Nutriband Announces Stock Buyback and Advances in Fentanyl Patch Development

An update from Nutriband ( (NTRB) ) is now available.

Nutriband Inc. has unveiled a plan to repurchase up to $1 million of its own common stock, showcasing confidence in the company’s value and prospects. Alongside this financial move, the company is progressing in the development of its lead product, an abuse-deterrent fentanyl patch, aiming for FDA submission in the upcoming year. Nutriband’s focus on developing transdermal pharmaceuticals, particularly those designed to prevent drug abuse, positions it as a notable player in the healthcare sector.

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