Akers Biosciences (AKER) Prices 1.99M Unit Offering at $4/Unit

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Akers Biosciences (AKER) will continue strategic review and has identified hemp and minor cannabinoid sectors as promising adjacent opportunities

December 5, 2019 8:47 AM EST

Akers Biosciences, Inc. (NASDAQ: AKER), a developer of rapid health information technologies, today announced that it will continue its strategic review and has identified the hemp and minor cannabinoid sectors as promising adjacent opportunities that could benefit from Akers core competencies. The company is exploring how to leverage its 30 years of operational history in its medical device business, where its current products have U.S. Food and Drug Administration (FDA) clearance, its current operations practice Good Manufacturing Processes (cGMP), its medical device facility is certified under ISO 13485 2016 and the facility carries an Analytical Lab Certification for Schedules... More