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Optimi Health Corp announced the receipt of a Certificate of Analysis (COA) confirming that its 40mg and 60mg MDMA capsules meet Good Manufacturing Practice (GMP) specifications. The capsules have a purity level of 99.95% and have passed stability testing for up to three months. The company has also completed GMP process validation for up to 1,000 capsules per batch. In a corporate update, Optimi announced plans to close a final tranche of its private placement offering, aiming to raise CAD$1,500,000 at CAD$0.30 per unit. Proceeds will be used for obtaining a Drug Establishment License and commercialization efforts.
Optimi Health Corp., a Health Canada licensed GMP psychedelics pharmaceutical manufacturer, is closing the final tranche of its non-brokered private placement to raise up to CAD$1,500,000. The Company has already raised CAD$555,010. Each Unit consists of a Common Share and a Warrant. The net proceeds will be used to obtain a Drug Establishment License, facilitate commercialization, and for general working capital. Optimi has entered into a services agreement with Very Polite Agency Inc. to provide public and media relations services. The Company has completed its Drug Establishment License inspection for GMP compliance.
Optimi Health Corp. receives an Export Permit from Health Canada to ship MDMA to Tel Aviv University's Institute for Psychedelic Research, marking its first international export. This collaboration signifies a significant milestone for Optimi, showcasing its ability to produce GMP psychedelic pharmaceuticals and support global psychedelic research and innovation.