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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 Budamanon Mar 02, 2022 10:56am
311 Views
Post# 34474890

I smell Phase 3 trials

I smell Phase 3 trialsBased on the amount af money raised by the recent PP, the funds secured by the PP convertible debentures, and the offer of additional convertible debentures to share holders of record as of March 3, they have amassed an impressive warchest of funds. My gut is telling me the results are equal to or even better than they expected and they are just waiting on the algorithm to confirm the hard locked information. I am betting heavily they are gearing up for Phase 3 trials. This SP will hit between $3 and $7 per share during Phase 3 and will be bought out by a major player such as Pfizer. This is massive news. In my opinion only. Thanks-Buda.
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