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PharmaDrug Eyes Global Market with Biosynthetic Cocaine

PharmaDrug Eyes Global Market with Biosynthetic Cocaine

Pharmadrug (TSE:PHRX) has released an update.

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PharmaDrug Inc. has announced its subsidiary, SecureDose, has signed a Letter of Intent with a Canadian licensed dealer to manufacture and distribute biosynthetic pharmaceutical grade cocaine, aiming to contribute to harm reduction through safe supply programs. The company is advancing towards a full agreement post technology transfer and commercial-scale process application, with potential global distribution and revenue opportunities.

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

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