Adaptogenics Health Corp. Plans Reverse Takeover Deal

Adaptogenics Health Corp. (TSE:ADPT) has released an update.

Adaptogenics Health Corp. has signed a letter of intent for a reverse takeover of Pulmonem Inc., a biotech firm focused on Acute Respiratory Distress Syndrome (ARDS). Upon completion, Pulmonem’s shareholders will hold the majority stake, making it a pivotal player in addressing the unmet needs in ARDS treatment. This strategic move promises significant growth opportunities for investors interested in innovative healthcare solutions.

For further insights into TSE:ADPT stock, check out TipRanks’ Stock Analysis page.

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