PharmaDrug's SecureDose Announces Filing of US Provisional Patent for Manufacturing Method for Biosynthetic Pharmaceutical Grade Cocaine
Toronto, Ontario--(Newsfile Corp. - March 13, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC PINK: LMLLF) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances, natural medicines, and previously approved drugs, is pleased to announce that it has initiated work on a project to develop a novel manufacturing method for the commercial-scale manufacture of cocaine to support safe supply programs. PharmaDrug...
2024-03-13 7:30 AM EDT
PharmaDrug Appoints Current Board Member Dr. David Kideckel as Chairman
Toronto, Ontario--(Newsfile Corp. - February 27, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics and previously approved drugs, is pleased to announce that current board member Dr. David Kideckel has been appointed Chairman of the Board of PharmaDrug replacing Robert Steen who will remain as CEO...
2024-02-27 8:00 AM EST
PharmaDrug's Sairiyo Successfully Demonstrates Ability to Manufacture Cepharanthine (PD-001) for Human Clinical Studies
Toronto, Ontario--(Newsfile Corp. - February 14, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics and previously approved drugs, is pleased to provide an update on the development activities of Sairiyo Therapeutics Inc. ("Sairiyo"), a 51% owned subsidiary of the Company. The update relates to...
2024-02-14 8:25 AM EST
PharmaDrug Inc. Engages Investor Relations and Marketing Service Providers
Toronto, Ontario--(Newsfile Corp. - February 12, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), today announced that it has entered into (i) a marketing and distribution services agreement (the "OTB Agreement") with an arm's length marketing firm, Outside The Box Capital Inc. ("OTBC") to provide marketing services, including digital marketing services through various social media channels to broaden media distribution awareness about the Company; (ii) a...
2024-02-12 8:44 AM EST
PharmaDrug Inc. Announces Successful Closing of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), is pleased to announce the closing of its previously announced non-brokered private placement raising total gross proceeds of $326,000 (the "Offering"). Pursuant to the Offering the Company issued 6,520,000 units ("Units") at a purchase price of $0.05 per Unit for aggregate gross proceeds of up to $326,000. Each Unit is comprised of one common share in the...
2024-02-08 4:30 PM EST
PharmaDrug Inc. Announces Proposed Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - February 1, 2024) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), is pleased to announce a proposed non-brokered private placement offering of units ("Units") to raise total gross proceeds of up to $326,000 (the "Offering"). Pursuant to the Offering the Company will issue up to 6,520,000 Units at a purchase price of $0.05 per Unit for aggregate gross proceeds of up to $326,000. Each Unit will be comprised of one common share...
2024-02-01 8:00 AM EST
PharmaDrug CEO Provides Vision for Securedose Acquisition
Toronto, Ontario--(Newsfile Corp. - December 13, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLD) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics and previously approved drugs, is providing an update from the CEO to elaborate on the reasoning, vision and strategy for the previously announced and executed acquisition of Securedose Synthetics...
2023-12-13 8:00 AM EST
PharmaDrug Inc. Completes Debt Restructuring
Toronto, Ontario--(Newsfile Corp. - November 15, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLD) ("PharmaDrug" or the "Company"), is pleased to announce that it has closed the previously announced debt restructuring (see press release dated November 7, 2023). Under the restructuring, the Company agreed with the holders of its unsecured convertible debentures that matured without payment earlier this year to exchange the outstanding $1,219,768 of indebtedness for new unsecured...
2023-11-15 8:00 AM EST
PharmaDrug Inc. Announces Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - November 8, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLD) ("PharmaDrug" or the "Company"), announces that it has granted a total of 6,250,000 stock options ("Options") to purchase common shares of the Company to certain officers, directors and consultants pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.055 per common share for a period of five years from the date...
2023-11-08 5:23 PM EST
PharmaDrug Inc. Closes Acqusition of Securedose Synthetics
Toronto, Ontario--(Newsfile Corp. - November 7, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLD) ("PharmaDrug" or the "Company"), is pleased to announce that it has closed the previously announced acquisition (see press release dated October 27, 2023) of Securedose Synthetics Inc. ("SecureDose"). PharmaDrug acquired all of the issued and outstanding shares of SecureDose by way of a three-cornered amalgamation between Pharmadrug, SecureDose and a wholly-owned subsidiary of PharmaDrug (the...
2023-11-07 7:30 AM EST
PharmaDrug Inc. Enters Definitive Agreement to Acquire SecureDose Synthetics
Toronto, Ontario--(Newsfile Corp. - October 27, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLD) ("PharmaDrug" or the "Company"), is pleased to announce that it has entered into a definitive agreement (the "Acquisition Agreement") dated October 27, 2023 pursuant to which PharmaDrug will acquire all of the issued and outstanding shares of privately-held Securedose Synthetics Inc. ("SecureDose"), to be effected by way of a three-cornered amalgamation between Pharmadrug, SecureDose and a...
2023-10-27 7:30 AM EDT
PharmaDrug Announces Share Consolidation and Change to Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - October 20, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), announced today that it will be proceeding with the consolidation of its common shares (the "Common Shares") on the basis of seven (7) pre consolidated Common Shares into one (1) post consolidated Common Share (the "Share Consolidation"). The effective date for the Share Consolidation will be October 24, 2023 and the record date for the Share Consolidation will...
2023-10-20 2:03 PM EDT
PharmaDrug Announces Amendment to Shareholder Meeting Matter
Toronto, Ontario--(Newsfile Corp. - September 19, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), announced today that, further to its press release dated September 6, 2023, Mr. Daniel Cohen will not be standing for re-election as a director of the Company at the upcoming annual and special meeting of the Company's shareholders to be held on October 13, 2023 at 10:00 a.m. (Toronto time) and he will instead be replaced by Mr. Robert J. Steen, who replaced...
2023-09-19 4:05 PM EDT
PharmaDrug Provides Development Update of Cepharanthine (PD-001) for Cancer and Infectious Disease
Toronto, Ontario--(Newsfile Corp. - September 14, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), is pleased to provide an update on the development activities of the Company's patented reformulated enteric coated version of orally bioavailable Cepharanthine (PD-001) as a potential treatment for oncology and infectious disease. The technical transfer and development activities with Genvion Corporation are well-underway in preparation for clinical GMP...
2023-09-14 8:00 AM EDT
PharmaDrug Announces Appointment of CEO and Changes to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - September 6, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), announced today the appointment of Robert J. Steen as Chief Executive Officer (CEO) and Chairman of the Board of Directors. Robert will replace Daniel Cohen, who will continue on in an advisory capacity to ensure a proper transition and steady state progress in the cepharanthine program. Robert has had a long career of successful entrepreneurship. He has helped...
2023-09-06 8:00 AM EDT
PharmaDrug Announces Strategic Investment in Sairiyo Therapeutics Inc.
Toronto, Ontario--(Newsfile Corp. - July 18, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), announced today that it has reached an agreement yesterday with PharmaTher Inc. ("PharmaTher"), a wholly-owned subsidiary of PharmaTher Holdings Ltd. (CSE: PHRM) (OTCQB: PHRRF), pursuant to which PharmaTher will subscribe for 144,117,647 common shares of PharmaDrug's subsidiary Sairiyo Therapeutics Inc. ("Sairiyo") for $300,000. Following the issuance, PharmaTher...
2023-07-18 7:30 AM EDT
PharmaDrug Announces Termination of General Security Agreement and Issuance of Common Shares
Toronto, Ontario--(Newsfile Corp. - July 5, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), announced today that it has reached an agreement with the holders of $650,000 principal amount of the Company's convertible debentures to terminate a general security agreement granted by the Company's wholly-owned subsidiary Sairiyo Therapeutics Inc. ("Sairiyo"). As consideration for agreeing to terminate the general security agreement the Company has agreed to...
2023-07-05 4:15 PM EDT
PharmaDrug Brings On Advisor to Maximize Shareholder Value With Its Underlying Assets
Toronto, Ontario--(Newsfile Corp. - May 23, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), is announcing that it has appointed David Posner to its Advisory Committee and as a consultant with a mandate for strategic initiatives and corporate restructuring. Daniel Cohen, Chairman and CEO of PharmaDrug commented, "We are extremely excited to bring David Posner on as an advisor. David has a long history of founding companies in the cannabis, psychedelic and...
2023-05-23 7:30 AM EDT
PharmaDrug Announces Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - May 8, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), is announcing that the Ontario Securities Commission has issued a "failure to file" cease trade order in respect of the Company's securities under Multilateral Instrument 11-103 Failure-to- File Cease Trade Orders in Multiple Jurisdictions (the "CTO"). The CTO was issued as a result of the Company's failure to file its audited financial statements, management's...
2023-05-08 8:45 AM EDT
PharmaDrug Announces Non-Brokered Offering of $100,000 of Convertible Secured Debentures
Toronto, Ontario--(Newsfile Corp. - April 14, 2023) - PharmaDrug Inc. (CSE: PHRX) (OTCQB: LMLLF) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics and naturally-derived approved drugs, is pleased to announce that it has raised $100,000 through the sale of debenture units ("Units"). Each unit is comprised of a $1,000 principal amount convertible...
2023-04-14 8:00 AM EDT