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INTELGENX TECHS CORP - $IGXT STOCK NEWS

Welcome to our dedicated page for INTELGENX TECHS news (Ticker: $IGXT), a resource for investors and traders seeking the latest updates and insights on INTELGENX TECHS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INTELGENX TECHS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of INTELGENX TECHS's position in the market.

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IntelGenx Technologies Corp. announced the voting results on the election of directors at their annual meeting, where shareholders voted in favor of all items of business. The meeting was held virtually, with the majority of votes cast in favor of the directors. Detailed results showed the election of eight directors and ratification of the independent auditors for the fiscal year 2024. Shareholders holding 62.79% of the common stock were present at the meeting.

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IntelGenx Corp. announces the administration of Montelukast VersaFilm® to the first Parkinson’s Disease patients in the Phase 2 MONTPARK clinical trial. The trial aims to investigate the efficacy of high-dose Montelukast on early-to-moderate PD progression, with 90 patients receiving the treatment or placebo for 18 months.
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IntelGenx Corp. (IGXT) receives a Complete Response Letter from the FDA for Buprenorphine Buccal Film, requiring additional Pharmaceutical Quality information. The FDA confirms no further facility inspection needed. The drug is a generic version of Belbuca®, used for chronic pain management.
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IntelGenx Technologies Corp. reported financial results for Q4 2023 and full-year 2023, highlighting revenue growth, reduced net comprehensive losses, and strategic partnerships. The company expects significant revenue generation in 2024 through product launches. Financially, Q4 revenue increased to $426,000, with a net comprehensive loss of $1.7 million. Full-year revenue reached $1.04 million, with a net comprehensive loss of $10.1 million. Recent developments include private placement financing, Regulation A offering, partnership expansions, and positive clinical trial results.
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IntelGenx Technologies Corp. (IGXT) to release Q4 and full year 2023 financial results on March 21, 2024, with a conference call hosted by CEO and CFO.
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IntelGenx Technologies Corp. announces a Loan Agreement with atai Life Sciences AG, involving Additional Term Loans, Conversion Features, Warrants issuance, and related party transactions. atai advances up to US$2 million convertible into 10,810,810 Shares, aiming to beneficially own approximately 67% of the Company's issued and outstanding Shares.
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IntelGenx Corp. announced a Regulation A offering of up to 2,000,000 shares of Series A Convertible Cumulative Preferred Stock at $10.00 per share, aiming to raise $20,000,000. Holders will receive 8% yearly dividends and can convert each share into 20 common shares. The offering aims to support the pending U.S. commercial launch of RizaFilm® and strategic investments in the product pipeline.
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6.67%
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IntelGenx Corp. announced a Regulation A offering of up to 2,000,000 shares of Series A Convertible Cumulative Preferred Stock at $10.00 per share, aiming to raise a maximum of $20,000,000. The holders of the Series A Preferred Stock will receive cumulative dividends of $0.20 per share each quarter. The offering is intended to support the upcoming U.S. commercial launch of RizaFilm® and strategic investments in the company's product pipeline and services portfolio.
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IntelGenx Corp. (IGXT) announced positive results from a proof-of-concept study evaluating the acceptance and ease of administration of its VetaFilm platform in dogs and cats. The study, conducted in collaboration with the University Prince Edward Island, showed high acceptance rates and ease of administration of VetaFilm FDOFs in both species. Dog owners and cat owners reported that administration of VetaFilm FDOFs was very easy or easy, with a majority identifying it as the preferred method of medication administration.
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IntelGenx Corp. (IGX) announces development and license agreements with Covenant Animal Health, expanding its Animal Health business. Covenant Animal Health will fund development and manufacturing of a VetaFilm®-based drug, giving them exclusive rights to exploit the Product for non-human applications. IntelGenx will receive royalties on worldwide net sales of the Product and manufacture it for clinical development.
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INTELGENX TECHS CORP

OTC:IGXT

IGXT Rankings

IGXT Stock Data

32.33M
135.32M
22.4%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Saint Laurent

About IGXT

intelgenx is a montreal based company devoted to developing its novel and innovative proprietary technologies for enhanced drug delivery. our business strategy is to apply our proprietary drug delivery technologies to improve existing drug compounds with proven efficacy and safety and, in conjunction with strategic development and distribution partners, reintroduce these drug compounds to the market as branded products with improved deliverability and efficacy. intelgenx is capable, through itself and strategic partners, of offering its partners full service pharmaceutical development from formulation development, clinical development and regulatory activities to manufacturing and packaging. intelgenx’s highly qualified team has the capability to work with new chemical entities (nces) or established therapeutic active pharmaceutical ingredients (apis) where the use of innovative new drug delivery systems offer significant competitive advantage or the opportunity for product exten