Brent Willis of Voyageur Pharmaceuticals on securing a domestic medical imaging agent supply

In this InvestorIntel interview with host Tracy Weslosky, Voyageur Pharmaceuticals Ltd.‘s (TSXV: VM) President and CEO Brent Willis, discusses supply chain shortages of vital imaging contrast agents for the medical radiology marketplace

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Brent talks about how contrast agents are used in radiology to allow medical professionals to detect the disease and tumors inside the body, but scans are currently “being canceled across North America because the majority of iodinated contrast comes out of China,” and now “we cannot supply our own hospitals with very much needed drugs just based on a few port closures in China.”

Brent talks about Voyageur’s plans to build all the required infrastructure to become 100% self-sufficient with a processing plant and its ownership of three barium sulphate projects including its Frances Creek property, as well as its recent $1 million capital raise to be used to advance the roll out of Health Canada licensed products for sales in Canada.

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About Voyageur Pharmaceuticals Ltd.

Voyageur is a Canadian public company listed on the TSXV under the trading symbol VM. Voyageur is focused on the development of barite and iodine Active Pharmaceutical Ingredients (“API”) and high-performance cost-effective imaging contrast agents for the medical radiology marketplace. Voyageur’s goal is to initially generate positive cash flow from operations using third party GMP pharmaceutical manufacturers in Canada and internationally. Ultimately, Voyageur has plans to build all the required infrastructure to become 100% self-sufficient with all manufacturing. Voyageur owns a 100% interest in three barium sulphate (barite) projects including the Frances Creek property, suitable in grade for the pharmaceutical barite marketplace, with interests in a high-grade iodine, lithium & bromine brine project located in Utah, USA.

Voyageur is moving forward with its business plan of becoming the only fully integrated company in the radiology medical field, by controlling all primary input costs under the motto of: “From the Earth to the Bottle”.

To learn more about Voyageur Pharmaceuticals Ltd., click here

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3 responses

  1. Robert L Avatar
    Robert L

    I own VM (acquired ‘retail’ through the Venture Exchange, not through unbrokered “unit” distributions) and believe in their ultimate goals. What with Canadian sales on the horizon and hopefully USA and European sales not too far off, I hope they acquire further development funds through capital lending versus continuing to dilute shareholders with more “unit” sales. I understand their previous need to issue “units” to raise funds since they had no revenues, but continuing to get scalped on these non-brokered “unit” sales is no longer acceptable.

  2. Robert L Avatar
    Robert L

    VM announced today the resignation of their CFO. I hope they get a replacement that won’t get played as badly by the financeers as the old guy did in subsequent “unit” equity issuances. The first “unit” sales were tolerable but subsequent (and future) “unit” issuances must be negotiated at higher “unit” prices!

  3. Robert L Avatar
    Robert L

    The troubling “pigs at the trough” syndrome appears to exist within VM. VM approved a so-called Equity Incentive Plan in June/2021 that is in addition to a Stock Option Plan that also exists. The Stock Option Plan is acceptable as long as the exercising price is sufficiently above then-current market share price, however both of these Plans have the same ridiculously long expiration term (10 years). These self-interest benefits allow up to 10% each of shareholder dilution. This is in further addition to excessive Board-member Compensation Securities also having an excessive 10 year expiration term.

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