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Devonian Health Group Advances Thykamine™ Development and Updates Private Placement

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Devonian Health Group Advances Thykamine™ Development and Updates Private Placement

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The latest announcement is out from Devonian Health Group ( (TSE:GSD) ).

Devonian Health Group has announced advancements in the development of Thykamine™, a therapeutic targeting inflammatory and fibrotic pathways, with ongoing studies in Metabolic Associated Steatohepatitis and pulmonary fibrosis. The company is also exploring oral formulations to expand its market reach. Additionally, Devonian is addressing changes in its product distribution agreements and has corrected the details of a recent private placement, which raised $2,362,999.80.

More about Devonian Health Group

Devonian Health Group Inc. is a clinical stage pharmaceutical company based in Québec, Canada, specializing in the development of drugs for inflammatory autoimmune diseases such as ulcerative colitis and atopic dermatitis. The company also develops cosmeceutical products and operates a commercialization subsidiary, Altius Healthcare Inc., which markets prescription pharmaceutical products in Canada.

Average Trading Volume: 13,594

Technical Sentiment Signal: Sell

Current Market Cap: C$22.97M

Find detailed analytics on GSD stock on TipRanks’ Stock Analysis page.

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