Innovotech (TSE:IOT) has released an update.
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Innovotech Inc. has successfully closed an over-subscribed private placement raising $1.15 million and completed the acquisition of Keystone Labs Inc. This acquisition aims to diversify Innovotech’s revenue and expand market opportunities, enhancing its position in the pharmaceutical and biotechnology sectors.
For further insights into TSE:IOT stock, check out TipRanks’ Stock Analysis page.