AwesomeStocks Donât want emails from us anymore? Click [here]( to unsubscribe. Hello! New Alert: Bionomics Limited (NASDAQ: BNOX) BNOX is a recent high volatility opportunity that rallied +35% intraday following our last alert. Now, BNOX could present another opportunity for increased gains. In addition, BNOX announced breaking news this morning. As a reminder, BNOX is a âclinical-stage biotechnology company developing novel, first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system (âCNSâ) disorders with high unmet medical needâ. BNOX is âadvancing its lead drug candidate, BNC210, an oral, proprietary, selective negative allosteric modulator of the α7 nicotinic acetylcholine receptor, for the acute treatment of Social Anxiety Disorder (SAD) and chronic treatment of Post-Traumatic Stress Disorder (PTSD)â. According to the National Alliance on Mental Illness, âAnxiety disorders are the most common mental health concern in the United States. Over 40 million adults in the U.S. (19.1%) have an anxiety disorder.â Social Anxiety Disorder, sometimes called social phobia, is an âanxiety disorder characterized by extreme fear or anxiety in one or more social settingsâ. According to the NIH, an âestimated 7.1% of U.S. adults had social anxiety disorder in the past yearâ. As the company further explains: âFormulated as a solid oral tablet, BNC210 is a negative allosteric modulator of the α7 nicotinic acetylcholine receptor under development for the acute treatment of SAD and chronic treatment of Post-Traumatic Stress Disorder (PTSD).â Importantly: âBNC210 has been given FDA Fast Track designation for acute treatment of SAD and other anxiety-related disorders, and for treatment of PTSD and other trauma and stressor-related disorders.â In addition, BNOX has a âstrategic partnership with Merck & Co., Inc. (known as MSD outside the United States and Canada) with two drugs in early-stage clinical trials for the treatment of cognitive deficits in Alzheimerâs disease and other central nervous system conditionsâ. Furthermore: âBionomicsâ pipeline also includes preclinical assets that target Kv3.1/3.2 and Nav1.7/1.8 ion channels being developed for CNS conditions of high unmet needâ. BNOX has announced multiple accomplishments recently. In July, the company announced: âBionomics Announces Key Leadership Updates to Drive U.S.-Focused Transformation and Next Stage of Strategic Growthâ Here are the companyâs comments from this press release: âWith the addition of multiple U.S.-based and highly accomplished industry executives, we believe we have positioned Bionomics for sustainable growth as we continue to advance our corporate evolution,â said Spyros Papapetropoulos, M.D., Ph.D., President and CEO of Bionomics. âCollectively, Tim, Julie, and Atul bring over 50+ years of experience in the biopharma sector, and diverse expertise in developing and commercializing drug products. I am confident that their complementary skill sets will be instrumental in leading the Company into a new era focused on the fiscally efficient advancement of our late-stage programs. I would like to thank Connor for his contributions to the Company and wish him well for the future, as well as Adrian Hinton, Acting CFO for the last four years who will continue supporting the Company as a Financial Controller. In addition, I look forward to working with Alan in his new role as Chair of the Board and would like to thank Errol for his many contributions to Bionomics.â In addition, in July, the company stated: âBionomics is approaching several very important value-inflection milestones for our late-stage clinical development program with BNC210, a first and best-in class α7 nicotinic receptor negative allosteric modulator under evaluation in patients with Social Anxiety Disorder (SAD) and Post-Traumatic Stress Syndrome (PTSD), in the coming quarters,â said Spyros Papapetropoulos, M.D. Ph.D., Bionomicsâ President and CEO; âAs we continue our transformation to a U.S.-focused organization, we would like to deepen our engagement with the broadest range of potential investors and maximize Bionomicsâ access to capital and financing opportunities while reducing costs and compliance obligations associated with a dual listing. We believe delisting from the ASX and focusing on a primary listing on the NASDAQ will increase our trading volume and liquidity, and consequently will enable Bionomics to fulfill these objectives and support continued value creation for patients, investors, and our stakeholders.â Most recently, the company announced: âBionomics Completes Last Patient Last Visit in the Phase 2b ATTUNE Study for Post-Traumatic Stress Disorder (PTSD) and Confirms Expected 2023 Milestones with its Lead Asset BNC210â Here are the highlights from this press release: - âThe last patient last visit has been completed in the Phase 2b ATTUNE study of BNC210 for the treatment of PTSDâ
- âTopline results from Phase 2b ATTUNE study of BNC210 in patients with PTSD are expected by the end of September 2023â
- âAn end-of-phase 2 (EoPh2) meeting with the U.S. Food and Drug Administration (FDA) has been scheduled for September 2023 to review results from the Phase 2 PREVAIL study in patients with Social Anxiety Disorder (SAD) and to obtain feedback on a proposed Phase 3 registrational programâ
- âBionomics is scheduled to delist from the Australian Securities Exchange on 28 August 2023â Here are the companyâs comments from this press release: âWe continue our strong momentum with our fast track designated BNC210, with a robust clinical and regulatory milestone-rich year in both SAD and PTSD, two highly prevalent neuropsychiatric disorders with significant unmet needs,â said Spyros Papapetropoulos, M.D., Ph.D., President and CEO of Bionomics. âI would like to thank study participants, their families, our clinical site investigators and their staff and our clinical team for their contributions towards achieving completion of the ATTUNE study. We also look forward to our EoPh2 meeting with the FDA next month, where we will discuss our promising results from the PREVAIL study in SAD and the proposed Phase 3 clinical program.â In addition, just this morning, the company announced: âBionomics Announces Update on the α7 Nicotinic Acetylcholine Receptor (nAChR) Positive Allosteric Modulator (PAM) Collaboration with MSDâ Here are the highlights from this press release: - âBionomics has collaborated with MSD to identify novel α7 nAChR PAMs suitable for the treatment of cognitive disorders like Alzheimerâs Diseaseâ
- âBased on the learnings from Bionomicsâ candidate BNC375, additional candidates have been developed with improved drug like and pharmacological properties that are currently in Phase 1 safety, tolerability, pharmacokinetics and biomarker studiesâ BNOX could be in a position to experience increased growth. Make sure to do your own due diligence. Sources: [NAMI]( [ADAA]( [ADAA2]( [NIH]( [MHA]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. 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