Currenc Group Inc Stock Price, News & Analysis

CURE Pharmaceutical Holding Corp. (OTC: CURR) announced that CEO Rob Davidson and Nancy Duitch, CEO of subsidiary Sera Labs, will present at the 2021 Sequire Cannabis Conference on April 20 at 2 p.m. EDT. They will highlight CURE’s patented drug delivery technology and its applications in cannabis and wellness products. The conference showcases over 15 companies, offering insights into investment opportunities in the cannabis sector. Attendees can access a video webcast of the presentation afterward.

Sera Labs, a subsidiary of CURE Pharmaceutical Holding Corp. (OTC: CURR), announced that actress Nicole Kidman will headline Collision 2021, North America’s leading tech conference. Kidman and Sera Labs CEO Nancy Duitch are set to discuss innovative delivery system technologies and proprietary methodologies in anti-aging products. The virtual conference from April 20-22, 2021, expects over 40,000 attendees from over 100 countries. Duitch emphasized the significance of this event, showcasing Sera Labs' commitment to leveraging science and technology in beauty and wellness.

CURE Pharmaceutical Holding Corp. (OTC: CURR) reported a remarkable 229% revenue increase to $2.1 million for the year ended December 31, 2020, driven by its acquisition of The Sera Labs, which contributed $7.7 million in pro forma revenue. Gross profit surged to approximately $1.0 million, up from $0.4 million in 2019. Key operational highlights included FDA approval for CUREfilm® Blue, a new product launch with Sera Labs, and gaining NSF International cGMP certification for its manufacturing facility, positioning CURE as a fully integrated healthcare company.

CURE Pharmaceutical Holding Corp. (OTC: CURR) has secured an extension to its Schedule I DEA license, enabling research into psychedelics like LSD, MDMA, and psilocybin for treating mental health disorders. This license supports integrated research at CURE's FDA-registered facility, bolstering its pharmaceutical pipeline. CURE's existing license facilitates cannabinoid-based drug manufacturing, evidenced by a pharmacokinetic study showing improved bioavailability of its CBD oral film compared to soft gels. The growing interest in psychedelics for mental health treatment positions CURE favorably in an expanding market.

CURE Pharmaceutical Holding Corp. (OTC: CURR) has launched two new clinical development programs aimed at expanding its pharmaceutical pipeline. One program focuses on an antiviral approach utilizing CUREfilm®, the company's patented drug delivery platform, while the other targets anti-seizure therapeutics for both adults and children. The company plans to leverage existing safety and toxicity data to expedite product development. Additionally, CURE is initiating Pharmacokinetics studies for its approved Sildenafil product, CUREfilm® blue, under the 505(b)(2) drug approval pathway, seeking to enhance shareholder value.

CURE Pharmaceutical Holding Corp (OTC: CURR) announced a national advertising campaign for its subsidiary Sera Labs' Nutri-Strips product, Sleep A.S.A.P.™. This initiative targets the 70% of American adults experiencing insufficient sleep, coinciding with National Sleep Awareness Month. The global sleep aids market is projected to grow from $81.2 billion in 2020 to $112.7 billion by 2025. The campaign emphasizes Nutri-Strips’ ease of use and scientifically formulated ingredients designed to promote better sleep.

CURE Pharmaceutical Holding Corp. (OTC: CURR) has commenced initial Pharmacokinetics (PK)/bioequivalence studies for its CUREfilm Blue™, an oral film of sildenafil citrate for erectile dysfunction (ED), following approval of an Investigational New Drug (IND) application by the FDA via the 505(b)(2) pathway. The innovative CUREfilm technology aims to enhance patient experience over traditional pills. The global ED drug market is projected to reach approximately USD 6.6 billion by 2025, with sildenafil maintaining a significant market share. This marks a critical step in CURE's clinical development efforts.

CURE Pharmaceutical Holdings (OTC: CURR) announced changes to its Board of Directors, with William Yuan stepping down as Chairman, becoming an advisor and Chairman Emeritus. Rubén José King-Shaw Jr., an executive with extensive healthcare technology experience, has been appointed as the new Chairman. Dov Szapiro has also joined the Board, bringing over 20 years of expertise in the cannabis industry and private investment. CURE aims to leverage this leadership for growth, focusing on its innovative drug delivery technologies and expanding its presence in wellness and endocannabinoid research.

Sera Labs, a subsidiary of CURE Pharmaceutical Holdings (OTCQB: CURR), has launched ImmunD₃, an oral thin-film strip delivering a weekly dose of 40,000 IU of Vitamin D. This innovation is part of the Nutri-Strips™ line aimed at enhancing convenience in vitamin supplementation. The product is supported by a new e-commerce website and a national TV advertising campaign. Vitamin D's role in immune health is highlighted, with a study indicating that 82.2% of COVID-19 patients were Vitamin D deficient. Sera Labs continues to develop products across health, wellness, beauty, and pets.