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Devonian Health Sees Revenue Surge Amid Stock Option Grants

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Devonian Health Sees Revenue Surge Amid Stock Option Grants

Devonian Health Group, Inc. (TSE:GSD) has released an update.

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Devonian Health Group reported a significant 360% increase in first-quarter revenues, boosted by the success of its Altius subsidiary’s pharmaceutical product, DEXLANSOPRAZOLE. Despite the revenue surge, the company posted a net loss of $0.002 per share. Additionally, Devonian granted over 1.5 million stock options to its independent directors, signaling confidence in future growth.

For further insights into TSE:GSD stock, check out TipRanks’ Stock Analysis page.

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