viewCellmid Limited

Cellmid in trading halt ahead of potential material contract

Cellmid sells anti-aging products such as for hair growth and generated $3.66 million in revenue in the recent December half.

Cellmid Limited - Cellmid in trading halt ahead of potential material contract
Shares in the company last traded at 9.9 cents per share

Cellmid Ltd (ASX:CDY) has been granted a trading halt by the ASX pending the outcome of ongoing negotiations in relation to a potential material contract.

Shares in the company will remain halted until the earlier of either the release of relevant information or the commencement of trading next Tuesday 24 March 2020.

Growing consumer health segment by increasing distribution channels

Cellmid is a life sciences company with a consumer health business and biotech assets in development.

Through subsidiary Advangen, Cellmid sells clinically validated anti-aging products for hair, skin and body including a range of FGF5 inhibitor hair growth products that are sold in Australia, Japan, the US and China.

Revenue from the consumer health segment increased to $3.66 million in the recent December half, 5.5% higher than the prior December half.

Quick facts: Cellmid Limited

Price: 0.1 AUD

Market: ASX
Market Cap: $12.52 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Cellmid Limited named herein, including the promotion by the Company of Cellmid Limited in any Content on the Site, the Company receives from...


Cellmid Limited to supply rapid diagnostic tests to help in new pandemic

Cellmid Limited (ASX:CDY) CEO Maria Halasz tells Proactive's Andrew Scott they've signed an agreement to supply rapid diagnostic tests (RDT), with products expected to arrive in the country by early April. The test uses a virus-specific detection method that delivers results anywhere between...

on 30/3/20

2 min read