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Off-market insider buying at Satellos Bioscience (V:MSCL)

Updated Monday Sep 19, 2022 03:02 AM EDT

William Wasyl Jarosz, a Director, acquired 325,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on September 13th, 2022. The insider also acquired 162,550 Warrants on a direct ownership basis at an exercise price of $0.600 through a prospectus or prospectus exempt offering on September 13th, 2022. This represents a $130,000 investment into the company's shares and an account share holdings change of greater than 100%.

Satellos Bioscience is in the Biotechnology & Medical Research Sub Industry Group under the Healthcare Sector.

Satellos Bioscience Inc. is a Canada-based biotechnology and drug development company. The Company is focused on developing medicines to treat degenerative muscle conditions. The Company's lead program is focused on developing an oral therapeutic drug for Duchenne muscular dystrophy that serves to correct muscle stem cell polarity and restore the body's innate muscle repair and regeneration process. It uses MyoReGenX discovery platform to map pathways which modulate muscle repair and regeneration, identify and confirm drug targets, and test drug candidates for their ability to restore muscle stem cell repair mechanisms that have been impaired by genetic mutations, disease or injury. Its iCo Portfolio consists of two technologies namely the Oral Amp B Delivery System and Bertilimumab (previously iCo-008). Bertilimumab is a human monoclonal antibody that neutralizes eotaxin-1, a ligand to the C-C chemokine receptor type three to treat a range of allergic and inflammatory conditions.

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Go to Satellos Bioscience Inc. (MSCL)'s company page

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Satellos Bioscience Inc.

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