| Specialty Retail Industry | Consumer Discretionary Sector | Mr. Zeeshan Saeed CEO | CNSX Exchange | - ISIN |
| Canada Country | - Employees | - Last Dividend | 15 Aug 2024 Last Split | - IPO Date |
Quantum BioPharma Ltd. is a biopharmaceutical company engaged in the research and development of treatments for various diseases, focusing particularly on neurodegenerative, inflammatory, metabolic disorders, and alcohol misuse disorders. The company strategically operates through two primary segments: Biopharmaceutical and Strategic Investments. Initially known as FSD Pharma Inc., the company underwent a rebranding to Quantum BioPharma Ltd. in August 2024, a move that reflects its broadened focus and advancement in the pharmaceutical field. With its headquarters in Toronto, Canada, Quantum BioPharma Ltd. is positioning itself as a leader in the development of innovative treatments for complex health conditions.
Lucid-MS serves as the leading compound in Quantum BioPharma Ltd.'s product line, currently undergoing Phase 2 clinical trials. This patented new chemical entity targets the prevention and reversal of myelin degradation, a foundational cause of multiple sclerosis (MS). Through its action, Lucid-MS demonstrates potential to offer significant impact in the treatment of MS by addressing the underlying mechanisms of the disease in preclinical models, paving the way for a groundbreaking treatment option.
Quantum BioPharma Ltd. is in the process of developing a dedicated treatment aimed at addressing alcohol misuse. This initiative represents the company's commitment to expanding its portfolio to include solutions for substance misuse disorders, specifically designed for implementation in hospitals and medical practices. Through this development, the company aims to provide an effective treatment option that can significantly improve the healthcare outcomes for individuals struggling with alcohol misuse.
In addition to its focus on biopharmaceuticals, Quantum BioPharma Ltd. actively maintains a portfolio of strategic investments. These investments primarily consist of loans secured by residential property. This segment of the company's operations underscores its strategic approach to financial management and investment, aimed at supporting its core research and development activities in the biopharmaceutical sector, thus ensuring sustained growth and innovation.