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Voyageur Pharmaceuticals Secures $600K Grant to Advance Barium Contrast Products

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Voyageur Pharmaceuticals Secures $600K Grant to Advance Barium Contrast Products

Voyageur Pharmaceuticals ( (TSE:VM) ) just unveiled an update.

Voyageur Pharmaceuticals has received a $600,000 grant from Alberta Innovates to support the commercialization of its Frances Creek barium sulfate, emphasizing its advantages over synthetic alternatives. The grant will assist in enhancing product quality, addressing supply shortages, and strengthening Voyageur’s market position as they prepare to launch their licensed products, which are expected to improve patient outcomes and ensure long-term shareholder value.

More about Voyageur Pharmaceuticals

Voyageur Pharmaceuticals Ltd. operates within the health technology industry, focusing on the development and commercialization of barium-based contrast products. The company aims to address supply shortages and enhance diagnostic imaging standards using natural resources from Canada.

YTD Price Performance: 0.0%

Average Trading Volume: 56,856

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.16M

For detailed information about VM stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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