Zacks Investment Research upgraded shares of M Pharmaceutical Inc (NASDAQ:MPHMF) from a sell rating to a hold rating in a report issued on Tuesday.

According to Zacks, “M Pharmaceutical Inc. develops and commercializes biomedical technologies for treatment of obesity, diabetes and other gastroenterological indications primarily in Canada. The Company’s technology consists of Trimeo capsules, temporary controllable pseudobezoars for non-invasive gastric volume reduction for the treatment of obesity; Trimtec, gastrointestinal neurostimulators implanted laparoscopically for the treatment of obesity and gastroparesis without permanent anatomical modification of the stomach and eMosquito wearable blood monitor, for automatic and autonomous monitoring of blood glucose by diabetics. M Pharmaceutical Inc. is headquartered in Vancouver, Canada. “

M Pharmaceutical (NASDAQ:MPHMF) opened at 0.102 on Tuesday. M Pharmaceutical has a 12-month low of $0.01 and a 12-month high of $0.12. The company’s 50-day moving average price is $0.00 and its 200-day moving average price is $0.00. The company’s market cap is $9.12 million.

M Pharmaceutical Company Profile

M Pharmaceutical Inc, formerly First Sahara Energy Inc, is a biomedical technology company. The Company is engaged in developing and commercializing drug treatments and biomedical technologies for the treatment of obesity and weight loss. The Company’s biomedical technologies include Trimeo, Trimtec and eMosquito.

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