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ARTICLE · 05 OCTOBER 2022

Continuous disclosure for life sciences companies

Piper Alderman
Piper Alderman
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Piper Alderman

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Continuous disclosure is a key challenge for boards of all ASX-Listed companies & in particular for life sciences companies.

AustraliaCorporate/Commercial Law
Lis Boyce
Lis Boyce
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Continuous disclosure is a key challenge for boards of all ASX-Listed companies. The obligation of "immediate" disclosure of market-sensitive information requires Boards to make quick decisions, sometimes based on incomplete information.

For life sciences companies, there are added complexities such as:

  • providing balanced and clear explanations of highly technical information;
  • juggling disclosure obligations with embargo requirements for thought leadership journals and conferences; and
  • keeping a reasonable flow of announcements over the long development timeline.

These challenges underpin the 'Code of Best Practice for Reporting by Life Science Companies' (the Code), written by ASX, AusBiotech and other key participants in the life science sector1.

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