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FSD Pharma says $10M in new capital is 'gratifying' as the firm makes progress in coronavirus trial

FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) CEO Raza Bokhari tells Proactive it has closed US$10 million in a registered direct offering.

Bokhari says the offering comes as the Canadian company actively works to submit an Investigational New Drug Application to the FDA to use its FSD201 as a possible treatment to reduce lung inflammation in hospitalized coronavirus patients.

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Price: 3.64 CAD

CSE:HUGE
Market: CSE
Market Cap: $53.59 m
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FSD Pharma CEO updates corporate moves, progress at hydroponic cannabis facility

FSD Pharma Inc (CSE:HUGE) (OTCQB: FSDDF) interim CEO Dr. Raza Bokhari updates Proactive Investors on the cannabis company's partners, management, and recent achievements. Bokhari says FSD is on track to transform its 25,000 sq. ft facility in Cobourg, Canada into the world’s largest...

on 19/2/19

2 min read