Company

Dimerix Limited

ASX:DXB

Clinical-stage biopharmaceutical company. Its lead candidate DMX-200 (repagermanium, a chemokine receptor CCR2 antagonist given on top of an angiotensin II receptor blocker) is in the Phase 3 ACTION3 trial for focal segmental glomerulosclerosis (FSGS), a rare glomerular disease that causes scarring of the kidney's filtering units and progressive loss of kidney function toward end-stage renal disease. The trial's primary endpoint is reduction in proteinuria, with eGFR decline as a longer-term measure. A second program, DMX-700, targets orphan respiratory and renal indications and is at an earlier stage. The longevity relevance is narrow and indirect: this is rare-disease nephrology, not a geroscience or ageing-biology program. It is relevant to healthspan only insofar as declining kidney filtration is one of the core organ-decline endpoints, and DMX-200 addresses a specific genetic and idiopathic kidney disease rather than age-related renal decline in the general population. No approved products and no revenue from product sales; the company is pre-approval and dependent on trial outcomes and regional licensing partners.

At a glance

Listing
ASX:DXB
Category
ASX listed
Headquarters
Fitzroy, Melbourne, Victoria, Australia (425 Smith St, Fitzroy 3065)
Market cap
~A$144M (A$0.241 per share, 17 July 2026; down ~57% over the prior twelve months)

Thesis

Why it is in this universe

Category
ASX listed
Market
Australia
Recent inflection
28 April 2026: Dimerix announced completion of an external blinded assessment of ACTION3's statistical assumptions, confirming the study remains powered at greater than 90% to detect a treatment effect on the proteinuria primary endpoint. In the same announcement the company and its commercial partners decided NOT to proceed with the interim analysis that would have supported a US Accelerated Approval filing, citing added cost, extended timelines, the need for additional confirmatory endpoints, and a reduced probability of success on final endpoints. The stated rationale was a changed FSGS regulatory landscape, including FDA confirmation that proteinuria is acceptable for traditional (full) approval and a recent FDA approval of another FSGS therapy on proteinuria. Net effect: a cleaner path to traditional approval, but the loss of a nearer-term accelerated-approval catalyst, consistent with the shares trading around 57% below their level a year earlier.
Services
None recorded
People tracked
1

Market data

Listing and scale

MetricDetail
ExchangeASX
TickerASX:DXB
Secondary listingNone
Market cap~A$144M (A$0.241 per share, 17 July 2026; down ~57% over the prior twelve months)
StatusListed and trading
Editor's noteA listing or financing event is not a clinical result. variis grades evidence on the linked protocol, not the share price.

Get in touch

Contact

Address
Fitzroy, Melbourne, Victoria, Australia (425 Smith St, Fitzroy 3065)
Phone
No public number published
Email
No public address published

Offering

What it sells today

No commercial services are recorded for this company yet.

Recent inflection

What moved lately

28 April 2026: Dimerix announced completion of an external blinded assessment of ACTION3's statistical assumptions, confirming the study remains powered at greater than 90% to detect a treatment effect on the proteinuria primary endpoint. In the same announcement the company and its commercial partners decided NOT to proceed with the interim analysis that would have supported a US Accelerated Approval filing, citing added cost, extended timelines, the need for additional confirmatory endpoints, and a reduced probability of success on final endpoints. The stated rationale was a changed FSGS regulatory landscape, including FDA confirmation that proteinuria is acceptable for traditional (full) approval and a recent FDA approval of another FSGS therapy on proteinuria. Net effect: a cleaner path to traditional approval, but the loss of a nearer-term accelerated-approval catalyst, consistent with the shares trading around 57% below their level a year earlier.

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