Bionxt Solutions Inc (TSE:BNXT) has released an update.
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BioNxt Solutions Inc. is moving forward with its Cladribine program for treating multiple sclerosis, progressing to human comparative bioavailability studies in Europe. The company is also conducting a private placement of up to 6 million shares to raise approximately $1.62 million for further research and development. This funding will support their proprietary ODF Cladribine dosage form, aiming to tap into a global MS drug market projected to reach $41 billion by 2033.
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