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Royal DSM led a $31m round in Brains Bioceutical.

Synopsis

Royal DSM, a biotechnology company, led a $31m round in Brains Bioceutical, a pharmaceutical company. “The completion of the capital raise marks an exciting milestone for the Brains’ team. To have the confidence of DSM in this next round solidifies Brains strategic position within the pharmaceutical industry. The growing demand for isolated CBD Active Pharmaceutical Ingredients (API’s) within the pharmaceutical and nutraceutical industry continues to expand. Our team has worked tirelessly to position Brains as the market leader within the CBD industry. Our suite of licences has allowed Brains to scale rapidly within the industry,” Rick Brar, Brains Bioceutical CEO & Chairman.

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