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Pharmala Biotech Holdings Inc C.MDMA

Alternate Symbol(s):  MDXXF

PharmAla Biotech Holdings Inc. is a Canada-based biotechnology company. The Company is focused on the development, manufacture and sales of methylenedioxy methamphetamine (MDMA) and methylenedioxy phenethylamines (MDXX) class molecules in service to the burgeoning clinical research community and growing commercial use cases in select jurisdictions. The Company has three primary business lines: the manufacture of MDMA and MDXX class molecules for sale to clinical researchers in both the commercial and academic sphere, the research and development of novel MDXX class compounds which offer unique benefits above and beyond known substances, and the development of novel delivery mechanisms for MDMA and MDXX class compounds. Its research and development unit has completed proof-of-concept research into several IP families, including ALA-002, its lead drug candidate. It works with laboratories across Canada to develop novel processes for the supply of LaNeo MDMA and other MDXX substances.


CSE:MDMA - Post by User

Post by inviolablspiriton Dec 20, 2024 6:03pm
66 Views
Post# 36373061

Y/E Financials

Y/E FinancialsJust as predicted.  The Y/E financials showed a modest year-over-year gain, which continues to show positive steps in the right direction and the EPS remained at (0.01) which is far, far better than other companies in this sector in regards to MDMA-assisted therapy.  Hopefully the recently signed contracts and future contracts will move the company to profitability in the coming year.  The major key to this company's long-term success is the intellectual property.  Well done to Nick and the team at PharmAla!
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