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CEAPRO INC - CRPOF STOCK NEWS

Welcome to our dedicated news page for CEAPRO (Ticker: CRPOF), a resource for investors and traders seeking the latest updates and insights on CEAPRO.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CEAPRO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CEAPRO's position in the market.

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Ceapro Inc. reported its 2023 financial results and operational highlights, showcasing achievements in R&D, clinical studies, and new product development. The company's sales decreased by 49%, largely due to reorganization with a major customer. Ceapro announced a merger with Aeterna Zentaris to enhance its biopharmaceutical portfolio. Financially, there was a net loss in 2023, impacted by operational changes and lower sales.

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Aeterna Zentaris Inc. and Ceapro Inc. announce final court approval for their all-stock merger of equals transaction. The Transaction is expected to be completed in the second quarter of 2024, pending necessary approvals and conditions.
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Aeterna Zentaris Inc. and Ceapro Inc. announce the approval of an all-stock merger of equals transaction by their securityholders. The voting results indicate strong support for the merger, with specific resolutions passing with high percentages. The Transaction is expected to close in the second quarter of 2024, pending necessary approvals, leading to the formation of a new entity listed on the Nasdaq and the TSX.
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Ceapro Inc. provided an update on its progress, announcing a merger with Aeterna Zentaris Inc. in an all-stock transaction. Ceapro continues to focus on pipeline development, new product development, and technology advancements. The company's clinical trials, product formulations, and commercial launches show promising results. Additionally, Ceapro's PGX Technology for whey proteins presents a cost-effective alternative. Despite challenges in 2023, Ceapro's business outlook appears positive with key developments in various sectors.
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Ceapro Inc. announces a special meeting for Securityholders to vote on an all-stock merger of equals with Aeterna Zentaris Inc., creating a combined company listed on Nasdaq and TSX. The merger aims to enhance financial position, revenue streams, product pipeline, and market exposure.
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Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) announced the commencement of patient dosing in its Phase 1-2a study for its flagship product, avenanthramides, with no adverse reactions observed. The study is led by Dr. Jean-Claude Tardif at the Montreal Heart Institute and aims to manage conditions related to inflammation. The Phase 1-2a trial will enroll 72 healthy subjects in the Phase 1 portion and 24 patients in the Phase 2a portion to evaluate safety and potential efficacy of avenanthramides.
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Ceapro Inc. (CZO) Announces Q3 2023 Sales of $2,619,000, a 32% Decline from Q3 2022, and YTD Sales of $7,983,000, a 48% Decline from 2022
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Ceapro Inc. (CZO) announces the initiation of Phase 1-2a study for avenanthramides, a di-phenolic compound found in oats, to evaluate its potential applications in managing conditions related to inflammation. The study, led by Dr. Jean-Claude Tardif at the Montreal Heart Institute, will focus on assessing safety, tolerability, and pharmacokinetics of avenanthramides in healthy subjects, with a potential Phase 2a portion for patients with mild to moderate inflammation. The study aims to provide valuable insights into the potential therapeutic benefits of avenanthramides in cardiovascular disease, with significant market potential and patient benefit, positioning it as a key product for Ceapro.
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Ceapro Inc. partners with NATEX Prozesstechnologie GmbH to scale up proprietary PGX Technology, aiming to accelerate commercial production of bioactive ingredients. The collaboration involves the installation of a 10X (100 L) processing unit at NATEX's Austrian pilot testing facility, with yeast beta glucan as the first bioactive to be processed. The 50L plant is being installed at Ceapro's Edmonton facility, while the 100L plant is under construction in Austria, with expected completion in 2024.
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Ceapro Inc. reports $5.5 million in sales for the first six months of 2023, lagging behind the $11.7 million from the same period in 2022. Ongoing strategic discussions and planning for uplisting to Nasdaq. Ended the quarter with $11.3 million in cash. Positive results from animal studies on wound healing and tissue regeneration. Encouraging results from research collaboration for potential inhalo-therapeutic. Appointed Mr. Michel Regnier as Senior VP, Technical Operations. Net loss after tax of $1.2 million for the second quarter of 2023. Cash used in operations of $2.2 million for the first six months of 2023. Positive working capital balance of $17.4 million as of June 30, 2023.
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CEAPRO INC

OTC:CRPOF

CRPOF Rankings

CRPOF Stock Data

14.20M
76.19M
4.01%
Pharmaceutical Preparation Manufacturing
Manufacturing
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United States of America
Edmonton