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Voyageur Pharmaceuticals Ltd V.VM

Alternate Symbol(s):  VYYRF

Voyageur Pharmaceuticals Ltd. is a Canada-based company engaged in the development of barium and iodine Active Pharmaceutical Ingredients (API) and offers high-performance imaging contrast agents. The Company is focused on vertically integrating the barium and iodine contrast market, and aims at producing its own barium, iodine, and endo fullerenes. The Company’s products include SmoothX, SmoothHD, SmoothLD, VisionHD, VisionLD and V-Gas. SmoothX (2%w/v) is a contrast medium for use in computed tomography (CT) of the gastrointestinal tract. VisionHD is a high-density (98% w/w) barium powder suspension tailored for double-contrast radiographic examination of the gastrointestinal tract, esophagus, stomach and duodenum. It also owns a 100% interest in the Frances Creek barium sulfate (barite) project, which is a rare grade mineral suitable for the pharmaceutical marketplace that is intended to replace the current synthetic products with quality imaging products.


TSXV:VM - Post by User

Comment by Investor1957on May 29, 2024 5:03pm
140 Views
Post# 36063119

RE:Something Fundamentally Wrong

RE:Something Fundamentally Wrong As some posters have mentioned, it's taken VM longer than expected to get to the point of announcing their first sales. It's been a series of money raises at low valuations, doing some work, raising more money, doing more development work, then getting the product validated by radiologists, and now closing the first sales. In the meantime, you've got all the overhead associated with being a public company which sucks up cash quickly. This is why management, who are largely engineers and financial people, are not spending time communicating via social media. As they begin to generate cash flow, they'll staff up and you'll see more of a Marketing function from them.
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