clinical programs and the expansion of the ion channel portfolio are positive indicators for Xenon's future growth. The appointment of an experienced COO further strengthens the company's leadership, likely boosting investor confidence.
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