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

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Incannex Healthcare Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

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as at 24 Feb 3:44pm

Incannex Healthcare Limited (ASX: IHL)
Latest News

Falling cannabis asx share price represented by cannabis leaves on a declining line graph
Cannabis Shares

What's dragging the Incannex (ASX:IHL) share price 5% lower today?

The medicinal cannabis producer is having a bad day after releasing an update on its potential listing in the US.

Read more »

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

These were the top performing ASX cannabis shares in November

It was a tough month for ASX cannabis shares but we've identified 3 diamonds in the rough.

Read more »

Two doctors wearing white coats look closely at a medical imaging x-ray as the share prices of ASX 200 healthcare shares improve in FY23
Healthcare Shares

These were the 5 best performing ASX healthcare shares in November

It was a weak month overall for ASX healthcare shares but several names outperformed.

Read more »

A woman jumps for joy with a rocket drawn on the wall behind her.
52-Week Highs

Here's why the Incannex (ASX:IHL) share price has rocketed 60% in a month

A raft of company and regulatory catalysts have propped up the Incannex share price over the past few weeks.

Read more »

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

These were the best performing ASX cannabis shares in October

These were the outperformers in the ASX cannabis shares basket in October.

Read more »

a woman holds a newly-sprouted cannabis plant in a ball of soil as she walks along a path in a farm where crops are growing either side.
Share Gainers

Incannex (ASX:IHL) share price leaps 6% on manufacturing update

Sprouts of green appear for Incannex shares this morning after a market update.

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A man in a wheelchair stretches both arms into the air in success.
Healthcare Shares

How did ASX healthcare shares perform in the FY22 first quarter?

ASX healthcare shares have pivoted from the major benchmarks in Q1 to book gains.

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A woman holds her hands to her face in shock and fear with a worried expression on her face as many ASX 200 shares hit 52-week lows today
Healthcare Shares

The Incannex (ASX:IHL) share price has lost 20% in 4 weeks. What's happening?

Incannex shares recently reversed their upward momentum. Read on for more details.

Read more »

Falling cannabis asx share price represented by cannabis leaves on a declining line graph
Share Market News

What's going wrong for ASX cannabis shares lately?

Why Aussie cannabis companies are worth watching right now...

Read more »

increasing cannabis asx share price represented by growing coin piles with cannabis plants on top
Share Gainers

The Incannex (ASX:IHL) share price is up 40% in a month. Here's why

Incannex has been on an extended run lately. Here are the details.

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women working with medicinal marijuana, indicating a share price movement in ASX cannabis shares
Cannabis Shares

Why the Incannex (ASX:IHL) share price is rocketing 170% in 2021

Investors are seemingly optimistic on the healthcare company.

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rising medical asx share price represented by excited doctors dancing in ward
Share Gainers

Why the Incannex (ASX:IHL) share price leapt 9% today

Incannex shares are on the move after the company updated investors on its next moves.

Read more »

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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