NuGen Medical Devices Inc V.NGMD

Alternate Symbol(s): NGMDF

Healthcare Medical Devices

NuGen Medical Devices Inc. is a Canada-based specialty medical device company. The Company is engaged in marketing and selling its InsuJet needle-free injection system designed to improve the lives of millions of diabetics. Its principal business is the research, development and commercialization of needle-free injection devices and systems for the administration of subcutaneous medication. It is developing products using its needle-free delivery technology in several fields including, but not limited to, diabetes, semaglutide, growth and fertility hormone, as well as deoxyribonucleic acid (DNA) and conventional/pediatric vaccines. It is focusing its development efforts on needle free devices in the area of liquid jet delivery through the InsuJet platform. The Company's InsuJet technology platform is based on jet-stream administration of liquid drugs. The Company manufactures and commercializes needle-free injection systems and sells in over 40 countries globally.

TSXV:NGMD - Post by User

NuGen Medical Devices Inc > Huge $204 million Deal! Too the moon today

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Comment by thedave2006on Jul 26, 2023 10:14am

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Post# 35557554

RE:Huge $204 million Deal! Too the moon today

It sounds quite promotional. Insiders sold stock in June which seems odd for a company landing many new deals.

There’s a huge amount of warrants that could hit the market as well.

50m warrants I believe.

From Tom at twitter forum.

.....take care traders.

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