Deals

Pivot Pharmaceuticals

Completion Date
March 2018

Transaction Type
Development Capital

Lead Partner
Jim Meloche

Background
Pivot Pharmaceuticals Inc. succesfully completed a USD 5 million private placement of convertible debentures. Origin Merchant Securities acted as exclusive financial adviosr to Pivot

Activity
Pivot Pharmaceuticals Inc. (“Pivot”) is a vertically-integrated cannabis company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s proprietary topical and oral drug delivery technologies improve the bioavailability of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products. Pivot’s initial product development candidates will include topical treatments for women’s sexual dysfunction, as well as psoriasis, and an oral product for cancer supportive care.


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