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WPD Pharmaceuticals Seeks New Investment Opportunities

Story Highlights
  • WPD Poland receives a significant investment from ACRX, reducing WPD Pharmaceuticals’ share.
  • WPD Pharmaceuticals plans to raise capital for potential acquisitions in health-related sectors.
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WPD Pharmaceuticals Seeks New Investment Opportunities

WPD Pharmaceuticals (TSE:WBIO) has released an update.

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WPD Pharmaceuticals has announced its former subsidiary, WPD Poland, received approximately CAD$699,311 in investment from ACRX Investments Limited, resulting in the company’s reduced ownership to 4.3% and status as a minority shareholder. With no active business, WPD Pharmaceuticals is looking to raise funds to explore investment or acquisition opportunities in biopharmaceuticals, healthcare, or technology sectors.

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

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