Rua Bioscience

Rua Bioscience chairman Trevor Burt

Rua Bioscience has entered into an agreement to acquire 100% of New Zealand-based medicinal cannabis company Zalm Therapeutics for NZ$10 million in new Rua shares valued at around 41 cents per share.

The deal is expected to complete in late-January 2022 subject to shareholder approval.

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