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PHARMADRUG INC - $LMLLF STOCK NEWS

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

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 PHARMADRUG'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 PHARMADRUG's position in the market.

Rhea-AI Summary

PharmaDrug Inc. announces the appointment of Zalman Goldman to its board of directors, with a background in addiction and recovery, to advance the company's mission in drug research and commercialization. Concurrently, Nickolai Vassev resigns from the board. Mr. Goldman brings valuable experience to the company, receiving 500,000 stock options as part of his appointment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.88%
Tags
management
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Rhea-AI Summary

PharmaDrug's Sairiyo Therapeutics has finished the clinical and regulatory package for a Phase 1 study of their reformulated cepharanthine in Australia. This patented drug, PD-001, aims to treat infectious diseases and oncology. Sairiyo will conduct the study in Australia to benefit from drug development incentives, planning to submit an Investigational New Drug application to the FDA afterward.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.89%
Tags
-
Rhea-AI Summary
PharmaDrug's SecureDose partners with Chiral Labs to advance novel cocaine manufacturing process, aiming to develop biosynthetic pharmaceutical-grade cocaine for safe supply programs. The project includes process refinement, test batch production, and potential commercial manufacturing collaboration. The agreement involves a fee rate of CAD 60,000 per month with an anticipated completion timeline of seven to nine months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.24%
Tags
none
Rhea-AI Summary
PharmaDrug Inc. initiates a project to develop a novel manufacturing method for commercial-scale cocaine production to support safe supply programs. The company files a patent for a biosynthetic chemistry method aiming to revolutionize the supply chain, potentially generating new revenue streams through global partnerships. PharmaDrug emphasizes harm reduction and the importance of biosynthetic versions of substances for a regulated pharmaceutical supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.98%
Tags
none
-
Rhea-AI Summary
PharmaDrug Inc. appoints Dr. David Kideckel as Chairman of the Board, signaling a strategic shift towards clinical trials and drug development. With a strong background in the pharmaceutical industry, Dr. Kideckel's appointment aims to drive growth and innovation within the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.39%
Tags
management
-
Rhea-AI Summary
PharmaDrug Inc. plans to pursue regulatory filings for a Phase I/II clinical study for its reformulated enteric coated version of orally bioavailable cepharanthine (PD-001) as a potential treatment for oncology and infectious diseases. The successful completion of manufacturing activities with Genvion Corporation enables future filings to Australia's TGA and the FDA. The Company aims to conduct clinical studies in the second quarter of 2024, with a focus on regulatory applications for human safety trials in Australia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.42%
Tags
Rhea-AI Summary
PharmaDrug Inc. partners with Outside The Box Capital Inc. for marketing and distribution services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.74%
Tags
none
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Rhea-AI Summary
PharmaDrug Inc. has closed a non-brokered private placement, raising $326,000 in total gross proceeds. The company issued 6,520,000 units at a purchase price of $0.05 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. The proceeds will be used for general corporate purposes, and the securities issued are subject to a hold period of four months and one day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.75%
Tags
none
-
Rhea-AI Summary
PharmaDrug Inc. announces share consolidation and new CFO appointment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.26%
Tags
none
Rhea-AI Summary
PharmaDrug Inc. announces Mr. Daniel Cohen will not be standing for re-election as a director and will be replaced by Mr. Robert J. Steen. Management recommends voting for the approval of Mr. Steen as a director.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
none
PHARMADRUG INC

OTC:LMLLF

LMLLF Rankings

LMLLF Stock Data

2.40M
50.77M
0.88%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
Toronto