Welcome to our dedicated page for Nordicus Partners Corporation news (Ticker: $NORD), a resource for investors and traders seeking the latest updates and insights on Nordicus Partners Corporation stock.
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Nordicus Partners (OTCQB: NORD) has acquired a 95% stake in Orocidin A/S, a clinical-stage biopharmaceutical company specializing in periodontitis therapies, for $38 million. The transaction involves issuing 38 million restricted common shares to Orocidin’s shareholders. As a result, Nordicus CEO Henrik Rouf and Director Henrik Keller will join Orocidin's Board of Directors. This acquisition aligns with Nordicus's strategy to support innovative life sciences companies in entering the U.S. market. Orocidin’s key product, QR-01, is designed to combat periodontitis, addressing a significant unmet need in a market projected to reach $1.3 billion by 2029.
Nordicus Partners (OTCQB: NORD) has announced its uplisting to the OTCQB, a recognized public securities market by the SEC. This move aims to enhance liquidity, achieve fair valuation, and attract a wider network of investors and media partners. The uplisting is expected to aid in executing growth plans and making shares more appealing to potential targets.
