Emerald Health Therapeutics, Inc. (TSX-V: EMH) (OTCQX: EMHTF)
Market Cap: $515.907M, current share price: $4.5576
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Emerald Health Therapeutics, Inc. (EMH.V) (EMHTF) operates through Emerald Health Botanicals Inc. ("Botanicals"), a wholly owned subsidiary and Licensed Producer under Canada's Access to Cannabis for Medical Purposes Regulations. On February 8th, 2018, the Company closes an $18M prospectus sale to a single Canadian Institutional accredited investor. Pursuant to the Offering, the Company has issued 3,000,000 units at a price per Unit of $6.00 for gross proceeds of $18,000,000.
Lexington Biosciences, Inc.
Market Cap: $10.845M, current share price: $0.377
LXGTF announced just yesterday that the Company has begun the first clinical trial with the first patient enrollment. LXGTF is a development-stage medical device company and is currently testing its HeartSentry technology for cardiovascular health diagnosis. HeartSentry is a new non-invasive diagnostic device designed to measure and monitor cardiovascular health by assessing the function of a patient's vascular endothelium, the vital innermost lining of the cardiovascular system.
Delcath Systems, Inc. (OTCQB: DCTH)
Market Cap: $8.7M, current share price: $.02
DCTH is an interventional oncology company focused on the treatment of primary and metastatic liver cancers. Earlier this month, the Company announced that physicians in Europe have performed the 500th PHP Therapy® treatment using the company's Hepatic CHEMOSAT® Delivery System (CHEMOSAT). CHEMOSAT was launched in select European markets in 2012, and physicians there have used it to treat a wide variety of cancers of the liver. The system has not yet been approved by the U.S. Food and Drug Administration.
International biotechnology companies across the world are working to create the next big solution to some of the most rare diseases. Biotechs who are working on therapies applicable to more than one disease will likely be the most successful as their drug will permeate several markets.
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