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Bullboard - Stock Discussion Forum
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.
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CSE:MDMA - Post Discussion
Pharmala Biotech Holdings Inc
> Financials are out on Sedar
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inviolablspirit
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Post by
inviolablspirit
on Apr 29, 2024 8:47pm
Financials are out on Sedar
As expected, as the company is just beginning to ramp up sales. The next quarter will be of more interest. Expenses are still kept quite low.
(533)
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inviolablspirit
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Comment by
inviolablspirit
on Apr 30, 2024 11:57am
If one wants to compare financial statements to similar company in the same sector go look at Opti. Opti has roughly the same amount of shares outstanding and a minus $0.05 - $0.06 EPS and MDMA is about $0.00 to minus $0.01 EPS. MDMA's financial health is about 5x better than Opti's. MDMA is running a more lean company and IMO has greater opportunities for success
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