ASX Issues "Code of Best Practice" for Reporting by Life Science Companies

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The Australian Securities Exchange (ASX), after extensive industry consultation has just issued a revised "Code of Best Practice" for Reporting by Life Science Companies (Code).

While adoption of the new Code is not mandatory, it provides a very useful tool for listed life sciences companies to discharge their continuous disclosure obligations under the ASX Listing Rules (which have the force of law pursuant to the Corporations Act).

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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