Bullboard - Stock Discussion Forum Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s): QNTM

Healthcare

FSD Pharma Inc. is a Canada-based biotechnology company. The Company operates through two segments: Biotechnology and Strategic Investments. Its Biotechnology segment is focused on furthering the research and development of the Company’s two primary drug candidates consisting of Lucid-MS and Lucid-PSYCH, as well as the development of UNBUZZD. The Company’s Strategic Investments segment is... see more

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CSE:QNTM - Post Discussion

Quantum BioPharma Ltd > FSD Pharma financial facts mortgage backed

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Post by LingMai2024 on May 24, 2024 7:22am

FSD Pharma financial facts mortgage backed

Company holds approx.. (CAD.)$9.4 million in mortgage backed securities paying interest. Other FSD Pharma assets include ownership of over 25% of Celly Nutrition, a private company headed by veteran leadership with deep experience in launching successful functional beverages.

Also, FSD owns 100% of Lucid Psychedelics purchased 3 years ago for $8 million valuation and has developed a novel drug indicated to treat Multiple Sclerosis (now in a second Phase I study).

Testing costs for MS drug expected to be paid through partnerships.