Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 2Q 2025
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Stonegate Capital Partners has updated their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL) for the second quarter of fiscal year 2025. The company reported a decrease in R&D costs to $1.4M from $2.6M in the same period last year.
February 18, 2025 | 11:00 pm
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Stonegate Capital Partners updated their coverage on Incannex Healthcare, noting a significant decrease in R&D costs for 2Q 2025. This could indicate improved cost management.
The decrease in R&D costs from $2.6M to $1.4M suggests better cost management, which is a positive indicator for investors. Stonegate's updated coverage highlights this change, potentially boosting investor confidence.
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