Crescita Therpeutc (TSE:CTX) has released an update.
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Crescita Therapeutics Inc. has enhanced its market position by completing the acquisition of Occy Laboratory’s business assets, which includes manufacturing equipment, inventory, and intellectual property. The deal, valued at $0.9 million, is expected to be accretive to Crescita’s EBITDA following integration. Occy, facing bankruptcy proceedings, was approved for asset sale by the Québec Superior Court, and Crescita will maintain Occy’s commercial operations.
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