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Cardiol Therapeutics Inc T.CRDL

Alternate Symbol(s):  CRDL

Healthcare
Cardiol Therapeutics Inc. is a clinical-stage life sciences company. The Company is focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. Its lead drug candidate, CardiolRx (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure. It is also developing CRD-38, a novel subcutaneously administered drug intended for use in heart failure. It has received Investigational New Drug Application authorization from the United States Food and Drug Administration to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart.


TSX:CRDL - Post by User

Cardiol Therapeutics Inc
Bullboard Posts
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Comment by Youhillmanon May 22, 2020 5:24pm
97 Views
Post# 31063013

RE:RE:Bought Deal

RE:RE:Bought Deal

Given there are almost 2 weeks until the bought deal closes, some very positive signs today as CRDL was up almost 6%, 5 cents over the bought deal price and traded twice the number of shares.

This kind of trading is very unusual in this environment and IMO it probably has to do with the Shoppers sales, the use for Covid-19 patients, the discounted price it's currently trading at as well as additional news that is forthcoming!

IMO based on how this is trading, I believe June will be a very good month for CRDL!

LOL..had a buy order in at $2.36, hope the price goes back there during the bought deal period, hate to miss out on getting this at a great price!

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities