Mexican healthcare concept ai gen
Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Dimerix Limited (ASX:DXB) has confirmed it’s begun recruiting adolescent kidney disease patients in Mexico, now that its ‘ACTION3‘ Phase 3 clinical trial location has been selected. Ages range from 12 to 17.

HotCopper users were perusing the announcement pre-market trades – the most popular announcement of the day thus far.

Dimerix is expanding its scope beyond Mexico, too – the company flagged an additional 14 specialist paediatric clinical sites are set to open in Argentina, the UK and the US. It’s also appointed an expert nephrologist to its board.

“I am delighted to be extending my relationship with Dimerix for their FSGS program,” NYU School of Medicine Dr. Howard Trachtman – the expert nephrologist in question – said. For all intents and purposes, nephrology is kidney disease.

FSGS remains an area of huge unmet need with similarly poor outcomes in both children and adults. There are still no approved therapies to delay or prevent progression to kidney failure.”

As for the Phase 3 ACTION3 trial, the company expects “interim analysis” to come in around halfway through CY2025. The company says it has enough cash on its own to fund the study.

“Patients in this “adolescent or paediatric cohort” of the ACTION3 Phase 3 clinical trial will also be blinded, randomised (i.e. unknowingly placed on either placebo or DMX-200) and will be followed for a period of two years,” DXB wrote on Thursday.

DXB last traded at 39cps.

DXB by the numbers
More From The Market Online
Market Update Graphic

ASX Market Update: Bourse inches higher after paring gains | January 15, 2025

The Discretionary sector has been leading the market higher, up 0.6%, followed by Real Estate, up…
Two men shaking hands

ABx secures Tasmanian industrial facility from Rio Tinto for pilot plant

ABx Group Ltd has secured an industrial facility in Bell Bay, Tasmania, where it aims to…
David Moult speaks at the Sydney Mining Club about Yancoal Australia.

Moult’s shock same-day retirement leaves Yancoal hunting for new boss

Yancoal Australia (ASX:YAL) has begun the search for a new chief executive officer after
A computer chip

Nanoveu proves lower power consumption possible with EMASS ECS-Dot Chipset

Nanoveu Ltd has been able to demonstrate the energy efficient qualities of its Embedded AI Systems…