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Incannex Healthcare shares rise 10.19% intraday after FDA grants Fast Track designation for IHL-42X for sleep apnea with 83% AHI reduction in trials.
ByAinvest
Wednesday, Dec 3, 2025 10:12 am ET1min read
Incannex Healthcare surged 10.19% intraday, driven by the FDA granting Fast Track designation to its IHL-42X for obstructive sleep apnea treatment, with clinical trials showing up to an 83% reduction in the Apnea-Hypopnea Index. The company is a clinical-stage biopharmaceutical firm specializing in innovative therapies for medical cannabis and psychedelic drugs.
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