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Pharma Nutria N.A., Inc. Acquires Substantial Stake in Firebrick Pharma

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Firebrick Pharma Limited ( (AU:FRE) ) has provided an update.

Firebrick Pharma Limited, a company in the pharmaceutical industry, has announced that Pharma Nutria N.A., Inc. has become a substantial holder of its shares. Pharma Nutria N.A., Inc. acquired 11,578,947 ordinary shares, representing a 5.22% voting power in Firebrick Pharma, for a consideration of $1,100,000. This acquisition marks a significant investment and could impact Firebrick Pharma’s market positioning and stakeholder interests.

More about Firebrick Pharma Limited

YTD Price Performance: 53.33%

Average Trading Volume: 178,145

Technical Sentiment Consensus Rating: Sell

Learn more about FRE stock on TipRanks’ Stock Analysis page.

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