
PharmaCyte Biotech Successfully Monetizes Femasys Stake, Strengthening Cash Position and Underscoring Strategic Capital Deployment | FEMY Stock News

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PharmaCyte Biotech successfully monetized its stake in Femasys Inc., boosting its cash and marketable securities to $20 million. This move underscores PharmaCyte's strategic capital deployment and commitment to enhancing shareholder value. Despite a strengthened financial position, PharmaCyte's stock trades at $0.65 per share. The company plans to continue pursuing value-accretive investments and disciplined management to further enhance returns.
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