CPH 0.00% 0.9¢ creso pharma limited

Ann: Halucenex Update, page-4

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  1. 709 Posts.
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    Creso Pharma Limited (ASX:CPH, OTC:COPHF, FRA:1X8) (‘Creso Pharma’ or ‘the Company’) is
    pleased to advise that its wholly-owned, Canadian based psychedelics subsidiary, Halucenex Life
    Sciences Inc. (“Halucenex”) has been included on a list of companies that can provide psychedelic
    compounds to researchers and patients under the SAP. The SAP is a federal program that allows
    healthcare professionals to apply for access to non-marketed medications that have not yet been
    approved for sale when such medications show clinical evidence of safety and efficacy
    and are
    intended to treat patients with severe or life-threatening illnessii.


    it will take years before clinical evidence help push legislation changes and commercializing this into a profitable revenue stream.... until that happens.. the cash burn is not sustainable and imagine the amount of capital raises needed to keep this afloat to reach that goal...

    but I guess as long as you the holder is happy.. that's most important. =)


    Last edited by edwardc: 09/02/22
 
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