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MedPal AI Plc ( (GB:MPAL) ) has shared an announcement.
MedPal AI Plc has successfully raised £400,000 through a placing of new ordinary shares, priced at a 5.9% discount to the previous closing price. The funds will support the company’s strategic expansion into the obesity treatment market, particularly focusing on GLP-1 agonist drugs like semaglutide, following its acquisition of assets from Universal Pharmacy Ltd.
More about MedPal AI Plc
MedPal AI Plc operates in the digital health industry, focusing on developing platforms that integrate artificial intelligence with healthcare services. The company is positioning itself in the GLP-1 agonist market for obesity treatment, leveraging its recent acquisition of assets from Universal Pharmacy Ltd.
Average Trading Volume: 1,971,501
For detailed information about MPAL stock, go to TipRanks’ Stock Analysis page.