Zelira Therapeutics was hit with a A$30.7m impairment charge in the first half of the financial year, taking losses to A$34m.

The company, which is pursuing a listing with the US Food and Drug Administration (FDA) for its Hope autism product, said goodwill should be removed from its financial statement as its future revenue “relies on a number of long term and subjective assumptions”.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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