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Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based clinical-stage biotechnology company. The Company’s principal business is to develop, manufacture and commercialize blood-derived stem cell therapies to treat various diseases. It is an autologous stem cell therapeutics company that holds 91 patents on the derivation of three stem cell lineages from the patient’s blood, including angiogenic cell precursors (ACP-01), neuronal cell precursors, and cardiomyocyte cell precursors. ACP-01 is a lead clinical-stage candidate, like NCP-01 and CCP-01, is generated from the patient’s blood. The Company is engaged in providing treatment for ischemia, such as ischemic cardiomyopathy, angina, peripheral arterial disease including critical limb ischemia. The Company’s proprietary technology is a personalized regenerative therapy that is administered to a patient within seven days of the initial blood draw. Its subsidiaries include Kwalata Trading Limited, Hemostemix Ltd., and PreCerv Inc.


TSXV:HEM - Post by User

Post by 20centsORLESSon Jan 12, 2022 12:33pm
197 Views
Post# 34308680

Cash position...?

Cash position...?Looks like they issue shares as they go and don't really overdo it, which is great for dilution/shareholders, but slightly sketchy when you get into situations where you need the coin, like court. Cash raised in Sept was minimal, and now will likely be redirected away from clinicals... thoughts? Timeline? Professional feels look to be eating up the bulk of their Cash, would love a deep dive into that account... no notes, nothing. Hum.
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