Quanta Inc (fka QNTA)

[~MulaGreen~]

Great 1st QR with Medolife CEO Dr. Arthur Mikaelian...

Medolife Rx Reports First Quarter 2021 Financial and Operational Results, Schedules Conference Call with Investment Community


https://finance.yahoo.com/news/medolife-rx-reports-first-quarter-130000990.html

First Quarter 2021 Highlights:

Total revenue generated was USD $318,807;

Gross margins remained above 90%;

Cash on hand at the end of the quarter was over USD $300,000, a substantial increase when compared to the same period in the prior year;

Various positive updates on preclinical studies completed on its lead drug candidate Escozine® demonstrating safety and efficacy of the product;

Preparation for response to Pre-Investigational New Drug (IND) filing with the U.S. Food and Drug Administration (FDA);

Expansion of first-of-its-kind scorpion reservation and research facility in the Dominican Republic (DR), preparing for demand created by product registration of Escozine® in the region;

Rebranding efforts on nutraceutical product lines focused on major markets such as beauty, wellness and nutritional supplements;

Participate and Ask a Question during the CC.
https://zoom.us/webinar/register/WN_gfcQmH6PQCujWCOQjIRwyA