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Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s):  QNTM

Healthcare
Quantum BioPharma Ltd. is a Canada-based biopharmaceutical company. The Company is engaged in building a portfolio of assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (Lucid), it is focused on the research and development of its lead compound, Lucid-MS, which is a patented new chemical entity to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis. Its unbuzzd beverage is a proprietary formulation of vitamins and minerals to help with liver and brain function for the purposes of relieving the effects of alcohol consumption and restoring a normal lifestyle. It maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.


CSE:QNTM - Post by User

Quantum BioPharma Ltd > My thoughts for today
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Comment by BigDogMacon May 14, 2023 6:28pm
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Post# 35447563

RE:RE:RE:RE:RE:RE:My thoughts for today

RE:RE:RE:RE:RE:RE:My thoughts for todayIt takes at least $100M to go from phase 1 to 3 in virtually any trial. These guys have approximately $15M in the bank with a HUGE monthly burn with what they pay themselves. They will be out of business in 6 months or less. 
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