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The latest update is out from Britannia Life Sciences Inc ( (TSE:BLAB) ).
Britannia Life Sciences Inc. has announced the strategic sale of its subsidiary, Advanced Development and Safety Laboratories Inc. (ADSL), to a UK-based buyer for up to £24.2 million. This sale, part of a strategic review to enhance shareholder value, will leave the company debt-free and with significant cash reserves, strengthening its financial position and operational flexibility.
More about Britannia Life Sciences Inc
Britannia Life Sciences Inc. operates in the life sciences industry, with a focus on providing laboratory and testing services. It also holds interests in mining solutions and cosmetics labs, indicating a diverse market focus.
YTD Price Performance: -25.00%
Average Trading Volume: 23,920
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$9.17M
See more data about BLAB stock on TipRanks’ Stock Analysis page.
