Actinogen Medical (ACW or the Company) announced that it has appointed Avance Clinical (Avance) and Paratus Clinical (Paratus) to assist in the conduct, management, and recruitment of the XanaMIA Part A dose ranging study. Further, the Company has finalised its agreement with Australian neuroscience technology company Cogstate, to utilise its Neuropsychological Test Battery in the XanaMIA study. The XanaMIA Part A study is to be conducted at four Paratus clinics in Australia and will enroll a total of 105 healthy volunteers aged 50 years and over in a dose ranging study of 5mg and 10mg Xanamem® doses, to confirm the minimum effective dose. The total work order with Avance will be AUD 1.25 million. Paratus, a provider of a clinical-trial site network and related services across Australia, will perform all subject recruitment activities, with a total budget of AUD 850,000. Actinogen finalised a work order with Cogstate in April for USD 300,000, to utilise its Neuropsychological Test Battery, a modern platform designed to deliver highly sensitive cognition tests.