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Why Firebrick Pharma’s Philippines Partner Just Paid a 31% Premium for Shares
10:01am on Thursday 16th of October, 2025 AEDT
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Pharmaceuticals
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Why Firebrick Pharma’s Philippines Partner Just Paid a 31% Premium for Shares
10:01am on Thursday 16th of October, 2025 AEDT
Key Points
Additional $102,000 placement from Philippines partner Pharma Nutria N.A., Inc.
Shares issued at $0.085, a 31% premium over recent closing price
Placement restores partner’s holding above 5% after recent capital raise
Supports upcoming Nasodine Nasal Spray launch in the Philippines in 2026
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