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Biodexa Pharmaceuticals | POS AM: Post-effective amendment to a registration statement that is not immediately effective upon filing

SEC announcement ·  Apr 30 18:10
Summary by Futu AI
Biodexa Pharmaceuticals PLC, a clinical-stage biopharmaceutical company, has announced the completion of several significant corporate transactions and the filing of a post-effective amendment to a registration statement with the SEC. The company has entered into a License and Collaboration Agreement with Emtora Biosciences for the exclusive rights to eRapa, a pharmaceutical formulation of rapamycin, and has also acquired the compound tolimidone from Adhera Therapeutics, Inc. Additionally, Biodexa has completed an underwritten public offering, raising approximately $6.0 million. These strategic moves aim to strengthen Biodexa's product pipeline and financial position. The company's securities are traded on the NASDAQ Capital Market under the symbol 'BDRX.'
Biodexa Pharmaceuticals PLC, a clinical-stage biopharmaceutical company, has announced the completion of several significant corporate transactions and the filing of a post-effective amendment to a registration statement with the SEC. The company has entered into a License and Collaboration Agreement with Emtora Biosciences for the exclusive rights to eRapa, a pharmaceutical formulation of rapamycin, and has also acquired the compound tolimidone from Adhera Therapeutics, Inc. Additionally, Biodexa has completed an underwritten public offering, raising approximately $6.0 million. These strategic moves aim to strengthen Biodexa's product pipeline and financial position. The company's securities are traded on the NASDAQ Capital Market under the symbol 'BDRX.'

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