BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) announced the appointment of Bar Dichter as its new CFO. Dichter, who has been with the company since 2018, previously served as vice-president of finance following her role as controller.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) preannounced preliminary financial results for the third quarter, noting that it expects record revenue of at least $6.5 million, marking a 100% increase from the year-ago quarter. The leader in botanical synthesis technology also guided revenue of at least $7.2 million for the fourth quarter, representing a 60% jump from Q4 2023.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) this week released its latest quarterly financial results, a period marked by significant revenue and subscriber growth for its red grape cell nutraceutical product VINIA. CEO Ilan Sobel joined Proactive to discuss the results.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) saw its product revenue jump 116% year-over-year in the second quarter driven by strong sales of its flagship red grape-based nutraceutical product VINIA. Total revenues grew 119% to $6 million from $2.8 million in the year-ago quarter, marking a 13% sequential increase.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) told investors it has closed the first tranche of its private placement announced on June 21, 2024, raising approximately $4.3 million (approximately C$5.9 million). The leader in Botanical Synthesis said the funds raised will support its Contract Development and Manufacturing Organization (CDMO) business unit, expand manufacturing capabilities at the newly acquired 80,000-square-foot campus, and be used for general corporate purposes.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) announced that it will raise up to US$5 million to advance its Contract Development and Manufacturing Organization (CDMO) business unit, expand its manufacturing capabilities within the newly acquired 80,000-square-foot campus, and for general corporate purposes. The leader in Botanical Synthesis said it will issue up to 697,350 units at US$7.17 per unit for gross proceeds of up to $5 million.