InMed Pharmaceuticals Secures $10 Million Equity Purchase Agreement

InMed Pharmaceuticals (INM) has released an update.

InMed Pharmaceuticals has entered into a Standby Equity Purchase Agreement with Yorkville Advisors, allowing it to sell up to $10 million of its common shares over a 36-month period. This financial strategy provides InMed with flexibility to raise capital as needed, supporting the acceleration of its pharmaceutical programs.

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