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Pharma & Biotech

Algernon Health closes second tranche of private placement

Algernon Health (CSE:AGN, OTCQB:AGNPF) closed the second tranche of its non-brokered private placement, raising C$210,000 through the sale of 3 million units at C$0.07 each.

Proceeds will support the company’s Alzheimer’s Disease program, including opening its first US AD clinic, and cover general administrative and working capital expenses.