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Benzinga

Business

Jelena Martinovic

Incannex Healthcare To Acquire APIRx Pharmaceuticals For $93.3M

Incannex ASX IHL Nasdaq

Incannex Healthcare Limited (NASDAQ:IXHL) (ASX: IHL) announced that it has executed a term sheet with binding commercial terms to wholly acquire APIRx Pharmaceutical USA, LLC, subject to shareholder approval under ASX listing Rule 7.1.

The proposed acquisition is for 100% of the issued share capital in APIRx Pharmaceutical USA, LLC by Incannex Healthcare Limited from the APIRx shareholders.

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