Australian Companies are leaving the ASX to be listed in the USA

  • updated

I noted that it wasn't possible to search or a review of Australian listed companies. I thought it important maybe to let you know that many pharmaceutical/biotechnology companies during the pandemic are flocking out of Australia and into the USA


For example. GENE and 

1Alterity Therapeutics LimitedATHENASDAQPharma. & Biotech.
2Avita MedicalRCELNASDAQHealthCareEquip.&Ser
3Benitec BiopharmaBNTCNASDAQPharma. & Biotech.
4BHP BillitonBHPNYSEMining
5Genetic TechnologiesGENENASDAQPharma. & Biotech.
6ImmuronIMRNNASDAQPharma. & Biotech.
7Immutep LimitedIMMPNASDAQPharma. & Biotech.

  • * Shares of Recce Pharmaceuticals Ltd rise as much as 32.8% to a record high of A$1.52
  • * Drug developer enters into deal with U.S-based Path BioAnalytics Inc for the study of RECCE 327 and RECCE 529 against SARS-CoV-2 - the virus causing the COVID-19 disease...
  • * Preliminary study data expected in September
  • * RECCE 327 and RECCE 529 are Recce's drug candidates developed for the treatment of infections and sepsis
  • * Stock posts its biggest intraday percentage gain since July 9
  • * Over 2.6 mln shares change hands, compared with the 30-day average volume of about 548,800 shares
  • * Stock had increased more than three-fold this year, as of last close