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The Finance Behind the Science
The history of biotech is littered with promising therapies that never reached patients. Some fail because the science was wrong. Others fail because funding ran out before the science had a chance to prove itself.
Date
June 15, 2026
Topic
Biotech

The history of biotech is littered with promising therapies that never reached patients.

Some fail because the science was wrong. Others fail because funding ran out before the science had a chance to prove itself.

For Australian biotech company Actinogen Medical, the coming months represent a defining period as it advances Xanamem, its novel cortisol-targeting treatment for Alzheimer's disease, through the pivotal XanaMIA Phase 2b/3 clinical trial program. Alongside the main study, the company is also progressing its Open Label Extension program, designed to provide additional long-term safety and efficacy data.

CFO Mag