A low-dose CBD capsule that helps people sleep could be the catalyst for a rocketing share price and soaring company valuation, and ultimately result in a takeover that will provide a payday for shareholders, the chief executive of Avecho Biotechnology has predicted.
Outlining a vision for the company, Dr Paul Gavin compared Avecho to another ASX-listed biotech, Dimerix, whose successful trial in 2023 for a product targeting kidney disease was the launchpad for huge financial growth.
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