4/6/2023 0 Comments Dilution problems bio![]() ![]() GMP Bio also has a wholly owned subsidiary, Sapu Therapeutics, LLC, which in turn has 2 wholly owned subsidiaries, namely Sapu Bioscience, LLC and Sapu Holdings, LLC. Dragon Overseas and GMP Bio are affiliated with Golden Mountain Partners (GMP). (Dragon Overseas) and GMP Biotechnology Ltd. The financial results are based on the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 22, 2022.Īs previously reported, on March 31, 2022, we entered into a joint venture, or JV, with Dragon Overseas Capital Ltd. ![]() (“ Oncotelic ”, “ We ” or the “ Company ”) (OTCQB: OTLC ) today announced financial results for the three months ended J(“ Q2 2022”) as compared to the three months ended J(“ Q2 2021”). 22, 2022 (GLOBE NEWSWIRE) - Oncotelic Therapeutics, Inc. Reduction in expenses in Q2 2022 versus Q2 2021 by over $3.5M,ĪGOURA HILLS, Calif., Aug.Net profit of approximately $17.0 million, upon recording fair value of investment in JV of approximately $22.6 million. ![]()
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