VYYRF - Voyageur Pharmaceuticals takes major step forward announcing international expansion
(NewsDirect)
Voyageur Pharmaceuticals CEO Brent Willisjoined Steve Darling from Proactive to discuss the recent announcementregarding its international expansion and third-party manufacturingfor barium sulfate products in the radiology market marks asignificant development for the company. Voyageur has signed its firstdistribution deal with an international company. This is a crucialstep in expanding its reach beyond Canada and tapping into globalhealthcare markets.
Willis told Proactive the third-partymanufacturing initiative is a precursor to the Francis Creek project,which is expected to significantly reduce production costs for bariumsulfate. This cost reduction could enhance the company'scompetitiveness and profitability. The company is on track to conducta bankable feasibility study for the Francis Creek project in early2024.
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