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Kadimastem Shareholders Approve Merger with NLS Pharmaceutics
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Kadimastem Shareholders Approve Merger with NLS Pharmaceutics

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Invest with Confidence:

An update from NLS Pharmaceutics ( (NLSP) ) is now available.

On January 31, 2025, shareholders of Kadimastem approved a merger with NLS Pharmaceutics, marking a significant step toward forming a combined Nasdaq-traded biotechnology entity. This merger is expected to enhance their portfolio with advanced therapies for neurodegenerative diseases and diabetes, highlighting the companies’ commitment to addressing unmet medical needs in the biopharmaceutical sector.

More about NLS Pharmaceutics

NLS Pharmaceutics Ltd. is a Swiss clinical-stage biopharmaceutical company that focuses on discovering and developing innovative therapies for rare and complex central nervous system disorders. Kadimastem Ltd. is a clinical-stage cell therapy company based in Israel, specializing in ‘off-the-shelf’ allogeneic cell products for neurodegenerative diseases and diabetes.

YTD Price Performance: -9.17%

Average Trading Volume: 1,202,706

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.9M

For an in-depth examination of NLSP stock, go to TipRanks’ Stock Analysis page.

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