NuGen Medical Devices Inc. (V:NGMD)
Business Focus: Medical Equipment, Supplies & Distribution (NEC)
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Insider Filings
Latest 10 SEDI filings for NGMD within the last 6 months
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Company News
Apr 15, 2024 17:15 ET
NuGen Announces Debt Settlement and Amendments to Care4Pharma Share Purchase Agreement
Toronto, Ontario--(Newsfile Corp. - April 15, 2024) - NuGen Medical Devices Inc. (TSXV: NGMD) (the "Company" or "NuGen") announces that it has agreed to settle an aggregate of €275,000 of indebtedness owed to Care4Pharma B.V. ("Care4Pharma"), an arm's length creditor (the "Creditor"), with respect to monies owed pursuant to the share purchase agreement between the Company and Care4Pharma dated June 30, 2021 (the "Share Purchase Agreement"), through the issuance of an aggregate of 2,000,000 common shares (the "Common Shares") of the Company at a deemed price of $0.20 per Common Share (the "Debt Settlement"). The Company has elected to settle the indebtedness through the issuance of Common Shares to preserve cash and improve the Company's balance sheet.
Jan 30, 2024 17:15 ET
NuGen Announces Completion of Product Training with Sol Millennium as European Markets Expand
Toronto, Ontario--(Newsfile Corp. - January 30, 2024) - NuGen Medical Devices Inc. (TSXV: NGMD) (the "Company" or "NuGen") a leading developer of needle-free devices to administer therapeutics subcutaneously, is pleased to announce that as of January 30th, 2024, Sol-Millennium Medical Inc.'s ("Sol-M") global sales & marketing team has now completed their in-depth clinical training of NuGen's needle-free InsuJet™ medical device for sales and marketing throughout Europe.
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
121.32
3.79
3.83
Price to Book - most recent quarter
--
3.94
2.18
Price to Cash Flow per share - TTM
--
--
10.58
Price to Free Cash Flow per share - TTM
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13.36
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 66,979 | -18,766 |
| Mar 31, 2024 | 85,745 | -756,747 |
| Mar 15, 2024 | 842,492 | 839,780 |
Business Summary
| Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
NuGen Medical Devices Inc. is a Canada-based specialty medical device company. The Company is engaged in marketing and selling its InsuJet needle-free injection system designed to improve the lives of millions of diabetics. Its principal business is the research, development and commercialization of needle-free injection devices and systems for the administration of subcutaneous medication. It is developing products using its needle-free delivery technology in several fields including, but not limited to, diabetes, semaglutide, growth and fertility hormone, as well as deoxyribonucleic acid (DNA) and conventional/pediatric vaccines. It is focusing its development efforts on needle free devices in the area of liquid jet delivery through the InsuJet platform. The Company's InsuJet technology platform is based on jet-stream administration of liquid drugs. The Company manufactures and commercializes needle-free injection systems and sells in over 40 countries globally.
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