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An announcement from Voyageur Pharmaceuticals ( (TSE:VM) ) is now available.
Voyageur Pharmaceuticals has signed a Non-binding Letter of Intent with a Latin American pharmaceutical distributor to expand its market presence in Latin America. This strategic partnership is a significant milestone in Voyageur’s international growth strategy, aiming to meet the increasing demand for high-quality contrast media in underserved markets. The agreement will involve the distributor handling marketing, sales, and regulatory activities in the region, with final terms expected within 90 days. This expansion is expected to support Voyageur’s long-term growth and enhance its global footprint.
More about Voyageur Pharmaceuticals
Voyageur Pharmaceuticals Ltd. is a Canadian public company focused on developing cost-effective imaging contrast media, specifically barium and iodine Active Pharmaceutical Ingredients (API). The company aims to become a key player in the radiology contrast media market by vertically integrating the barium and iodine contrast markets. Voyageur owns a 100% interest in the Frances Creek Project, which provides a rare and exceptional grade mineral suitable for the pharmaceutical marketplace. The company is committed to responsible sourcing and manufacturing practices, embodying the motto ‘From the Earth to the Bottle.’
Average Trading Volume: 126,107
Technical Sentiment Signal: Buy
Current Market Cap: C$39.04M
See more insights into VM stock on TipRanks’ Stock Analysis page.