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Nutriband raises $1.75M from warrant exercises to fund abuse-deterrent fentanyl patch development.

Company Fundamentals
13 Oct 2026, 15:00 WIB
GlobeNewsWire
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Bullish
Nutriband raises $1.75M from warrant exercises to fund abuse-deterrent fentanyl patch development.

Nutriband Inc. announced the exercise of 272,671 warrants at $6.43 each, raising approximately $1.75 million. The proceeds will support the clinical development and FDA submission of AVERSA Fentanyl, a potential first opioid patch with abuse-deterrent properties. This technology aims to prevent misuse and accidental exposure while maintaining patient access. Nutriband has no remaining tradeable warrants and is focused on advancing this innovative pharmaceutical product.

Nutriband Inc. announced the exercise of 272,671 warrants at $6.43 each, raising approximately $1.75 million. For readers following the Health sector, here is Pluang's market snapshot as of Oct 13, 2026 18:02 WIB: out of 128 priced US Health-sector stocks, 78 rose and 41 fell. Notable movers include NUWE at USD 0.66 with a 1-day change of -1.54%, DNA at USD 11.61 with a 1-day change of -1.53%, and SNN at USD 28.09 with a 1-day change of +1.52%.

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