Thursday, September 08, 2022 12:25:40 PM
The offering is expected to occur in 15 tranches for total net proceeds of about $5.4 million.
Chief commercial officer Steeve Neron said the deal should provide enough cash to keep the company afloat for the next 14 to 15 months as it awaits the green light from Health Canada to sell one of its key products – a gel capsule used to treat chemotherapy-induced nausea and vomiting in cancer patients and weight loss and severe nausea in patients with HIV infections.
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