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The latest update is out from Neuroscientific Biopharmaceuticals Ltd. ( (AU:NSB) ).
NeuroScientific Biopharmaceuticals Ltd has completed the acquisition of Isopogen WA, gaining full rights to the StemSmart™ patented stem cell technology. This strategic move positions the company to focus on a Special Access Program for treating fistulising Crohn’s disease, a condition with limited treatment options. The company has also announced new board appointments, with Robert McKenzie as the Non-Executive Chairman, signaling a strategic shift towards advancing clinical programs and seeking regulatory approval for their innovative treatments. The acquisition and new leadership are expected to strengthen the company’s market position and provide alternative treatment options for patients.
More about Neuroscientific Biopharmaceuticals Ltd.
NeuroScientific Biopharmaceuticals Ltd is a company operating in the biopharmaceutical industry, focusing on developing innovative treatments using stem cell technology. Their primary product involves the patented StemSmart™ technology, which enhances the clinical efficacy of mesenchymal stem cells derived from adult human donor bone marrow. The company targets significant markets, including Crohn’s disease, kidney transplants, lung disorders, and graft-versus-host disease.
Average Trading Volume: 428,090
Technical Sentiment Signal: Buy
Current Market Cap: A$13.01M
See more insights into NSB stock on TipRanks’ Stock Analysis page.