Invex Therapeutics Limited (ASX:IXC) is a biopharmaceutical company focused on the repurposing of an already approved drug, Exenatide, for efficacious treatment of neurological conditions derived from or involving raised intracranial pressure, such as Idiopathic Intracranial Hypertension (IIH), acute stroke and traumatic brain injury. Invex has trademarked its repurposed Exenatide as Presendin™. To date, Invex has focussed its clinical development of Presendin™ for IIH. Following a successful Phase II clinical trial in May 2020, the Company has progressed Presendin™ into a single Phase III registration trial in IIH. The purpose of this trial is to meet the regulatory requirements for market approval of Presendin™ in Europe, the UK and Australia, which represents an annual market opportunity in excess of A$1 billion.