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IN BRIEF: MGC quarterly revenue jumps on ArtemiC Rescue order delivery

Wed, 07th Apr 2021 15:26

MGC Pharmaceuticals Ltd - Australian pharmaceutical company - Completes delivery of the first bulk order in March of ArtemiC Rescue to Swiss PharmaCan AG, equating to AUD425,000, about EUR275,000, wholesale production revenue to MGC. Upon completion of manufacturing and delivery of this first ArtemiC Rescue bulk order, the company says it delivered a record quarter of sales revenue of AUD880,000 generated for the March quarter.

Current stock price: 4.19 pence, up 7.4% on Wednesday

Change since listing in London on February 9: up 76%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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