MONTRÉAL, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or the “Company”) is pleased to share the latest achievements of its largest holding Little Green Pharma Ltd. (LGP). LGP has achieved the following major milestones that are validating our investment:
- Fulfilment of CC Pharma order to Germany (2,400 bottles) or $600,000 AUD order value.
- Partnership with national health insurer that now allows LGP oils to be reimbursed by insurance, now patients can get their much-needed medicine from LGP without worrying about out-of-pocket expenses.
- Grant of the Australian Department of Health, Therapeutic Goods Administration (TGA) GMP manufacturing licence by the Office of Drug Control (ODC) and commissioning of new facility this allows for higher volume production to satisfy the order flow.
- Successful first harvest and capacity increase in expanded new facility.
- First commercial quantity delivered to the UK.
For full update from LGP’s AGM update please click here
Currently Elixxer holds 27.4M shares of LGP and December1, 2020 the closing price was $0.60 per share on the ASX, click link: LGP Share Price
Elixxer will be update the investors via press release on further developments from its holdings.
About Elixxer Ltd. (www.Elixxer.com)
Elixxer is a Canadian public company listed on the TSX Venture Exchange (TSX-V: ELXR) and the US OTC-QB exchange (OTCQB: ELIXF).
Through its partners, Elixxer presently has significant interests in Australia, Jamaica, Switzerland, Italy and Canada.
For further information please contact:
Mazen Haddad, CEO: mazen@elixxer.com
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