Incannex Healthcare Limited (ASX: IHL) Share Price and News

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Incannex Healthcare Limited Chart and Price Data

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Incannex Healthcare Limited (ASX: IHL)
Latest News

Rising marijuana share price.
Share Gainers

Up 35% in a month, is the Incannex share price on the comeback trail?

The cannabis player continues to post tidy gains on the chart.

Read more »

A man in business suit wearing old fashioned pilot's leather headgear, goggles and scarf bounces on a pogo stick in a dry, arid environment with nothing else around except distant hills in the background.
Cannabis Shares

Can ASX cannabis shares ever fully recover?

We take a look at ASX cannabis shares.

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A Cronos Australia farmer and ASX cannabis shares investor stands in a field of cannabis plants and smiles at the camera
Share Gainers

Why is the Incannex share price spiking 8% on Tuesday?

The stock has caught a bid on Tuesday.

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A little boy surrounded by green grass and trees looks up at the sky, waiting for rain or sunshine.
Healthcare Shares

'World's largest portfolio': Why this ASX cannabis share is up 36% in August

Investors have rewarded recent news.

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A couple are shocked and elated at the good news they've just seen on their devices.
Share Gainers

Why Core Lithium, European Lithium, Incannex, and Qantas shares are pushing higher

These ASX shares are ending the week strongly...

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Researcher putting cannabis leaf in test tube.
Share Fallers

The Incannex share price has plunged 70% so far in 2022. What's gone so wrong?

Downside continues over the past month for the cannabis stock.

Read more »

Three people sit on safe cheering with pizza on table
Share Gainers

3 ASX All Ordinaries shares going great guns on Thursday

It's a good day to be invested in these stocks.

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An older farmer wearing a checkered shirt and a straw hat stands in a green field of cannabis plants growing up to waist level as he smiles while thinking about the outlook for ASX cannabis shares in FY23
Cannabis Shares

Green shoots or just weeds? The outlook for ASX cannabis shares in FY23

Are cannabis stocks set to rise along with the broader industry in the new financial year?

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A woman wearing a pink blouse and straw hat holds up a cannabis leaf with tall green cannabis plants in the background
Cannabis Shares

How did ASX cannabis shares perform in FY22?

Here's a look at the sector's performance in the financial year just gone.

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Two researchers discussing results of a study with each other.
Healthcare Shares

Here's how ASX 200 healthcare shares performed in June

Healthcare shares were a tad ill in June.

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Share Market News

5 worst ASX All Ordinaries shares in June

Negative sentiment towards these five ASX shares resulted in big price declines in June. Here's why.

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A woman wearing a pink blouse and straw hat holds up a cannabis leaf with tall green cannabis plants in the background
Cannabis Shares

Remember when ASX cannabis shares were smoking hot? Where are they now?

Newly legalised recreational and medicinal marijuana markets aren't getting the media hype they once did.

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Frequently Asked Questions

Incannex listed on the ASX in May 2007.

No, Incannex has not yet paid out any dividends.

IHL ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Incannex Healthcare Limited

Incannex Healthcare Ltd (ASX: IHL) is a developer of cannabinoid and psychedelic compound medicines. It is currently involved in clinical programs for the treatment of six conditions: Obstructive Sleep Apnea (OSA), Generalised Anxiety Disorder (GAD), traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions.

The company has an Australian license to import, export, and distribute medicinal cannabis products and has a line of cannabinoid products.

The Incannex share price hit an all-time high of $5.36 a couple of months after listing in May 2007 before plunging to its current levels.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Troy Robert Valentine Non-Executive ChairmanNon-Executive Director Dec 2017
Troy Valentine has been Chairman of the Board of Directors since December 2017. Mr. Valentine is a finance professional with managerial and Board experience spanning over 27 years. He commenced his career with Australian brokerage firm Hartley Poynton (now Euroz Hartley s Limited) in 1994 before moving to Patersons Securities (now Canaccord Genuity) in 2000 and subsequently became an Associate Director. During his time at Patersons, he was responsible for managing both retail and institutional accounts. Mr. Valentine has significant corporate and capital raising experience, especially with start-ups and small to mid-cap size companies. He is currently a director of Australian boutique corporate advisory firm Alignment Capital Pty Ltd, which he co-founded in 2014.
Mr Peter Widdows Non-Executive Director Mar 2018
Mr Valentine has been Chairman of the Board of Directors since December 2017. Mr. Valentine is a finance professional with managerial and Board experience spanning over 27 years. He commenced his career with Australian brokerage firm Hartley Poynton (now Euroz Hartleys Limited) in 1994 before moving to Patersons Securities (now Canaccord Genuity) in 2000 and subsequently became an Associate Director. During his time at Patersons, he was responsible for managing both retail and institutional accounts. Mr. Valentine has significant corporate and capital raising experience, especially with start-ups and small to mid-cap size companies. He is currently a director of Australian boutique corporate advisory firm Alignment Capital Pty Ltd, which he co-founded in 2014.
Mr Joel Bradley Latham Chief Executive OfficerExecutive DirectorManaging Director Jul 2018
Joel Latham is the CEO and Managing Director of Incannex Healthcare and is responsible for the Companys commercial operations, strategic decision- making, and oversight of all clinical development assets. Joel has over 15 years commercial management and executive experience, working for a range multi-national publicly traded companies.
Dr George Anastassov Non-Executive Director Jun 2022
Dr Anastassov is responsible for APIRx commercial operations, strategic decision-making, and oversight of all clinical development assets. He is one of the developers of the first-in-the world cannabinoid-containing chewing gum-based delivery system among a number of other systems and formulations. Previously, he was CEO and co-founder of AXIM Biotechnologies, which achieved an all-time-high market capitalization of approximately US$1.2B.
Mr Lekhram Changoer Non-Executive Director Jun 2022
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Mr Robert Bruce Clark Non-Executive Director Aug 2022
Mr Clark is a senior-level strategic regulatory affairs expert with over 38 years of US and Global regulatory experience, including >20 years with Pfizer Inc. and >10 years with Novo Nordisk A/S. He is an internationally recognized expert on US Food and Drug Administration ('FDA') and the European Medicines Agency (EMA) liaison interactions, US pharmaceutical advertising practices and regulatory aspects related to healthcare professionals and sales force activities. Mr Clark is Vice President, US Regulatory Affairsfor Novo Nordisk where he provides strategic leadership to a team of over 50 regulatory staff and scientists in the development of new medicines. He advises the global executive team on matters related to drug development programs, FDA liaison strategies, managing FDA-related compliance issues, and monitoring emerging US regulatory trends and opportunities.
Mr Madhukar (Madhu) Bhalla Company Secretary Jul 2021
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Madhukar (Madhu) Bhalla Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 82,707,741 5.23%
George Anastassov 66,972,077 4.23%
Prasch Bv 63,954,841 4.04%
Dr Sudhanshu Agarwal 34,080,364 2.15%
Cannvalate Pty Ltd 32,000,000 2.02%
Mr Raymond Laurence Carroll 30,250,000 1.91%
J P Morgan Nominees Australia Pty Limited 23,906,440 1.51%
Brownarrows Pty Ltd <Ejm A/C> 23,610,000 1.49%
BNP Paribas Noms Pty Ltd Deutsche Bank Tca <Drp> 22,880,950 1.45%
Citicorp Nominees Pty Limited 19,087,124 1.21%
Mr Peter Widdows 15,973,694 1.01%
Mr Kaide Wang 15,700,000 0.99%
IMI LLC 14,642,234 0.93%
Bagbo Pty Ltd 14,516,434 0.92%
Mr Brian Peter Byass 14,247,191 0.90%
Mr Joel Bradley Latham 13,829,129 0.87%
Gemini Capitall Llc <The Ars A/C> 13,787,086 0.87%
Slade Technologies Pty Ltd <Embrey Family S/F A/C> 13,350,000 0.84%
Alignment Capital Pty Ltd 13,194,248 0.83%
Ryba Llc 13,090,170 0.83%

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