Recce Prescribed drugs Applies for Twin Listing on FSE (Frankfurt Inventory Trade)

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Highlights:

  • Broadens institutional and retail investor base throughout EU and allows access to added cash marketplaces
  • No associated capital boosting – trade of present securities with trade quantity to raise on ASX
  • On-the-ground trader relations firm to even further assist meant research systems in EU

SYDNEY, Australia, Feb. 24, 2021 (World NEWSWIRE) — Recce Pharmaceuticals Ltd (ASX: RCE) (Firm), the Business developing new lessons of synthetic anti-infectives is delighted to announce it has commenced the software system to dual record its stock on the Frankfurt Stock Exhange (FSE).

“Dual-listing on FSE allows Recce to broaden its publicity to European traders,” mentioned Dr. John Prendergast, Non-Executive Chairman of Recce Prescribed drugs Ltd. “The Corporation considers that it fulfills the requirements vital to twin-record on FSE and will give updates on its software progress.”

Twin listing on the FSE will see the Firm maximize publicity to a huge base of retail and institutional traders in the European Union (EU) as a result of German Investing Exchanges (Frankfurt, Tradegate, Berlin, Stuttgart). The Frankfurt Inventory Trade is the 3rd largest in Europe and tenth largest in the planet.

Recce Pharmaceuticals has appointed Deutsche Gesellschaft Für Wertpapieranalyse GMBH (DGWA) as its investor and corporate relations advisor in Europe. DGWA will aid engagement with future investors in the German talking DACH region (Germany, Austria and Switzerland) though driving recognition of Recce’s novel artificial anti-infective compounds.

Mr. Stefan Müller, the CEO of DGWA included, “We are enthusiastic to guidance Recce in engagement with European buyers and alternatives to expand its infectious disease plans.”

The Organization will deliver the market place additional updates on its listing procedure on substance developments, with expectation the system will be finished in future months.

About Recce Prescribed drugs LtdRecce Prescription drugs Ltd (ASX: RCE) is pioneering the improvement and commercialization of New Courses of Artificial Anti-Infectives created to deal with the urgent international health and fitness problems of antibiotic resistant superbugs and rising viral pathogens.

Recce’s anti-infective pipeline is exclusive and comprised of broad-spectrum artificial polymer antibiotics RECCE® 327, RECCE® 435, and RECCE® 529 for viral bacterial infections with exclusive mechanisms of motion against hyper-mutation on microorganisms and viruses, respectively.

Patented lead candidate RECCE® 327 has been designed for the treatment of blood infections and sepsis derived from E. coli and S. aureus microorganisms – which includes their superbug forms. Recce’s new antibiotic compound, RECCE® 435, has been formulated for oral use.

The Fda has awarded RECCE® 327 Capable Infectious Ailment Solution designation under the Making Antibiotic Initiatives Now (Acquire) Act – labelling it for Fast Observe Designation, furthermore 10 many years of market place exclusivity write-up approval.

Recce wholly owns its automatic production, all set to aid initial-in-human clinical trials. Recce’s anti-infective pipeline seeks to exploit the distinctive capabilities of RECCE® technologies concentrating on synergistic, unmet medical needs.

Corporate Get in touch withJames GrahamRecce Pharmaceuticals Ltd+61 (02) 8075 4585[email protected]

Media and Investor Relations (AU)Andrew GeddesCityPR+61 (02) 9267 4511[email protected]

Media and Investor Relations (United states)Meredith Sosulski, Ph.D.LifeSci Communications+1 929 469 3851[email protected]

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Source: Recce Prescription drugs