IHL News: Incannex Healthcare rallies after airing plan to buy cannabis medicine company APIRx - 24th Mar 2022, 11:47pm

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Incannex Healthcare Ltd. shares jumped 7% after the Australia-based cannabinoid and psychedelic compound medicine development company said it would pay $93.3 million to acquire APIRx Pharmaceutical USA LLC, a pharmaceutical medicinal cannabinoid product development company. Incannex said the acquisition of APIRx will provide a portfolio of "promising therapeutic candidates" targeted at treating pain, dementia, Parkinson's Disease, restless leg syndrome, gastrointestinal diseases, periodontitis,

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